Sr. Vice President/CPA - Finance
World Business Lenders, LLC, United States
Job Description
About World Business Lenders (www.wbl.com):
World Business Lenders provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the country that lack access to traditional funding. WBL services its loan portfolio and loan portfolios for third parties, specializing in the management of non-performing loan pools and REO. As a matter of corporate governance, the company is steadfast in maintaining diversity in its workforce and boardroom, embracing its social responsibility and strengthening its ties to the communities it serves.
Position Description:
This is a key leadership position that will enable the successful candidate to join a rapidly growing company, report directly to and work closely with the CFO, and play a critical senior role in the Finance department.
Job responsibilities include:
- Lead and manage accounting department staff (including 2 Turkey-based Assistant Controllers, AP and AR staff), and related functions, including accounting for loans, fixed assets, for NPL and REO assets, fees, prepaid expenses, accrued expenses, and other accounts (FAS 91 accounting).
- Oversee WBL’s ledger and financial accounts, cost controls, and other financial reporting and auditing functions.
- In collaboration with CFO, establish financial and operating benchmarks, budgets, program monitoring and reporting standards on a monthly, quarterly and annual basis.
- Assess and evaluate the financial performance of the organization with regard to goals, budgets and forecasts.
- Oversee the timeliness and accuracy of financial and management reporting data.
- Determine accounting and tax implications for all material business decisions.
- Ensure compliance with all applicable accounting policies, procedures, processes and internal controls; develop and implement additional policies, procedures, processes and internal controls as needed/recommended.
- Ensure conformity with professional accounting standards and best practices in accordance with GAAP.
- Manage cash flow planning, ensure funds availability and oversee cash management processes.
- Manage the scheduling of wires, ACH and book transfers; review and approve large payables, wires and ACHs.
- Maintain corporate banking relationships and serve as key point of contact for external auditors/tax accounting firms.
- Manage the reconciliation of select GL accounts, including cash and accrual accounts.
- Oversee monthly close and annual required reporting/filing, including 1099s and K-1s.
- Lead special accounting projects, including automation of processes through in-house initiatives/3rd party vendors.
- Ensure timely vendor payment, review and monitor accounts payable aging analysis.
- Other projects and duties as assigned.
Requirements
- CPA in active status required.
- Recent experience in a mortgage or small business lending setting
- Undergraduate degree in Accounting or Finance, or equivalent work experience required; graduate degree preferred.
- 10-15 years general accounting experience and demonstrated technical accounting knowledge.
- Experience with Sage GL and AP is preferred, but not required.
- Proficiency in MS Office.
- Ability to navigate through automation projects preferred.
- Ability to handle confidential information in a discreet, professional manner.
- Ability to prioritize and to multitask in a fast-paced environment.
- Excellent organizational and analytical skills.
- High energy, positive attitude, proactive problem solver.
- Strong interpersonal skills and ability to concisely communicate.
Must be able to satisfactorily complete a background check
Must be authorized to work in the United States
Benefits
• Compensation package $170,000-180,000 DOE, plus equity; eligibility for discretionary variable compensation
• Vacation/holiday pay and 401(k) Plan with company match; benefit package (Medical/Dental/Vision coverage, Life/Accident/Short-Term Disability insurance); Employee Assistance Program
EOE M/F/D/V/SO
World Business Lenders does not sponsor work visas for this position.
World Business Lenders participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States.