Herc Rentals Inc. (NYSE: HRI) is an equipment rental firm committed to providing its customers with unparalleled service and expert solutions needed to take on the most demanding jobs.
With more than 50 years of equipment rental expertise, our growing team consists of more than 5,000 employees and 270 company-owned branches. Herc Rentals continues to evolve and grow through technological innovations, expanded product offerings, value-added services and consultative services that support its customers’ construction, industrial, remediation and maintenance projects.
We aspire to be the supplier, employer and investment of choice in our industry, with core values that promote a culture built on honesty, excellence, respect, and commitment.
The Risk Management Specialist plays an integral role in the collection process within Herc Rentals Order to Cash. The primary functions include reviewing customer jobsites where Herc Rentals’ equipment is being used to secure lien and bond rights by providing correct notices to applicable parties and ensuring that lien releases are processed accurately and timely. The preliminary notice must be sent out in a timely manner. Preliminary notices provide a legal process where Herc can secure its legal rights to compensation in situations where customers have defaulted.
Determine if Lien and/or Bond Claim rights should be pursued based on various factors relating to the outstanding AR and risk for Herc Rentals’ customers.
Determine if equipment being used is eligible to file for lien or bond rights based on State Statutes.
Research to obtain Property Owner and General Contractor information to assist with providing lien information.
Ensure updated information will be added into the System and steps followed to get notices mailed to each party.
Ensure all activity is documented in the required systems for tracking.
Ensure critical deadlines and SLAs are met.
Determine if Herc Rentals’ customer types of business can have a Lien and/or Bond claim filed.
Ensure the proper release is provided to the customer based on the jobs and payments received or required.
Work with in-house counsel on revised release request from customers.
Assist the Legal Services Team with filing, tracking, and various clerk duties relating to securities and Accounts Receivable.
Other duties as assigned by Management.
Knowledge of Statutory Lien Laws and knowledge of Lien Releases are preferred
- Sense of Urgency
- Decision Making
- Team Player
- Deadline Oriented
- Excellent Written and Verbal Communication Skills
- Microsoft Excel and Word
- Ability to Multitask
- Typing 35 WPM
- Customer Service
At Herc Rentals, our success depends on the success of our people. Our ability to provide exceptional service to our customers and maintain a leadership position in our industry is a result of the people we hire and develop. We are growing in dynamic new ways and we recognize that the right people, offering their ideas and expertise, will enable us to continue our success.
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 Rentals does not discriminate in employment on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factor.