Asset Management Coordinator

Komatsu is the 2nd largest worldwide manufacturer of construction, mining and utility equipment, and also delivers forest machines and logistics.

Working at Komatsu means being part of an international company which is celebrating its 100th anniversary this year. Amongst competitors Komatsu is known to be the most innovative company in the industry.

At this moment Komatsu is looking for an Asset Management Coordinator.  

Asset Management Coordinator 

Responsibilities

As Asset Management Coordinator, you will be responsible to understand the value of Komatsu used machines, assess request for residual value, monitor used equipment price and residual value risk in the leasing portfolio of Komatsu Finance in Europe in close cooperation between headquarter and the operations in the field.

One of your main tasks will be asset valuation where you will build up understanding and knowledge

Asset valuation:

  • Acquire understanding of the Komatsu equipment in terms of customer use / application.
  • Build up knowledge on resale value of used Komatsu machines in the territories where Komatsu Finance operates/develops (France, Germany, Italy, Belgium, Netherlands,
  • Norway, Sweden, Africa).
  • Maintain value lines for Komatsu equipment in the different countries where Komatsu Finance operates.
  • Provide equipment valuation for equipment returning from default and/or end of contract.
  • Build up knowledge of local add-ons in specific markets where Komatsu Finance operates and evaluate investment price of new finance request on ad-hoc basis.
  • Evaluate request to finance used equipment.
  • Support improvement/automation of asset gap assessment.

RV (‘Residual Value’) setting/monitoring:

  • Be the first line of contact for Komatsu Finance field staff to support RV evaluation by assessing equipment/application.
  • Validate RV at new contract activation in compliance with policies and procedures.
  • Implement and coordinate guarantee for RV risk sharing. 
  • Review RV risk on new business (monthly) and portfolio level (yearly).
  • Review RV risk provision and issue proposal on quarterly basis.
  • Monitor internal residual value calculator versus used equipment market price trend.
  • Maintain RV calculation tool, review changes to tool, and communicate with relevant Komatsu Finance sales staff in the field.

Asset monitoring:

  • Monitor use/condition/location of Komatsu equipment in the leasing portfolio through development of system-based tools.
  • Monitor actual use of equipment versus contractually agreed use.

Reporting:

  • Coordinate invoicing and payment with the accounting department.
  • Issue monthly reporting in terms of inventory, asset sales, KPI trend.
  • Issue quarterly and yearly review timely.

Buy back commitments / risk share agreements:

  • Implement and follow up agreement for buy back commitments with Komatsu Europe and distributors.

Requirements

  • Minimal Bachelor degree or equal by experience
  • Strong interest in construction/earthmoving equipment and curiosity for customer/equipment working environment
  • experience in remarketing (bank or leasing environment) is a plus
  • you are willing to travel occasionally on a need basis
  • English is a must and another EU language is an asset

Our offer

Attractive salary package and fringe benefits (meal vouchers, group - and hospitalization insurance, flexible working, working from home),…

We support a work environment with opportunities for challenge and development. Therefore, we offer training opportunities to all colleagues who wish to advance their personal and professional growth.

Are you the professional we are looking for?

If so, please send your CV and cover letter to jobs.be@komatsu.eu to the attention of the HR Talent coordinator.