Automotive F
7 days ago
Finance Director, Surrey, BC
Roles & Responsibilities
Reporting Structure
Reports directly to the General Manager (GM).
Leads a team of Product Advisors and Finance Managers.
Team Leadership
Manage and support Finance Managers.
Ensure the team meets performance standards and follows dealership values.
Provide coaching, training, and accountability.
Oversee all financing and insurance processes for vehicle purchases.
Work with lenders and underwriters to secure approvals.
Ensure all loan origination activities meet regulatory requirements.
Monitor accounts receivable and payable (CITs).
Ensure deals are funded accurately and on time.
Maintain healthy cash flow for the dealership.
Ensure compliance with all financial, tax, and accounting regulations.
Maintain accurate documentation and audit readiness.
Drive revenue growth and meet F&I performance targets.
Identify new sales opportunities and develop strategies.
Lead the team in executing process improvements and sales initiatives.
Customer Satisfaction Index (CSI): Measures customer experience with the finance department.
Finance Penetration Rate: Percentage of customers financing through the dealership.
Loan Approval Rate: Percentage of finance applications approved.
Average Finance Time: Time required to complete the full finance process.
Product Sales per Finance Contract: Average number of F&I products sold per deal.
Independent Contractor compensation—variable commission plan.
Finance Directors typically earn $100,000–$250,000 annually, based on targets.
Must register a Sole Proprietorship and obtain a GST number.
Responsible for managing and filing personal or corporate taxes.
Recommended to consult a tax professional at contract start.
You further acknowledge, and give consent, for the Recruiting Room to check your previous employers (to make a hiring decision), if you fail to provide references before the point of offer. We only ask questions that are "reasonably required," for our employers to assess the applicant's fitness for the job. We DO NOT contact current employers.
You further acknowledge, by applying for this position, you allow the Recruiting Room, and its agents, to contact you via SMS Messaging (texting), Facebook, Instagram, or any other forms of social networking.
FEE PROHIBITION
Section 12 of the Employment Agency Business Licensing Regulation prohibits an employment agency business operator from directly or indirectly demanding or collecting a fee, reward, or other compensation.
- from an individual who is seeking employment or from another person on that individual's behalf,
- from an individual who is seeking information respecting employers seeking employees or from another person on that individual's behalf,
- from an individual for securing or attempting to secure employment for the individual or providing the individual with information respecting any employer seeking employees or from another person on that individual's behalf, or
- from an individual for evaluating or testing the individual or arranging for the individual to be evaluated or tested, for skills or knowledge required for employment, where the individual or employment is in Alberta, or from another person on that individual's behalf.
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