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Penske Truck Leasing · 16 hours ago

Branch Financial Manager

Cranbury, NJ

Full-time

Onsite

Entry, Mid Level

$55K/yr - $73K/yr

2+ years exp

Penske Truck Leasing is a premier global transportation provider, and they are seeking a Branch Financial Manager to lead administrative processes that support operational efficiency and profitability. The role involves coaching a team, overseeing financial operations, and ensuring customer satisfaction while collaborating with district leadership.

Financial ServicesLeasingRental

H1B Sponsor Likely

Responsibilities

Lead and develop team through hiring, training, performance reviews, and check-ins. Provide continuous support and associate development

Develop and sustain consistent processes via cross training that drive process effectiveness and profitability

Reward and recognize team; create an atmosphere of teamwork and camaraderie

Periodically assess branch-staffing requirements with DFM

Perform branch level analyses and reviews in areas such as P&L, contribution report, aged trial balance and other areas. Investigate and recommend solutions and/or guidance to issues posing a risk to the drivers of profitability

Knowledge of assigned branch’s operation and its customer is dependent upon a combination of curiosity and healthy skepticism, seek an understanding of a branch’s customer and operation by asking other branch associates what they see as they do their work

Use systems such as ServiceNet or AS400 to understand the operational dynamics for problem solving and process improvement

Collaborate with BSM / BRM and District leadership to drive cross-functional collaboration to improve branch operations in service of the overall district

Improve and sustain a broad range of customer facing and internal branch operational, financial, and administrative processes. Leadership is required for setting expectations to meet desired assigned branches objectives and customer satisfaction goals

Lead customer facing processes such as Billing, receivables management aimed at mitigating bad debt, timely vehicle in/out service, and problem resolution. Ensure Tax and legal compliance for branch operations. (e.g., billed rates fuel tax, licenses and registrations)

Utilize additional reports to supplement and further detail findings identified through P&L review, etc.: the open RA report, receivables, credit assessment, e.g., risk vs. reward, billed rates, fuel, fuel tax compliance, accident reporting, physical inventory, etc. Develop solutions to review with DFM; proceed with action plan

Lead initiative implementation at the branch level, provide consistent execution and adherence to process guidelines

Collaborate with key stakeholders such as corporate Finance and Operations teams (e.g., centralized parts ordering, PM scheduling and other functions) that optimize local field and centralized corporate operations

Supervise the effectiveness of branch maintenance processes including: Parts, tires and fuel inventories. Provide oversight for vehicle Security processes, asset inventory, cash drawer management and associate health and safety processes (e.g., COVID-19 health and safety precaution)

Learn how systems from Service Net to the AS400 connect for understanding the operations dynamics for problem solving and process improvement

Perform Location Operations Reviews with maintenance, rental, and service & admin support to improve and sustain branch performance

Grow organizational capability and a shared responsibility for leadership, integrity and customer-centered performance

Oversight of branch level business planning process and support of district business planning completion as outlined by DM and DFM

Continuous review of plan vs. actual at branch level throughout the year to provide guidance and analytics

Projects and tasks as assigned by District Manager and District Financial Manager

Qualification

Financial OperationsP&L ReportingTeam LeadershipCustomer ServiceAdvanced Computer SkillsAgile LearnerInterpersonal SkillsCommunication Skills

Required

High school diploma or equivalent required

Interpersonal and relationship building skills with an ability to lead and develop branch teams

Competent written and verbal communication skills with an ability to present branch problems, causes, and a time bound corrective action plans to DFM, DM, district and branch leadership

2 years+ experience in customer service and operations experience

Agile and quick learner, enjoys collaborative projects and continuous education

Advanced computer skills including Microsoft Word, Excel, Outlook and PowerPoint required

Regular, predictable, full attendance is an essential function of the job

Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required

Preferred

Bachelor's degree (Finance or Business concentration)

Profit and Loss (P&L) reporting experience

Benefits

Our excellent benefits plan keep associates and their families happy, healthy and secure.

Company

Penske Truck Leasing

Penske Truck Leasing is a transportation solutions company that offers truck leasing, rental, and logistics services.

Founded in 1969

Reading, Pennsylvania, USA

10001+ employees

https://www.pensketruckleasing.com

H1B Sponsorship

Penske Truck Leasing has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (57)

2024 (53)

2023 (49)

2022 (39)

2021 (17)

2020 (12)