Finance Assistant

Automotive Finance Assistant – Job Duties
Finance & Documentation Support

• Prepare and review all finance and lease documents for accuracy and compliance with dealership, lender, and state regulations.

• Gather customer information and verify required documents (driver’s license, insurance, income verification, etc.).

• Process credit applications and submit them to approved lenders.

• Maintain digital and physical deal jackets, ensuring all paperwork is completed and filed correctly.

• Assist customers in understanding financing options, warranty plans, and protection products.

• Provide clear explanations of loan terms, payment schedules, and contract obligations.

• Coordinate with the sales team to ensure a smooth transition from vehicle purchase to financing.

• Communicate with banks and credit unions to obtain approvals, update deal status, and resolve discrepancies.

• Track lender funding and follow up on any missing or pending documents.

• Maintain strong relationships with financial institutions.

• Enter customer and deal information into dealership management systems (DMS), CRM, and lender portals.

• Update inventory, deal numbers, and financial records as needed.

• Run credit reports and input data into finance software.

• Ensure all deals follow federal and state laws (e.g., Truth in Lending, Privacy Act, OFAC).

• Assist with internal audits by maintaining accurate and complete paperwork.

• Monitor signatures, disclosures, and required forms to avoid funding delays.

• Manage office supplies, forms, and finance-related materials.

• Assist the Finance Manager with daily tasks and special projects.

• Support dealership operations with scanning, printing, and organizing files.

• Handle phone calls, customer inquiries, and appointment scheduling.

• Generate daily, weekly, or monthly finance reports as requested by management.

• Track contracts-in-transit, funding delays, and deal status.

• Maintain organized logs of customer deliveries, warranties, and aftermarket sales.