F&I Manager

Avis Budget Group - Victorville, CA

Full-time
Job Summary

The Finance Manager role, reporting to the General Manager of the location, is responsible for the management of gross profit generation and coordination cash in transit. This position would require a thorough understanding of service and products offered and the ability to ensure payments from lending institutions are processed in a timely manner. Must have the ability to execute on all local and national compliance policies and laws. The ability to sell products and insurance services in a transparent environment is a must.

Essential Duties and Responsibilities

Maintains strong Finance Source Relationships

Responsible to have a firm understanding of products and services offered

Successfully obtains lender approvals through appropriate deal structure and strong negotiation skills

100% presentation of products utilizing Sales Menu

Successfully sells a full line of backend products achieving penetration and per copy targets

Minimizes chargebacks by ensuring customers understand product values and charging appropriate mark-up.

Customer signature of menu items purchased and declined is required in all deal jackets * Works with variable department management to maximize volume and gross

Provides back up to sales desk as needed

Completes all paperwork accurately and routes to ensure quick funding

Reviews all deals for accuracy i.e. finance reserve, taxes, registration fees etc.

Ensures all 100% adherence to all compliance policies and laws (Red Flag, Risk Based Disclosure Notices, Adverse Action Notices , FTC Safeguard Rules)

Assists in mentoring and training Sales Team

Determine customer financing needs and payment options based on a consultative interview process

Present a fully transparent pricing menu to customers detailing their financing options and products

The F&I Manager has a responsibility to log in sales income. Verify insurance with customers, agents, obtain deposits, verify trade payoffs

Set and achieve targeted sales goals

Required Experience

Supervisory Responsibilities: None

Required Knowledge, Skills and Abilities

Bachelor’s Degree in Finance, Accounting, or a related discipline is strongly preferred

Strong knowledge of Microsoft Office Suite, MS Project

At least 7 years of experience in a finance function

A valid driver's license is required for all positions.

The fine print:
Avis Budget Group is an equal opportunity employer – M/F/Veterans/Disabled.

This advertisement does not constitute a promise or guarantee of employment. This advertisement describes the general nature and level of this position only. Essential functions and responsibilities may change as business needs require. This position may be with any affiliate of Avis Budget Group.