VP, Finance & Controller

Spring EQ LLC•Philadelphia, PA

5h•Hybrid

About The Position

The VP Finance and Controller is a senior leadership role responsible for overseeing the financial management and accounting functions of the organization. This includes ensuring the accuracy and integrity of financial reporting, leading financial operations, managing accounting teams, and ensuring compliance with both internal policies and external regulatory requirements. The VP Finance & Controller will manage financial controls, the month-end close process, and audit activities, while partnering closely with senior leadership to drive strategic financial decisions and support the forecasting and budgeting process.

Requirements

Expertise in financial reporting, accounting standards, and regulatory compliance.
Advanced proficiency in financial software and ERP systems (MS Dynamics, Oracle, QuickBooks, etc.).
Strong leadership, team-building, and communication skills.
Excellent problem-solving and analytical skills, with the ability to work under pressure and meet deadlines.
Bachelor’s degree in Accounting, Finance, or a related field.
8+ years of experience in accounting and finance, with at least 5 years in a leadership role within the mortgage or financial services industry.
In-depth knowledge of mortgage products, loan servicing, securitization, and regulatory compliance (RESPA, HMDA, FASB, IFRS, etc.).
Proven experience leading financial reporting, accounting operations, budgeting, forecasting, and financial analysis.
Extensive experience managing internal controls, audits, and working with external auditors.
Candidates must have current, unrestricted authorization to work in the United States. The Company does not sponsor or support employment‑based visas, extensions, renewals, or any immigration‑related programs now or in the future.

Nice To Haves

A Master’s in Business Administration (MBA) or Finance, or CPA certification is highly preferred.

Responsibilities

Manages a team of Finance & Accounting professionals
Lead the preparation and consolidation of monthly, quarterly, and annual financial statements for the company, ensuring that they comply with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.
Oversee internal and external audits, ensuring the integrity of the financial statements and compliance with industry regulations (e.g., RESPA, HMDA, and other mortgage-specific standards).
Coordinate with external auditors and regulatory bodies to ensure proper compliance and address any audit inquiries or concerns.
Oversee day-to-day accounting operations for mortgage loan origination, servicing, and securitization activities, ensuring timely and accurate recording of all financial transactions.
Ensure strong internal controls are in place to protect against financial risks, fraud, and misreporting.
Lead the month-end, quarter-end, and year-end close processes, ensuring that all financial data is reported accurately and in a timely manner.
Establish and maintain accounting policies and procedures that align with the company’s overall financial goals.
Collaborate with senior management and VP of Finance to develop budgets and forecasts for the company, analyzing variances and recommending corrective actions to ensure that financial targets are met.
Provide in-depth financial analysis to support business decisions related to pricing, profitability, capital allocation, and financial risk management.
Monitor key financial performance indicators (KPIs) for the mortgage business, including loan production, servicing costs, capital efficiency, and risk-adjusted returns.
Lead and mentor a team of finance and accounting professionals, fostering a culture of collaboration, performance excellence, and professional development.
Provide ongoing training and development opportunities to the finance team to ensure they are equipped with the necessary tools and knowledge to perform at the highest level.
Ensure that all team members are working effectively to meet deadlines, support strategic initiatives, and maintain high standards of financial accuracy and compliance.
Support the treasury function in managing debt, liquidity, and cash flow requirements for mortgage operations.
Collaborate with senior leadership on structuring and managing the funding requirements for the mortgage loan portfolios, including secondary market transactions.
Ensure full compliance with financial regulations and accounting standards that affect the mortgage business.
Stay current on changes to industry regulations, accounting standards, and mortgage-specific laws (e.g., FASB, IFRS, and tax regulations).
Work closely with risk management teams to assess financial risks and implement strategies to minimize exposure, including managing interest rate risk, credit risk, and operational risk.
Partner with the executive team to set long-term financial strategies for the company.
Evaluate potential mergers, acquisitions, joint ventures, or new product lines, conducting due diligence, and providing financial analysis to inform strategic decision-making.
Provide financial leadership and insights to help steer the mortgage business through changes in the regulatory landscape or competitive market conditions.
Drive continuous improvement in accounting processes, reporting systems, and financial controls to ensure efficiency and accuracy.
Collaborate with IT, data management and operations teams to enhance accounting systems and financial reporting tools, integrating technology solutions that streamline accounting and financial operations.