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R202452094

Field Inventory Auditor

  • Full time, Day
  • Travel: Yes 100% of the time

Job Category: Finance

Job Level: Individual Contributor

Division: Cox Automotive

Location:

  • Remote-Pennsylvania-110
  • Remote - New Jersey
  • Remote - Delaware
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Description

The Field Inventory Auditor is responsible for conducting and delivering physical audit and results for NextGear Capital’s Risk organization while supporting the client-facing Operations team members who manage NextGear Capital’s portfolio of dealer accounts. This position requires a curious and composed professional who demonstrates the ability to deliver exceptional customer service while assessing the risk of a client’s business health by conducting physical and financial audits.


A strong ability to assess risk through the understanding of sales documentation, physical inventory audit results, and identifying concerning behaviors of the dealership staff. The Field Inventory Auditor I is responsible for delivering these results in written, visual, and sometimes verbal form to Operations, Risk, and Senior Leadership. They often interact with our clients to resolve outstanding audit items such as missing financial information, missing inventory.

Responsibilities

  • Once on-site, quickly establish rapport with dealers in effort to achieve a comprehensive risk assessment.  Assessment may require visits to multiple dealer locations, auctions, repair shops, etc.
  • Investigate, observe, and document dealership processes and practices and identify risks. 
  • Inspect collateral through lot and title audits and determine dealers’ equity and business health for underwriting purposes.
  • Verify inventory in market share conversion of $500,000+ to mitigate risk while growing the NextGear Capital portfolio.
  • Present a summary of findings to the dealer and take appropriate next steps such as re-educating dealers on contract requirements, reviewing inventory trends, collecting payments, and obtaining additional documentation as needed.
  • Assist Recovery team with repossessions by collecting the collateral keys from the dealer, securing the collateral inventory, arranging the transportation of collateral to auction, and monitoring daily funding receivables from the dealership. Repo audit, location audit.

Job Knowledge, Skills and Abilities

  • Establishes key priorities, focusing on significant problems/opportunities with the greatest risk.
  • Ability to use independent judgement and decision making to assess a situation and make recommendations based on observations, collected information and deduction.
  • Strong communication skills – able to verbally communicate information clearly, concisely, logically, and with confidence while actively listening by summarizing key points to clarify own understanding.
  • Demonstrates ability to manage the details of multiple work activities concurrently within the time allocated to the work assigned.
  • Accomplishes goals through adequate preparation, organization, process workflow, timeline, and clear expectations.
  • Easily able to establish rapport and trust among colleagues and clients to work productively with people of diverse functional expertise and backgrounds.
  • Ability to remain calm and professional in a potentially unpleasant and/or aggressive field work environment which includes the ability to adapt to heat, cold, rain, sleet, and other inclement weather conditions.

Requirements

  • Bachelor’s Degree in Finance, Business Administration, or related field.  The right candidate could also have a different combination, such as 4 years’ experience in a related field.
  • Proficiency with MS Office (Word, Excel, PowerPoint, Outlook).
  • Must be able and willing to travel within assigned region on short notice 75%+ of the time.
  • Must have a valid driver’s license.

Preferred Qualifications

  • 3+ years auto industry-related experience.
  • Ability to speak Spanish preferred.
  • 1-2 years audit/inspection experience preferred.
  • Extensive driving - must have valid driver’s license.

Physical Demands

  • Walking for extended period.
  • Sitting, standing for extended periods of time.
  • Computer work.
  • Occasional bending, lifting.
  • Driving - must have valid driver’s license.
  • Travel - must be able to travel.

Work Environment

  • Travel approximately 100% of work month (Vehicle stipend provided).
  • Outside environment on car dealership lots.
  • Air travel may be possible 10% of work month.

Drug Testing:

To be employed in this role, you'll need to clear a pre-employment drug test. Cox Automotive does not currently administer a pre-employment drug test for marijuana for this position. However, we are a drug-free workplace, so the possession, use or being under the influence of drugs illegal under federal or state law during work hours, on company property and/or in company vehicles is prohibited.

Compensation:

Compensation includes a base salary of $58,500.00 - $87,800.00. The base salary may vary within the anticipated base pay range based on factors such as the ultimate location of the position and the selected candidate’s knowledge, skills, and abilities. Position may be eligible for additional compensation that may include an incentive program.

Benefits:

The Company offers eligible employees the flexibility to take as much vacation with pay as they deem consistent with their duties, the company’s needs, and its obligations; seven paid holidays throughout the calendar year; and up to 160 hours of paid wellness annually for their own wellness or that of family members. Employees are also eligible for additional paid time off in the form of bereavement leave, time off to vote, jury duty leave, volunteer time off, military leave, parental leave, and COVID-19 vaccination leave.

About Cox Automotive

At Cox Automotive, people of every background are driven by their passion for mobility, innovation and community. We transform the way the world buys, sells, owns and uses cars, accelerating the industry with global powerhouse brands like Autotrader, Kelley Blue Book, Manheim and more. What’s more, we do it all with an emphasis on employee growth and happiness. Drive your future forward and join Cox Automotive today! 

About Cox

Cox empowers employees to build a better future and has been doing so for over 120 years. With exciting investments and innovations across transportation, communications, cleantech and healthcare, our family of businesses – which includes Cox Automotive and Cox Communications – is forging a better future for us all. Ready to make your mark? Join us today! 

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Benefits of working at Cox may include health care insurance (medical, dental, vision), retirement planning (401(k)), and paid days off (sick leave, parental leave, flexible vacation/wellness days, and/or PTO). For more details on what benefits you may be offered, visit our benefits page.

Cox is an Equal Employment Opportunity employer - All qualified applicants/employees will receive consideration for employment without regard to that individual’s age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law. Cox provides reasonable accommodations when requested by a qualified applicant or employee with disability, unless such accommodations would cause an undue hardship.

Statement to ALL Third-Party Agencies and Similar Organizations: Cox accepts resumes only from agencies with which we formally engage their services. Please do not forward resumes to our applicant tracking system, Cox employees, Cox hiring manager, or send to any Cox facility. Cox is not responsible for any fees or charges associated with unsolicited resumes.

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