HDS Job Description
Location: New York, NY, Quincy, MA or Chicago, IL
Hilco Diligence Services:
Hilco Diligence Services provides due diligence services, including field exams for traditional and complex transactions across many different industries. Our services include borrowing base development, inventory and accounts receivable performance metrics and comprehensive collateral analysis. Our lines of business include, but are not limited to ABL style transactions, specialty finance transactions and retail lending transactions. Our reports are used by lenders, advisors and/or investors (commercial banks, investment banks, debt advisors, private equity firms and hedge funds) to provide a reliable basis for structuring and monitoring loans and other transactions. The Hilco Diligence Services team is comprised of a diverse set of experienced professionals who deliver solutions to our clients — our team possesses a combination of credit, lending, work out, syndication, back office and diligence experience, to provide on the ground diligence solutions to our clients and therefore a reliable basis for structuring loans and other transactions.
Company Overview:
Hilco Global is a unique platform of more than twenty integrated business units located around the world and focused on three core corporate solution areas: valuation, monetization and advisory services.
Each Hilco Global company is recognized as a leader in its respective field. These businesses on their own, or collaboratively, will provide customized services to determine the market value of your business assets, monetize those assets, or enhance their overall worth to your organization through innovative strategic solutions.
Position Overview:
This individual will perform diligence, field examination and certain specified procedures at companies that have or are looking to obtain an asset-based loan and/or are the target of a proposed M&A transaction. Responsibilities include performing all procedures required for Hilco to issue a report such as: management interviews; analytical review/examination accounts receivable, inventory, trade payables and other relevant financial or operational information; evaluation of receivable and inventory controls; as well as physical inspection of inventory and facilities for retail, wholesale, and manufacturing.
This position requires 20-40% travel to client locations primarily in North America. Travel to foreign countries may occur.
Requirements:
- Bachelor's Degree in Accounting or Finance; Accounting Degree or CPA a plus
- 2-10 years financial analysis experience or accounting-related field (actual level will be commensurate with candidate’s experience).
- Advanced Microsoft Office skills (Advanced Excel spreadsheet skills, strong working knowledge of Word, PowerPoint and familiarity with Access a plus)
- Excellent verbal, written and interpersonal communication skills
- Fundamental accounting knowledge. Candidate should have a good understanding of Generally Accepted Accounting Principles (GAAP).
- Strong quantitative, analytical skills and problem solving skills.
- Excellent attention to detail
- Ability to work under time constraints and meet aggressive deadlines. Ability to manage multiple priorities.
- Ability to work independently as well as part of a team.
- Desire to work in a fast-paced environment
- Manufacturing, retail, commercial lending or accounting experience a plus
Experienced Candidates Additional Requirements:
- Ability to manage a project team
- Experience training, coaching and mentoring junior team members
- This position requires excellent attention to detail. The individual must be able to focus on important areas in a very detailed manner, yet maintain the “big picture”
- The ability to balance several projects and tasks simultaneously while not compromising the quality of the work product
- Ability to plan engagement timelines and meet deadlines
- An ability to interact with the senior management of client companies while gathering highly sensitive, confidential, and critical “subjective” information
- Strong communication skills, both written and verbal, are essential to maintain a professional relationship with clients, lenders, other professionals and the Hilco team
In compliance with the New York & Illinois Pay Transparency Law, the base salary range for this role in Illinois is between $85,000-$110,000. This salary range does not include discretionary bonus or other forms of compensation or benefits which are offered in connection with this job. Several factors are considered when determining a candidate’s compensation. Please note that the salary range listed for this position is based on the level of experience outlined in the job description. If a candidate's experience differs from the requirements, the salary may be adjusted accordingly.
Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, sexual orientation, genetic information, marital status, gender, veteran, or disability status.
Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/
Top Skills
What We Do
Hilco Global is an independent financial services company providing Valuation, Monetization, Advisory, and Capital Solution services for all tangible and intangible assets. Hilco is the world’s preeminent authority in assisting healthy and distressed companies and their constituencies derive maximum value from assets. Hilco provides a suite of strategic services to help companies, their advisors and investors identify the value in business assets, monetize those assets either through acquisition or disposition, and leverage the assets to obtain debt or equity capital. Services include:
- Asset Appraisals, Enterprise Valuations and IP Valuations
- Retail, Consumer and Industrial Inventory Monetization
- Machinery and Equipment Monetization
- Real Estate Repositioning
- Private Equity Investing
- A/R and other Debt Acquisitions
- Retail Performance and Profit Enhancement Consulting
Hilco is composed of independent operating units, each specializing in one or more aspects of our complete business services package. Operating units are staffed and managed by teams of highly-skilled, experienced men and women, all of whom share an unwavering commitment to quality service, the highest standards of professional ethics and integrity, and to the achievement of successful results.
Hilco Global is the holding company for twenty integrated business units delivering expert solutions and proven value on every engagement for 30 years. It provides platform services to the business units, including legal and accounting, marketing and capital. In addition, Hilco delivers the discipline of a parent. While each business group has its own personality and talents, Hilco oversees performance to ensure a level of service consistent with Hilco's elevated standards.
