Regional Asset Control Manager

Snap-on Inc•Tualatin, OR

20d•$125,000 - $178,000•Remote

About The Position

Responsible for the control and proper utilization of Company accounts receivable assets within the Region. Position will be responsible for the monitoring and improvement of Franchisee financial health. Responsible to improve loss and franchisee Turnover performance within the Regions assigned.

Requirements

Bachelor’s degree or 7-10 years related field management experience required.
Receivables management
Loss control
Knowledge of company products
Franchisee sales and training programs
Franchisee budget preparation
Business & financial acumen
Company computer systems
Company accounting systems
Company and region operating policies and procedures for SOT
Franchisee operations
Asset management policies and procedures
Self-motivated and ability to work independently.
Able to meet schedules and timelines.
Business & financial acumen
Microsoft Office
Excellent written and verbal communication skills.
Excellent analytical and problem-solving skills.
Effective negotiating skills.

Nice To Haves

Willing to travel to outlying areas as needed.

Responsibilities

Utilize reports and monitoring parameters to provide early warnings to sales management of deterioration in the financial stability or equity positions of franchisees. Communicates problem areas to regional management and works to correct deficiencies.
Responsible for conducting quarterly FPT equity reviews on all franchisees in the regions that they are assigned
Responsible for monthly follow-up on all FPT reviews to ensure proper improvement.
Responsible for meeting with underperforming franchisees to improve performance and financial health.
Responsible for franchisee dispute resolution if applicable
Responsible for working with Snap-on training department to conduct Business Understanding seminars for the regions that they are assigned.
Responsible for terminated franchisee exit interviews and settlements using all means available
Responsible for reviewing new franchisee budgets and breakeven points to help ensure accuracy.
Responsible to perform legal reviews as needed.
Responsible to accurately project potential losses within the regions that they are assigned.
Responsible for reviewing all applications for franchisee expansions.
Responsible for ensuring compliance with company directives relating to bad debt loss write-offs of terminated dealer accounts and company store R/A accounts. Additionally, responsible for follow-up efforts to ensure that all possible actions are taken to recover loss write-offs from former dealers or employees.
Interacts with regional management and staff, business managers and staff, sales administration personnel, company legal representatives, Snap-on ombudsman, Snap-on Credit and outside collection agencies in performance of key tasks.
Responsible for initiation of franchisee action requests regarding non-payment of weekly invoice, as it applies to current payment program.
Responsible to identify and work with “high risk” franchisees to benefit Snap-on and the franchisee.