MileOne Autogroup
F&I Director-Heritage Toyota of Owings Mills
MileOne Autogroup, Baltimore, Maryland, United States, 21276
F&I Director - Heritage Toyota of Owings Mills
Heritage Toyota Owings Mills is hiring a top producing Finance Director for our elite Finance & Insurance (F&I) team.Experience Everything MileOne has to Offer:Compensation up to $300,000 and higher with unlimited bonus potential!Tenured relationships with local and national lending institutionsPositive, success-driven work environmentGreat opportunities for career advancementOur MileOne Employee Advantage:MileOne believes that taking care of our employees is the most important step in creating a positive workplace and a successful company. MileOne offers a number of exclusive benefits and programs that are designed to help our employees and their families succeed both at home and in the workplace. MileOne Employee Advantage includes health and financial benefits and training and mentoring. We also offer an Employee Purchase Program, the MileOne Support Fund: by Employees, for Employees, the NextMile Scholarship Program, an Employee Assistance Program, and more.Summary:
As a Director of Finance and Insurance, you will lead a team of Business Managers in producing additional revenue for the dealership by selling finance and products. As a director, you will hold your team accountable to follow the MileOne F&I process with 100% of our clients and be in charge of the daily training for the sales & finance team. Partner with leadership and manufacturers in driving new training programs for our Business Managers, ensuring the best programs for our employees and service to our customers.Essential Duties:
Forecast goals and objectives for the department and strive to meet them.Hire, train, motivate and monitor the performance of all employees.Prepare and administer an annual operating budget.Implement an aggressive marketing plan to increase F&I business.Monitor daily, weekly and/or monthly productivity and sales reports.Establish and maintain good working relationships with various finance sources.Seek new lending institutions to secure competitive interest rates and finance programs.Coordinate finance forecasting with sales department forecasting to achieve desired levels of penetration and income.Understand and comply with federal, state, and local regulations that affect the new and used vehicle and finance departments.Manage the alternative finance source program to ensure that several sources are available.Provide sales force and sales managers with current information about finance and lease programs continually.Train the sales staff regarding the benefits of financing, insurance, and extended service programs.Work closely with Sales Managers to establish Sales Department goals and objectives and ensure that they are achieved.Prepare reports for senior management on finance penetration.Set up and maintain a program that will ensure 100 percent turnover to the F&I department.Ensure collection of all finance and insurance fees.Spot check paperwork for the correct title, lien information, taxes, etc., before forwarding it to accounting.Acquire and maintain current state insurance license, completing continuing credit insurance education as needed.Qualifications:
5 years of experience in auto financing and insuranceReynolds & Reynolds (IGNITE), RouteOne, eLeads experience preferredBasic MS Office knowledge; computer software, internet proficiency, and general mathematic skillsDemonstrated leadership skills: coaching, motivating, teambuildingEffective customer service skillsSelf-motivated, highly organized, good problem solverStrong influencing, negotiating, and communication skillsMileOne Autogroup is an equal opportunity employer, and we maintain a drug-free work environment.By applying for this job, you agree to receive email communication, as well as telephone and/or SMS text communications using an autodialer or otherwise, at the number you have provided. Message and data rates may apply; text STOP to opt-out after receiving text communications.About Us
MileOne Autogroup represents 24 automobile brands at 65 dealerships and 8 body shops within the Hall, Heritage, Herb Gordon, Mercedes-Benz of Annapolis and MotorWorld divisions. We are the largest automotive sales and service network in the Mid-Atlantic region with the corporate office in Towson, Maryland and dealerships located throughout Maryland, Pennsylvania, Virginia and North Carolina.We believe taking care of our employees is the most important step in creating a positive workplace and a successful company. MileOne is dedicated to meeting the needs of our employees and then exceeding them by providing opportunities for career growth, outstanding benefits, competitive salaries and a culture designed to allow you to be your best. We are always seeking talented and motivated individuals who want to begin an exciting and rewarding career in a growing company.
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Heritage Toyota Owings Mills is hiring a top producing Finance Director for our elite Finance & Insurance (F&I) team.Experience Everything MileOne has to Offer:Compensation up to $300,000 and higher with unlimited bonus potential!Tenured relationships with local and national lending institutionsPositive, success-driven work environmentGreat opportunities for career advancementOur MileOne Employee Advantage:MileOne believes that taking care of our employees is the most important step in creating a positive workplace and a successful company. MileOne offers a number of exclusive benefits and programs that are designed to help our employees and their families succeed both at home and in the workplace. MileOne Employee Advantage includes health and financial benefits and training and mentoring. We also offer an Employee Purchase Program, the MileOne Support Fund: by Employees, for Employees, the NextMile Scholarship Program, an Employee Assistance Program, and more.Summary:
As a Director of Finance and Insurance, you will lead a team of Business Managers in producing additional revenue for the dealership by selling finance and products. As a director, you will hold your team accountable to follow the MileOne F&I process with 100% of our clients and be in charge of the daily training for the sales & finance team. Partner with leadership and manufacturers in driving new training programs for our Business Managers, ensuring the best programs for our employees and service to our customers.Essential Duties:
Forecast goals and objectives for the department and strive to meet them.Hire, train, motivate and monitor the performance of all employees.Prepare and administer an annual operating budget.Implement an aggressive marketing plan to increase F&I business.Monitor daily, weekly and/or monthly productivity and sales reports.Establish and maintain good working relationships with various finance sources.Seek new lending institutions to secure competitive interest rates and finance programs.Coordinate finance forecasting with sales department forecasting to achieve desired levels of penetration and income.Understand and comply with federal, state, and local regulations that affect the new and used vehicle and finance departments.Manage the alternative finance source program to ensure that several sources are available.Provide sales force and sales managers with current information about finance and lease programs continually.Train the sales staff regarding the benefits of financing, insurance, and extended service programs.Work closely with Sales Managers to establish Sales Department goals and objectives and ensure that they are achieved.Prepare reports for senior management on finance penetration.Set up and maintain a program that will ensure 100 percent turnover to the F&I department.Ensure collection of all finance and insurance fees.Spot check paperwork for the correct title, lien information, taxes, etc., before forwarding it to accounting.Acquire and maintain current state insurance license, completing continuing credit insurance education as needed.Qualifications:
5 years of experience in auto financing and insuranceReynolds & Reynolds (IGNITE), RouteOne, eLeads experience preferredBasic MS Office knowledge; computer software, internet proficiency, and general mathematic skillsDemonstrated leadership skills: coaching, motivating, teambuildingEffective customer service skillsSelf-motivated, highly organized, good problem solverStrong influencing, negotiating, and communication skillsMileOne Autogroup is an equal opportunity employer, and we maintain a drug-free work environment.By applying for this job, you agree to receive email communication, as well as telephone and/or SMS text communications using an autodialer or otherwise, at the number you have provided. Message and data rates may apply; text STOP to opt-out after receiving text communications.About Us
MileOne Autogroup represents 24 automobile brands at 65 dealerships and 8 body shops within the Hall, Heritage, Herb Gordon, Mercedes-Benz of Annapolis and MotorWorld divisions. We are the largest automotive sales and service network in the Mid-Atlantic region with the corporate office in Towson, Maryland and dealerships located throughout Maryland, Pennsylvania, Virginia and North Carolina.We believe taking care of our employees is the most important step in creating a positive workplace and a successful company. MileOne is dedicated to meeting the needs of our employees and then exceeding them by providing opportunities for career growth, outstanding benefits, competitive salaries and a culture designed to allow you to be your best. We are always seeking talented and motivated individuals who want to begin an exciting and rewarding career in a growing company.
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