What are the responsibilities and job description for the AVP / VP, Portfolio Company Controller position at Bayview Asset Management?
Job Description
Overview
POSITION SUMMARY :
The Portfolio Company Controller will be responsible for ensuring the accuracy and managing the accounting activities and financial operations of five (5) portfolio companies within Bayview Asset Management’s MSR fund. The portfolio companies are : house flipping, general contracting, home improvement lending, fintech, and real estate brokerage.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
The following job functions are not all-inclusive. The employee will be required to perform other job-related tasks / responsibilities as requested. Job duties may change as required by needs of the company.
- Assist in the preparation and analysis of financial statements, expense reporting, forecasts, and ad hoc projects as needed.
- Conduct in-depth financial analysis, identifying trends, variances, and opportunities for improvement.
- Maintain books and records for the portfolio companies as well as manage fund expenses and allocations.
- Create / update policies on items such as prepaids, fixed assets, and account reconciliations.
- Oversee monthly processes such as expense accruals
- Manage the month-end close process, including journal entries, reconciliations, and financial statement preparation.
- Coordinate and lead audit activities, liaising with external auditors and ensuring compliance with audit requirements. Address any audit findings promptly.
- Work effectively with other parts of the Finance department such as Treasury Operations, Fund Accounting, and Accounts Payable.
- Continuously evaluate and improve accounting and finance processes to enhance efficiency and accuracy.
- Foster a culture of collaboration and excellence within the department.
- Undertake ad-hoc projects and initiatives as directed by the VP, Fund Control.
SKILLS / KNOWLEDGE / ABILITIES :
EDUCATION AND EXPERIENCE :
CERTIFICATIONS, LICENSES AND / OR REGISTRATION :
LOCATION & COMPENSATION :
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and hear. The noise level in the work environment is usually moderate. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
EEOC
Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.
Salary : $145,000 - $175,000
