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Finance Manager

Description

  

Performance Toyota Fairfield seeks an Experienced Finance Manager to elevate our high-volume operations. We proudly offer an environment where our Finance Managers can focus on closing deals without the burden of income worries. Join us and experience the difference! If you are interested in this position, please apply now and email Jeff Barrios, our Finance Director, at jbarrios@performanceautomotive.com to express your interest. 


As the Finance Manager, you will facilitate financing, insurance, and automotive finance programs for new and used car buyers. You will collaborate with lenders to offer fair interest rates based on Automotive Finance Program Guides while maintaining high ethical standards.

  • Earning Potential:
  • $180,000.00 - $300,000.00+ Annually

At Performance Toyota Fairfield, we offer a dynamic team culture that promotes career growth and responsibility under dedicated leadership. Join us at our convenient Rt-4 location, just off I-275 outside of Cincinnati, and thrive in an environment that values your contributions!


Available Employee Benefits:

· Ultra-Competitive Pay Plan

· Paid Vacation

· 401k Retirement Plan With Generous Company Match!

· Medical Insurance

· HSA or FSA plans

· Dental care 

· Vision coverage

· Short- and long-term disability 

· Life insurance 

· Generous employee discounts on vehicles, parts, and services

Requirements

  

Responsibilities:

  • Present finance, insurance, and other product options to customers with a proper menu presentation at the time of sale.
  • Adhere to all local and national regulations while working with Sales Managers to ensure maximum profit, per vehicle delivery.
  • Maintain F&I compliance in accordance to federal, state and local jurisdiction rules and regulations.
  • Execute all finance/title paperwork with customers.
  • 100% eContract utilization with all available lenders.
  • Work with lenders to obtain approvals on the same day the customer signs the vehicle contract.
  • Work with lenders, processors and customers to ensure every deal is funded within 3-5 business days from point of sale.
  • Prepare and send every file to corporate office within 3 business days.
  • Correct any finance or title paperwork as needed in a timely manner.
  • Provide desk support when needed and work with management team.
  • Receive and process all forms of payment and prepare daily finance deposits at the start of each day.
  • Follow up with customer’s questions and/or concerns.
  • Analyze individual chargebacks to ensure accuracy.
  • Train sales staff on new programs, products and procedures as needed.
  • Maintain necessary finance forms and materials.
  • Work with Service Advisors to address customer inquiries regarding warranty and service contracts.


Qualifications: 

  • Strong communication skills for assisting customers, and while working with fellow employees and finance and insurance vendors and lenders.
  • Excellent organizational skills.
  • Detail oriented.
  • Professional appearance and strong work ethic.
  • Self-motivated and good time-management skills.
  • Possess a valid driver's license and good driving record.
  • 2 -yr minimum Automotive experience required
  • Possess a drives license with a driving record allowing you to drive customer and company vehicles.
  • Performance Toyota Fairfield is a drug-free workplace

Average salary estimate

$240000 / YEARLY (est.)
min
max
$180000K
$300000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Manager, Performance Toyota Fairfield

At Performance Toyota Fairfield, we are excited to announce an opening for an Experienced Finance Manager! Nestled in the vibrant setting of Fairfield, Ohio, we're dedicated to elevating high-volume operations while creating a supportive environment for our Finance Managers. In this key role, you'll be the linchpin facilitating financing, insurance, and automotive finance programs for both new and used car buyers. We know the importance of focusing on closing deals without the stress over income concerns, which is why we provide a dynamic team culture with ample opportunities for career growth. Collaborating with lenders to secure fair interest rates, you'll embody high ethical standards while ensuring compliance with all regulations. The earning potential for this position is enticing, sitting comfortably between $180,000.00 and $300,000.00+ annually! Join us at our convenient Rt-4 location, just off I-275 outside of Cincinnati, where your valuable contributions will be respected and appreciated. Not only do we offer competitive pay, but our employee benefits are also noteworthy, including a robust 401k retirement plan, medical and dental insurance, paid vacations, and even vehicle discounts. If you're ready to take the next step in your career, we invite you to apply now and reach out to our Finance Director, Jeff Barrios, at jbarrios@performanceautomotive.com to express your interest.

Frequently Asked Questions (FAQs) for Finance Manager Role at Performance Toyota Fairfield
What are the key responsibilities of a Finance Manager at Performance Toyota Fairfield?

As a Finance Manager at Performance Toyota Fairfield, your primary responsibilities include facilitating financing, presenting finance and insurance options to customers, maintaining F&I compliance, processing finance paperwork, and collaborating with lenders to ensure efficient approvals. You will also analyze individual chargebacks and train sales staff on new products and procedures, ensuring both customer satisfaction and profitability.

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What qualifications do I need to apply for the Finance Manager position at Performance Toyota Fairfield?

To qualify for the Finance Manager position at Performance Toyota Fairfield, candidates must possess a minimum of two years of automotive experience. Strong communication and organizational skills are essential, along with a professional appearance and ethics. Additionally, a valid driver's license and a good driving record are required, alongside the ability to manage time effectively.

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What is the earning potential for a Finance Manager at Performance Toyota Fairfield?

The earning potential for a Finance Manager at Performance Toyota Fairfield is substantial, ranging from $180,000.00 to over $300,000.00 annually. This competitive pay structure allows you to thrive in your role without worrying about financial instability, encouraging a focus on closing deals and customer satisfaction.

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What employee benefits does Performance Toyota Fairfield offer to Finance Managers?

Performance Toyota Fairfield offers a comprehensive benefits package for Finance Managers, including an ultra-competitive pay plan, paid vacation, a generous 401k retirement plan with company matching, medical, dental, and vision insurance, short- and long-term disability plans, life insurance, and significant discounts on vehicles, parts, and services.

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How does Performance Toyota Fairfield ensure compliance for their Finance Manager roles?

At Performance Toyota Fairfield, compliance is critical. Finance Managers must adhere to all federal, state, and local regulations while working diligently to maintain F&I compliance. This includes executing finance and title paperwork accurately and on time, verifying that every finance deal aligns with regulatory standards, and staying current on industry best practices.

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Common Interview Questions for Finance Manager
Can you describe your experience with automotive financing?

When answering this question, highlight your relevant experiences, such as your familiarity with financing products and lenders. Provide specific examples of deals you've closed and how your actions improved customer satisfaction and revenue, showcasing your comprehensive understanding of automotive financing.

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How do you handle compliance issues in finance?

Illustrate your approach to compliance by discussing procedures you've implemented, training you've participated in, or ways you've ensured adherence to regulations. Emphasize your meticulous attention to detail and your commitment to maintaining ethical standards within your role.

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What strategies do you use to secure financing for customers?

Detail the methods you utilize to work with lenders and negotiate favorable terms for customers. Discuss how you tailor your approach based on customer needs while ensuring that financing options adhere to company policies and maintain profitability.

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How do you train sales staff on finance products?

Explain your training philosophy and techniques, emphasizing any materials you've developed or seminars you've led. Share your experience in improving the team's understanding of finance products and how this positively impacted sales performance.

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What techniques do you employ to improve customer satisfaction in the finance process?

Talk about your focus on clear communication, transparency, and prompt follow-ups. Highlight how you address customer concerns and ensure they are well-informed throughout the financing process, ultimately leading to higher satisfaction rates.

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How do you manage time effectively in high-pressure situations?

Discuss your time management strategies, such as prioritizing tasks, delegating responsibilities, and utilizing organizational tools. Provide an example of a high-pressure situation where your skills helped avert challenges and maintain workflow.

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What experience do you have with eContracts and electronic communication?

Detail your experience with eContract systems and how they have streamlined your finance processes. Share any training you've provided to others on the technology to demonstrate your capability in adapting to modern business practices.

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Could you describe a time you resolved a conflict with a lender or customer?

Provide a specific example where you effectively resolved a disagreement by maintaining professionalism and focusing on solutions. Discuss the outcome and what you learned from the experience to highlight your negotiation and interpersonal skills.

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What do you believe is the most crucial aspect of the Finance Manager role?

Reflect on your understanding of the role's key elements, such as compliance, customer relations, and profit maximization. Share how your strengths align with these attributes and how you will contribute to the ongoing success of Performance Toyota Fairfield.

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How do you ensure accuracy in finance paperwork?

Explain your systematic approach to double-checking paperwork, using checklists, and leveraging technology for accuracy. Describe your high attention to detail and how it minimizes errors in the finance process.

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DATE POSTED
April 3, 2025

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