Sr. Portfolio Specialist

Wheels, LLC; Schaumburg (IL); On-site; USD 70,000 - 95,000; Full time

Job summary

Wheels, LLC in Schaumburg, IL is seeking a Senior Portfolio Specialist to assist the Manager - Portfolio Management in overseeing Truck Remarketing activities, including billing changes, lease extensions, terminations, and revenue recognition. You will also aid the Finance department with related research on Remarketing transactions.

The role requires a minimum of five years in a business environment, strong Excel skills, and excellent communication and organizational abilities.

Qualifications

• Strong communication (verbal and written) and organizational skills are required.
• Above-average computer and math skills are necessary.
• Proficiency in Microsoft Office Suite, especially Excel, is essential.
• Bachelor's degree preferred; five years in a business environment, ideally financial services.

Responsibilities

• Creates asset close out transactions for all terminated assets.
• Audits aging ad hoc invoice log and follows up with customers on past due invoices.
• Receives payment notices from AR and processes; acts as primary contact for questions.
• Verify termination dates for assets sold on the auction site with Account Manager.
• Process payments for Truck Remarketing to investors and third-party vendors as needed for payoff schedules, repairs and inspection fees.
• Run monthly reports for credits not submitted, suspended units, unpaid invoices, and close-out assets.
• Assist Remarketing Account Managers with sales, buyouts and early termination when needed.
• Provide back-up support to account managers when out of office.
• Respond to emails and phone calls requiring immediate attention.
• Research outstanding credits, ad hoc invoices, lease extensions and stop/resume billing forms as requested.

Skills

Communication skills

Organizational skills

Detail orientation

Math skills

Education

Bachelor's degree

Tools

Microsoft Excel

Microsoft Office

Job description

The Senior Portfolio Specialist will be responsible for assisting the Manager - Portfolio Management - in managing all portfolio activities for the Truck Remarketing department, including but not limited to billing changes, lease extensions, terminations, revenue recognition. Assists in researching outstanding items for the Finance department related to Truck Remarketing transactions.

Key Responsibilities - Essential Functions

• Creates asset close out transactions for all terminated assets
• Audits aging ad hoc invoice log and completes follow up to customers for past due unpaid invoices
• Receives all payment notices from the AR department and process; accordingly and will be primary contact for questions
• Verify with Account Manager the termination dates for all assets sold on the auction site
• Process payments for the Truck Remarketing department to investors and other third-party vendors as needed for payoff schedules, repairs and inspection fees
• Run monthly reports for credit memos not submitted, suspended units, ad hoc invoices submitted not paid and assets to close out to ensure assets are processed in a timely manner
• Other Duties
• Assist Remarketing Account Managers with sales, buyouts and early terminations when needed
• Provide back-up support to account managers when out of office
• Respond to emails and phone calls that need immediate attention
• Research outstanding credits, ad hoc invoices, lease extensions and stop/resume billing forms as requested by manager

Leadership Responsibilities

• This position’s leadership responsibilities involve demonstrating ethics and integrity, developing adaptability, displaying drive and purpose and exhibiting leadership stature.
• Thorough, accurate and works effectively with different systems
• Assumes responsibility and accountability
• Solves problems by demonstrating resourcefulness and creativity
• Ability to juggle competing priorities

Education And Experience

• Bachelor's degree preferred
• At least five (5) years in a business environment, ideally financial services
• Must possess above average computer and math skills
• Efficient in Microsoft Office Suite, specifically Excel
• Strong communication (verbal, written) and organizational skills required
• Must be extremely detail oriented and thorough in completing tasks

JOB SPECIFICATIONS and WORK ENVIRONMENT

• Work Environment: This position is in Schaumburg, Ill OR Alpharetta, GA and operates in a professional office environment
• Position Type/Standard Schedule: This is a full-time position. First 2-weeks of hire are onsite everyday Mon-Friday; After that, in-office 3 days (Tues-Thurs)
• Travel: No travel is expected for this role

DISCLAIMER

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. #LI-KZ1