Finance Administrator

Dobbs EquipmentRiverview, FL
20h

About The Position

This position will be responsible for supporting the retail financing process that provides our customers with financing of their equipment purchases through captive, third-party banks, and lending institutions with the objective of increasing market share and maximizing profit. Essential Functions and Responsibilities: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. (Other duties may be assigned)

Requirements

  • Valid Drivers License
  • Finance experience
  • Credit/Collections knowledge
  • College Degree in Finance/Accounting or related field or a minimum of three years in finance, credit, or collections.
  • Ability to communicate effectively (verbal and written) with teammates and customers.
  • Strong problem-solving skills.
  • Must be able to self-manage/self-motivate.
  • PC literate, proficient with MS Office, with an emphasis in Excel and Outlook required.
  • Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
  • Quick learner with the ability to think out of the box.
  • Positive attitude, good organizations skills.
  • Understanding of credit and collections.
  • Ability to manage relationships, both internally and externally, and holding teammates and customers accountable.
  • Strong ability in negotiation and conflict resolution skills.
  • Ability to multi-task in a fast-paced environment with proficient follow-up.
  • Ability to manage positive relationships, both internally and externally.
  • Good understanding of credit reporting agencies such as Equifax and Cortera, as well as financial statements.
  • Willingness to travel as needed. Less than 15% of the time.
  • Knowledge of related federal and state laws affecting bankruptcy.
  • Knowledge of Uniform Commercial Code (UCC)-Revised Article 9 or equivalent legislation.
  • Basic understanding of financial statements

Responsibilities

  • Build and maintain strong working relationships with internal business partners (VP’s, GM’s. sales and operations), utilizing clear and frequent communication while focusing largely on designated market area.
  • Support the current relationships with our primary retail financing lender John Deere Financial, and other third-party lenders of retail credit to our customer base. Collaborate with Finance Manager and our primary and secondary lenders to establish competitive programs to meet current market conditions.
  • Support initiatives rolled out through the Finance Manager increasing finance-based income.
  • Participate in weekly/monthly calls with branch management to review pipeline.
  • Utilize current reporting tools to manage upcoming finance pipelines.
  • Scanning of documents into Performa relating to legal files, credit applications, credit bureau reports, bankruptcy, and related documentation.
  • Work in conjunction with Credit Department to report / review necessary finance issues to Corporate Finance Manager. Review and analyze financing requests to meet lender and customer objectives including accurate submissions.
  • Submit Finance deals to our Primary and Secondary lenders utilizing the Workflow tool in a timely manner.
  • Review and approve completed finance documentation and submit it to the settlement team.
  • Manage outstanding or incomplete finance transactions resolving any discrepancies (CIT)
  • Work with Finance Manager to reconcile Good Clearing Accounts.
  • Review and distribute to necessary personnel on finance-related programs being offered.
  • Provide or acquire lease quotes as needed.
  • Perform customer validation and any necessary lien search or Secretary of State name verification for trades/pass through inventory being acquired by dealership.
  • Customer visits discussing financial concerns/potential solutions to financial needs.
  • Travel between offices to review financing needs for customers and relationship building (15% time).
  • Basic knowledge and understanding of current state tax regulations.
  • Good working knowledge and understanding of both fair lending and fair credit reporting act (FCRA).
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