Asset Valuation Specialist
Chester County, PA
We are looking for an Asset Valuation specialist with at least 3-5 year experience specifically in residual value and collateral value setting in areas like Construction, Transportation, Machine Tool, Material Handling, Automation, Food Packaging, Healthcare equipment. Strong and proven analytical and communication skills are required to support the business in entering new industries and support the proximity project.
Perform equipment evaluations in areas like Construction, Transportation, Machine Tool, Material Handling, Automation, Food Packaging, Healthcare equipment to establish collateral and residual values based on remarket ability and secondary markets, including Workout valuations
Monitor targeted industries for changes in trends that could impact equipment values or marketability. Monitor changes in customer behavior that could impact residual values. Based on this monitoring declare Trigger Events in accordance with Asset Management guidelines and assure Impairment Tests are performed and where necessary impairments or residual write downs are taken.
Participate in the review and implementation of the Global and Local Asset strategy.
Assist in the repossession and remarketing of industrial, medical and other equipment types.
Monitor and report on, CoF Americas Asset Managements activities, including Trigger Events, impairments/residual write- downs, inventory reporting etc. to assure the department is meeting all SOX, Compliance, Audit and Asset Management requirements in accordance with or policies, procedures processes and guidelines
Monitoring of new equipment bookings using the ACL tool and monthly new bookings report.
Required Knowledge/Skills, Education, and Experience
- College education bachelors degree preferred with
- At least 3- 5 years Asset Management experience specifically in residual setting and asset management processes and procedures
- Experience in managing portfolio of $500M 1,500M with transaction ranging from $500K to $5M.
- Strong and proven communication skills
- Strong analytical skills prepared to work outside of the box with Sales and the Business Unit.
- Advanced Microsoft Excel Skills (such as creating Pivot tables, graphs and using lookup, match formulas)
- Solid MS Office skills
- Limited travel time expected
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2018, which ended on September30, 2018, Siemens generated revenue of 83.0billion and net income of 6.1billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Organization: Financial Services
Company: Siemens Financial Services, Inc.
Experience Level: Mid-level Professional
Job Type: Full-time
Equal Employment Opportunity Statement
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.
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