MALVERN, Pennsylvania, USA
1 day ago
Finance Internship- Credit Services Team

The Credit Services team’s goal is to maximize business profitability by extending credit to worthy customers while minimizing risk and protecting the Company’s receivables. The successful candidate will be working toward an accounting or finance degree and have strong aptitude for analysis, critical thinking, and software applications.

General Description

Summer intern position available in credit risk and customer financial services. Support credit risk assessment, account reconciliation, and customer documentation activity, as well as other projects as assigned. Unique opportunity to gain in-depth understanding of A/R sub-ledger management and learn while contributing to the function on macro and micro levels.

Duties/Responsibilities:

Portfolio Level (macro):

Responsibilities may include but not be limited to:

Assist with obtaining required documentation from customers that are new to CertainTeed as part of an acquisition Analyze the payment terms of shared accounts that are part of acquisitions to identify any inconsistencies Review periodic reports of tax documents on file, liaise with customers and tax department to ensure that sales tax exemption certificates appropriately support billing practices Observe preparation and presentation of quarterly bad debt reserve calculation Observe preparation and/or review of weekly/monthly exception reports

Customer Level (micro):

Responsibilities may include but not be limited to:

New Accounts – support various phases of vetting new customer submissions Obtain credit reports, trade references, bank references Ensure complete set of supporting legal documents is in place Partner with credit analysts to participate in evaluation of materials supporting new account submission(s) in compliance with credit policy Existing Accounts – assist with preparation of materials for annual credit reviews Obtain third party credit reports Verify corporate standing of customer(s) Obtain financial statements from customers as required Observe/assist with spreading financial statements into financial analysis work tool Gather and incorporate internal performance data (volume, margin analysis, A/R aging) in credit review work tool Observe/assist credit analysts evaluating quantitative and qualitative aspects of credit review and recommendation
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