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Penske Truck Leasing · 1 month ago

Branch Financial Manager

Cranbury, NJ, United States

Full-time

Onsite

Mid, Senior Level

Penske Truck Leasing is seeking a Branch Financial Manager to lead the administrative processes of their branches, ensuring operational efficiency and profitability. The role involves coaching a team of administrative professionals, overseeing branch analytics, and enhancing financial operations to meet customer satisfaction goals.

Financial ServicesLeasingRental

H1B Sponsor Likely

Responsibilities

Lead and develop team through hiring, training, performance reviews, and check-ins. Provide continuous support and associate development

Develop and sustain consistent processes via cross training that drive process effectiveness and profitability

Reward and recognize team; create an atmosphere of teamwork and camaraderie

Periodically assess branch-staffing requirements with DFM

Perform branch level analyses and reviews in areas such as P&L, contribution report, aged trial balance and other areas. Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of profitability

Knowledge of assigned branch’s operation and its customer is dependent upon a combination of curiosity and healthy skepticism, seek an understanding of a branch’s customer and operation by asking other branch associates what they see as they do their work

Use systems such as ServiceNet or AS400 to understand the operational dynamics for problem solving and process improvement

Collaborate with BSM / BRM and District leadership to drive cross-functional collaboration to improve branch operations in service of the overall district

Improve and sustain a broad range of customer facing and internal branch operational, financial, and administrative processes. Leadership is required for setting expectations to meet desired assigned branches objectives and customer satisfaction goals

Lead customer facing processes such as Billing, receivables management aimed at mitigating bad debt, timely vehicle in/out service, and problem resolution. Ensure Tax and legal compliance for branch operations. (e.g., billed rates fuel tax, licenses and registrations)

Utilize additional reports to supplement and further detail findings identified through P&L review, etc.: the open RA report, receivables, credit assessment, e.g., risk vs. reward, billed rates, fuel, fuel tax compliance, accident reporting, physical inventory, etc. Develop solutions to review with DFM; proceed with action plan

Lead initiative implementation at the branch level, provide consistent execution and adherence to process guidelines

Collaborate with key stakeholders such as corporate Finance and Operations teams (e.g., centralized parts ordering, PM scheduling and other functions) that optimize local field and centralized corporate operations

Supervise the effectiveness of branch maintenance processes including: Parts, tires and fuel inventories. Provide oversight for vehicle Security processes, asset inventory, cash drawer management and associate health and safety processes (e.g., COVID-19 health and safety precaution)

Learn how systems from Service Net to the AS400 connect for understanding the operations dynamics for problem solving and process improvement

Perform Location Operations Reviews with maintenance, rental, and service & admin support to improve and sustain branch performance

Grow organizational capability and a shared responsibility for leadership, integrity and customer-centered performance

Oversight of branch level business planning process and support of district business planning completion as outlined by DM and DFM

Continuous review of plan vs. actual at branch level throughout the year to provide guidance and analytics

Projects and tasks as assigned by District Manager and District Financial Manager

Qualification

Financial analysisProcess improvementTeam leadershipCustomer serviceOperational efficiencyBusiness planningCross-functional collaborationProblem solving

Required

Lead and develop team through hiring, training, performance reviews, and check-ins

Provide continuous support and associate development

Develop and sustain consistent processes via cross training that drive process effectiveness and profitability

Reward and recognize team; create an atmosphere of teamwork and camaraderie

Periodically assess branch-staffing requirements with DFM

Perform branch level analyses and reviews in areas such as P&L, contribution report, aged trial balance and other areas

Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of profitability

Knowledge of assigned branch's operation and its customer is dependent upon a combination of curiosity and healthy skepticism

Use systems such as ServiceNet or AS400 to understand the operational dynamics for problem solving and process improvement

Collaborate with BSM / BRM and District leadership to drive cross-functional collaboration to improve branch operations in service of the overall district

Improve and sustain a broad range of customer facing and internal branch operational, financial, and administrative processes

Leadership is required for setting expectations to meet desired assigned branches objectives and customer satisfaction goals

Lead customer facing processes such as Billing, receivables management aimed at mitigating bad debt, timely vehicle in/out service, and problem resolution

Ensure Tax and legal compliance for branch operations

Utilize additional reports to supplement and further detail findings identified through P&L review

Develop solutions to review with DFM; proceed with action plan

Lead initiative implementation at the branch level, provide consistent execution and adherence to process guidelines

Collaborate with key stakeholders such as corporate Finance and Operations teams

Supervise the effectiveness of branch maintenance processes including: Parts, tires and fuel inventories

Provide oversight for vehicle Security processes, asset inventory, cash drawer management and associate health and safety processes

Learn how systems from Service Net to the AS400 connect for understanding the operations dynamics for problem solving and process improvement

Perform Location Operations Reviews with maintenance, rental, and service & admin support to improve and sustain branch performance

Grow organizational capability and a shared responsibility for leadership, integrity and customer-centered performance

Oversight of branch level business planning process and support of district business planning completion as outlined by DM and DFM

Continuous review of plan vs. actual at branch level throughout the year to provide guidance and analytics

Projects and tasks as assigned by District Manager and District Financial Manager

Company

Penske Truck Leasing

Penske Truck Leasing is a transportation solutions company that offers truck leasing, rental, and logistics services.

Founded in 1969

Reading, Pennsylvania, USA

10001+ employees

https://www.pensketruckleasing.com

H1B Sponsorship

Penske Truck Leasing has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (57)

2024 (53)

2023 (49)

2022 (39)

2021 (17)

2020 (12)