Residual Value Controller

Residual Value Controller

London Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join us as a Residual Value Controller, analysing market trends and supporting sales decisions.
  • Company: Daimler Truck UK Ltd is a leader in sustainable transportation solutions with renowned truck brands.
  • Benefits: Enjoy a hybrid work model, corporate perks, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team influencing key business decisions in the automotive industry.
  • Qualifications: Strong data analysis skills and knowledge of truck markets are essential; experience in residual value setting is a plus.
  • Other info: This role requires collaboration across locations and offers a chance to impact business strategies.

The predicted salary is between 36000 - 60000 ÂŁ per year.

At Daimler Truck UK Ltd we deliver Sales and Marketing for all Daimler Truck UK products in the UK. These include:

  • Mercedes-Benz Trucks: renowned for their quality, reliability, and innovative features. They cater to various industries, from logistics and construction to long-haul transportation. Mercedes-Benz trucks are designed for efficiency, safety, as well as delivering driver comfort.
  • FUSO Trucks: FUSO, a subsidiary of Daimler, specializes in light and medium-duty trucks. They offer practical solutions for urban delivery, short-haul transport, and vocational applications. FUSO trucks are known for their agility, fuel efficiency, and low environmental impact.

We are dedicated to sustainable transportation solutions to provide fuel efficiency, emission reduction and safety across our ranges. Sitting within our Finance and Controlling team here at Daimler Trucks UK, we have an exciting Residual Value Controller opportunity waiting just for you. Reporting into the Head of Used Controlling and Residual Values, you will support New Truck sales by providing a range of residual values that are at appropriate levels to manage business risk in line with the strategies set out by senior management.

You will measure and analyse exposure to risk for the business by staying informed of Used market conditions and communicate this information to support and influence others in good decision making.

More about the role

  • Ensure the accurate and timely supply of residual values to new sales department, Daimler Truck Financial Services and the dealer network, efficiently managing manual requests all within a 48 hours KPI in order to enable customers to make prompt purchasing decisions.
  • Develop relationships with external contacts to understand the Used Truck market conditions (CAP HPI, SMMT etc.), visit Truck auctions and trade shows in order to be exposed to the market trends and competitors, apply this knowledge and expertise in discussions to influence others in the decision-making process.
  • Carry out analysis of the Used market and the Daimler Truck TUK Used financial performance to identify opportunities and develop and present proposals that enable good decision making regarding residual value changes and manage future risk transparently and clearly.
  • Be responsible for RV calculation system maintenance and development.
  • Lead the quarterly “Residual Value Steering Committee” meeting and gathering the data required for the presentation, propose actions and follow up on agreed measures.
  • Work closely with internal colleagues in the New, Used and Product departments both in Daimler Truck UK and Daimler Truck group to understand our products, current issues, new developments and their impact on residual values, apply this knowledge and expertise in discussions to influence others in the decision-making process.
  • Ensure adequate internal control processes are in place to meet audit/compliance requirements and ensure that processes are in line with group policies as well as other internal requirements.
  • Work closely with the Residual Value Data Quality Specialist, covering for each other during holidays, sickness and assisting with high workload.

Qualifications

  • Requires excellent data analysis skills (e.g. Advanced Excel, Python, R, SQL, Power BI etc), and PowerPoint.
  • Have the ability to deal with large volumes of data from multiple sources accurately and quickly, interpret and draw conclusions.
  • Excellent communication skills.
  • A good knowledge of the new and used Truck markets.
  • Technical knowledge of Trucks.
  • Knowledge of buyback agreements (from inception to contract end) beneficial.
  • Knowledge of used vehicle remarketing, including defleet activities beneficial.
  • Ability to deal with large volumes of data from multiple sources, interpret and draw conclusions.
  • Advanced knowledge of Excel and PowerPoint required.
  • Advanced knowledge of Access desirable.
  • Previous experience in residual value setting and accounting for buyback agreements highly desirable.

This is a full time hybrid role, where you would be required to work across both our locations (our head office based in Milton Keynes and our used sales site in Barnsley) with a minimum of two days a week in the office.

What’s next?

Once you click apply, we’ll take you through to the Daimler Truck careers portal. Here, you’ll need to complete a short application form, attach your current CV. Simple.

Closing Date: 26 June 2025.

Managing your data: We care about your personal data. The General Data Protection Regulation provides you with more control and by submitting an application to us; we consider this to be an agreement to process your personal data in support of our recruitment and selection process. Data categories that we process in relation to your application are the ones that you provided as part of the application process. We process your personal data in relation to the application, in accordance with the legal requirements. Recipients of your personal data within our company are the managers of the specialist unit in charge of filling the position and the responsible colleagues from HR.

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Contact Detail:

Daimler Truck AG Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Residual Value Controller

✨Tip Number 1

Familiarise yourself with the latest trends in the used truck market. Attend industry events, trade shows, and auctions to gain insights that can help you understand market conditions better. This knowledge will be invaluable during discussions and decision-making processes.

✨Tip Number 2

Develop strong relationships with external contacts in the used truck sector. Networking with professionals from organisations like CAP HPI and SMMT can provide you with critical information about market dynamics and competitor strategies, which will enhance your ability to influence decisions.

✨Tip Number 3

Brush up on your data analysis skills, particularly in tools like Excel, Python, and Power BI. Being able to quickly interpret large volumes of data will not only help you in your role but also demonstrate your capability to handle the responsibilities of a Residual Value Controller.

✨Tip Number 4

Prepare for the quarterly 'Residual Value Steering Committee' meetings by gathering relevant data and proposing actionable insights. Showing initiative in these meetings will highlight your commitment to the role and your ability to contribute positively to the team.

We think you need these skills to ace Residual Value Controller

Advanced Excel
Data Analysis
Python
R
SQL
Power BI
PowerPoint
Communication Skills
Knowledge of Used Truck Market
Technical Knowledge of Trucks
Understanding of Buyback Agreements
Experience in Residual Value Setting
Ability to Interpret Large Data Sets
Attention to Detail
Stakeholder Management
Internal Control Processes

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Residual Value Controller position. Understand the key responsibilities and qualifications required, as this will help you tailor your application effectively.

Highlight Relevant Skills: In your CV and cover letter, emphasise your data analysis skills, particularly with tools like Excel, Python, and SQL. Mention any experience you have with residual value setting and knowledge of the truck market, as these are crucial for the role.

Craft a Strong Cover Letter: Write a compelling cover letter that connects your background to the specific tasks mentioned in the job description. Discuss how your previous experiences align with the responsibilities of supporting new truck sales and managing residual values.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is essential for the analytical nature of the role.

How to prepare for a job interview at Daimler Truck AG

✨Showcase Your Data Analysis Skills

As a Residual Value Controller, you'll need to demonstrate your proficiency in data analysis tools like Excel, Python, or SQL. Be prepared to discuss specific examples of how you've used these skills in previous roles to interpret large datasets and draw meaningful conclusions.

✨Understand the Truck Market

Familiarise yourself with both new and used truck markets, including current trends and competitors. Research Daimler's products and be ready to discuss how market conditions can impact residual values, showing that you can apply this knowledge in decision-making.

✨Communicate Effectively

Excellent communication skills are crucial for this role. Practice articulating complex data insights clearly and concisely, as you'll need to influence others in the decision-making process. Consider preparing a brief presentation on a relevant topic to showcase your ability.

✨Prepare for Technical Questions

Expect technical questions related to residual value setting and buyback agreements. Brush up on your knowledge in these areas and be ready to discuss your experience with them. This will show your depth of understanding and readiness for the role.

Residual Value Controller
Daimler Truck AG
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