Operations Manager

2 weeks ago


Boksburg, Gauteng, South Africa BHBW South Africa Proprietary Limited Full time

Purpose of the Role


The purpose of this role is the effective and efficient management of financing of long-term rental assets by designated funders and the management of the long-term rental contracts department.


Key Performance Areas

Management of relationships with the various LTR asset Funders by:

  • Overseeing monthly sale and cession of eligible LTR contracts to a designated Funder based on complete sales packs meeting all documentary requirements of the designated Funder.
  • Advising the Regional Sales Managers regarding customers requiring complex financing solutions
  • Reviewing the pipeline of eligible deals to be sold to the funders and ensure deals are sold timeously.
  • Reviewing and allocating deals to the appropriate funder based on type of customer and size of deal.
  • Review and approval of payments due to the respective Funders
  • Managing the payment process of monthly rentals, settlements, and legal offers to the respective funders
  • Ensuring accurate and complete record keeping according to the respective Sale & Cession agreements
  • Monitoring the Funder's Collection Agency function & Reporting
  • Coordinating the Due Diligence reviews performed by each funder.
  • Reporting and calculating the Used machines sold profits and losses.
  • Review of legal offers made to funders.

Management of the Long-Term Rental Contracts Department's functions by:

  • Ensuring generation of accurate billing for LTR, Maintenance Contracts & Excess hours
  • Ensuring accurate record keeping & document retention
  • Reviewing the calculations for restructuring of deals
  • Monitoring the process of licensing of machines used on public roads.
  • Reviewing of Expiry lists generated by the Contracts Administrator
  • Reviewing of Maintenance Contract Performance Reports generated by the Contracts Administrator
  • Reviewing of LTR asset lists generated by the Contracts administrator to keep the balance sheet lean.
  • Reviewing of the creation and disposal of LTR assets on SAP
  • Reviewing of all Early Termination requests from customers and reviewing of amounts calculated.

Qualification, Experience and Competencies
Minimum Qualification

  • Grade 1
  • Bachelor of Commerce (BCom), Accounting (advantageous)
Minimum Experience

  • At least 5 years commercial and financial experience at Senior Management level
  • Business Project management experience
Competencies

  • Strong analytical skills analyse data, interpret information, and make recommendations.
  • Business development skills and knowledge
  • Business and financial acumen
  • Communication skills
  • Presentation and facilitation skills
  • Influential skills
  • Strong management and admin skills
  • Skills to lead and grow a team.
  • Microsoft Office (Intermediate Excel skills an advantage)
  • Effective time management and must be able to work after hours when required.
  • SAP experience (Material Management an advantage)

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