Finance Manager

New Motors
  • Erie, Pennsylvania
    30+ days ago

    Job Description

    Finance Manager (F&I) – New & Used Car Dealership New Motors | Erie, PA | Full-time

    ABOUT US: New Motors has been serving Erie's automotive needs since 1971 and currently offers new BMW, Volkswagen, and Subaru vehicles as well as quality pre-owned. We're looking for a driven, detail-oriented Business Manager to join our team in the finance office.

    ABOUT THE ROLE As our Business Manager, you'll work directly with customers after they've selected a vehicle to finalize the deal. You'll arrange financing, present and sell products, and complete all the paperwork accurately and in compliance with state and federal regulations. This is a high-impact role that blends sales skill with attention to detail — your work protects both the customer and the dealership.

    KEY RESPONSIBILITIES

    • Present financing and leasing options to customers and secure loan approvals through our lender network
    • Present and sell products including extended service contracts, GAP coverage, and vehicle protection plans
    • Structure deals to maximize profitability while ensuring customers understand and are comfortable with every option
    • Submit and follow up on credit applications, negotiate rates and terms with lenders, and obtain funding
    • Accurately complete all required paperwork: purchase contracts, financing documents, title and registration paperwork, and disclosures
    • Ensure every deal complies with applicable state and federal regulations (Truth in Lending, OFAC, Red Flags, privacy laws, etc.)
    • Verify customer identity and information to prevent fraud
    • Maintain strong relationships with lenders and continually work to add new financing sources
    • Meet or exceed monthly goals for product penetration and per-vehicle revenue (PVR)
    • Coordinate with the sales team to ensure a smooth, timely handoff and a great customer experience
    • Keep accurate records and submit deals to accounting promptly and completely

    QUALIFICATIONS Required:

    • Previous automotive sales experience
    • Solid understanding of financing, lending, and dealership paperwork
    • Excellent communication and customer service skills
    • Strong attention to detail and ability to manage paperwork accurately under deadlines
    • Comfortable working in a goal-driven, commission-based environment
    • High school diploma or equivalent
    • Valid driver's license with a clean driving record

    Preferred:

    • 2+ years of automotive F&I experience
    • Established relationships with local and regional lenders
    • Familiarity with dealership software (e.g., CDK, Reynolds & Reynolds, Dealertrack, RouteOne)
    • F&I certification or completion of an F&I training program

    WHAT WE OFFER

    • Highly competitive pay plan
    • Monthly vehicle payment stipend
    • Health insurance with major employer match, plus dental and vision
    • 401(k) with company match
    • Paid time off and holidays
    • F&I training and certification support
    • Employee vehicle purchase discounts

    HOW TO APPLY Submit your resume or email apply@newmotors.com

    Numbers & Facts

    LocationErie, Pennsylvania

    Skills

    • Accountingunmatched
    • Automotive Salesunmatched
    • Communication Skillsunmatched
    • Customer Experienceunmatched
    • Customer Support/Serviceunmatched
    • Detail Orientedunmatched
    • Driver's Licenseunmatched
    • Exceeded Sales Goalunmatched
    • Federal Laws and Regulationsunmatched
    • Financeunmatched
    • Financial Managementunmatched
    • Health Insuranceunmatched
    • High School Diplomaunmatched
    • Loan Approvalunmatched
    • Loansunmatched
    • Profit & Lossunmatched
    • Record Keepingunmatched
    • Salesunmatched
    • Sales Presentationunmatched
    • State Laws and Regulationsunmatched
    • Time Managementunmatched
    • Training Programunmatched
    • Vendor/Supplier Selectionunmatched

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