- Performs in-depth testing and analysis of collateral (generally Accounts Receivable and Inventory) securing loans to potential/existing borrowers in order to verify existence, and to identify and highlight areas of collateral weakness or deterioration.
- Assists in the preparation of field examination reports and supporting workpapers that communicate in writing findings and material variances found, conclusions reached, and recommendations on potential mitigants.
- Participate in management interviews at the subject companies, gaining insight into their financial, collateral, and operational management.
- Effectively sets priorities and works in an organized manner while managing multiple moving deadlines.
- Builds, maintains, and manages effective relationships and communication with subject companies throughout the field exam process.
- Ensures internal communication and coordination within the exam team is effective and consistent throughout the process, keeping all members up to date.
- Performs site visits as needed; travel could represent up to 35% per month.
- Participate in client meetings/report deliveries as needed.
- Bachelor's Degree in Accounting, Finance or Economics
- Advanced knowledge of Income Statements, Balance Sheets and relevant accounting concepts
- Detail-oriented, able to effectively manage time, strong planning skills, and excellent analytical skills
- Excellent written and verbal English communication skills
- Excellent knowledge of MS Excel operations
- Valid driver's license
- Demonstrated strong computer skills to include, Microsoft Office applications, as well as other office software products in a Windows environment
- Growth opportunities and flexibility for high performers
- A relaxed hybrid office environment with a fun and hard-working team.
- Encouragement to contribute your valuable ideas to improve our company, products, and services
Advisory Services- Financial Analyst - Boston, MA, United States - B Riley Financial
Description
B. Riley Advisory Services Financial Analyst
B. Riley Advisory Services, a subsidiary of B. Riley Financial (NASDAQ: RILY), is one of the nation's leading appraisal, valuation and advisory firms. Our field exam work is a key piece of diligence helping financial institutions prepare asset-based loans for a variety of companies within a broad range of industries including Retail and Consumer Products, Metals, Energy, Building Products, Automotive, among others.
B. Riley Advisory Services - Field Examination is seeking a full-time Financial Analyst to work Remotely or in one of our Hybrid offices in Needham, MA, Chicago, IL or Westlake Village, CA. This position assists in the analysis of existing and prospective borrower's collateral records and financial reports in order to determine / assess collateral values that support asset-based loans. The Financial Analyst frequently communicates complex information and interacts with borrower management. Provides excellent customer service to clients and internal team members. Regularly exercises discretion and independent judgment in management of responsibilities. Duties have a significant financial impact of potentially hundreds of millions of dollars on client companies and lending institutions, as well materially impact the profitability of the field exam group.