Capital Sales - Mgr, Deal Flp Reg Sales
ACV Auctions · Camden, NJ · 3 days ago
Business Development$36k/yrFull-time
About the role
The ACV Dealer Floorplan Regional Sales Manager (RSM) is an outside sales position designed for individuals with a proven track record in the auto or financial service industry. This role requires a strong commitment to developing new business within a defined territory, working closely with the Floorplan Director and Territory Managers to achieve target volumes in new applications, signed contracts, and activations.
Responsibilities
- Develop and execute an aggressive sales plan within a defined market
- Proactively prospect and follow up with leads, referrals, and existing accounts
- Ensure continuous follow-up during on-boarding processes
- Service accounts in person and via phone, addressing customer issues and seeking growth opportunities
- Utilize Salesforce on a daily basis for reporting and tracking purposes
- Hit target levels in new applications, signed contracts, and line activations
- Manage multiple priorities within tight timeframes while maintaining attention to detail
- Communicate with internal management, regional sales managers, and territory managers to resolve credit or audit-related issues
- Ensure compliance in completing all assigned transactions accurately and in a timely manner
- Confirm all required supporting documentation per account is properly executed to secure corporate interest
- Collaborate with the management team to develop acceptable financial and ROI levels enabling the business to meet net income and other business targets
- Analyze risk vs. benefits on accounts of a competitive nature
- Proficient in identifying and managing a default situation
- (SOT) Collect data on default accounts to assist management in developing metrics for effective decision-making
Requirements
- 4 Year / Bachelors Degree - Business, Accounting, or Finance required
- 3 years Prior work experience in Auto or Financial service industry
- Working knowledge in various inventory finance software programs
- Experienced in the analysis of Automobile Dealer Financial statements, Tax returns, PFS and various other Finance & Banking Statements
- Experienced in using a CRM software (preferably Salesforce) to maintain and plan sales pipeline
- Experienced Sales Manager in developing new territories in the Dealer Floorplan Industry
- Self Starter with the drive and organizational skills to effectively cover a large geographic territory
- Ability to conduct an initial underwriting of potential customer prior to submitting an application
- Working knowledge of Business Accounting/Financial Statement concepts, procedures and process used in the automotive commercial industry
- Ability to perform high-level financial analysis utilizing the customer’s Tax returns, personal financial statements, CPA Audited, Reviewed and Dealer Prepared business financial statements for accounts that require a credit facility
- Knowledge of business documentation including Sole Proprietorships, S-Corps, C-Corps, Partnerships and Limited Liability Corporations
- Holding Companies, etc.
- Strong knowledge of legal document preparation, including lease and loan documentation, security perfection, researching and documenting corporate information and statutes, corporate by-laws, signature authority protocol, etc.
- Ability to research and analyze UCC filings to determine collateral positioning of all filers and its effect on account risk
- Ability to analyze variances and trends to determine changes in key business metrics vs expectations and review with leadership team
- Proficiency with Microsoft Office Suite including Word, Excel, PowerPoint and Outlook, Google, Salesforce, etc. or comparable software application
- Skills that can communicate both written and oral across multi-functional groups to ensure results
Benefits
At ACV, we offer a comprehensive benefits package that includes:
- Multiple medical plans including a high deductible, low-cost health plan
- Company-sponsored (paid) Short-Term Disability, Long-Term Disability, and Life Insurance
- Comprehensive optional benefits such as Dental, Vision, Supplemental Life/AD&D, Legal/ID Protection, and Accident and Critical Illness Insurance
- Generous paid time off options, including uncapped vacation days, the greater of 3 paid sick days or in accordance with the applicable state or local paid sick leave law, 6 paid company holidays, 2 floating holidays, parental leave, bereavement leave, jury duty leave, voting leave, and other forms of paid leave as required by applicable law or regulation
- Employee Stock Purchase Program with additional opportunities