F&i Debtors Administrator

1 week ago


Centurion, 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 follow-up 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 pre-determined 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 day-to-day 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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