Finance & Insurance Manager

Mirak Automotive Group is a family-owned and operated business proudly serving customers with all their automotive needs. Since 1936, the Mirak Automotive Group has served every customer with respect and brought transparency to our every interaction. The Mirak staff is firmly committed to our customers and to our community, and that shines through every day. We've earned our reputation as an honest and transparent dealership, and we owe a huge portion of our success to our wonderful, supportive community, and that's why we give back every chance we can get.

Join our amazing team and build a career with Mirak Automotive Group as a Finance Manager at Genesis of Arlington and Mirak Hyundai!

SUMMARY

• Produces additional revenue for the dealership by managing finance and insurance programs and other appropriate after-sale items to vehicle customers.

ESSENTIAL DUTIES

• Provides customers with thorough explanation of aftermarket products and extended warranties.
• Converts cash deals to finance loans.
• Establishes and maintains good working relationships with several finance sources, including the manufacturer.
• Processes finance and lease deals accurately and fairly through financial sources to secure approval.
• Conducts business in an ethical and professional manner.
• Processes all federal, state, and dealer paperwork related to vehicle transaction.
• Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments.
• Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
• Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
• Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
• Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
• Seeks new lending institutions to secure competitive interest rates and finance programs continually.
• Provides sales force and sales managers with current information about finance and lease programs continually.
• Trains the sales staff regarding the benefits of financing, insurance and extended service programs.
• Works with sales managers to maximize the process of every sale.
• Coordinates finance forecasting with sales department forecasting to achieve desired levels of penetration and income.
• Ensures collection of all finance and insurance fees.
• Prepares reports on finance penetration.
• Works closely with general sales manager to establish sales department goals and objectives and ensures that they are achieved.
• Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
• Supervises and trains designated backup to ensure continued efficiency and profitability in the F&I manager's absence.
• Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
• Maintains a professional appearance.
• Maintains a clean and professional work environment.

 

SUPERVISORY RESPONSIBILITIES

• Carries out supervisory responsibilities in accordance with Mirak’s policies and applicable laws. Responsibilities may include training employees: Directing work and addressing complaints and resolving problems.

 

QUALIFICATIONS

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Benefits

• Medical, Dental, Vision Insurance
• Life Insurance
• 401k
• Paid Vacation/Holidays
• Paid Sick
• Paid Training & mentorship
• Employee discounts on products & services
• Product bonus
• INDUSTRY LEADING PAYPLAN!

EDUCATION and/or EXPERIENCE

• Two to four years related experience and/or training; or equivalent combination of education and experience.

We are an equal opportunity employer and prohibit discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.