Field Inventory Auditor, NextGear Capital (Chicago, IL territory)

Overview

This role serves the Central Chicago, Illinois market and focuses on conducting physical and financial audit work for NextGear Capital’s Risk organization. The Field Inventory Auditor supports client-facing Operations team members who manage a portfolio of dealer accounts.

The position requires a composed, customer-service oriented professional who assesses the risk of a client’s business health through physical and financial audits, including reviewing sales documentation, inventory audit results, and dealership staff behaviors. Results are delivered in written, visual, and sometimes verbal form to Operations, Risk, and Senior Leadership.

Responsibilities

• Once on-site, quickly establish rapport with dealers to achieve a comprehensive risk assessment; assessment may require visits to multiple dealer locations, auctions, repair shops, etc.
• Investigate, observe, and document dealership processes and practices and identify risks.
• Inspect collateral through lot and title audits to determine dealers’ equity and business health for underwriting purposes.
• Verify inventory in market share conversion of $500,000+ to mitigate risk while growing the NextGear Capital portfolio.
• Present a summary of findings to the dealer and take appropriate next steps, such as re-educating dealers on contract requirements, reviewing inventory trends, collecting payments, and obtaining additional documentation as needed.
• Assist the Recovery team with repossessions by collecting the collateral keys from the dealer, securing the collateral inventory, arranging the transportation of collateral to auction, and monitoring daily funding receivables from the dealership (repo audit, location audit).

Requirements

• Bachelor’s Degree in Finance, Business Administration, or related field. The right candidate could also have a different combination, such as 4 years’ experience in a related field.
• Proficiency with MS Office (Word, Excel, PowerPoint, Outlook).
• Must be able and willing to travel Regional on short notice 75% of the time.
• Must have a valid driver’s license.

Preferred Qualifications

• 3+ years auto industry-related experience.
• Ability to speak Spanish preferred.
• 1-2 years audit/inspection experience preferred.
• Extensive driving; must have valid driver’s license.

Compensation & Benefits

• Base salary range: $61,200.00 - $91,800.00
• Base salary may vary within the anticipated base pay range based on the ultimate location of the position and the selected candidate’s knowledge, skills, and abilities.
• Position may be eligible for additional compensation that may include an incentive program.
• Eligible benefits may include:
  • Flexibility to take as much vacation with pay as consistent with duties, company needs, and obligations
  • Seven paid holidays throughout the calendar year
  • Up to 160 hours of paid wellness annually for the employee’s own wellness or that of family members
  • Additional paid time off: bereavement leave, time off to vote, jury duty leave, volunteer time off, military leave, and parental leave

Location

• Central Chicago, Illinois market
• Flexible work option: can work remotely but need to live in the specified city, state, or region.

Work Schedule & Travel

• Travel percentage: Yes 100% of the time
• Work shift: Day
• Travel approximately 100% of the work month (Vehicle & Gas Card provided)
• Air travel may be possible 10% of work month

Physical Demands & Work Environment

• Walking for extended periods
• Sitting and standing for extended periods
• Computer work
• Occasional bending and lifting
• Driving requires a valid driver’s license
• Outside environment on car dealership lots

Drug Testing

• Pre-employment drug test required for employment.
• The employer does not currently administer a pre-employment drug test for marijuana for this position; however, the workplace is drug-free and prohibits possession, use, or being under the influence of drugs illegal under federal or state law during work hours, on company property, and/or in company vehicles.

Work Authorization

Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship. No OPT, CPT, STEM/OPT or visa sponsorship now or in future.

Equal Employment Opportunity

The employer provides equal employment opportunity to all qualified applicants and employees and provides reasonable accommodations to qualified applicants and employees with disabilities, unless doing so would cause undue hardship.