Operations Manager
2 weeks ago
**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
- Co-ordinating 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 12
- 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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