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Finance
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Al Tayer Motors
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170000JB Requisition #
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Job Purpose
To offer, sell and administer the sale of Finance and Insurance (F&I) products in order to achieve the finance and insurance penetration targets and enhance the sales process on the sales floor

Job Requirements

Education/Certification and Continued Education

·         Degree in any discipline or through automotive vocational route

 

Years of Experience

·         3 – 4 years solid experience in car sales, finance or insurance markets in association with the motor industry as a whole or GCC market.

 

Knowledge and Skills

·         Good attention to detail, process driven and efficient planning and organizing skills.

·         A pleasing personality is needed as you will be communicating with customers at all levels

·         Preferably bilingual (Arabic and English),

 

Essential Roles and Responsibilities

 

Functional Roles and Responsibilities

·         Carry out F&I procedures in accordance with pre agreed processes so that targets for New Finance & Insurance and Renewal Insurance are met on a monthly basis throughout ATM.

·         Identify customer needs, recommend F&I options, provide complete information to ensure customers make an informed choice.

·         Liaise with all the Sales departments to ensure all the retail customers are offered and quoted F&I options prior to conclusion of the deal.

·         Prepare quotations for the customer deals and file all the records appropriately

·         Ensure that customers are fully informed regarding terms and conditions of each contract and are aware of any exclusions or benefits that may be relevant prior to purchase.

·         Collect all proofs required by the supporting bank and secure the credit line prior to a vehicle being released by the sales department

·         Reconcile the commission payable from supporting banks against each deal and keep a financial control log on a daily basis

·         Keep records of each deal on the sales floor and monitor the commission, type of referral, the original funding source and the conversion rate for each individual sales person.

·         Provide information on individual sales person achievement regarding F&I penetrations and referral grades to the Showroom/Sales Manager on a periodic basis.

  

 

Job Purpose
To offer, sell and administer the sale of Finance and Insurance (F&I) products in order to achieve the finance and insurance penetration targets and enhance the sales process on the sales floor

Job Requirements

Education/Certification and Continued Education

·         Degree in any discipline or through automotive vocational route

 

Years of Experience

·         3 – 4 years solid experience in car sales, finance or insurance markets in association with the motor industry as a whole or GCC market.

 

Knowledge and Skills

·         Good attention to detail, process driven and efficient planning and organizing skills.

·         A pleasing personality is needed as you will be communicating with customers at all levels

·         Preferably bilingual (Arabic and English),

 

Essential Roles and Responsibilities

 

Functional Roles and Responsibilities

·         Carry out F&I procedures in accordance with pre agreed processes so that targets for New Finance & Insurance and Renewal Insurance are met on a monthly basis throughout ATM.

·         Identify customer needs, recommend F&I options, provide complete information to ensure customers make an informed choice.

·         Liaise with all the Sales departments to ensure all the retail customers are offered and quoted F&I options prior to conclusion of the deal.

·         Prepare quotations for the customer deals and file all the records appropriately

·         Ensure that customers are fully informed regarding terms and conditions of each contract and are aware of any exclusions or benefits that may be relevant prior to purchase.

·         Collect all proofs required by the supporting bank and secure the credit line prior to a vehicle being released by the sales department

·         Reconcile the commission payable from supporting banks against each deal and keep a financial control log on a daily basis

·         Keep records of each deal on the sales floor and monitor the commission, type of referral, the original funding source and the conversion rate for each individual sales person.

·         Provide information on individual sales person achievement regarding F&I penetrations and referral grades to the Showroom/Sales Manager on a periodic basis.

  

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