What are the responsibilities and job description for the Examiner (Field Exam) position at Great American Holdings LLC?
GA Group is a leading provider of advisory, valuation, field exam, liquidation, asset-based lending, investment banking, restructuring advisory, and real estate services. With more than 50 years of experience and a global footprint, we partner with leading financial institutions and corporations to navigate complex transactions, optimize operations, and drive value. Our collaborative, results-driven culture is powered by a deep bench of industry experts dedicated to solving our clients’ most critical challenges.
We offer competitive compensation and a comprehensive benefits package, including a 401(k) profit-sharing retirement plan, paid holidays, vacation and sick leave, voluntary medical, dental, vision coverage, and company-paid life and disability insurance.
GA Group is majority-owned by funds managed by Oaktree Capital Management, L.P.
POSITION SCOPE
Our Field Examination team consists of seasoned professionals in banking, accounting and business services, and assists banks, private equity firms, hedge funds and factors in successfully structuring asset-based loans. Our experienced team has completed assignments in almost every industry and company life-cycle, both domestic and international. We have advised clients on unusual collateral types and executed transaction-specific diligence.
We are looking to add a Field Examiner to a collaborative team who will assist in the analysis of existing and prospective borrower's collateral records and financial reports to determine collateral values that support asset-based loans. Duties of a Field Examiner have a significant impact client companies and lending institutions.
ESSENTIAL DUTIES
- 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.
EDUCATION, EXPERIENCE AND SKILLS
- Bachelor’s Degree in Accounting
- A minimum of 2 years’ experience in financial services, lending, transaction advisory services, auditing or demonstrated ability to produce high quality financial analysis. Experience in Financial Collateral Examination is a plus.
- 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
- Demonstrated strong computer skills to include, Microsoft Office applications, as well as other office software products in a Windows environment
- Ability to work in the Chicago office and travel as needed for client visits
Location: The candidate will work a hybrid schedule, with the expectation to work from the Chicago, IL office 2-3 days per week.
WHY GA GROUP?
- Growth opportunities with training and internal path to promotion
- Encouragement to contribute your valuable ideas to improve our company, products, and services
- Regular communication with senior management of companies in a wide range of industries, providing frequent opportunities to expand your business knowledge.
- Healthy work-life balance with hybrid position, allowing for both remote work and in-person interaction and collaboration
Visit us at https://gagroup.com/ to learn more!