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Rental Business Analyst

Company:
Fabick Cat
Location:
Fenton, MO, 63026
Posted:
April 11, 2024
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Description:

Company Overview: Fabick Cat is the authorized dealer of Caterpillar equipment, prime and stand-by power systems, parts and service, compact construction, and rental equipment for major portions of Illinois, Missouri, the entire state of Wisconsin, and the Upper Peninsula of Michigan.

We have been in business for over 100 years and are headquartered in Fenton, Missouri.

For more information, visit Why Work For Us!

At Fabick Cat, you are beyond just an employee, you are a part of the Fabick family.

A family that has worked so diligently to cement a legacy that was built over 100 years ago through a collective vision "To Ever Serve Our Customers Better". This legacy could not have been possible without first employing then developing the best and brightest talent the market has to offer.

We believe it to be of the utmost importance to invest in our workforce by supporting and empowering employees to develop the necessary skills to become successful in their own career to become a legacy.

Are you ready to join our family legacy to continue our existence as 'the greatest service organization of its kind' over the next 100 years?

The Fabick family appreciates and values the ongoing commitment of its employees and is pleased to provide a highly competitive total compensation and benefits package.

Job Summary: Fabick Cat is seeking a versatile professional to fulfill the role of Rental Equipment Operations Analyst, responsible for overseeing and optimizing the financial and operational aspects of our rental equipment operations.

This role entails collaborating closely with Branch Managers and Regional Rental Managers to ensure accurate financial reporting and effective utilization of rental equipment.

In summary, as a financial analyst specializing in equipment rental, your role involves analyzing the financial aspects of equipment utilization, revenue generation, cost management, and capital investments to drive profitability and sustainable growth in the equipment rental business.

Responsibilities: * Financial Modeling for Equipment Utilization: Develop financial models to assess the utilization rates and profitability of rental equipment assets.

This involves analyzing factors such as rental rates, equipment downtime, maintenance costs, and depreciation.

* Revenue Analysis for Equipment Rental: Analyze rental revenue, sales revenue, and key KPIs to determine greatest financial returns on rental assets as well as analyzing operational costs to help determine most cost effective and profitable returns.

* Rental Useful Life Analysis/Capital Expenditure: Evaluate operating costs associated with rental assets, including maintenance, repairs, insurance, and storage to help determine Rental Useful Life (RUL). Identify the most profitable span of rental useful life (RUL). Assess the need for capital expenditures on equipment purchases, upgrades, or replacements.

Conduct cost-benefit analyses to determine the optimal timing and financing options for capital investments in the equipment fleet.

* Risk Management for Equipment Assets: Identify and mitigate financial risks associated with equipment rental, such as equipment depreciation, obsolescence, and damage.

Develop risk management strategies to protect the value and profitability of the equipment fleet.

* Market Research and Competitive Analysis: Stay informed about market trends, demand drivers, and competitor strategies in the equipment rental industry.

Analyze market and Rouse Analytics data to identify growth opportunities, niche markets, and competitive threats.

* Financial Reporting and Performance Analysis: Update the Navigator Tool monthly to monitor key financial indicators such as rental revenue, equipment utilization rates, and profit by branch.

Create dashboards and monthly financial comparisons as well as seasonality past and forecasting future financial seasonality.

* Regulatory Compliance and Tax Planning: Ensure compliance with regulatory requirements and tax regulations governing equipment rental operations.

Stay updated on industry-specific regulations, safety standards, and environmental laws that impact equipment rental businesses.

* Strategic Planning and Business Development: Collaborate with senior management to develop strategic plans and business objectives for the equipment rental business.

Provide financial analysis and recommendations to support decision-making on expansion, diversification, or market entry strategies.

Desired Qualifications: * Bachelor's degree in business administration or finance, or relevant recent experience.

* Strong analytical, problem-solving, and communication skills.

* Proficiency in data analysis tools such as Microsoft Excel, Power BI, SQL, or statistical software.

* Diligence and strong organizational skills to manage multiple tasks effectively.

* Ability to adapt to changing demands and prioritize work in a demanding environment.

Equal Employment Opportunity Employer of Minorities, Females, Protected Veterans and Individuals with Disabilities.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

Full-time-Regular

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