Job Responsibilities / Essential Job Functions
Performs pre-loan surveys, pre-funding examinations and rotational field and collateral monitoring examinations to assist lenders in evaluating the integrity of their customer’s collateral; reviews the asset-based borrower's collateral records and financial reports to determine/assess collateral values that secure loans to identify and highlight areas of collateral weakness, of potential risk exposure, and to detect fraudulent activity.
Applies principles of accounting to analyze financial information, examine and analyst accounting records to determine the financial status of establishment; in addition to focusing on accounts receivable, inventory, or other assets supporting the Borrowing Bases, the audits will include a review of books and records; analyses of accounts payable, bank statements, tax payments and filing status, insurance, sources, uses of cash and financial statement reviews that include other assets, other liabilities, and equity accounts.
Effectively performs and documents audit activities in accordance with professional standards and methodologies.
Performs detail testing as defined by the field examination program to analyze and validate information.
Applies principles of accounting to analyze financial information, examine and analyst accounting records to determine the financial status of establishment; in addition to focusing on accounts receivable, inventory, or other assets supporting the Borrowing Bases, the audits will include a review of books and records; analyses of accounts payable, bank statements, tax payments and filing status, insurance, sources, uses of cash and financial statement reviews that include other assets, other liabilities, and equity accounts.
Verifies that collateral is being reported and managed per the terms and conditions stipulated in the Loan Document.
Documents findings/results concerning the operating procedures and compliance with the covenants of financial institutions and commercial lenders; prepares clear and concise high level written exam reports highlighting areas of risk and exposure, material variances, conclusions reached from testing results, and related recommendations for improvement, if necessary. Such reports are utilized to verify and/or determine the credit worthiness of the collateral securing the existing and/or prospective loans and to make informed credit decisions.
Serves as the primary client contact on engagements; liaise with banks for project funding.
Applies principles of accounting to analyze financial information, examine and analyst accounting records to determine the financial status of establishment; in addition to focusing on accounts receivable, inventory, or other assets supporting the Borrowing Bases, the audits will include a review of books and records; analyses of accounts payable, bank statements, tax payments and filing status, insurance, sources, uses of cash and financial statement reviews that include other assets, other liabilities, and equity accounts.
Education, Experience
Bachelor’s Degree or equivalent experience with a concentration in Accounting, Business, Audit or Finance.
At least 5 years of prior experience in Asset Based Lending (ABL) field examination required
Financial books and records or financial auditing experience required; forensic accounting/ financial due diligence experience helpful.
Knowledge, Skills, Abilities
Knowledge of borrowing base lending, Asset Based Lending (ABL), or other forms of secured finance.
Knowledge of financial statements, including balance sheets and income statements; familiarity with GAAP principles.
Demonstrated advanced proficiency with computer applications in a Microsoft Windows-based environment. Proficiency with MS Excel and Word is required. Working knowledge of MS PowerPoint is preferred.
Strong accounting, audit, and writing skills.
Knowledge of and ability to utilize tools, techniques and processes for research, data gathering and reporting.
Attention to detail; ability to process information with high levels of accuracy.
Demonstrated critical thinking and analytical capabilities.
Excellent verbal and written communication skills are required.
A high degree of integrity and business acumen.
Highly motivated and able to work both in a team environment and independently.
Excellent interpersonal and organizational skills.
Strong time management skills.
Ability to travel is required to visit borrower locations within the U.S. roughly 10-25% of the year.
Gordon Brothers offers a very competitive total compensation package, including base salary and bonus plan, health insurance, dental benefits, a generous 401(k) match, time off benefits, and more.
In compliance with the Americans with Disabilities Act (ADA), please contact the Human Resources department if you have a disability and need reasonable accommodation with any part the application process. Requests will be considered on a case-by-case basis.
Gordon Brothers is an Equal Opportunity Employer.
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