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Cornerstone Automotive · 15 hours ago

Finance Manager

Cornerstone Ford/Chrysler - Elk River, MN 55330

Full-time

Onsite

Entry, Mid Level

$112K/yr - $204K/yr

1+ years exp

Cornerstone Automotive is a family-owned business that has experienced continuous growth for over fifty years. They are seeking a Finance Manager to foster meaningful connections with customers and employees while managing financing options and ensuring compliance with regulations.

Automotive

Growth Opportunities

Responsibilities

Presents financing options, credit life, accident, and health insurance to customers

Protect the dealership’s interest by following local, state and federal regulations, including verifying and protecting customer identity

Fully disclose details of sales and F&I products making sure the customer understands their terms

Provides customers with thorough explanation of optional aftermarket products and extended warranties

Manages CIT (Contracts in Transit) daily to assure prompt funding

E-contracting to be used with banks available to accelerate funding time

Manage/control (protect) license plate and tab distribution

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 and see that business is conducted in an ethical and professional manner

Processes all federal, state, and dealer paperwork related to vehicle transaction

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

Manages the alternative finance source program to ensure that several sources are available

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

Get involved as early as possible in the sales transaction

Meet the customer at the sales associate’s desk

Take or review all credit applications prior to submitting to lenders

Verifies all funds are collected as well as the title and lien releases are secured, or a payment is collected to obtain them

Qualification

Finance managementCredit analysisInsurance licensingE-contractingCustomer serviceProfessionalismCommunicationTeamwork

Required

Bachelor's degree (B.A.) or equivalent from four-year College or university; or one to two years related experience and/or training; or equivalent combination of education and work experience

Current, valid Drivers License with driving record that meets insurance company standards

Willing to submit and the ability to pass a pre-employment background check and drug screen

Excellent communications skills, both verbal and written

Good working relations with customers by providing courteous, efficient and professional service

Ability to lift 25lbs

Ability to have a flexible schedule (evenings and Saturdays)