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Automotive Finance Manager - Lexus

Ken GarffLexus of Oxnard - Oxnard, CA

$90,000 - $155,000 / year

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Overview

Schedule
Full-time
Career level
Director
Compensation
$90,000-$155,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Considering a career with Ken Garff Automotive Group means you are in for a great ride (excuse the car metaphor)! We're not your standard dealership or group of dealerships and we are pretty darn proud of that. We are out to do things differently and want to consistently change, grow, and progress. For that reason, our employees are proud of where they work!

Lexus of Oxnard, a Ken Garff Automotive Dealership, is currently looking for talented F&I Manager that aligns with our core values and acts with respect, intelligence, greatness, honesty and teamwork.

As a group, we aim to become the most esteemed automotive group by treating people R.I.G.H.T and creating lifetime customers!

Here's why you'll want to work here:

  • Great culture and real career growth

  • Competitive compensation package

  • Yearly Salary Range: $90k - $155k (including salary, commissions, and/or bonuses/incentives)

  • Opportunity to work with one of the largest family owned group of dealerships

  • Paid Time Off and 401k with Company match

  • Medical, Dental, Vision, Short and Long-term disability, AD&D and Life Insurance

  • Year-end bonus program for all employees (Garff Giveback)

  • Employee discounts on Vehicle Purchase, Parts, Service and More!

The pay scale above is the compensation range that the Company reasonably expects to pay for this position. Within this range, individual pay is determined by several factors including, but not limited to, specific skills, relevant work experience, relevant education and/or training, and performance related bonuses and incentives

Here's what you'll be doing:

  • Secure the sale of the vehicle and protect the front-end gross. Treat every customer in a friendly, professional manner, regardless of the customers financing or purchasing decision, or credit ability.
  • Learn and adhere to the Ken Garff F&I Policies and Procedures.
  • Maintain minimum acceptable standards with regards to the sale of F&I products and financing. These standards are defined by both income levels and penetration levels.
  • Establish and maintain good working relationships with several lending sources.
  • Submit all paperwork to and obtain approval from finance sources on all finance deals.
  • Finalize all paperwork necessary in the car deal in a timely manner and submit to the accounting office. Do everything possible to ensure accuracy of information.
  • Maintain a Daily Operating Control and review regularly with General Manager.
  • Acquire required insurance licenses and keep them current.
  • Provide Sales Managers with an average interest rate on a monthly basis to be used in computing customer payments.
  • Set up and maintain an adequate program which will ensure a 100-percent turnover ratio to the F&I department.
  • Attend and participate in sales meetings. Instruct salespeople in proper endorsement of F&I products and dealership financing.
  • Attend and participate in daily "Save-A-Deal" meetings with other managers. Attend and participate in any other manager meetings.
  • Maintain up-to-date manual including current lender rates and incentives, current factory program and incentives, prices on all F&I products, and any other pertinent information.
  • Assist in any customer claims on any of the F&I products and follow up to make sure that claim is resolved in a satisfactory manner.
  • Set up monthly forecasting in conjunction with the sales department forecasting. Use the forecast to establish monthly objectives. Meet those monthly objectives.
  • Maintain insurance files including policies, rates, claim forms, and procedures.
  • Collect and safeguard all money and fees required in the transactions.

Here's what you'll need:

  • 2 or more years of experience in a dealership F&I Department, selling of financial services, or auto sales
  • Must be able to provide references upon request
  • High School diploma or equivalent, college degree preferred
  • Ability to read and comprehend instructions and information
  • Professional personal appearance
  • Excellent communication skills and detail oriented
  • Ability to sell a minimum quota according to the dealership standards

We are an Equal Opportunity Employer

(( We Hear You ))

#INDOTHER

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FAQs About Automotive Finance Manager - Lexus Jobs at Ken Garff

What is the work location for this position at Ken Garff?
This job at Ken Garff is located in Lexus of Oxnard - Oxnard, CA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Ken Garff?
Candidates can expect a pay range of $90,000 and $155,000 per year.
What employment applies to this position at Ken Garff?
Ken Garff lists this role as a Full-time position.
What experience level is required for this role at Ken Garff?
Ken Garff is looking for a candidate with "Director" experience level.
What benefits are offered by Ken Garff for this role?
Ken Garff offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Vacation, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Ken Garff?
You can apply for this role at Ken Garff either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.