Job Description

Title: Inventory Audit Specialist

Location: Remote, United States EST

C: 14.31

Full time

Location: 100% Remote – US (Preferably EST)

Who We Are:

We fuel the entrepreneurial dream in our community. For more than 30 years, we’ve been committed to making dreams come true for independent car dealers. AFC’s finance solutions provide liquidity to more than 12,000 independent dealerships across North America freeing up cash flow to give them more time to focus on building their business. Our solutions amplify dealers’ purchasing power so they can stock their dealership lot with vehicles their customers seek.

With our people-first culture, AFC believes in creating an environment where team members look forward to work each day. AFC is committed to helping each team member develop their own career dream. With cross-team and cross-KAR company development opportunities, team members are able to pursue any position of interest.

What We Offer:

With our people-first culture, AFC believes in creating an environment where team members look forward to work each day. AFC is committed to helping each team member develop their career path with cross-team and cross-company development opportunities. We offer:

  • Employee focused approach
  • Competitive Salary
  • Strong Bonus Opportunity
  • Front Loaded Vacation, Personal, and Sick Paid Time Off
  • 401(k) w. Company Match
  • Medical, Dental, and Vision Insurance with Health Savings Account and Flexible Spending Account options
  • Holiday Pay
  • Wellness Program
  • Employee Assistance Program
  • Disability, life, and AD&D Insurance
  • Employee Stock Purchasing Program

We’re looking for:

AFC is seeking an individual who elevates relationships while assisting the AFC Branch locations in delivering our financial services to customers (dealers). This individual’s core responsibility is to identify and communicate dealer risk issues and trends through the reconciliation of Dealer floorplan audits. During this process, the Inventory Audit Specialist is the primary contact for AFC customers and Field teams for reconciling assigned audits. They will also be responsible for contacting third parties, such as auctions, service shops and finance companies, to determine the disposition of AFC floorplanned units. The Inventory Audit Specialist will evaluate and communicate audit findings and performance to AFC Risk Management and Field teams while assisting them in determining action plans to rehabilitate unsatisfactory performance where necessary.

Your impact:

As an Inventory Lot Audit Specialist you’ll:

  • Develop a thorough understanding of AFC policies, processes and procedures relative to the Dealer Floorplan Audit process.
  • Support AFC Risk Mitigation by communicating daily with AFC customers, third parties and AFC personnel to reconcile dealer floorplan audits, including regular follow up to determine the disposition of unverified and sold units identified from lot audits.
  • Document and store relevant and accurate audit findings, audit-related documentation and information in AFC applications, including Revoquest, PAW, COSMOS and Sales Force.
  • Regularly utilize AFC dealer reporting tools (i.e. Tableau, PAW, RADAR) during the audit reconciliation process to identify and report risk issue indicators to Corporate Risk staff and Field Teams.
  • Communicate potential problematic account situations to audit team management, Corporate Risk staff and Field Teams in a timely manner. Assist in developing a coordinated response to help resolve the dealer risk issues identified through the audit process.
  • Communicate audit process feedback and expectations to internal and external customers to help improve performance and compliance with AFC policies with the focus on prompt, accurate, and courteous service. Provide feedback to audit team management on trends relating to AFC audit process and policy.
  • Identify and document any issues with sub-contractors who perform the Auditing in the US and Canada, and escalate to management as appropriate
  • Assist in the training of new and existing staff on AFC audit policy and procedures.
  • Use spreadsheets and other automated or manual processes to prepare required documentation and reports.
  • Travel and other duties as needed and/or assigned.

Educational Requirements & Qualifications:

  • Bi-lingual, English/Spanish OR English/French Highly Preferred
  • One (1) to three (3) years of relevant experience required. At least one (1) year of collection experience preferred.
  • Familiarity with concepts, procedures and processes typically used in automotive and financial services industries.
  • Preparation or review of documents and reports using Microsoft Office based products, Customer Relationship Management (CRM) tools and internal work queues are major components of the position.
  • Good organizational, clerical and verbal communication skills.
  • Proficient in Microsoft Excel, Word, and Outlook. Ability to use Microsoft Excel, Word, and Outlook along with internet.
  • Motor vehicle operator (required); notary (desired). Occasional local travel.

APPLY HERE