District Financial Manager

Penske•South Plainfield, NJ
•$67,600 - $91,200•Onsite

About The Position

The District Financial Manager provides financial and operational leadership for the district, supporting the District Manager in engaging with customers, associates, and planning. The role oversees district processes and works to recapture profit within them. This customer-facing position works with locations and customers to understand and meet location-specific goals and objectives. The position is located at Penske’s facility at 2364 S. Clinton Avenue in South Plainfield, New Jersey. The manager partners with key district customers and supports sales, leads work for critical customers at new, add, and replace points, and develops district processes for managing non-standard deals and related billing. The role leads business-plan preparation, trains associates in planning, and provides vehicle contribution, P&L, and process analysis to the District Manager. The position oversees customer-facing financial operations, including billing, collections, and receivables; reviews and resolves past-due accounts; and supports corporate initiatives to improve customer experience and operational consistency. It also reviews and investigates inventory balances and conducts physical counts. The manager supports associate development, especially for the administrative team, provides mentoring, and ensures clerical duties are completed. The role also supports company initiatives, spends extended time at district locations working with Service, Admin, and Rental teams, develops in-depth knowledge of operations and customers, and undertakes other assigned projects.

Requirements

  • At least 3 years of experience in billing, collections, receivables, or other finance-related functions.
  • High school diploma or equivalent.
  • Advanced computer skills, including Microsoft Word, Excel, Outlook, and PowerPoint.
  • Regular, predictable, full attendance is an essential function of the job.
  • Willingness to travel as necessary, work the required schedule, and work at the specified location.
  • Completion of the Penske employment application and submission to a background investigation, including past employment, education, and criminal history, and drug screening.
  • Ability to read, communicate verbally and/or in writing, remember and analyze information, and understand instructions or guidelines.
  • Ability to stand, walk, and sit; frequently use hands to touch, handle, and feel; reach with hands and arms; and occasionally lift and/or move up to 25 lbs/12 kg.
  • Vision abilities including close vision, distance vision, peripheral vision, depth perception, and adjustment of focus.

Nice To Haves

  • At least 3 years of supervisory experience.
  • Bachelor’s degree, preferably with a concentration in Finance or Business.
  • Profit and Loss (P&L) reporting experience.
  • AS400 experience.

Responsibilities

  • Partner with assigned key district accounts as a liaison, establish customer relationships, and use district initiatives to improve service delivery and billing experiences.
  • Lead support for critical customers at new, add, and replace points.
  • Develop district infrastructure for managing and executing non-standard deals, including accurate initial and ongoing maintenance, step-rate, and exception billing.
  • Lead district staff in preparing the Business Plan, including sales plans, vehicle inputs, payrolls, and draft presentation slides as outlined by the District Manager.
  • Train and mentor associates who are new to the plan and planning process.
  • Provide vehicle contribution, P&L, and process analysis and reporting to the District Manager.
  • Oversee customer-facing financial operations, including billing, collections, and receivables.
  • Manage customer accounts and collection issues by reviewing past-due receivables, sending demand letters or calling customers, following through on accounts sent to collection, supplying invoices to attorneys, and searching for customers through various sources.
  • Initiate corporate process offerings to improve customer experience and execution, such as central PM scheduling, digital vehicle files, and preferred parts.
  • Drive process rollouts, corporate and area initiatives, and process uniformity and consistency in coordination with AFM.
  • Review and investigate inventory balances using the general ledger and inventory graphs, and conduct physical counts.
  • Support administrative-team growth and development, define career paths or involve HR for roles outside the district, cultivate associates’ skills, and provide formal mentoring as assigned by the District Manager.
  • Ensure the team’s clerical duties are completed.
  • Support company initiatives as assigned, including the Service Admin Strategic Initiative (SASI) and Technician Certification Program (TCP).
  • Spend extended time at district locations working with Service, Admin, and Rental on matters including receivables, credit assessment, rates, billing, fuel, tax compliance, accident reporting, and physical inventory.
  • Develop and sustain in-depth knowledge of each operation and customer base.
  • Complete other projects and tasks as assigned by the manager.

Benefits

  • Penske describes its benefits plan as supporting associates and their families to stay happy, healthy, and secure; details are available at the company benefits website.
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