Mike Smith
About Mike Smith
Mike Smith serves as the National Wholesale Operations Manager at Navistar Inc, where he oversees a wholesale portfolio valued at $900 million and manages a team of 19 staff members. He has extensive experience in various roles within the company and holds a Bachelor of Applied Science in Finance from Loyola University Chicago.
Current Role as National Wholesale Operations Manager
Mike Smith has served as the National Wholesale Operations Manager at Navistar Inc since 2013. In this role, he manages a wholesale portfolio valued at $900 million and oversees all collection and audit aspects. He leads a team of 19 staff members, which includes 14 field-based and 5 office staff, ensuring adequate coverage across operations. His responsibilities also include compiling monthly Sarbanes-Oxley (SOX) audit packages and preparing presentations for investors regarding the securitization of receivables.
Previous Experience at Navistar Inc
Mike Smith has held multiple positions at Navistar Inc, contributing to his extensive experience in the industry. He worked as a Wholesale Sr. Credit Analyst from 2008 to 2010, where he focused on credit analysis. Prior to that, he served as Operations Supervisor from 1999 to 2001 and as Credit Supervisor from 2001 to 2004. Additionally, he was a Financial Services Representative from 1997 to 1999 and an Area Sales Manager from 2004 to 2008. His roles have involved collaboration with various departments, including Parts, Warranty, Dealer Operations, Accounting, Sales, and Treasury.
Educational Background in Finance
Mike Smith studied at Loyola University Chicago, where he earned a Bachelor of Applied Science (B.A.Sc.) in Finance, General from 1989 to 1993. This educational background has provided him with a solid foundation in financial principles, which he applies in his current and previous roles within the finance and operations sectors.
Management of Open Account Receivables
In his current role, Mike Smith handles monthly open account receivables exceeding $115 million. He focuses on past due resolution, ensuring that the company maintains healthy cash flow and minimizes financial risk. His management of this significant portfolio reflects his expertise in financial operations and credit management.
Collaboration with Insurance Vendors
Mike Smith works with insurance vendors to ensure proper coverage and maximize cost savings for Navistar Inc. This collaboration is essential for managing risk and ensuring that the company is adequately protected against potential liabilities.