Corporate Controller

Southstar Capital LLC•Mount Pleasant, SC

6d•Onsite

About The Position

The Corporate Controller is responsible for overseeing all accounting, financial reporting, and internal control activities for the company. In a Factoring environment, this role plays a critical part in managing flows of receivables portfolios, advancing funds, revenue recognition, credit risk reporting, and regulatory compliance. The Controller will lead the accounting function, ensure accurate and timely financial statements on a GAAP basis, and provide meaningful financial insights to executive leadership to support growth, profitability, and risk management.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
7+ years of progressive accounting experience, preferably within financial services, factoring, asset‑based lending, or specialty finance.
Strong working knowledge of GAAP and financial reporting.
Experience managing accounting operations and leading teams.
Advanced proficiency in Excel and accounting/ERP systems.
Strong analytical, problem‑solving, and decision‑making skills.
Detail‑oriented with a high level of accuracy and accountability.
Effective leadership, communication, and interpersonal skills.
Ability to manage multiple priorities in a fast‑paced environment.
High level of integrity, judgment, and professionalism.

Nice To Haves

CPA designation.
Prior experience in Factoring, commercial finance, or receivables‑based lending.
Familiarity with credit risk reporting, loan accounting, and lender compliance requirements.
Experience working with auditors, banks, and regulatory bodies.

Responsibilities

Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP.
Manage revenue recognition related to Factoring transactions, including Factoring fees, discounts, and interest income.
Ensure accurate accounting for purchased receivables, client reserves, charge‑offs, and credit losses.
Maintain and enhance the general ledger, chart of accounts, and accounting policies.
Lead the monthly close process and ensure timely, accurate reporting.
Oversee accounting for client advances, collections, settlements, and reserve activity.
Partner closely with credit, operations, and funding teams to ensure proper recording of factoring activity.
Review and analyze client aging, portfolio performance, concentration exposure, and yield metrics.
Support pricing analysis, client profitability reporting, and margin analysis.
Design, implement, and maintain effective internal controls to safeguard company assets and mitigate risk.
Ensure compliance with applicable federal, state, and local regulations.
Coordinate external audits, lender examinations, and tax engagements.
Oversee preparation and filing of all required tax returns (income, payroll, sales/use, and other applicable filings).
Lead, mentor, and develop the accounting and finance team.
Establish scalable accounting processes and best practices to support operational growth.
Promote collaboration across departments including credit, operations, treasury, and executive leadership.
Partner with the COO and President on budgeting, forecasting, and long‑term financial planning.
Prepare financial analyses, KPIs, and reporting packages for senior management.
Support bank reporting, covenant compliance, and lender relationships.
Work with Accounting team to prepare and submit weekly portfolio and financial reporting to Senior lender.
Assist with acquisitions, portfolio purchases, or strategic initiatives as applicable.