Legal Collections Analyst
Company: Herc Rentals Inc.
Location: Bonita Springs
Posted on: November 3, 2018
Herc Rentals is a premier full-line equipment-rental company ? providing our customers the equipment solutions they need to get their work done safely, confidently and cost effectively, while enabling them to conserve capital for their growth investments. With over 50 years of equipment-rental expertise, approximately 4,800 employees with approximately 275 company operated locations, principally in North America. Herc Rentals is a leader in all of the key markets that it serves, including transportation; industrial & manufacturing; oil & gas; government & municipalities; construction, mining, & energy; remediation & restoration; emergency response; facilities; MRO; entertainment; and ground care. We aspire to be the supplier, employer and investment of choice in our industry, with core values that promote a culture built on integrity, respect, teamwork, and accountability. Short Description The primary mission of the Legal Collections Analyst will provide hands-on development of risk models involving market, credit and operational risk, Payment Options to increase Secure Transactions of Accounts Receivable and provide research and analytical support for the Legal Risk Department. This position reports directly to the Legal Services Supervisor, Accounts Receivable with delegated duties such as training and mentoring teams to meet and exceed departmental objectives and goals. Securing Transactions is required when high risk accounts with potential cash flow issues are identified. Excellent negotiation skills and attention to details are required to maximize return with Settlements. Work closely with the Legal Services Supervisor, outside legal counsel/attorneys, and third-party agencies to maximize returns and minimize bad debt. Responsibilities Focus on implementation strategies to enhance Secured Transactions with Payment Plans, Settlements, and other applicable agreements pertaining to Accounts Receivable, including security and protocol for at risk accounts. Provide priority and security efforts to monitor and maintain status of Payment Options with escalated risk customers Work with outside attorneys/agencies to obtain judgments, garnishments, and related remedies for customers in default of Payment Options Provide contractual language expertise relating to documents relating to Accounts Receivables and the construction industry, such as Joint Check Agreements and Sworn Statements Building Risk awareness amongst staff by providing training and mentoring Manage security and recovery portfolio relating to escalated accounts and default customers in AR Meeting the Legal Risk Department's needs for metrics and deliverables Relating to analysis of accounts in slow pay Develop Risk Reporting for Senior Management and Field centered around securing funds Utilize appropriate judgment in releasing/holding orders and possible account suspension Pro-actively work on security interest for the at-risk customers as the risk arises Take proactive measures to address changes regarding financial position of customers Maintain relationships with Internal and External customers to drive efficiencies in processes Requirements Professional Experience 4 Years General Business Experience 2 Years Legal Experience Educational Background Conditions of Employment Skills * Self-starter, Achievement Driver, and ability to multi-task * Experience with Legal matters, Mediation, Negotiations, and Settlement Agreements * Proven Financial Analytical capabilities covering high risks * Advanced skills pertaining to Excel * Strong Sense of Urgency and Customer Focus/ Organizational and Time Management Skills * Excellent Verbal and Written Communication/ Advance Microsoft Excel and Word * Value-Added Business Contributor * Experience with court systems and legal processes If you are looking for an exciting and rewarding career with a growth-oriented company, Herc Rentals is the right place for you! As an industry leader, we offer the opportunity for training, development, and advancement. In addition, we offer highly competitive compensation and benefits package, including a generous vacation program. Apply today to be part of a team built for success! Herc Rentals does not discriminate in employment on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factor. * LI-PostSDL2017
Keywords: Herc Rentals Inc., Bonita Springs , Legal Collections Analyst, Accounting, Auditing , Bonita Springs, Florida
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