BUSINESS MANAGER | Jackson's Toyota

  • Jackson's Toyota
  • Jackson's Toyota, Mapleview Drive West, Barrie, ON, Canada
  • Sep 17, 2020
Full time Customer Service Leasing Management Sales

Job Description

Jackson’s Toyota is proud to support the Barrie community for over 50 years. Along with our dedicated staff, the Jackson’s Family has achieved numerous awards in service, sales, and satisfaction. The key to our successes has been our team’s full commitment to our customer’s satisfaction. We are looking for a Finance and Insurance Manager to join our winning team!

Summary

The Financial Services Manager performs a number of vital functions to establish and maintain financial and management procedures for Jacksons Toyota including reviewing and confirming the agreed-upon sales figures, preparing salespeople to confer with customers about needed services or products, consulting with customers to determine their wants and needs and presenting products to fulfill them. Also, obtaining credit approval, and preparing delivery documentation. Throughout the process, the Financial Services Manager must practice strict legal compliance and ethical behavior. The financial services manager reviews the customer's credit application and discusses the available finance options to meet their needs then prepares the delivery documentation, including the preparation of the loan documents, licensing paperwork and other legal forms required by provincial and federal regulatory bodies. The Financial Services Manager is responsible for disclosing to the customer all aspects of the sale, including finance charges and interest rates. We are a Sym-Tech process store.

Job Duties

• Know and implement dealership policies and procedures. • Maintain a clean and organized office. • Communicate all problem deals to management immediately. • Address missing stipulations communicated from lender immediately. • Adhere to a standard of professional ethics and be respectful to customers. • Knowledgeable of provincial regulations/legislation • Interact with appropriate departments. • Structure deals in accordance with lender and dealership guidelines. • Never intentionally misrepresent a deal. • Book out deals accurately; never misrepresent equipment. • Perform credit interview, prepare credit application. • Verify accuracy of all material information on the credit application and submit to lender. • Maintain confidentiality of customer information. • Disclose financial information to customers. • Sell credit insurance and service contracts. • Maintain good lender relations. • Maintain a lender guide of programs currently in use and obtain a working knowledge of them. • Evaluate new lender programs. • Rehash deals with lenders. Work all deals diligently. • Maintain current inventory log and make recommendations to management. • Train administrative personnel how to assemble funding packages. • Review funding packages prior to mailing. • Design and place advertising for special finance. • Analyze credit reports, be able to recognize a conventional deal and turn over accordingly. • Properly cost special finance deals (prepare profit sheets). • Maintain dead files for inactive deals. • Prepare weekly and monthly reports as requested by management. • Provide and interpret financial information • Researching and reporting on factors influencing business performance. • Analyzing competitors and market trends • Developing financial management mechanisms that minimize financial risk; • Keeping abreast of changes in financial regulations and legislation. • Comply with required health and safety regulations • Performs other duties as required Requirements • 2-3 years’ experience in the automotive business. • Previous finance experience in the automotive industry an asset • Excellent understanding of sales, finance, and management. • Experience and working relationship with financial institutions • Proven record for performance with set goals. • Excellent Oral, Written & Listening skills • Judgment and Decision Making Skills ability to consider the relative costs and benefits of potential actions and choose the appropriate path • Identify measures of performance and actions needed to improve or correct performance • Well-spoken and have the ability to speak clearly and confidently in all business settings. • Ability to read, understand, and calculate banking figures such as; discounts, interest rates, percentages and commission etc. • The prioritization skills necessary to use time effectively and set action plans to achieve business targets.