Murgado Automotive Group · 3 months ago
Acura Finance Manager
Highland Park, IL
Full-time
Onsite
Mid Level
$100K/yr - $200K/yr
3+ years expMurgado Automotive Group is one of the best automotive groups in the country, emphasizing a supportive and growth-oriented workplace. The Finance Manager plays a crucial role in facilitating the sale of finance, insurance, and warranty products, while ensuring compliance with all relevant regulations and maintaining strong relationships with finance sources.
AutomotiveTransportation
No H1B
Responsibilities
Protects gross profit by arranging financing so outside sources do not have an impact on selling margins
Establishes lender relations that tie the customer closer to the dealership
Generates additional income through the sales of vehicle service contracts, GAP coverage, and maintenance plans
Works with Client Advisors to maintain control of all paperwork until it is ready to be turned into the general office
Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information
Converts cash deals to finance
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
Understands how to process all federal, state, and dealer paperwork related to vehicle transactions
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
Observes and learns how to check 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 explanations of manufacturer and dealership service procedures and policies
Gets exposure to managing the alternative finance source program to ensure that several sources are available
Assists with providing 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 and Client Advisors to secure a reasonable profit from every sale
Required to perform other duties as requested, directed, and assigned
Qualification
Required
High school diploma or general education degree (GED) required
Three or more years of related experience and/or training; or equivalent combination of education and experience
Acquires and maintains current state insurance license, completing continuing credit insurance education as needed
Conducts business in an ethical and professional manner
Understands how to process all federal, state, and dealer paperwork related to vehicle transactions
Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments
Company
Murgado Automotive Group
Murgado Automotive Group is one of America’s most exciting automotive groups, where you will find an extensive selection of Audi, Alfa Romeo, Bentley, BMW, Buick, Cadillac, Ferrari, GMC, Honda, Infiniti, Mazda, Mercedes-Benz Luxury Pre-Owned, Porsche, Volkswagen & a wide variety of Certified pre-owned vehicles.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Elizabeth Schoonover
Chief Financial Officer
Alex Andreus
Chief Operating Officer
Company data provided by crunchbase