F&I Manager

SUMMARY:
F&I MANAGER / BUSINESS MANAGER –
Location: Cape Town CBD
Industry: Motor Retail / Automotive

POSITION OVERVIEW

Chery Cape Town City is seeking an experienced F&I Manager / Business Manager to manage the complete Finance & Insurance process within the dealership. The successful candidate will be responsible for deal structuring, vehicle finance applications, F&I product sales, compliance, customer consultations, deal administration and maximising F&I profitability.

KEY RESPONSIBILITIES

• Manage the full F&I process from finance application through approval, contracting and vehicle delivery.
• Structure vehicle finance deals and liaise with banks and finance houses.
• Submit and follow up on finance applications and outstanding conditions.
• Present and sell approved F&I and Value-Added Products, including service and maintenance plans, warranties, tracking, tyre/rim and scratch/dent protection.
• Ensure compliance with NCA, FAIS and FICA requirements.
• Maintain accurate and audit-ready deal files and documentation.
• Conduct professional F&I consultations and explain financial terms and products to customers.
• onitor finance and VAP penetration, F&I gross profit, income per unit, approvals, cancellations and chargebacks.
• Work closely with Sales Executives and management to ensure deals are processed accurately and efficiently.
• Complete F&I reporting and month-end administration.

POSITION INFO:

MINIMUM REQUIREMENTS

• Matric / Grade 12.
• Relevant NQF Level qualification.
• RE5 – Essential.
• DOFA in place and up to date.
• Current Class of Business.
• Up-to-date CPD certificates.
• Strong knowledge of the National Credit Act (NCA), FAIS and FICA.
• Motor dealership F&I training.
• Strong vehicle finance and finance-house process knowledge.
• Computer literate, including Microsoft Excel and relevant dealership systems.

EXPERIENCE

• Minimum 3–5 years' F&I experience within the motor industry.
• Proven experience in vehicle finance, deal structuring, VAP sales, compliance and deal-file management.
• Previous experience as an F&I Manager, Business Manager or Senior F&I Consultant will be advantageous.
• Motor dealership F&I experience is essential.
• Experience with Signio, Keyloop/Kerridge or similar systems advantageous.

 

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