Director of Finance & Variable Operations - Ciocca Automotive jobs in United States
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Ciocca Automotive Western Division · 17 hours ago

Director of Finance & Variable Operations - Ciocca Automotive

Ciocca Automotive Western Division is seeking a Division Director of Finance and Variable Operations, a leadership role focused on enhancing financial and variable services within dealerships. The role involves collaborating with various teams to optimize production, ensure compliance, and foster a culture of excellence through strategic initiatives and training.

Automotive

Responsibilities

Assist in the install of consistent and compliant desking and sales process to maximize both sales effectiveness and overall profitability
Develop and execute strategic plans to optimize F&I production within dealerships, including monthly halftime calls with variable managers to review production and identify opportunities
Lead monthly F&I Performance Workshops
Establish action plans to increase F&I production, addressing areas of improvement and implementing best practices
Rehash unsold deals, rehash lender declined deals, participate in save-a-deal meetings
Conduct one-on-one training sessions with finance managers to enhance production and ensure consistent adherence to processes
Observe live in-store transactions to identify areas of opportunities on a monthly basis
Provide training and coaching to sales teams on effectively positioning F&I products, enhancing customer satisfaction (CSI), and driving sales volume
Implement strategies to 'plant seeds' for F&I during the sales process, fostering a proactive approach to finance offerings
Publish scorecards with individual, dealership, and regional production metrics, providing transparency and accountability
Work in tandem with RVP/GMs to track and achieve manufacturer sales objectives
Track and communicate deficiencies to RVP’s and GM’s to achieve variable performance standards, providing guidance and support to achieve targets
Monitor and manage F&I Contract schedules, including but not limited to: Insurance company contracts and payables, customer receivables, contracts in transit, and chargebacks
Work in-dealership as needed to provide coverage, including processing transactions for customers (may occasionally require evening or Saturday hours if shorthanded)
Identify and cultivate talent within dealerships for promotion to F&I positions and sales management positions, assisting in the interviewing and hiring process for candidates
Meet with lenders as needed to stay abreast of bank advantages, reserve programs, and flat programs, ensuring dealerships capitalize on available opportunities
Collaborate with the GM’s, RVP’s and Director of Compliance to ensure alignment between finance initiatives and regulatory requirements
Recap visits with General Managers in person, providing feedback, insights, and actionable recommendations to drive continuous improvement
Contact report provided to President and SVP
Monthly deal audits to ensure compliance across all stores and departments

Qualification

Dealership finance knowledgeF&I production optimizationTitle laws knowledgeTrainingCoachingCommunication skills

Required

College degree preferred or equivalent experience
Knowledge of dealership finance and insurance procedures
Well-versed in title laws and registration process
Valid driver's license and clean driving record

Benefits

PTO and holidays
401(K) retirement plan with company matching
The top insurance program in the industry including medical, dental, prescription and vision
Advancement within the Ciocca Automotive Family
Employee discounts

Company

Ciocca Automotive Western Division

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Welcome to Ciocca Automotive Western Division! As part of the Ciocca family, we strive to deliver top-notch automotive solutions and create lasting relationships within our community.

Funding

Current Stage
Late Stage
Company data provided by crunchbase