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F&I Debtors Administrator

Webuycars
R 105 730 - R 133 878 a year
City of Tshwane Metropolitan Municipality, Gauteng
2 weeks ago

Job Overview:

The primary responsibility of a F&I Debtors Administrator is to manage and administer the debtor accounts related to the financing and insurance products offered to customers during vehicle sales. The F&I Debtors Administrator ensures timely and accurate processing of financial transactions, monitors outstanding debtors, and works closely with internal teams to resolve any payment-related issues.

Key Responsibilities:

Collection and control of F&I debtors:

  • Daily follow-up on long outstanding remittances, proof of deposits (where relevant), DIC invoices and over allowances credit notes.
  • Allocating payments on accounts.
  • Working through the unallocated payments to ensure that all payments received were allocated correctly.

Working on Vehicle Creditors and clearing these deals timeously:

  • Following up on leads that were created but not paid as yet.
  • Allocating payments on accounts.

Processing refunds:

  • Licensing and registration refunds
  • Provision refunds
  • Product refunds
  • Holding deposits, etc.
  • Processing finance cancellations and assisting with any inquiries regarding the cancellation.
  • Finance Compliance - Checking compliance on finance deals on a monthly basis and ensuring that these failed deals get corrected accordingly.
  • Assisting with the reconciliation of finance products
  • Assisting the F&I’s with day-to-day activities and queries relating to their client accounts.
  • Attending to any queries that relate to an F&I coming from Customer Care.
  • Assisting with invoicing of monthly commission income.

Skills and attributes:

  • Motivated
  • Confident
  • Attentive to detail
  • Able to work under pressure
  • Active listening skills
  • Strong work ethic
  • Excellent time management
  • Ability to work with various individuals with different characteristic
  • Must have a Matric Certificate
  • National Diploma or Degree in Finance will be an advantage
  • 2/3 years accounting experience will be advantageous
  • Automate Evolve experience beneficial
Package Includes:
  • Momentum Provident Fund
  • Discovery Life Insurance
  • 15 Days Annual Leave
  • Market related salary
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