SVP, Chief Accounting Officer

JOB SUMMARY: Responsible for managing all phases of corporate accounting, financial reporting, accounting operations, and tax reporting. The role requires a deep understanding of accounting principles, financial regulations, and financial service industry best practices to maintain accurate and transparent financial records.

ESSENTIAL JOB FUNCTIONS:

Key responsibilities of the SVP, Chief Accounting Officer:

• Manage all aspects of accounting, financial reporting, and accounting operations ensuring compliance with US GAAP.
• Oversee the completion of month end close activities and prioritize staff assignments to meet timeframes established for month-end, quarter-end and annual closing of the general ledger and financial reporting.
• Responsible for ensuring that reconciliations are accurate, complete and in compliance with GAAP. As needed, streamline, and simplify all required financial processes; understand connection and impact to operations.
• Oversees the CECL calculation and qualitative factors to ensure credit losses are accounted for in accordance with GAAP.
• Manages the accounting for securitizations, fair value accounting, and interest rate derivatives in accordance with GAAP and Company’s policies.
• Manage the full cycle of the accounts payable process, from invoice receipt to payment including 1099 tax reporting.
• Preparation and communication of monthly, quarterly, and annual financial statements and reporting to all constituents.
• Preparation of monthly cost center reporting in collaboration with FP&A.
• Monitors new accounting developments, evaluates potential impact of proposed accounting pronouncements, and implements new accounting requirements as required.
• Implement consistent accounting policies, practices, and procedures adhering to national and local legal standards while remaining knowledgeable of proposed legislation.
• Develop, implement, and ensure compliance with internal financial control policies and procedures, SOX, and regulations the Company is subject to.
• Coordinate and manage internal and external audits, including interacting with auditors providing all required documentation, communication of critical accounting processes and addressing any findings or recommendations.
• Manages the filing of various tax schedules for local, State, and Federal agencies, as well as researching and responding to related inquiries.
• Maintain the GL structure of the Company including maintenance of GL accounts, creating new GL accounts as required, adding new branches, cost centers, entities, and verifying reporting codes to ensure accurate financial and management reporting.
• Working closely with operations, IT, and vendors enhance and implement accounting systems, software, databases, tools, and control systems while ensuring proper functioning.
• Provides comprehensive financial updates and insights to senior managers and the board of directors by evaluating, analyzing, and reporting appropriate data points while providing recommendations.
• Manages the accounting team with dynamic leadership that creates an environment of trust, continuous improvement, and teamwork including coaching, mentoring and career development.
• Create and maintain key performance indicators (KPIs) and key risk indicators (KRIs) to monitor the accounting department’s development and performance.
• Working with and assisting the Chief Financial Officer as needed.

OTHER JOB FUNCTIONS:

• Must be able to work overtime, as needed.

MINIMUM QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required.

• CPA certification required.
• Strong knowledge and understanding of accounting concepts & standards under US GAAP.
• Bachelor’s degree in accounting, Finance, Business Administration, Economics, or other related field of study required.
• 8+ years of financial accounting experience within the Financial Services sector experience.
• Experience accounting and reporting for a loan portfolio and for securitization structures.

• Commitment to recruiting, mentoring, training, and retaining a diverse team; the foresight and ability to delegate accordingly.
• High level of proficiency in Microsoft Office (especially Excel).
• Experience and knowledge with Blackline and / or Financial Force (GL) is a plus.
• Excellent organizational skills and attention to detail with the ability to manage multiple priorities and meet established deadlines.
• Analytical ability to interpret large quantities