Company: Inteplast Group (https://www.inteplast.com)

Department: Management Improvement Dept. at Inteplast (NJ)

Job Title: Management Analyst

Position: 2

Position Summary:

This is an internship position for a management student seeking professional knowledge and experiences. The position entails the responsibilities of a Management Analyst with the combined duties of being a credit analyst. The intern responsible in areas such as system spec design, system implementation coordination, credit risk assessment, cost analysis, and internal audits, as well as assisting a lead credit analyst in areas like new account set-up, credit line reviews, financial analysis, and evaluations of collateral security. This is a learning position where the intern builds skills through a hands-on approach.

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The objectives are:

1. Coordinate system implementation so that affiliates' operations and performances can be improved and supervised accordingly.

2. Update and revise corporate policies/procedures to standardize business operations.

3. Improve corporate operational and cost efficiency through procedure development, improvement projects, performance/financial benchmarking, and best industry practice recommendations.

4. Assure compliance with Inteplast policies and procedures by conducting internal audits as required.

5. The development of professional skills in financial analysis.

6. Understanding the justification of a credit line decision by examining the process of establishing credit lines and new account set-up.

7. Learning the company culture and integrate efficiency in the work process with emphasis on internal controls.

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Essential Duties and Responsibilities:

1. ​Work with Management Center, Division, and Plants to coordinate system implementation to affiliates including, but not limited to, purchasing, marketing, production, material, and credit system to ensure the system meets business needs.

2. Perform system audits to ensure that users utilize the system reports efficiently as designed, making necessary change recommendations for improvement.

3. Understand corporate procedures and related system SOPs to standardize business operations and/or reflect business changes.

4. Perform research/benchmark studies and make necessary procedural/system recommendations to improve business processes and company competitiveness.

5. Participate in internal audits, including proposing/revising audit checklists, collecting data, conducting onsite audits, and drafting final audit reports.

6. Monitor and compare monthly performance, including but not limited to sales, production, cost of shipping, etc. Prepare recommendations with analysis and proposed solutions for decision making.

7. Search and collect market information, including market share, competitor analysis, product comparison, etc.

8. Learn and assist in creating new credit accounts and interact with sales and marketing to complete necessary documents, including NAN's contract proposals, etc.

9. Learn and assist in accounts reconciliations and payment deduction discrepancies and customer claim resolutions (e.g., settlement follow-up).

10. Conduct basic credit reviews: obtaining and understanding credit information and sources; monitoring credit risk through Dun & Bradstreet, Internet Financial sources such as SEC, etc.; and recommend and review how customer financial statements and financial analysis are determined.

11. Perform detailed financial analysis, including important factors, key ratios, and determining credit capability.

12. Review collateralized forms of security: Understanding Stand-By Letters of Credit, when used and the internal process; UCC I filings, Consignment & the Uniform Commercial Code; and Personal Guarantee and Cross corporate Guarantee.

13. Develop a complete overview and understanding of the Workflow system: reviewing all the aspects of the credit functions in the Workflow; understanding all credit-related systems; and conducting the Internal Control overview of authority levels, credit line authorization limits, and write-off limits.

14. Conduct general department operations such as an overview of credit function: day-to-day functions of the credit department and performance targets (benchmarking). The intern will be given an overview of all facets of credit and accounts receivable functions.

15. Perform special projects as assigned.

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Qualifications

A. Technical Job Criteria (Minimal Technical Requirements)

1. Previous Related Experience Required.

(a) Some prior work experience in related fields.

(b) Presently enrolled in a management-related program.

2. Technical Skills Required to Perform This Job

(a) Proficiency in MS Word and Excel.

(b) Excellent oral/written communication skills.

3. Education (Minimal Education Needed)

(a) 4-year college degree

(b) Enrolled in a management-related program

4. Other Certification/Training Required to Gain Function-Related Technical Knowledge

5. Other Requirements (Physical/Mental Demand, Schedule/Hours, Travel)

(a)Strong problem-solving skills and ability to assess when an issue must be escalated to the next level.

(b)MUST be detail-oriented, highly organized, and have excellent follow-up skills.

(c)Need to be able to travel if needed.

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B. Function-Specific Competencies/Behaviors

1. Ethics and responsiveness

2. Analytic capabilities

3. Objectives and performance

4. Initiatives and problem solving

5. Information seeking

6. Organization of time work

The physical and mental capabilities required in this job are those essential to perform Major Areas of Accountability. The company intends to comply fully with the Americans with Disabilities Act, all other applicable regulatory legislation, and, to treat each employee with fairness, equity, and consistency.

7. Possessing the following abilities is a plus

• Accounting

• Financial Management

• Information Management

• Marketing Management

• Logistics Management

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Individual Specific Job Task

1. Review and verify records/operational data, compliance with standards, policies, and procedures.

2. Inspect items in books of original entry to determine if accepted accounting procedure was followed in recording transactions

3. Assist system implementation for affiliates. Assignments include but not limited to data conversion, system testing, training, and improvement.

4. Audit implementation and performance of various systems/procedures, including but not limited to purchasing, material control, maintenance, marketing, A/P, A/R, and operations.

5. Compare the company's performance with industry benchmarks, or among divisions.

6. Recommend changes, ensure that company policies and procedures are followed and establish techniques to discover and prevent fraud.

7. Prepare audit findings and recommendations.

8. Develop procedures and policies and provide user training as needed.

9. Provide solutions; think ahead for the client and manager, and interpret guidance and policies to provide workable solutions and help management cut costs, save on taxes, and increase profit.

10. Recommend and propose system and procedure changes.

11. Special project assignments, including jobs on affiliated companies.