Valley Bank
Responsibilities include but are not limited to:
Accounts Receivable:
Process the daily lockbox, shadowbox and check receipts from customers into $Dollars Accounts Receivable system. Prepare spreadsheets of daily cash and bank deposit slips. Process and apply all funds to lessees account including ACH, wires, credit cards and specialized payment programs. Process and apply all returned items (NSF). Set up new ACH lease payments for monthly program processing (ACH debits). Process advance ACH payments for new business customers. Investigate any differences between deposit amounts and system receivables. Reconcile daily cash activity per VNB Connect, $Dollars system (leasing product processor) and Sage (G/L). Update and Maintain Account Receivable Policies and Procedures.
Early Terminations & End of Lease Options:
Calculate customer buyout / upgrade / prepayment quotes. Process lease terminations for both system and non-system quotes.
Respond to General Customer Payment Inquiries:
Process customer bills of sale. Correspond with customers regarding address changes or updates to their accounts. Respond to written or verbal accounts receivable inquiries from customers.
Insurance on Contracts:
Will be a primary point of contact between HCC and ALI regarding customer information and contract status. Process ALI insurance imports and exports to HCC $Dollars system 3 times a month. Identify any customer insurance exceptions so forced placed insurance is not required. Reconcile insurance credits and payments.
Required Skills:
Relevant financial experience in the Equipment Finance & Leasing space. Knowledge of Equipment Finance principles. Detailed-oriented with an ability to critically analyze financial data and reports. Self-motivated and able to succeed both independently and as part of a team. Strong written and verbal communication skills. Highly disciplined with attention to detail, accuracy and efficiency. Ability to manage multiple workstreams but be sufficiently nimble to focus energies on most pressing and critical deliverables. Technical experience with Microsoft Office Applications (especially EXCEL) and Lease accounting systems. Required Experience:
High school diploma or equivalent and 3 years related experience and/or training. Preferred Experience:
Bachelor's degree in Business, Accounting or Finance and 5 years of Equipment Finance experience.
Accounts Receivable:
Process the daily lockbox, shadowbox and check receipts from customers into $Dollars Accounts Receivable system. Prepare spreadsheets of daily cash and bank deposit slips. Process and apply all funds to lessees account including ACH, wires, credit cards and specialized payment programs. Process and apply all returned items (NSF). Set up new ACH lease payments for monthly program processing (ACH debits). Process advance ACH payments for new business customers. Investigate any differences between deposit amounts and system receivables. Reconcile daily cash activity per VNB Connect, $Dollars system (leasing product processor) and Sage (G/L). Update and Maintain Account Receivable Policies and Procedures.
Early Terminations & End of Lease Options:
Calculate customer buyout / upgrade / prepayment quotes. Process lease terminations for both system and non-system quotes.
Respond to General Customer Payment Inquiries:
Process customer bills of sale. Correspond with customers regarding address changes or updates to their accounts. Respond to written or verbal accounts receivable inquiries from customers.
Insurance on Contracts:
Will be a primary point of contact between HCC and ALI regarding customer information and contract status. Process ALI insurance imports and exports to HCC $Dollars system 3 times a month. Identify any customer insurance exceptions so forced placed insurance is not required. Reconcile insurance credits and payments.
Required Skills:
Relevant financial experience in the Equipment Finance & Leasing space. Knowledge of Equipment Finance principles. Detailed-oriented with an ability to critically analyze financial data and reports. Self-motivated and able to succeed both independently and as part of a team. Strong written and verbal communication skills. Highly disciplined with attention to detail, accuracy and efficiency. Ability to manage multiple workstreams but be sufficiently nimble to focus energies on most pressing and critical deliverables. Technical experience with Microsoft Office Applications (especially EXCEL) and Lease accounting systems. Required Experience:
High school diploma or equivalent and 3 years related experience and/or training. Preferred Experience:
Bachelor's degree in Business, Accounting or Finance and 5 years of Equipment Finance experience.