Loading...
 
Share this Job

Legal Analyst I

Date: Dec 1, 2021

Location: Bonita Springs, Florida, United States

Company: Herc Rentals

Req #: 35662

Herc Rentals Inc. is a premier, full-service equipment rental firm – providing our customers the equipment, services and solutions they need to achieve optimal performance safely, efficiently and effectively. A pioneer of the equipment rental industry, Herc Rentals continues to evolve and grow through technological innovations, expanded product offerings and value-added services and consultative solutions to support its customers’ projects. 

 

With more than 55 years of equipment rental expertise, approximately 4,900 employees and approximately 270 company-operated locations across North America, Herc Rentals serves a broad range of end markets, including construction; industrial operations, refineries and petrochemical operations; governmental entities and contractors; disaster recovery and remediation; infrastructure; railroad operations; utilities; film, television, live entertainment and special event production; agricultural operations; and facilities management..

 

 

Short Description

The primary mission of the Legal Collections Analyst will provide hands-on development of risk models involving market, credit and operational risk, Payment Options to increase Secure Transactions of Accounts Receivable and provide research and analytical support for the Legal Risk Department.  This position reports directly to the Legal Services Supervisor, Accounts Receivable with delegated duties such as training and mentoring teams to meet and exceed departmental objectives and goals. Securing Transactions is required when high risk accounts with potential cash flow issues are identified. Excellent negotiation skills and attention to details are required to maximize return with Settlements. Work closely with the Legal Services Supervisor, outside legal counsel/attorneys, and third-party agencies to maximize returns and minimize bad debt.

Responsibilities

Focus on implementation strategies to enhance Secured Transactions with Payment Plans, Settlements, and other applicable agreements pertaining to Accounts Receivable, including security and protocol for at risk accounts.

Provide priority and security efforts to monitor and maintain status of Payment Options with escalated risk customers

Work with outside attorneys/agencies to obtain judgments, garnishments, and related remedies for customers in default of Payment Options

Provide contractual language expertise relating to documents relating to Accounts Receivables and the construction industry, such as Joint Check Agreements and Sworn Statements

Building Risk awareness amongst staff by providing training and mentoring

Manage security and recovery portfolio relating to escalated accounts and default customers in AR

Meeting the Legal Risk Department’s needs for metrics and deliverables Relating to analysis of accounts in slow pay

Develop Risk Reporting for Senior Management and Field centered around securing funds

Utilize appropriate judgment in releasing/holding orders and possible account suspension

Pro-actively work on security interest for the at-risk customers as the risk arises

Take proactive measures to address changes regarding financial position of customers

Maintain relationships with Internal and External customers to drive efficiencies in processes

 

Professional Experience

4 Years General Business Experience
2 Years Legal Experience

Skills

  • Self-starter, Achievement Driver, and ability to multi-task
  • Experience with Legal matters, Mediation, Negotiations, and Settlement Agreements
  • Proven Financial Analytical capabilities covering high risks
  • Advanced skills pertaining to Excel
  • Strong Sense of Urgency and Customer Focus/ Organizational and Time Management Skills
  • Excellent Verbal and Written Communication/ Advance Microsoft Excel and Word
  • Value-Added Business Contributor
  • Experience with court systems and legal processes

 

Our long-term strategy underscores the understanding that our success depends on the dedication and capability of our team members. We are focused on attracting, retaining and empowering talented and dedicated people to build the best team in the equipment rental industry. We also seek to build a team that reflects the variety of people, cultures and communities we interact with every day and to create an inclusive, productive environment in which all team members feel valued and respected.

 

Herc Rentals provides an excellent compensation and benefits package, which includes a competitive salary, retirement savings plan, tuition reimbursement, comprehensive medical, dental, vision care, life insurance coverage, paid vacation and holidays. 

 

Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, nationals origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.


Job Segment: Agricultural, Medical, Accounts Receivable, TV, Agriculture, Healthcare, Finance, Research, Creative