What are the responsibilities and job description for the VP, Corporate Controller position at Kinective?
Job Description
Job Description
Description :
Ready to be a part of the company transforming FinTech and how the world accesses banking services?
When was the last time you were excited about interacting with your bank or credit union? If the answer is, “a while,” then you’re in good company. Even though access to better financial choices is at the heart of empowering communities, businesses, and people, financial institutions (FIs) are struggling to keep up with modern expectations.
And that’s where Kinective comes in. We’re here to change the way the world accesses and thinks about banking through software that connects a historically “boring” industry to the latest and greatest fintechs shaping the industry.
Ok... but what does all of that actually mean? Banks and credit unions are using some old-school systems, which make adopting new and innovative technology difficult (if not impossible). If you think it’s easy for your local branch to send you a receipt via text… think again.
Want proof? As the largest provider of software connectivity to 1 in 4 U.S. financial institutions, we are the leading company transforming the way banking is done for credit unions and banks. In fact, Forbes recently released their Best Banks in the World report, and Kinective works with over 60% of their named banks!
Kinective is the connector (get it?) that bridges that technology gap and helps modernize the way banking works. Our ~300 team of mega-talented and passionate folks are brought together with the unifying desire to make life easier (and better) for our clients and ultimately paving the way for banks and credit unions to modernize banking for everyone.
What you’ll own :
The VP, Corporate Controller reports directly to the CFO, providing additional support to executive team members, as directed, to ensure that company goals are achieved and business operations run smoothly and efficiently. The successful candidate proactively maintains and refines financial and operational processes and internal controls that support the Company’s organic and inorganic growth goals.
The VP, Corporate Controller will be responsible for and manage all financial accounting and operations for Kinective, including treasury / cash management and income taxes. This role will direct all accounting operations, including internal and external GAAP financial reporting, financial operations (billings, accounts receivable, accounts payable, sales taxes, expense reporting), and lender reporting and compliance.
The VP, Corporate Controller will also own the relationship with external auditors, taking responsibility for the overall audit engagement process, including consolidated and statutory reporting requirements. This role will also support the evaluation and recommendations of new accounting pronouncements, system implementations, and proposals specific to revenue growth and cost / expense management. This role is critical to the growth and success of our business and requires a proactive professional to grow and improve the finance team.
Key Relationships :
CFO, CEO, Finance & Accounting team, Executive Leadership team (ELT), External Auditors, Lenders, Outside Professional Services Providers, and Kinective Employees
Duties :
- Lead a team of 8 with all aspects of GAAP accounting and reporting, ensuring all team members are performing and have the required skill level to succeed in their roles
- Set the annual finance strategy and direction of the group alongside the CFO and Director, FP&A
- Work closely with FP&A director and key functional leadership to manage detailed budgets
- Implement finance strategies and processes through effective management and delegation to the finance and accounting team
- Manage all financial accounting, internal controls, and financial operations processes ensuring compliance and a high level of accuracy :
- Recommend new and / or improved accounting and reporting policies and practices
- Research, monitor, and implement technical accounting developments
- Oversee all accounting policies, including revenue recognition
- Develop and maintain a sound accounting control environment
- Prepare and review of monthly financial statements, ensuring these evolve with the changing requirements of the business
- Manage and coordinate completion of all state and federal taxation and compliance reporting on a timely basis
- Ensure the company passes all required audits and the audit process is managed smoothly for minimal disruption to the team and business
- Lead project management of any required finance projects, ensuring on time and on budget completion, including M&A diligence and integration
- Drive process improvements, including moving from an existing outsourced accounting model to reduce month-end closing timelines and improve analytics related to budget variances, revenue recognition and deferred revenue waterfalls
- Manage corporate insurance policies and renewals
Key Performance Indicators :
Requirements :
Necessary Qualifications :
Required Experience :
Why Kinective?
We’re transforming our industry. You’re hopping into a rocket ship when you join the Kinective team. We have our sights set on becoming the go-to banking technology enabler, giving our customers total freedom in choosing any system, technology, or provider to scale their innovation efforts and have it integrate with their banking core. Oh, and we should mention, we’re the only ones doing that right now .
We love our customers (and they love us, too). Creating incredible customer outcomes is a unifying value at Kinective, with over a 95% customer retention rate.
All the benefits. We care about you on and off the clock, which is why we are proud to offer plenty of great benefits to choose from. A generously flexible PTO, medical, dental, vision, even pet insurance, just to name a few.
We’re cool people building cool stuff. Underneath all the banking acronyms and terminologies is a team of driven people building the future of banking. We value a workplace that allows us to work hard, be challenged, and ultimately be supported in our endeavors.
What does life at Kinective look like?
Bid adieu to snooze-fest corporate gigs. At Kinective, we believe that balance is key. We know how to have fun, and how to meet deadlines. We know how to collaborate and enjoy comradery, and how to provide feedback to help each other grow professionally.
Our culture empowers team members to take the lead, upholds integrity as our bedrock, and values trust and respect in all our operations. We believe in learning new skills, mentoring colleagues, and nurturing personal development. That’s why we seek to promote from within and give our team members the opportunity to rise with us.
Our Values
Deliver success. We strive to exceed customer expectations. We are powered by a relentless commitment to delivering quality and service to our customers. We turn everyday interactions into positive, memorable experiences that create long-lasting Kinective ambassadors.
Grit with grace. We face problems head on, respecting others along the way. We aren’t afraid to step outside of our comfort zone to accomplish the common goal. We believe that progress thrives on constructive dialogue and a commitment to understanding.
One Kinective. Together, we win. By embracing a “better together” mindset, we unleash the full potential of our team and propel Kinective from good to great.
Build the future. We are driven by the pursuit of what’s possible. Building the future requires embracing change and challenging the status quo. We believe that the best idea wins, embodying a culture of innovation.
Office Expectations : This role is HYBRID, with an expectation of 4 days a week in-office. Our hours are 8-5pm.
Consideration will be made for a remote arrangement depending on qualifications and circumstances, but there will be the expectation to be in the main headquarters on a regular basis. Flexibility is required to work outside normal office hours when the need arises.