Penske

Diversified transportation, logistics, and motorsports provider

District Financial Manager

Corporate Finance & FP&AConfirmed live in the last 24 hours

Full-timeSouth Plainfield, NJ, USA$67.6k - $91.2k /yr

About the Job

Requirements

Three years of experience with billing, collections, receivables, or other finance-related functions are required.
A high school diploma or equivalent is required.
Advanced computer skills, including Microsoft Word, Excel, Outlook, and PowerPoint, are 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, complete the employment application, submit to a background investigation including past employment, education, and criminal history, and undergo drug screening are required.
The associate must be able to read; communicate verbally and/or in writing; remember and analyze information; and remember and understand instructions or guidelines.
The associate may be required to stand, walk, and sit, and is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must occasionally lift and/or move up to 25 pounds/12 kilograms.
The associate must have close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.

Responsibilities

Provide financial and operational leadership for the district and support the District Manager in engaging with customers, associates, and planning.
Oversee district processes and work to recapture profit within those processes.
Understand location-specific goals and objectives and work with locations and customers to meet them.
Serve as a liaison for assigned key district accounts with other essential contacts, establish relationships, and use district-specific customer initiatives to highlight service delivery, such as improving the billing experience.
Take the lead for critical customers at new, add, and replace points.
Develop intra-district infrastructure for managing and executing non-standard deals to ensure accurate initial and ongoing maintenance exception billing, including step-rate billing.
Prepare the Business Plan by leading district staff in completing the sales plan, 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, profit and loss, process analysis, and reporting to the District Manager.
Handle customer-facing financial operations processes, including billing, collections, and receivables.
Manage customer accounts and account issues by reviewing past-due receivables, sending demand letters or calling customers to resolve issues, following through on accounts sent to collections by supplying invoices to attorneys, and searching for customers through various sources.
Initiate corporate process offerings to improve customer experience and execution, including central preventive maintenance scheduling, digital vehicle files, and preferred parts.
Drive process rollouts, corporate and area initiatives, and process uniformity and consistency through the AFM heavy dotted-line relationship.
Review and investigate inventory balances using the general ledger and inventory graphs, and take physical counts.
Support administrative team growth and development, support associates with aspirations and capabilities for other positions, define career paths at the district or involve Human Resources for positions outside the district, and cultivate skills and capabilities of associates satisfied with their current positions.
Provide formal mentoring to associates as assigned by the District Manager.
Ensure the team's clerical duties are accomplished.
Support company initiatives as assigned, including the Service Admin Strategic Initiative and Technician Certification Program.
Spend extended time at each district location working with Service, Admin, and Rental on receivables, credit assessment, risk versus reward, rates, billing, fuel, tax compliance, accident reporting, and physical inventory.
Develop and sustain in-depth knowledge of each operation and customer base.
Perform other projects and tasks as assigned by the manager.

Desired Qualifications

Three years of supervisory experience are highly preferred.
A bachelor's degree with a Finance or Business concentration is preferred.
Profit and loss reporting experience is highly preferred.
AS400 experience is preferred.

Position Summary:

This position will provide financial and operational leadership for the district, and is designed to give the District Manager the support necessary to engage more effectively with customers, associates, and planning. The District Financial Manager is responsible for overseeing district processes and is tasked with recapturing profit within these processes. This customer facing position will understand location-specific goals and objectives, and will work with locations and customers to meet those objectives.

This position will be located at the Penske facility at 2364 S. Clinton Avenue in South Plainfield, NJ.

Major Responsibilities:

Partner with Customers / Support Sales

• Assigned to specific key district accounts as a liaison with other essential contacts. Establish relationships by employing district specific customer initiatives for highlighting delivery of services, e.g., improve billing experience.

• Has lead role for critical customers at new, add, replace points.

• Develop intra-district infrastructure for managing and executing non-standard deals to ensure accurate initial and future (step rate, etc.) maintenance exception billing, etc.

Business Planning

• Responsible for planning, organizing and otherwise preparing Business Plan by leading the district staff to complete the sales plan, vehicle inputs, payrolls, draft presentation slides etc. as outlined by the District Manager.

• Responsible for training and mentoring associates new to the plan and planning process.

District Analysis

• Push vehicle contribution, P&L, and process analysis and reporting to the DM.

Financial Operations

• Customer facing financial operations processes: billing, collections, receivables

• Collection activities include Manage customer accounts and various account issues by reviewing receivables for past due accounts, sending demand letters or calling customer to resolve, follow through on accounts sent to collection through supplying invoices to attorneys, search for customers through various sources.

• Initiates corporate process offerings for improving customer experience and execution – central PM scheduling, digital vehicle files, preferred parts, etc.

• AFM heavy dotted line to drive process rollouts, Corporate initiatives area initiatives, and process uniformity and consistency.

• Inventory responsibility: Review and investigate inventory balances using general ledger and inventory graphs, and take physical counts.

Associate Development Support

• Responsible for primarily for admin team growth and development.

• Support development of those with aspirations and capabilities for other positions.

• Define career path at district or involve HR for positions outside of district.

• Cultivate skills and capabilities of those who are satisfied with current position.

• Mentoring – formal mentoring of associates as assigned by DM.

• Ensure clerical duties of team are accomplished.

Other Responsibilities

• Support company initiatives as assigned, such as: Service Admin Strategic Initiative (SASI), Technician Certification Program (TCP), etc.

• Spend extended time at each of the locations in the district working with Service, Admin, and Rental (Receivables, credit assessment, e.g., risk vs. reward, rates, billing, fuel, tax compliance, accident reporting, physical inventory).

• Develop and sustain an in-depth knowledge of each operation and customer base.

• Other projects and tasks as assigned by manager.

Qualifications:

• 3 years of experience with billing, collections, receivables, or other finance related functions required

• 3 years of supervisory experience highly preferred

• High School diploma or equivalent required, Bachelor’s degree (Finance or Business concentration) preferred

• Advanced computer skills including Microsoft Word, Excel, Outlook and PowerPoint required

• Profit and Loss (P&L) reporting experience highly preferred

• AS400 experience preferred

• 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.

Physical Requirements:

- The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

- 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.

- While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.

- Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Penske is an Equal Opportunity Employer.

Salary: $67,600-$91,200 yearly

Benefits: Our excellent benefits plan keep associates and their families happy, healthy and secure. To learn more visit https://penske.jobs/benefits

About the Company

Penske

Diversified transportation, logistics, and motorsports provider

Penske provides a range of transportation services, including retail automotive sales and service, truck leasing and rental, and logistics solutions, plus professional motorsports activities. Its offerings work through distinct units: Penske Automotive Group sells and services vehicles, Penske Truck Leasing rents and maintains trucks with fleet management, and Penske Logistics handles end-to-end supply chain services. The company differentiates itself by operating multiple transportation and entertainment businesses under one private global umbrella, enabling cross-sell opportunities and large-scale coordination. Its goal is to deliver reliable, end-to-end transportation and logistics solutions for individuals and businesses worldwide while growing its diversified portfolio and leveraging scale.

Company size: 501-1,000
Company stage: Not listed
Total funding: Not listed
Headquarters: Bellflower, CA
Founded: 1969

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