F&i Debtors Administrator

2 weeks ago


Centurion, Gauteng, South Africa WeBuyCars Full time

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 debts, and works closely with customers and internal teams to resolve any payment-related issues.


Key Responsibilities:

  • Collection and control of F&I debtors especially deals over 5 days.
  • Daily followup on long outstanding remittances, outstanding proof of deposits (where relevant), DIC invoices and over allowances credit notes.
  • Working with Vehicle Creditors and clearing these deals timeously.
  • Allocating payments on both the finance side, as well as the buying side.
  • Processing certain refunds for example, licensing and registration refunds, provision refunds, product refunds and holding deposits.
  • Processing finance cancellations and assisting with any inquiries regarding the cancellation.


Finance Compliance
  • Checking compliance on a predetermined amount of finance deals monthly and checking rectification of deals that failed compliance checks.
  • Assisting with the reconciliation of finance products monthly.
  • Assisting the F&I's with daytoday activities and queries relating to the accounts of their clients.

Requirements:

  • Must have a Matric Certificate
  • National Diploma or Degree in Finance will be an advantage
  • 2/3 years accounting experience

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