F&i Manager

**Peninsula Ford Lincoln in Owen Sound** is seeking a strong leader to join the business office in the position of **F&I Manager**

**Job Title**: Finance Manager
**Department**: Sales
**Reports To**: General Manager
**Location**: Peninsula Ford Lincoln - Owen Sound
**Employment Type**: Full-Time

**Job Summary**:
As a Finance Manager at Peninsula Ford Lincoln, you will be responsible for overseeing all financial aspects of vehicle sales transactions. You will work closely with customers, lenders, and the sales team to secure financing options, ensure compliance with financial regulations, and maximize profitability. Your role is crucial in helping customers find the best financing options while also protecting the dealership's financial interests.

**Key Responsibilities**:

- **Customer Interaction**: Meet with customers to discuss financing options, explain terms and conditions, and assist them in completing necessary paperwork.
- **Compliance**: Ensure that all finance and insurance (F&I) transactions comply with OMVIC standards and federal guidelines. Stay updated on changes in financing regulations and practices.
- **Sales Support**: Collaborate with the sales team to structure deals that optimize profitability while meeting customer needs. Assist in closing vehicle sales by providing attractive financing options.
- **Reporting**: Prepare and analyze daily, weekly, and monthly reports on F&I performance, including profit margins, penetration rates, and loan approvals. Present findings to senior management and suggest improvements.
- **Contract Signing**: Prepare paperwork, contracts and deliver deals.
- **Product Sales**: Promote and sell finance-related products such as extended warranties, gap insurance, and vehicle protection plans.
- **Funding**: Guarantee the expeditious funding of all contracts.
- **Customer Satisfaction**: Ensure a high level of customer satisfaction by providing clear, transparent, and ethical service. Address any concerns or issues promptly and professionally.
- **Training**: Provide ongoing training to the sales team on finance-related topics, including how to present financing options and products to customers.
- **Dealership Relationships**: Maintain strong relationships with lenders and other financial partners to ensure a wide range of financing options for customers.
- **Risk Management**: Assess the risk associated with financing deals and take appropriate measures to mitigate potential losses for the dealership.

**Qualifications**:

- **Education**: Bachelor’s degree in Finance, Business Administration, or a related field is preffered.
- **Experience**: Minimum of 3-5 years of experience in automotive finance or a similar role, with a strong understanding of vehicle sales and finance processes.
- **OMVIC**:

- **Skills**:

- Strong financial acumen and understanding of lending practices
- Excellent communication and negotiation skills
- Proficient in finance-related software and dealership management systems (e.g., Route One, PBS )
- Ability to analyze financial data and reports
- High level of integrity and ethical standards
- Strong customer service orientation
- Ability to work under pressure and handle multiple tasks simultaneously

**Working Conditions**:

- **Schedule**: Full-time position.
- **Environment**: Primarily in-office setting within the dealership, with frequent interactions with customers, sales staff, and financial institutions.

**Benefits**:

- Commission based pay structure with tiered bonus
- Drug, Dental and Extended Health Benefits
- Employee Recognition and Events
- Goodlife Membership Discounted Corporate Rate
- Employee vehicle purchase and service discounts

**How to Apply**:
**Additional Information**:
We do thank all applicants in advance, but only those selected for an interview will be contacted. Thank you for your interest