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Portfolio Administrative Analyst - Chicago, United States - Komatsu Brasil International
Description
Portfolio Administrative Analyst (Financing and Leasing)
Komatsu is an indispensable partner to the construction, mining, forestry, forklift, and industrial machinery markets, maximizing value for customers through innovative solutions.
With a diverse line of products supported by our advanced IoT technologies, regional distribution channels, and a global service network, we tap into the power of data and technology to enhance safety and productivity while optimizing performance.
Komatsu supports a myriad of markets, including housing, infrastructure, water, pipeline, minerals, automobile, aerospace, electronics and medical, through its many brands and subsidiaries, including TimberPro, Joy, P&H, Montabert, Modular Mining Systems, Hensley Industries, NTC, and Gigaphoton.
Job Overview
To maintain and safeguard Komatsu Financial' s retail receivables through posting of cash daily, processing and set up of new receivables, i.e.
Scope
Komatsu Financial (KF) provides a wide range of highly competitive retail conditional sale and operating lease financing options to the U.S.
Key Job Responsibilities
Daily processing of new Retail credit applications in U.S. and Canada – consists of funding, set up and booking of the contract in the KF system. Determines and verifies required documents for contract type. Reconciles contract information and terms to approved program terms, following up to correct discrepancies. Researches machine/attachment balances on KF books before proceeds are sent to distributor.
Expected End Result
Completeness and accuracy of required documentation, adherence to current marketing sales rates/programs, completeness and accuracy of contract application set up, preparation of required actions for distributing retail proceeds to open Retail/Wholesale obligations.
Daily processing of loan modification documentation – consists of processing Refinances, Lease Conversions and Renewals, Transfer of Equity and any other applicable documentation.
Completeness and accuracy of required documentation, completeness and accuracy of contract preparation to dispose open retail contract, if applicable.
Provide customer service by prompt response to all internal and external customer/distributor inquiries.
Expected End Result
High level of customer satisfaction by prompt response and absence of complaints, thorough investigation/analysis.
Safeguard company assets through examination of internal controls. Researches and prepares transactions to correct discrepancies.
Expected End Result
Reconciliation of assigned G/L accounts, preparation and submission of adjusting/correcting entries when necessary, reporting discrepancies in daily functions to immediate supervisor/manager.
Expected End Result
Interpretation and explanation of accounting methods and procedures pertaining to the use of Info-Lease, preparation and submission of adjusting/correcting entries when necessary.
College degree BA/BS, Accounting or Finance preferred or equivalent work experience, plus at least six months as Assistant Retail Portfolio Analyst.
How Acquired
Formal education and experience
MS Word & Excel or equivalent, On-line systems
How Acquired
Work Experience
Local, state and federal regulations applicable to retail receivables received during training. Thorough understanding of KAC and KF policies, procedures and programs.
How Acquired
KF experience
Additional Information
Komatsu is an Equal Opportunity Workplace and an Affirmative Action Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Seniority levelSeniority level
Entry level
Employment type
Employment type
Full-time
Job function
Job function
Administrative
Industries
Machinery Manufacturing
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Financial Planning and Analysis Associate
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