Operations Manager – Asset Funding at BHBW South Africa Proprietary Limited

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)