Inside the Role
Perform on-site financial reviews and operational reviews of dealerships and fleet customers for Daimler Truck Financial Services in order to provide an independent evaluation of the audit subjects’ balance sheet and overall operations for lending purposes. The audits are conducted to determine the integrity of the customers financial reporting, the effectiveness of policies and procedures, and the security of Daimler Truck Financial Services' collateral interest. Provide feedback of potential problem areas, such as internal control weaknesses, undercapitalization, and inaccurate financial statements.Posting Information
We provide a scheduled posting end date to assist our candidates with their application planning. While this date reflects our latest plans, it is subject to change, and postings may be extended or removed earlier than expected.
We Take Care of Our Team
Travel Requirement - 75%
Pay offered dependent on knowledge, skills, and experience.
Benefits include an annual bonus program; Pension retirement program with company contribution of 8% for wages, commissions, and bonus (combined with a 10% employee contribution limit); 4 weeks paid vacation to start (vacation entitlement increases with service); 13+ calendar holidays; Parental leave top-up to 80% (standard) and 55% (extended); Healthcare plan; Life insurance plan (company paid with additional options); Short-Term and Long-Term Disability program.
What You Drive at DTFS
Lead and perform on-site Limited Financial Reviews (LFR), Financial Review and Analysis (FRA), and Bank Cut-Off (BCO) financial audits of dealerships and fleet trucking customers’ balance sheets in accordance with Generally Accepted Accounting Principles (GAAP), with emphasis on working capital, net worth, and net cash & vehicle equity.
Evaluate accuracy of accounting entries and adequacy of internal control systems, operating policies, and procedures.
Perform Pledge & Lease Line Audits of Daimler Truck Financial (DTF) customers to evaluate adequacy of internal control systems, operating policies, procedures, and compliance with DTF loan requirements.
Prepare audit reports detailing relevant audit findings and present to internal credit management as well as dealership/fleet management.
Prepare engagement letters to be sent to the dealers or fleet customers and perform the on-site inventory audit.
Determine the overall financial condition of the dealership/fleet customer at the time of the review by confirming net worth and working capital.
Provide customer with useful insights into the dealership’s financial activities and ultimately attest to the dealership’s ability to meet its outstanding financial obligations, as well as to obtain early warnings of potential problem areas, such as undercapitalization and inaccurate financial statements.
Participate in department projects and other duties as required.
Knowledge You Should Bring
BS/BA and prefer 2-4 years of relevant experience or 6
years of relevant experience in lieu of degree.
1 year of Accounting experience; or 2 years of Financial Audit experience.
Ability to speak, read, and write in English and French required.
Thorough understanding of accounting principles, especially GAAP.
Ability to collect data and establish facts and identify trends and variances.
Ability to integrate information from a variety of sources with varied levels of complexity.
Proficient in Microsoft Word and Excel.
Comfortable communicating complex information clearly and effectively across diverse audiences.
Exceptional Candidates Might Have
3 years of work experience in Dealer Credit or Fleet Credit.
Where We Work
This position is open to applicants who can work in (or relocate to) the following location(s)-
Mississauga, ON CA. Relocation assistance is not available for this position.Schedule Type:
RemoteDaimler Truck Financial is the captive financial services provider for the Daimler Trucks North America family of commercial vehicle products, including Freightliner Trucks, Western Star, SelecTrucks, Sprinter Vans, Thomas Built Buses and Fuso. We have specialized in financing commercial vehicles for more than 40 years. This proven experience gives us critical insights into helping businesses overcome challenges unique to the trucking industry. Additionally, we offer a range of financing solutions that can be customized to meet each individual business's needs, from owner-operators to large fleet managers and nearly every venture in-between.
To achieve our goal of being the first-choice provider of vehicle financial products and services that support our brands, dealers and customers, we are looking for talented, diverse and inspired people with the skills, experience and innovative spirit to provide a first-class experience at every turn. We are committed to providing a great workplace environment that fosters a culture of openness, support and camaraderie. Our employee programs and benefits are reflective of our values and are designed to promote growth, balance and wellness in many aspects of your career and life.
Additional Information
Applicants must be legally authorized to work permanently in the country of posting
Final candidate must successfully complete a criminal background check
Contractors, professional services, or other contingent workers should confirm with their local agency if they are eligible to apply for FTE positions
EEO - Disabled/Veterans
Daimler Truck Financial Services is committed to workforce inclusion and providing an environment where equal employment opportunities are available to all applicants and employees without regard to race, color, sex (including pregnancy), religion, national origin, age, marital status, family relationship, disability, sexual orientation, gender identity and expression (including transgender and transitioning status), genetic information, or veteran status.
For an accommodation or special assistance with applying for a posted position, please contact our Human Resources department at 503-745-8982 or toll free 800-206-3369. For TTY/TDD enabled call 503-745-2137 or toll free 866-355-6935
