What are the responsibilities and job description for the Asst Sales Finance Mgr position at Stowers Machinery?
Job Summary
- As an assistant sales finance manager, you will be responsible for facilitating the financing and leasing of equipment sales made by the dealer sales team. You will serve as the intermediary between our end user customer and our lending partners.
Key Roles & Responsibilities
- Facilitate and encourage the use of retail financing and related insurance products (Cat Financial or otherwise) to increase company sales volume, profitability and customer satisfaction.
- Prepare and process Caterpillar-financed transactions in online platform. This will include quoting deals, submitting for credit review and negotiating terms between customer and lender.
- Oversee the credit to cash cycle by actively communicating with customers, dealer sales reps and lenders throughout the entire financing process to ensure transactions are processed and funded payments are in a timely manner.
- Strive to find the optimal balance between supporting the customer and sales team while also minimizing the exposure risk of uncollected receivables to the dealership
- Present and actively participate in Quarterly Credit Committee and Outstanding Receivables meetings
- Develop expertise of the various financial products offered by our lending partners and serve as a trusted advisor for our customers and dealer sales reps
- Develop expertise of the products offered by the dealership and the industries in which our customers operate in
- Effectively work with our partners in the accounting department on receivable management including reporting, tracking and collecting (as needed)
- Effectively work with our partners at Caterpillar to develop and maintain finance programs and other offerings
- Review and approve sales worksheets prior to sales administration personnel invoicing equipment
- Support Financial Sales Manager as needed
Education & Other Requirements
- Bachelor’s degree required with concentration in business or related field preferred
- Minimum of 2-5 years experience in finance, credit, accounting or management preferred
- Strong computer skills including proficiency with using Microsoft Office Suite, specifically Microsoft Excel
- Excellent customer relations, communication, and organizational skills
- Must be able to pass a physical exam and drug screen
Stowers Machinery is fortunate to have served East Tennessee since 1960. East Tennessee is a great place to live, work and raise a family. Stowers is fortunate to represent Caterpillar, the world's leading manufacturer of equipment; a company always striving to meet the demands of changing markets. Stowers is fortunate to have loyal customers who have joined a partnership that is mutually beneficial. And, Stowers is fortunate to have dedicated employees who love this business and are willing to work tirelessly to meet or exceed the customer's expectations.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)