Branch Financial Manager

Penske•Ashland, VA

13d•Onsite

About The Position

A Branch Financial Manager’s responsibility is to lead administrative processes of the branch (branches) that support operational efficiency, effectiveness, customer satisfaction and profitability. Coach and develop a team of administrative professionals. Support the district financial manager by providing a cross-functional branch perspective that contributes to district performance and profitability. The Branch Financial Manager oversees the maintenance coordinator and/or operations coordinators to assure the location aligns business objectives and customers’ demands. A branch provides an ideal environment for learning operational dynamics, business fundamentals, and garnering experience in improving processes and business performance.

Requirements

High school diploma or equivalent required
Interpersonal and relationship building skills with an ability to lead and develop branch teams.
Competent written and verbal communication skills with an ability to present branch problems, causes, and a time bound corrective action plans to DFM, DM, district and branch leadership.
2 years+ experience in customer service and operations experience
Agile and quick learner, enjoys collaborative projects and continuous education
Advanced computer skills including Microsoft Word, Excel, Outlook and PowerPoint required
Regular, predictable, full attendance is an essential function of the job
Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.
The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.
The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms.
Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Nice To Haves

Bachelor’s degree (Finance or Business concentration) preferred
Profit and Loss (P&L) reporting experience highly preferred

Responsibilities

Lead and develop team through hiring, training, performance reviews, and check-ins. Provide continuous support and associate development.
Develop and sustain consistent processes via cross training that drive process effectiveness and profitability.
Reward and recognize team; create an atmosphere of teamwork and camaraderie.
Periodically assess branch-staffing requirements with DFM.
Perform branch level analyses and reviews in areas such as P&L, contribution report, aged trial balance and other areas.
Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of profitability.
Use systems such as ServiceNet or AS400 to understand the operational dynamics for problem solving and process improvement.
Collaborate with BSM / BRM and District leadership to drive cross-functional collaboration to improve branch operations in service of the overall district.
Improve and sustain a broad range of customer facing and internal branch operational, financial, and administrative processes.
Lead customer facing processes such as Billing, receivables management aimed at mitigating bad debt, timely vehicle in/out service, and problem resolution.
Ensure Tax and legal compliance for branch operations. (e.g., billed rates fuel tax, licenses and registrations).
Utilize additional reports to supplement and further detail findings identified through P&L review, etc.: the open RA report, receivables, credit assessment, e.g., risk vs. reward, billed rates, fuel, fuel tax compliance, accident reporting, physical inventory, etc. Develop solutions to review with DFM; proceed with action plan.
Lead initiative implementation at the branch level, provide consistent execution and adherence to process guidelines.
Collaborate with key stakeholders such as corporate Finance and Operations teams (e.g., centralized parts ordering, PM scheduling and other functions) that optimize local field and centralized corporate operations.
Supervise the effectiveness of branch maintenance processes including: Parts, tires and fuel inventories.
Provide oversight for vehicle Security processes, asset inventory, cash drawer management and associate health and safety processes (e.g., COVID-19 health and safety precaution).
Perform Location Operations Reviews with maintenance, rental, and service & admin support to improve and sustain branch performance.
Grow organizational capability and a shared responsibility for leadership, integrity and customer-centered performance.
Oversight of branch level business planning process and support of district business planning completion as outlined by DM and DFM.
Continuous review of plan vs. actual at branch level throughout the year to provide guidance and analytics.
Projects and tasks as assigned by District Manager and District Financial Manager.