Job Description

Inventory Manager

Why This Inventory Manager Opportunity?

• 401k 4.5% match.
• Gym reimbursement
• $1B in assets, consistently growing through acquisitions!
• 3 weeks PTO.
• Remote position with minimal domestic travel.

Responsibilities of Inventory Manager:

• Collaborate with Management to develop and implement new processes, sales avenues, vendor relationships, and strategies to improve remarketing efficiency and increase sales that can be used as a remarketing service provider for other lenders / businesses.
• Manage the efforts to promote, market and effectively sell any used, repossessed or off lease vehicles upon taking possession. The management of these vehicles can include direct sales to dealers, retail, auctions, or other potential buyers. Confirm and identify buyers as "end users" or "dealers" by obtaining licenses and resale certificates or by charging the applicable sales tax. Return calls and emails regarding asset inquiries from various means of advertising such as: corporate website, machinery trader, truck paper, email/fax blasts, direct mailings, and the newly created sales avenues. Perform follow up for photos, condition reports and reconditioning estimates adhering to a 2-week deadline from inventory date and ensuring completeness and accuracy. Update the Asset Management inventory website with the condition reports and pictures obtained. Perform ongoing maintenance to the site to ensure that the information is current and accurate.
• Update repossessed assets in Asset Management database and IL10 for tracking.
• Follow up with dealers on the condition reports and pictures of our repossessed assets and coordinate the same with outside agencies when necessary.
• Update Asset Management Website and any other sales avenues with the condition reports and pictures obtained, while maintaining each to ensure that the information is the most current and accurate.
• Track and manage all repossessed and off-lease inventory.
• Ensure that all inventoried collateral is sale-ready within 30 days of being repossessed.
• Remarket inventoried assets by soliciting offers from dealers and prospective third-party buyers, through direct contact and our various remarketing avenues.
• Follow for the return of off-lease collateral, refinance requests, and/or repossession requests, when necessary, along with the disposal of any end of lease assets.
• Assist with overflow customer service calls, welcome calls and title follow up when time allows.
• Provide used truck evaluations within the appropriate SLA limits on retail credit, collections and wholesale used collateral transactions upon request by management, credit analysts and other applicable personnel.
• Leverage Black Book, auction results, equipment periodicals and historical sales data.
• Work with Associate Director and team to routinely review and update the consistent and repeatable valuation model.

Preferred Experience of Inventory Manager:

• BA/BS in Business, Communications, or Finance preferred or equivalent experience.
• 2+ years of related job experience.
• Bi-lingual is a plus!
• Strong communication skills.

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