Vice President

Reporting to the Chief Executive Officer, or designee, this position is responsible for reporting to and advising the Chief Executive Officer on matters including overseeing all finance, strategy, and accounting functions of the company. This includes oversight of portfolio pricing analytics, accounting operational staff, cash management, reporting, development and oversight of effective controls, analysis of cash flows, among other duties.

Essential Duties and Responsibilities:

• Oversee the financial activities of the Company to maximize company’s profits and plan for its growth.
• Prepare timely and accurate analyses, summaries, and reports of financial data on the operating progress of the company.
• Ensure accurate and timely financial reporting to clients of their transactions and timely remittance of funds. Ensure consumer payments are posted timely, accurately, meeting all Company and Client requirements.
• Create a reliable cash flow projection process and reporting structure that includes a minimum cash threshold to meet operational needs.
• In conjunction with the company’s parent and sister organizations, coordinate with the company’s Audit and Compliance team on all internal and client audits including deliverables, audit responses, and remediation.
• Ensure compliance with state and federal tax laws and regulations, as well as industry and client standards and regulations. Partner with the CEO and senior leaders to create an annual budget. Ensure the budget is being managed to and proactively communicate on tracking.
• Oversee, direct, and organize the work of the accounting operational teams including training where necessary, ensuring effective controls exist and are followed. Ensure accurate and timely completion of all financial activities.
• Manage and oversee relationship with independent auditors and tax preparers. Ensure successful and timely completion of the annual financial audit and tax returns.
• Work directly with Senior Leadership in the Administration of External Credit Facility relationships including Origination, Reconciliation, Distribution and Covenant Administration.
• Translates complex business analytics into solutions through hypothesis development, defining the analytical framework, identifying and analyzing appropriate data to support hypothesis, and scoping operational feasibility.
• Builds predictive collections curves and capacity models
• Maximizes return on invested funds by identifying investment portfolio purchase opportunities and maintaining relationships with the investment seller and lender.
• Other responsibilities as assigned.

Required Skills/Abilities:

• Advanced Excel Spreadsheet Skills
• Financial Acumen / Accounting Principles
• Familiarity with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”)– Credit Losses (“ASC 326”) - Current Expected Credit Losses (CECL) accounting standard to account for expected credit losses (ECL) and take a forward-looking approach to credit loss recognition.
• Problem Solving
• Must have background in Data Modeling, Data Mining, and implementation, Data Warehousing and various Financial Modeling including Internal Rate of Return, Net Present Value calculations as well as Regression Analysis.
• Should have functional ability in various platforms including SQL Server, & SQL Server Management Studio.
• Results Driven
• Strategic Thinking Skills
• Strong Communication Skills
• Strong time management and task management skills
• The Ability to perform and manage multiple tasks simultaneously while maintaining a high work standard.

Education and Experience:

Requires a Bachelor’s Degree, Master’s preferred plus 6-10 years of experience in accounting or finance; prefer a professional accreditation such as a CPA, CFA, CFE, or CMA. Must have knowledge of all aspects of generally accepted accounting principles and maintain knowledge through ongoing research and education. Prior team management experience and the ability to develop a high performing team are required. Must demonstrate leadership skills and ability to work with Senior Level Executives, Clients, and other Departments leaders. Strong analytical and computation skills as well as demonstrated critical thinking and problem-solving skills are a must.

Work Environment:

The position has the potential for a hybrid work arrangement and requires 10-15% travel.