Job Description
About the Role
Join our team as a Finance & Insurance Manager at Mototeam (Pty) Ltd, where you’ll play a vital role in driving sales and revenue growth for our dealership. With your expertise in vehicle finance and insurance, you’ll work closely with customers to provide them with tailored solutions that meet their needs.
Key Responsibilities
- Arrange vehicle finance and insurance for customers, explaining products, value-adds, and extended warranties in detail.
- Process financing and leasing deals with accuracy, ensuring prompt bank finance approvals.
- Secure and finalise contracts, ensuring all documentation is correctly completed and signed.
- Ensure all vehicles are delivered and paid for by the respective banks within the agreed timeframe.
- Stay up to date with regulations affecting vehicle financing and ensure compliance with FAIS, FSCA, and NCA
- Sell approved add-on products (warranties, service plans, insurance products) to maximise dealership gross profit.
- Build and maintain strong relationships with financial institutions and insurance companies.
- Conduct credit checks, affordability assessments, and ensure all transactions meet legal and financial standards.
- Prepare and submit finance applications to banks, tracking progress and ensuring approvals are obtained efficiently.
- Train and guide sales staff on finance and insurance procedures, promoting F&I products effectively.
- Monitor and report on F&I performance metrics, including penetration rates and profit margins.
- Handle customer queries and concerns, providing expert advice on finance and insurance options.
- Build and maintain customer relationships by ensuring the highest level of customer care.
Requirements
- Minimum of 3-5 years’ experience as a Finance and Insurance (F&I) Manager within the motor dealership environment.
- Strong knowledge of vehicle brands and dealership operations (e.g., Chery, Suzuki, Haval).
- NQF 4 FAIS Retail or Short-Term Insurance Qualification with a minimum of 120 FAIS Credits, RE5 Accreditation, NCA Accreditation (Legislative requirements)
- CPD Hours up to Date for all Cycles
- COB Completed
- Proven ability to consistently achieve and exceed sales and finance targets.
- Excellent understanding of F&I products, finance structuring, and compliance requirements.
- Ability to work under pressure, handling high volumes of deals per month with precision.
Qualifications
- Grade 12 / Matric qualification (relevant tertiary qualifications will be an advantage).
- Valid South African Driver’s License.
Salary & Benefits
Salary: Negotiable based on experience.
Submission Guidelines
If your current experience and skillsets tick majority of the job specification boxes, then apply directly now – Send your CV to .za. Feel free to contact Hayley directly on 087 265 3364 or send a WhatsApp to 082 442 5410 for more information.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Automotive Sales Jobs in Western Cape
In the Western Cape, the automotive sales industry is a significant sector, with many companies employing individuals to sell and service vehicles. Typically, this industry experiences moderate growth due to the ongoing demand for new and used cars. However, like many industries, it can also be subject to fluctuations in consumer spending and global market trends.
Generally, salaries for automotive sales positions in Western Cape vary widely depending on factors such as experience, company size, and industry sector. Typically, entry-level salesperson roles may fall within a salary range of R200 000 – R350 000 per annum, with more senior roles potentially exceeding R400 000 – R600 000 per annum. However, it’s essential to note that these figures are broad estimates and actual salaries can vary significantly depending on individual circumstances.
Common skills required for automotive sales positions include excellent communication and interpersonal skills, the ability to build rapport with customers, and a strong understanding of vehicle models and features. Additionally, salespeople need to be knowledgeable about finance options and regulatory requirements, as well as have strong negotiation and problem-solving skills. Other essential qualities include adaptability, resilience, and a customer-focused mindset.
The automotive industry in Western Cape is often linked to sectors such as financial services, technology, and manufacturing, where companies require skilled sales professionals to drive revenue growth and build brand awareness. These roles may involve selling new vehicles, after-sales support, or working with fleets and commercial customers.
For those interested in pursuing a career in automotive sales, there are various opportunities for development and progression within the industry. Typically, experienced salespeople can move into senior management positions, such as regional managers or dealership owners, while others may choose to transition into related roles like vehicle maintenance or after-sales support. With ongoing training and education, it’s possible to advance your career and become a leading expert in the automotive sales field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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