Profession rental manager

Rental managers supervise the activities of a rental office or station and its staff.

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Personality Type

  • Conventional / Enterprising

Knowledge

  • Financial capability

    Financial operations such as calculations, cost estimations, budget management taking relevant commercial and statistical data into account such as data for materials, supplies and manpower.

Skills

  • Present reports

    Display results, statistics and conclusions to an audience in a transparent and straightforward way.

  • Use rental management software

    Use rental management software to monitor aspects of the business such as finances, rentals, and bills.

  • Listen actively

    Give attention to what other people say, patiently understand points being made, asking questions as appropriate, and not interrupting at inappropriate times; able to listen carefully the needs of customers, clients, passengers, service users or others, and provide solutions accordingly.

  • Analyse marketplace competition in rental industry

    Stay informed about the activities and competitive advantages of the competitors in the rental industry.

  • Have computer literacy

    Utilise computers, IT equipment and modern day technology in an efficient way.

  • Create solutions to problems

    Solve problems which arise in planning, prioritising, organising, directing/facilitating action and evaluating performance. Use systematic processes of collecting, analysing, and synthesising information to evaluate current practice and generate new understandings about practice.

  • Prospect new customers

    Initiate activities in order to attract new and interesting customers. Ask for recommendations and references, find places where potential customers can be located.

  • Manage staff

    Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.

  • Write work-related reports

    Compose work-related reports that support effective relationship management and a high standard of documentation and record keeping. Write and present results and conclusions in a clear and intelligible way so they are comprehensible to a non-expert audience.

  • Manage contracts

    Negotiate the terms, conditions, costs and other specifications of a contract while making sure they comply with legal requirements and are legally enforceable. Oversee the execution of the contract, agree on and document any changes.

  • Manage vehicle inventory

    Maintain and coordinate a fleet of new and second-hand vehicles.

  • Manage budgets

    Conduct cost estimates and budget planning. Monitor the budget, as well as costs and expenses. Forecast the budget development continuously. Report on the budget.

  • Follow company standards

    Lead and manage according to the organisation's code of conduct.

  • Manage financial risk

    Predict and manage financial risks, and identify procedures to avoid or minimise their impact.

  • Handle customer complaints

    Administer complaints and negative feedback from customers in order to address concerns and where applicable provide a quick service recovery.

  • Forecast products' demand

    Collect, analyse and calculate the demand of products and services based on reports and purchasing activity of customers.

  • Produce sales reports

    Maintain records of calls made and products sold over a given time frame, including data regarding sales volumes, number of new accounts contacted and the costs involved.

  • Perform acquisition of vehicles

    Acquire the proper amount of vehicles for the shop from the dealership. Deal with the involved paperwork.

  • Control of expenses

    Monitoring and maintaining effective cost controls, in regards to efficiencies, waste, overtime and staffing. Assessing excesses and strives for efficiency and productivity.

  • Use mathematical tools for managing vehicles

    Use mathematical tools and electronic equipment for managing activities with the vehicles and customers, and performing routine operations that deal with numeracy and calculations.

Optional knowledge and skills

competition law teamwork principles ensure quality assurance standards for vehicles car controls commercial law maintain vehicle service check vehicle damage train employees types of vehicles build rapport with people from different cultural backgrounds contract law employment law speak different languages handle rental overdues