Finance and Insurance (F&I) Manager
SUMMARY:
Umhlanga - Are you a driven financial services professional looking to elevate your career as an F&I Manager? Take the next step with an established, growing automotive retail team based in the Upper Highway area.
POSITION INFO:
A well-regarded South African automotive retail group with a multi-franchise dealership network across major regions, representing a diverse portfolio of established and expanding international vehicle brands.
We are seeking an experienced and fully compliant F&I Manager to oversee the finance and insurance function within the dealership. You will be responsible for structuring finance deals, offering value-added products, and ensuring full regulatory compliance to optimize dealership profitability and customer satisfaction.
Key responsibilities
- Structure and submit finance applications to all major banking institutions and financial providers.
- Present and sell value-added products (VAPs) such as warranties, service plans, and insurance policies to clients.
- Manage the entire end-to-end invoicing and delivery documentation process to ensure timeous pay-outs.
- Maintain full compliance with FAIS, FICA, and NCA regulations throughout the transaction cycle.
- Collaborate closely with the sales team and dealership management to maximize unit turnover and finance penetration.
- Reconcile commission sheets and ensure accurate record-keeping of all financial transactions.
Requirements
- Matric / Grade 12 certificate.
- Proven experience working as a Finance and Insurance (F&I) Manager within a franchise automotive dealership environment.
- Full FAIS qualification (appropriate credits) and successful completion of the RE5 examination.
- Valid and clean DOFA status with the FSCA.
- Proficiency using recognized Dealership Management Systems (DMS) and finance submission platforms (such as Signio).
- A valid South African driver’s license.
Remuneration R15 000 – R25 000 per month, plus commission and benefits.
Only shortlisted candidates will be contacted.