Brady Ware & Schoenfeld Work Values

Daily Duties at Brady Ware & Schoenfeld:

• Performed new and recurring collateral audits for various financial institutions including US Bank, First Bank, and Comerica Bank for lines of credit up to $60 million • Communicated extensively with loan officers and bank managers regarding audit findings • Planned and performed 4-6 collateral audits independently and in a team setting in a given month while meetings required deadlines • Evaluated and reviewed items reported on borrowing base reports • Completed a 5-13 page audit report depending on the bank subsequent to each audit regarding my findings which included analytics, exceptions and recommendations • Performed new and recurring collateral audits for 25-30 companies in a given year mainly in the manufacturing industry • Worksheets completed during the examinations include but are not limited to A/R trends, A/R concentrations, A/R dilution, A/R turnover, A/R ship test, A/R verifications, cash application, proof of payment, credit memo analysis, A/P trends, A/P concentrations, A/P invoice testing, vendor turnover & check clear test, inventory test counts, inventory cost test, gross margin test, slow moving analysis, cash analysis, lockbox reconciliation, taxes analysis and notes payable • Calculated A/R and inventory ineligibles in addition to borrowing base availability • Reviewed account reconciliations, sales journals, cash receipt journals, bank statements, journal entries, general ledgers, financial statements, A/R and A/P agings, payroll registers (ADP, Paychex, Paycor) in addition to other documents needed to complete the audit • Corresponded with CFO’s, accounting managers, A/R clerks, A/P clerks, inventory managers among others during the audit • Documented processes and procedures for various business cycles • Supervised and trained new staff members on audit procedures • Position required 90% travel with overnight stay • Also have minimal experience in other external services provided by the firm including tax returns and financial audits

What they like about Brady Ware & Schoenfeld:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Microsoft Excel, Microsoft Word, Microsoft Powerpoint

Skills

Software Implementation, Microsoft Excel, Microsoft Word, Microsoft Powerpoint

These are some of the questions we asked our climbers about their experiences with Brady Ware & Schoenfeld: