Dealer Credit Wholesale & Financial Audit Manager

Responsibilities Manage wholesale internal audit results to ensure that audit policies and global products have been properly followed. Responsible to correct and close audits by adhering to Global product and Credit rules and waiving audits when deemed necessary. Prepare all closing documentation and make recommend to Credit managers actions needed to remedy discrepancies and audit findings based on guidelines and business needs. Initiate audit procedure changes when required based on feedback from dealers and Dealer Credit. Discuss critical audit results and recommendations with senior management and VP’s based on internal escalation process. Prepare follow-up audit procedures for unsatisfactory audits and troubled Dealers by aligning approach with Dealer Credit managers. Depending on severity of previous audit results and if audit results were escalated to senior managers or VPs, alignment will take place with senior management or VPs. Key Contact person at dealership is dealership’s CFO. All relevant findings and appropriate recommendations are communicated and agreed upon with CFO. Based on the size of the Dealer the contact person can also be an appointed controller by the CFO. Manage take-over audits by coordinating internal auditors schedule and field work, as well as buyers, sellers, Dealer Credit and Sales needs up to the wire issuing. Conduct & lead department testing for SOX, Internal Assessment & Corporate Audits. (40%) Oversee and manage 2 team members, 1 wholesale internal auditor and 1 analyst. Manage in terms of selection, performance management, coaching and providing feedback. Ensure successful training and development planning regarding Audit policies, Credit rules and Global Product Rules. Provide ongoing training support for the third party vendor auditors and in case that it will necessary conduct extensive training for newly onboarded vendors to ensure our dealers are audited according to our audit procedures and CustomerONE expectations. (25%) Lead and perform Limited Financial Reviews (LFR) and Bank Cutoff (BCO) of any kind of Dealer's size including multiple and large complex automotive dealerships balance sheet in accordance with Generally Accepted Accounting Principles( GAAP) with emphasis on working capital, net worth and net cash and vehicle Equity. Perform Lease Line Audits (LLA) compliance audits of MBFS Dealers to evaluate adequacy of internal control systems, operating policies and procedures. Evaluate the customers degree of compliance with the MBFS loan requirements. (25%) Responsible for ensuring that third party vendors that conduct approximately 95% of the wholesale audit on our behalf adhere to the Audit procedures that are in line with our Global Product and Credit Rules. Manages SLAs between MBFS and external vendors, ensuring that vendors comply to their specific SLA and that non‑compliant actions are remediated and properly credited to MBFS (penalty payments). Manage audit frequencies based on the categorization model in alignment with Dealer Credit Managers. (5%) Provides CustomerOne service to Dealer Credit by ensuring that their needs are covered to the best of the team’s ability including but not limited to: adjusting Vendor and Internal Auditors’ schedule due to re‑prioritization based on the risk‑based concept, assessing and balancing what is more critical to MBFS taking in consideration the take‑overs business importance and the financial risk of trouble dealers. (5%) Qualifications Applicants must be legally authorized to work in the U.S. at the time of application. Relocation assistance will not be provided for this position. This position requires a minimum of 5 years of overall work experience. Preferred Experience Accounting: 2 years Audit: 3 years Business-General: 3 years Credit: 1 year Finance: 1 year Risk Management Education Bachelor's Degree is required. Master's Degree is preferred. Recommended majors include: Accounting, Business Administration, Economics, Finance. Required Driver's License Additional Knowledge Thorough understanding of GAAP and detailed understanding of credit extension. Certified Public Accountant or Certified Internal Auditor preferred, but not required. Skills Analytical skills: Ability to collect data and establish facts and identify trends and variances. Ability to integrate information from a variety of sources with varied levels of complexity. Ability to review and interpret and evaluate statistical information. Ability to formulate and test hypotheses for the purpose of forecasting outcomes. PC skills: Microsoft Office Presentation skills Problem Solving skills Project Management skills: Project leader Team member Additional Skills Excellent written and verbal communication skills Time management Ability to interact with a wide variety of people both internally and externally Work independently and in a team environment Desire to take on additional tasks to support the team. Recommended Prerequisites Staff Auditor-Any Finance/Accounting/Controlling/Credit position with an Accounting or Finance Degree Benefits Competitive salary plus an annual bonus based on company performance and/or personal yearly performance. Time off: Vacation plus fifteen additional corporate holidays. Mercedes-Benz Employee Lease Program. Medical, dental, and vision insurance, employer‑paid short and long‑term disability. Paid Family Leave: Six weeks for new parents; Adoption Expense Reimbursement up to $6k per child. Tuition Assistance Scholar Program: up to $8k in vouchers for business‑related coursework. 401(K) with match. Flexible work arrangements. EEO Statement Mercedes-Benz Financial Services is an equal opportunity employer. We encourage applications from minorities, women, disabled individuals, and veterans. #J-18808-Ljbffr Mercedes-Benz Financial Services USA LLC