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Automotive Finance Director

Company: MileOne Autogroup
Location: Baltimore
Posted on: January 23, 2025

Job Description:

Automotive Finance DirectorHeritage Toyota in Owings Mills is looking to add an experienced top-producing Automotive Finance Director to join their elite Finance & Insurance team.Experience Everything MileOne has to Offer:- $100,000.00 - $300,000.00 + unlimited commission earning potential (F&I Manager Salary Range)- Great opportunities for advancement- Positive, success-driven work environment- State-of-the-art CRM, Inventory management & Internet resources- Large dealership inventoriesOur MileOne Employee Advantage:MileOne believes that caring for our employees is the most important step in creating a positive workplace and a successful company. MileOne offers several exclusive benefits and programs that are designed to help our employees and their families succeed both at home and in the workplace. This includes health and financial benefits, training and mentoring, an Employee Purchase Program, the MileOne Support Fund, the NextMile Scholarship Program, an Employee Assistance Program, and more.Summary:Our Finance Director will manage the finance process across our dealership by delivering an exceptional customer experience as well as overseeing the Finance Managers.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 aggressive marketing plans 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.
  • Manage the alternative finance source program to ensure that several sources are available.
  • 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.Qualifications:- Demonstrated leadership skills: coaching, motivating, and teambuilding- Effective customer service skills- Self-motivated, highly organized, good problem solver- Strong 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.Salary Range:$100,000.00 - $300,000.00 + unlimited potentialAbout UsMileOne Autogroup represents 25 automobile brands at 67 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 Delaware, 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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Keywords: MileOne Autogroup, Bel Air South , Automotive Finance Director, Accounting, Auditing , Baltimore, Maryland

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