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End of Lease Specialist

Company: Coretech Leasing
Location: Newport Beach
Posted on: May 22, 2023

Job Description:

As an End of Lease Portfolio Specialist, you will report to the SVP of Portfolio & Remarketing and will work closely with all departments in our dynamic organization. The End of Lease Specialist will be responsible for many facets of the end-of-lease and asset management process, including making sure that all customer end of lease responsibilities are met, maximizing company returns on leased assets while providing a positive client experience throughout the process. Requirements BS or BA degree or equivalent asset and equipment management experienceBasic knowledge of and an ability to research computer, medical, material handling and other equipment types2+ years' experience in equipment leasing, asset management, or related fieldStrong organizational and project management skills, including the ability to manage multiple end-of-lease activities simultaneouslyExcellent written and verbal communication, interpersonal, and negotiation skillsStrong analytical and problem-solving skills, with the ability to identify and address issues related to customer requests and equipment returnsWorking knowledge of lease agreements and end-of-lease processes, including end-of- lease invoicing requests, equipment buyouts and extensions, and sale of off-lease equipmentProficient with Microsoft Office, including Excel, with the ability to do net present value calculations and experience working with databases Responsibilities Working closely with Client Experience/Administration, Account Management/Sales andour Leadership teams to ensure customer satisfaction through the entire End of leaseprocess Review lease agreements, understand and provide end of lease options, coordinate and have end of lease discussions with clients Proactively identify opportunities throughout individual leases' lifecycles where end oflease options and refinancing for clients can provide a positive impact for both clients and CoreTech Ensure clients understand and meet their obligations, including the timely return of equipment, payment of any remainder amounts due and resolution of any matters that are part of the end-of-lease process including returns, equipment impairments, extension rent and buyouts Coordinate equipment returns, testing and evaluations, and review any impairment or excess usage charges on audit and settlement reports Track and timely update asset dispositions in the company asset management system Work with equipment return and remarketing companies to maximize returned asset values Interface with customers on equipment condition and recommend repairs or maintenance prior to return to minimize impaired equipment and maximize return on leased assets Calculate end-of-lease impairment and usage charges, including excess wear and tear or mileage/usage fees, and work with customers Develop and maintain relationships with key stakeholders, including lessees and third- party service providers Monitor and report on end-of-lease activity and performance, including lease terminations, equipment returns, sales and lease extensions, including financial results Report to Treasury team on assets that remain in the portfolio for property tax and financial reporting Compensation and Benefits CoreTech offers a base salary, comprehensive benefits, and one of the best compensation plans in the industry. Employer-paid health insurance Paid lunch on Tuesdays Generous cell phone and internet stipend About the Company CoreTech Leasing is a premier independent technology and equipment lessor founded on 25+years of lease and financing expertise. We exemplify industry best practices, are widelyregarded for our 'gold standard' master lease agreement and deliver unsurpassed customerservice. We are seeking high caliber sales representatives who are ambitious for an opportunity to growand advance their career with a respected equipment finance company. We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

Keywords: Coretech Leasing, Newport Beach , End of Lease Specialist, Accounting, Auditing , Newport Beach, California

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