Director of Credit and Accounts Receivable - VTRL

Who We Are:

Velocity Truck Rental and Leasing is a rapidly growing, employee and customer focused company, servicing the Commercial Truck Rental and Full-Service Lease markets of California, Arizona, Tennessee, and Alabama. With over 1,600 company trucks in our local markets plus the support of NationaLease across the country we have proven to be a premier partner. Velocity Truck Rental and Leasing is part of the Velocity Vehicle Group family, a premium commercial brand medium to heavy truck dealership that offers the full-service experience for our customers, from an outstanding sales organization to highly skilled technicians to service your vehicle, and on demand parts.

What’s in it for You:

Velocity Truck Rental and Leasing is a fast paced and growing organization that is looking for candidates that are ready for a daily challenge and cannot wait to provide superior customer service both internally and externally. VTRL offers fantastic Culture as well as competitive pay, 401K W/Match, Medical, Dental, & Vision benefits. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work culture!

What You’ll Do:

The Director of Credit and Accounts Receivable is responsible for the overall management of the Credit Department of Velocity Truck Rental and Leasing. This includes setting and achieving goals and objectives related to collections of customer accounts receivable; performing analysis of customer relationships and setting/maintaining appropriate credit line status; overseeing review of and decision on customer credit requests specific to long-term vehicle lease contracts; working in tandem with the sales team on overall strategy specific to client communication and relationships; and providing leadership, mentorship, and overall direction to the department. This role will also focus on utilizing technology to streamline credit and collections processes, improve efficiencies, and support scalable growth.

Essential Duties And Responsibilities

• Leads the Credit team
• Directs team to meet collection goals, measures and reports various collection metrics
• Works with third-party agencies including legal and collection to discuss debt recovery strategies and options
• Exercises credit control, financial analysis, and leadership and sets the overall direction of the team
• Implements proactive processes to improve cash flow and reduce outstanding receivables
• Develops policies specific to customer review, extension of credit lines, risk management, and collections
• Reviews industry-specific insurance regulations and best practices; provides oversight and review of current risk management policies and practices; and develops plans of perpetual improvement in the area of risk
• Oversees negotiation and course of action taken for past due accounts
• Provides day-to-day mentorship and development of the team
• Provides frequent and periodic updates to the CFO on the credit portfolio, current and future risk assessment, and on various department and staff objectives
• Provides periodic updates and reports to the Executive Leadership Team
• Develops key metrics specific to the overall performance of the department
• Utilizes technology to streamline credit and collection processes, enhance reporting capabilities, and drive operational efficiency
• Is active in developing and furthering knowledge specific to the truck leasing and rental industry and various best practices therein
• Other duties as assigned
  
  

Requirements

• Bachelor’s degree required
• 5+ years of experience in the contract lease/rental industry preferred
• 5+ years of Credit/Collections managerial experience
• Knowledge and understanding of finance and commercial insurance (liability and physical damage)
• Strong organizational skills with attention to detail
• Strong communication, problem solving, and analytical skills
• Proficiency in Microsoft Office including Excel and Word
• Experience with Customer Relationship Management software and with D&B a plus
  
  

Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.