F&I Managers - Cape Town

Our well known automotive vehicle dealer client based in Cape Town is looking to employ experienced F&I Managers for the following areas :

Milnerton, Cape Town CBD, Malmesbury

Job Description

Purpose

This is a key role that provides support to the dealership network by providing an efficient service to customers and the dealership through vehicle finance and the sale of approved products to maximise gross profit while ensuring that all training, fit & proper, honesty and integrity requirements of the Financial Service Board (FSB) are upheld.

Position Overview

Purpose

This is a key role that provides support to the dealership network by providing an efficient service to customers and the dealership through vehicle finance and the sale of approved products to maximise gross profit while ensuring that all training, fit & proper, honesty and integrity requirements of the Financial Service Board (FSB) are upheld.

Specific Role Responsibilities

Generic Job Outputs

Deliver on agreed performance targets according to budget & sales targets in a high-volume dealership.

Maximize second gross profit.

Execute work in line with governance and compliance processes. Ensure that dealership remains compliant in accordance with legislation requirements.

Recording and reporting on transactional activities to provide timely and accurate information for decision making in area of accountability.

Conduct financial needs analyses and provide associated sales of value-added finance and insurance products.

Manage and maintain the finance and insurance debtor’s book and effectively manage the applicable administration and other related processes.

Provide specialized need analysis & financial and insurance advice and support to clients

Provide operational support related to finance and insurance activities and initiatives to contribute to the overall growth and profitability of the dealership

Inform and educate customers on products to ensure retention of existing customers; Increase sales revenue and increase the organization’s customer base.

Consistently enhance own competence through knowledge development in subject matter and associated industry developments.

Customer service and sale management.

Knowledge of the NCA, CRA, FAIS, FICA.

Qualifications and Experience

Minimum Experience

Requirements : Grade 12

Minimum 3 years’ experience as an F&I Manager

Qualification :

FECT Retail Insurance NQF Level 4Qualifications with

Qualification with minimum 120 credits

NCA accredited

RE Certificate

Class of Business up to Date

CPD hours up to date within a stipulated time frame