Avis Budget Group F&I Manager in East Boston, Massachusetts
The Finance Manager role, reporting to the General Manager of the location, is responsible for the management of gross profit generation and coordination cash in transit. This position would require a thorough understanding of service and products offered and the ability to ensure payments from lending institutions are processed in a timely manner. Must have the ability to execute on all local and national compliance policies and laws. The ability to sell products and insurance services in a transparent environment is a must.
Essential Duties and Responsibilities
Maintains strong Finance Source Relationships
Responsible to have a firm understanding of products and services offered
Successfully obtains lender approvals through appropriate deal structure and strong negotiation skills
100% presentation of products utilizing Sales Menu
Successfully sells a full line of backend products achieving penetration and per copy targets
Minimizes chargebacks by ensuring customers understand product values and charging appropriate mark-up.
Customer signature of menu items purchased and declined is required in all deal jackets * Works with variable department management to maximize volume and gross
Provides back up to sales desk as needed
Completes all paperwork accurately and routes to ensure quick funding
Reviews all deals for accuracy i.e. finance reserve, taxes, registration fees etc.
Ensures all 100% adherence to all compliance policies and laws (Red Flag, Risk Based Disclosure Notices, Adverse Action Notices , FTC Safeguard Rules)
Assists in mentoring and training Sales Team
Determine customer financing needs and payment options based on a consultative interview process
Present a fully transparent pricing menu to customers detailing their financing options and products
The F&I Manager has a responsibility to log in sales income. Verify insurance with customers, agents, obtain deposits, verify trade payoffs
Set and achieve targeted sales goals
Supervisory Responsibilities: None
Required Knowledge, Skills and Abilities
Bachelor’s Degree in Finance, Accounting, or a related discipline is strongly preferred
Strong knowledge of Microsoft Office Suite, MS Project
At least 7 years of experience in a finance function
Disclaimer: The information listed in this advertisement describes the general nature and level of this position only. Essential functions and responsibilities may change as business needs require. Your response to this ad may result in your being considered for employment with an affiliated company of Avis Budget Group, the publicly traded parent company of Avis Budget Car Rental, LLC and its subsidiaries.
This advertisement does not constitute a promise or guarantee of employment
Avis Budget is an EO employer – Veterans/Disabled and all other protected categories
Travel Requirements: Some travel is required