Position Summary
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.
Preference will be given to candidates residing in Central or Southern Massachusetts, Connecticut, or Rhode Island, as these locations are the most centrally positioned within the territory and would best support the travel requirements of the role.
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 and up to 2 years of related work experience. The right candidate could also have a different combination, such as 4 years’ experience in a related field without a degree.
- Proficiency with MS Office (Word, Excel, PowerPoint, Outlook).
- Must be able and willing to travel Regional on short notice 75% of the time.
- Extensive driving - must have valid driver’s license.
Preferred Qualifications
- 3+ years auto industry-related experience.
- 1-2 years audit/inspection experience preferred.
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 in the range of $61,200.00 - $91,800.00. 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, and parental leave.
Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship.
EOE, including disability/vets
