- Location
- Remote - New York, United States of America · Remote - Michigan
- Workplace
- Remote
- Type
- Full-time
- Source
- Workday
Description
Description
Our ideal candidate will be located in NY or Michigan to service clients in those areas. The machinery and equipment (M&E) appraiser plays a critical role in asset-based lending (ABL) by determining the realizable value of equipment that will serve as collateral for a loan. Gordon Brothers’ valuation teams specifically value machinery and equipment for lending purposes and provide lenders with an independent assessment of collateral value to support borrowing base calculations and credit decisions. The Analyst is responsible for data collection and analysis for preparing the appraisal report, including conducting client on-site inspections, due diligence, management interviews, company and industry research, and narrative report writing per USPAP standards, as they apply to Machinery & Equipment valuations.
Job Responsibilities/Essential Job Functions
- Participates in on-the-job training to learn fundamental Machinery & Equipment terminology, concepts, practices, and procedures to conduct a typical Machinery & Equipment valuation engagement.
- Reviews previously performed models and completed appraisal reports to gain an understanding of the valuation process and concepts.
- Participates in travel for job inspections, and/or client meetings with or without another Analyst or Appraiser, including taking photographs of assets during site inspections and providing notes and equipment listings.
- Provides analytical and research support for projects as assigned, including company and industry analysis and research on key performance indicators to help determine value.
- Works in accordance with established methodologies and processes with direction from a project manager.
- Communicates directly, as instructed, with bank clients and appraised companies to understand company-provided information and operational challenges.
- Develops a qualitative understanding of nuances that may affect values, and reviews findings with company management and clients.
- Assists to produce a final appraisal report of quantitative and qualitative findings.
- Maintains Gordon Brothers’ Appraisal Application database to ensure accurate and timely contact, company, and project information.
- Learns and adheres to USPAP standards, as they apply to Machinery & Equipment valuations.
- Upholds Gordon Brothers’ Core Values and contributes to the achievement of the objectives of the strategic plan.
Education, Experience
- Bachelor’s degree required; concentration in business, finance, supply chain or operations management preferred.
- At least 1-2 years of previous related work experience, preferably in a manufacturing or other industrial environment; experience may include relevant internships.
Knowledge, Skills, Abilities
- Advanced proficiency with MS Word and Excel,
- Understanding of financial statements, including income statements and balance sheets; knowledge of industrial or other asset accounting methodologies is beneficial.
- Excellent verbal and written communication skills.
- A high degree of integrity and business acumen.
- Demonstrated data collection, data analysis, problem-solving, critical thinking, and project management skills.
- Self-motivated and able to work independently.
- Ability to manage multiple projects with close attention to detail.
- Able to thrive in a fast-paced entrepreneurial environment.
- Must be willing to travel 25-35%, some overnight, for site inspections.
- Site inspections may require moderate physical activity including walking, bending, reaching, and/or climbing to access and visually inspect Tequipment.
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.