Lease Pricing Manager Job

Job Title: Lease Pricing Manager

Company Information

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced diesel engines and also provides customized financial services, information technology and truck parts related to its principal business.

Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services — you can develop the career you desire with PACCAR. Get started!

Division Information

PACCAR Leasing, a PACCAR division, was founded in 1980 to provide premium Kenworth and Peterbilt vehicles to leasing and rental customers. PacLease is one of the fastest-growing commercial truck leasing companies in the transportation industry. With independent and company-owned locations throughout the United States and Canada, PacLease provides customized full-service lease, rental, and contract maintenance programs designed to meet your specific fleet needs.

Requisition Summary:

This individual will have responsibility for pricing PLC’s finance products, finding solutions for securing business and creating a competitive advantage for PLC.  This individual must be able to make judgment calls in the structuring of a lease, ensuring that accounting, tax, and legal guidelines are maintained.  The decisions made will have a direct impact on PLC and PACCAR’s profitability. 

Job Functions / Responsibilities

• Manage lease and VIP (loan) pricing methodology and transaction specific pricing, to increase PLC’s profitability while allowing franchises to increase sales and be competitive in the marketplace.
• Maintain and manage tools to allow the franchises, company stores, and PLC sales staff to price their own leases.  Product owner for proprietary pricing software.
• Improve sales productivity through training of franchises and PLC sales staff.
• Perform ad hoc financial analysis as requested by PLC senior management.
• Manage reporting and compliance on lease franchise credit facilities.
• Cross-train and act as backup for Contract Administration functions.
• Other duties as assigned.

Required Qualifications

• Four plus years in truck rental/leasing industry or related area
• Bachelor’s degree in business (Finance/Accounting preferred)
• Comfortable with financial analysis, particularly lease/finance calculations
• Strong verbal and written communication skills, effective time management, and strong customer service orientation
• Must be able to work with PLC Management as well as franchise/dealer personnel at all levels to develop and offer solutions, in oftentimes complex situations.
• Ability to work independently and make rational decisions on their own based on knowledge of leasing and PLC’s goals.

Desired Qualifications

• MBA or M.S. Finance or progress towards degree
• Six Sigma certifications / experience
• Ability to travel periodically
• Use of Financial Calculator strongly desired

Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:

• 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off – minimum of 10 paid vacation days (additional days are provided with additional seniority/years of service), 12 paid holidays, and sick time
• Tuition reimbursement for continued education
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings account (HSA) Paid short   and long-term disability programs
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more
• This position is also eligible for a holiday gift

Additional Job Board Information

PACCAR is an Equal Opportunity Employer/Protected Veteran/Disability and E-Verify Employer. At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors including your education, training, or experience. The salary range for the Lease Pricing Manager job is $93,000 - $145,500 annually. Additionally, this role is eligible for the full range of benefit options listed above.