Commercial Auditor

About the role

The Commercial Auditor will conduct audits ranging from being onsite to virtual. Auditing of both prospective and existing client businesses which includes completing a variety of testing and sampling procedures on client or prospect financial/accounting records with a focus on accounts receivable, inventory, accounts payable, and cash accounts.

Responsibilities

• Perform client audits, evaluating collateral through inspection, testing, ratio analysis, and inquiries of customer personnel.
• Assess whether or not financial records (collateral and financial statements) are reliable by analyzing client records, procedures, and controls.
• Determine quality of working capital collateral to determine collectability of accounts receivable and recovery value of inventory in a liquidation scenario.
• Recommend plans of action to minimize areas of potential exposure to the Bank’s collateral position.
• Submit well-written, clear, and concise reports, highlighting major issues regarding collateral risk, exposure, and any other significant findings found while in the field.

Requirements

• Bachelor’s degree – preferably in a Business degree
• Desire to travel; overnight and out-of-state travel is required, up to 25% of the time.
• Demonstrated understanding of accounting and financial principles
• Demonstrated success with written communication, and ability to assess and analyze information, formulate conclusions and recommendations, and prepare well-written reports that will be reviewed and presented
• Strong desire to be curious and inquisitive, and self-confidence to ask questions