Financial Analyst: Collections & Lease/Loan Servicing Specialist

Company: Motorola Solutions
Location: Chicago
Posted on: April 8, 2025

Job Description:

Financial Analyst: Collections & Lease/Loan Servicing SpecialistApply locationsChicago, ILtime type Full timeposted on Posted 10 Days Agojob requisition id R54164Company OverviewAt Motorola Solutions, we believe that everything starts with our people. We're a global close-knit community, united by the relentless pursuit to help keep people safer everywhere. Our critical communications, video security and command center technologies support public safety agencies and enterprises alike, enabling the coordination that's critical for safer communities, safer schools, safer hospitals and safer businesses. Connect with a career that matters, and help us build a safer future.Department OverviewMotorola Solutions Credit Company LLC ("MSCC") reports into MSI Treasury and supports MSI's Global Sales Organization by providing long-term financing solutions to MSI's domestic and international customers by way of lease purchase contracts, leases and loans. Providing long-term financing solutions allows customers to spread the purchase price over multi-year budgets, thus permitting customers to acquire complete turn-key systems immediately versus purchasing in phases via a "pay-as-you-go" approach. MSCC's Customer Financing Team takes these opportunities from "cradle to grave" by working with both sales and MSI's customers to structure the appropriate financing strategy, partnering with third-party financial institutions to quote and document the financing solution, negotiating the financing contracts on behalf of MSI with its customers & their legal representatives, funds the transactions, sells the financing contracts to MSCC's partner banks, and conducts all customer service activities required to properly manage the financing contracts portfolio(s). MSCC plays a pivotal role in helping drive MSI's financial success. The job functions of the Customer Finance Team directly impact MSI's order backlog and revenue positions, support Treasury's responsibility to generate liquidity and improve MSI's operating cash flow, and provide a governance role in helping manage MSI's balance sheet.Job DescriptionThis position requires an organized, high-energy, detail-oriented, problem-solving financial professional interested in exploring career opportunities in the Trade Finance Banking industry.The successful candidate must be:

• Team-oriented
• Able to multi-task
• Handle customer and contract related inquiries on a timely basis (24 hour turn around)
• Ability to learn and navigate through the lease accounting system (a.k.a."InfoLease") used to reconcile the financing contract portfolio(s)Strong interpersonal skills are a must to successfully work with customers, funding sources, internal MSI departments, and Government Agencies (e.g. Secretary of State for each State where MSI - Customer Finance conducts business).Specific Knowledge/Skills:
  • Bachelor's Degree in Finance or Accounting with 1+ year of experience in Collections & Lease/Loan Servicing Specialist style role
  • Billing/Collections & Customer Service
  • Lockbox and bank account reconciliations including cash posting processes
  • Maintaining the integrity of the lease accounting system (InfoLease)
  • Forecasting: (1) Collections/Perfect Pay ; & (2) Lease sales
  • Coordinate the booking of financial contracts & the sale of such to MSCC's bank partners
  • Preparing end of month Bank Reconciliation/Settlement Reports and bank wires
  • Assist in MSCC's preparation of 10Q/10K required disclosures
  • Filing IRS 8038G disclosures, UCC's, and completing and mailing Notice of Assignments
  • Preparing customer contract files & maintaining the "cloud" file room
  • Taking the lead for all MSCC bank partner Servicing Audits
  • Following-up on bank document exceptions including leased equipment Delivery & Acceptance support
  • Purchase order management & payment of MSCC vendor invoices
  • Finance contract originations (as time permits)We believe in promoting from within and offer numerous pathways for career development. There will be ample opportunities for the successful candidate to take on new challenges and responsibilities and grow the position.Target Base Salary Range: $56,900 - $105,300 USDConsistent with Motorola Solutions values and applicable law, we provide the following information to promote pay transparency and equity. Pay within this range varies and depends on job-related knowledge, skills, and experience. The actual offer will be based on the individual candidate.Basic Requirements
    • Bachelor's Degree in Finance or Accounting with 1+ year of experience in Collections, Lease, Finance or AccountingTravel RequirementsUnder 10%Relocation ProvidedNonePosition TypeExperiencedReferral Payment PlanNoOur U.S. Benefits include:
      • Incentive Bonus Plans
      • Medical, Dental, Vision benefits
      • 401K with Company Match
      • 10 Paid Holidays
      • Generous Paid Time Off Packages
      • Employee Stock Purchase Plan
      • Paid Parental & Family Leave
      • and more!EEO StatementMotorola Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or belief, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other legally-protected characteristic.We are proud of our people-first and community-focused culture, empowering every Motorolan to be their most authentic self and to do their best work to deliver on the promise of a safer world. If you'd like to join our team but feel that you don't quite meet all of the preferred skills, we'd still love to hear why you think you'd be a great addition to our team.We're committed to providing an inclusive and accessible recruiting experience for candidates with disabilities, or other physical or mental health conditions. To request an accommodation, please email ohr@motorolasolutions.com.About UsMOTOROLA SOLUTIONS OVERVIEWAt Motorola Solutions, we believe that everything starts with our people. We're a global close-knit community, united by the relentless pursuit to help keep people safer everywhere. Our critical communications, video security and command center technologies support public safety agencies and enterprises alike, enabling the coordination that's critical for safer communities, safer schools, safer hospitals and safer businesses. Connect with a career that matters, and help us build a safer future. Learn more at www.motorolasolutions.com.
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Keywords: Motorola Solutions, Chicago , Financial Analyst: Collections & Lease/Loan Servicing Specialist, Accounting, Auditing , Chicago, Illinois