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FTAI - Collections Manager

New York

Private Equity

Ref#: 2327

Date published: 15-Jul-2019

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $39.2 billion of assets under management as of March 31, 2019. Founded in 1998, Fortress manages assets on behalf of over 1,750 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com


About FTAI

Fortress Transportation and Infrastructure Fund (“FTAI” or the “Company”) is a $1 billion private equity fund which focuses on purchasing assets that are essential to the transport of goods and people globally. FTAI’s business strategy includes acquiring assets for lease to major operators of transportation and infrastructure networks, as well as acquiring controlling and non-controlling equity stakes in operating companies within the transportation industry. FTAI invests in various sectors within the transportation industry including aviation, energy, intermodal and rail, with the goal of generating 15-20% gross returns while using modest leverage.


About the Position

This position is responsible for supporting the asset management department of the FTAI Aviation business.  This person will be a key member in ensuring customer accounts are managed appropriately and according to company policy. This individual will be responsible for communicating with lessees in order to increase the percentage of successful repayments. 


Responsibilities

  • Ensure timely collection of payments, including the management and administration of customer accounts, customer reconciliations and assistance with the direction of cash application

  • Monitor processing of invoices and understand the contractual obligations of lease agreements

  • Create and implement strategies to increase the number of successful collections on delinquent accounts

  • Strong customer service/relations skills for a global customer base

  • Negotiate with clients in non-payment cases

  • Responds promptly to customer inquiries

  • Ability to collect data and relevant facts to communicate problems

  • Special Projects include focusing on process improvement and company policy making as required

  • Assist in the design and implementation systems to ensure processes are carried out efficiently and effectively.

Qualifications 

  • Must have an outstanding record of achievement including an undergraduate degree from a well-respected school. 

  • Bachelor of Science in Business with a major in Finance (preferred), Accounting or other technical/mathematical discipline (with relevant business experience) strongly preferred.

  • Minimum four years of relevant experience with at least two years at corporate level.

  • Proven work experience as an accounts receivable manager

  • Airline industry field experience preferred but not required.

  • Prior experience in a start-up company environment or enterprise-wide transformation a plus. 

  • Ability to work in a fast-paced and dynamic environment

  • Previous experience and proficiency with Microsoft NAV, and MS Office Suite (particularly Excel and Word)

  • Demonstrated ability to work effectively with complex details and high attention to detail

  • Strong track record of delivering accurate, timely information and reports, with careful eye for detail. 

  • Superior analytical, quantitative and communication (both oral and written) skills. 

  • Must have strong drive and initiative with ability to balance multiple tasks. 




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Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.