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F&I Manager

Company: LHM Dealerships
Location: Draper
Posted on: May 23, 2023

Job Description:

Join a Winning Team at Larry H. Miller Automotive Group

If you're looking for an opportunity to be appreciated and involved in your career, your search is complete. We have a great history of providing excellent career opportunities for individuals who want to grow within the company.

Follow Larry H. Miller Dealerships on Facebook and LinkedIn to learn more about us and current open positions.


We offer you and your family members a comprehensive benefits package including medical, vision, prescription drugs, dental, life and disability insurance, and a 401(k)-retirement plan.

Health Care
Paid Time off
Paid Holidays
401(k) Plan
Dental Care
Disability Insurance
Life Insurance
Flexible Spending Account
Employee Assistance Program
Employee Discounts
Wellness Program

Larry H. Miller Dealerships' Job Description
Finance Manager
Primary Responsibilities:
The Finance Manager is expected to:
Ensure all finance and insurance products are ethically represented to all customers to achieve group sales and profitability objectives while meeting group customer service benchmarks.
Process retail transactions that produce additional revenue for the Dealership through the sales of approved finance and insurance products.
Seek ways to continuously exceed employee, customer, and market expectations through business operations and efficiencies.
Be a teacher to support the efforts of other employees to be successful.
Reports to: General Manager/Finance Director
Essential Job Functions:
1. Maximize Production, Customer Service, and Profitability.
--- Achieve or exceed group standards such as sales production, gross profit, and applicable production benchmarks which result in profitability and customer service satisfaction.
--- Ensure the utilization of the compliance checklist on every transaction to ensure compliance.
--- Acquire proper insurance licenses where applicable, and maintain current insurance knowledge to sell, support the efforts of the Finance Managers and achieve reasonable profit and customer satisfaction.
--- Have knowledge of all lender programs and maintain an excellent working relationship with all lending sources.
--- Monitor daily heat sheet, contracts in transit, and performance reports
--- Attend and participate in daily DPR meetings
--- Assist sales managers with deal structure and take sales turns when necessary
--- Responsible for individual performance levels, if applicable, and F&I department level of performance.
--- Ensure the presentation of the Group's menu to each customer to promote sales and value.
--- Assist General Manager, General Sales Manager, and/or Finance Director to handle all complaints settling disputes and resolving grievances and conflicts, or otherwise negotiate with employees, customers, and vendors within Larry H. Miller Dealerships' guidelines.
--- Complete and maintain all Larry H. Miller Dealerships and applicable Factory required training.
--- Maintain employee, customer, and vendor confidence and protect operations by utilizing discretion when handling sensitive and confidential information.
--- Maintain ability to handle job stress and effective interaction with others in the workplace.
--- Perform all other job duties as requested by management.
2. Develop Employees.
--- Ensure timely and effective management of dealership personnel to foster a progressive culture, which nurtures learning and the ability to succeed.
--- Conform and educate employees on job expectations, all applicable and current company procedures, and policies, and federal, state, and local regulations affecting operations.
--- Be the example of a team player through good attitude, professionalism, and employee recognition to maintain positive employee morale, while building rapport with other personnel in other departments.
3. Personal Development and Integrity.
--- Demand the highest ethical standards from self and others.
o Maintain composure within the workplace as well as outside the workplace when interacting or representing the Larry H. Miller Dealerships.
--- Educate self, communicate and teach others about current finance rates, financial regulations, and compliance standards.
--- Attend and participate in all F&I conference calls, DPR meetings and Group sponged meetings which enhance personal and career development.
--- Set an example of a positive attitude and professionalism, including a neat, orderly, and safe work environment.
Physical Demands:
--- Work performed in a dealership setting due to the necessity to work in person with employees, customers, and vendors.
--- Must be able to sit, stand, bend, reach, talk, hear, use hands and fingers and move about facilities.
--- Required vision includes close vision, distance vision, peripheral vision, and the ability to adjust focus.
--- While performing the duties of the job, the employee is exposed to weather conditions precedent at that time.
--- Required to lift up to a minimum of 10lbs.
--- Required to operate equipment and move vehicles in a safe manner at all times.
--- Regular attendance and timeliness as set forth within the work schedule designated by the department supervisor/manager is required.
--- Regularly required to work various hours and frequently 40+ hours per week.
Minimum Qualifications:
Education, Experience, and Certification(s)/Training.
--- High school diploma or the equivalent.
--- 1+ years of automotive finance experience.
--- Maintain valid driver's license and MVR record within company policy requirements.
--- Applicable state licenses to sell insurance products.
1. Skills.
--- Communication- Basic ability to read and write, ability to effectively convey information to others, apply active listening by taking the time to understand the points being made by employees and customers, being aware of others' reactions, and understanding why they react as they do.
--- Critical thinking- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
--- Information Ordering- The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
--- Resolving conflicts and negotiating with others- The ability to handle complaints, settle disputes, resolve grievances and conflicts, or otherwise negotiating with others.
2. Knowledge.
--- Interacting with Computers- Using computers and computer systems. Knowledge of Microsoft Office products is required.
--- Knowledge of Larry H. Miller Dealerships' current company management systems desirable.
--- Administration and Management- Knowledge of business and management principles involved in strategic planning, resource allocation, human resource modeling, leadership technique, production methods, and coordination of people and resources.
--- Clerical- Administrative and clerical procedures and systems such as word processing, file and record management, and other office procedures and terminology.
--- English Language- Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
--- Customer and Personal Service- Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
--- Sales and Marketing- Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
General Standards:
To perform the job successfully, an individual should demonstrate the following competencies:
Adaptability- Ability to adapt to changes in the work environment, manages competing demands, and is able to deal with frequent change, delays, or unexpected events.
Selective Attention- Concentrate on a task over a period of time without being distracted.
Making Decisions and Solving Problems- Analyzing information and evaluating results to choose the best solution and solve problems.
Interpersonal Skills- Maintains confidentiality, remains open to others' ideas and exhibits willingness to try new things.
Management of Personnel Resources- Motivating, developing, and directing people as they work, identifying the best people for the job.
Leadership- Ethical leadership and followership behaviors that promote Larry H. Miller standards and result in a cohesive and effective team.
Compliance- Understanding of and adherence to all Company standards, state and federal laws and regulations as well as product pricing guidelines of all lenders, agencies or business partners.
Customer Service- Providing excellent customer service through the defined Larry H. Miller processes which promote efficiencies, fairness, and cost-effectiveness.
Ethics/Integrity- Represent the Larry H. Miller Dealerships by conducting yourself in a professional and courteous manner that demonstrates integrity and avoids actual or perceived conflicts of interest while complying with company standards and business ethics.
Oral Communication- Clearly identifying and professionally expressing issues in positive or negative situations.
Planning/Organizing- Prioritizing and planning work activities and using time effectively.
Quality- Demonstrating accuracy and thoroughness and monitoring your work to ensure quality.
Dependability- Consistent, punctual attendance at work; following instructions; responding to management direction and soliciting feedback to improve performance click apply for full job details

Keywords: LHM Dealerships, Draper , F&I Manager, Executive , Draper, Utah

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