Equipment Finance - Back Office Specialist

 Jersey City - United States, United States       Permanent contract        Banking Operations


Responsibilities of the Back Office Specialist will be to make sure all transactions in Leaseworks are correctly and accurately booked, process transactions occurring over the life of the contracts (payoff, sale to a third party, invoicing details, partial terminations, monitoring of pass-throughs etc.). This team member will also perform controls to ensure that the data feeding SGEF’s GL (accounting) is accurate. Additional responsibilities include leading projects aiming at developing new features in Leaseworks and improve productivity

Booking activity:
  • Review booking checklists produced by the Documentation team and make sure contracts are booked correctly in the system
  • Review & process rebooks/renewals/restructures/syndidations/inventory/pass throughs
  • Fix any sales & property tax system related issues
  • Answer audit request related to contract balance /custumers
  • Review the syndication calendar and set up wires for accurate & timely payments
LeaseWorks system Implementations:
  • Review the implementation and test new features and processes in LeaseWorks in order to improve productivity
Reporting and controls:
  • Run the termination report for the Finance team
  • Reviews monthly activity reports for the department and the Risk function
  • Control clearing ans suspense accounts
  • Controls consistency between LW and Accounting

All our positions are open to people with disabilities


Technical Skills:
  • Strong knowledge of Leaseworks
  • IT skills
  • Data analysis & Project management (documentation of processes, workflows and procedures)
  • Reporting
  • Lease/loan documentation & credit approval understanding
  • Lease/loan pricing including but, not limited to contract negotiation & product strategies
  • Lease/loan manual payoff generation along with end of lease options understanding, capital markets understanding, pricing
  • Other Tools: Office, TValue, Salesforce.

Experience Needed:

  • 5+ years in commercial lending (Vendor Finance) with management and process improvement experience.
  • Experience in another firm which uses the Leaseworks system.

Educational Requirements:

  • Bachelors Degree in Accounting or a related field

Languages: (Other than English)

  • Fluency in Spanish is a plus.


Department Summary:
SG Equipment Finance is part of the international banking group Société Générale, one of the top ten banks in the world. SG Equipment Finance has enjoyed the number one position for equipment and vendor finance in Europe since 2002. SG Equipment Finance was established in the United States almost nine years ago and is rapidly growing into a top provider of equipment financing. The Group focuses on multinational and local vendors looking for a financing partner with an international outlook and independent equipment lessors looking for reliable funding partners.
SG Equipment Finance Back Office is responsible for all post-booking operations including:
  • Customer Service and Sales support
  • Invoicing
  • Cash posting
  • Collection
  • Equipment Tax management
  • Portfolio monitoring
  • Syndication process

Job code: 19000M89
Business unit: SG Expressbank
Starting date: 02/09/2019
Date of publication: 22/08/2019
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Equipment Finance - Back Office Specialist

Permanent contract   |   Jersey City - United States   |   Banking Operations