VP, Financial Controller

Genesis Capital LLC•Los Angeles, CA

2d•Onsite

About The Position

Genesis Capital is seeking a VP, Financial Controller to oversee all accounting functions, including loan accounting, financial reporting, SOX maintenance, internal audit oversight, A/P, payroll review, and tax coordination. The ideal candidate is an experienced VP of Accounting or Controller who leads an accounting team that supports organizational strategy and at the same time knows the details of day-to-day operational needs. The role will work closely with the Executive Team and the Company’s equity partner. Genesis Capital is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.

Requirements

8+ years’ experience executing and overseeing accounting functions and managing a team of junior accountants
B.S. or Advance Degree in Accounting, Finance, Economics, or similar degree
Demonstrated proficiency in financial analysis and some knowledge of FP&A modeling
Advanced US GAAP knowledge, specifically focused on loan and debt accounting
Experience in management and SEC reporting
Demonstrated experience in establishing and running a SOX control framework
Experience operating a general ledger and overseeing month end closes
High-level presentation and communication skills, both written and oral, with strong project management, problem-solving and conflict resolution skills
Exceptional time management skills, coupled with the ability to handle multiple, complex, and competing priorities and projects, and delivering on promises made
Proficiency in Microsoft Office suite with exceptional skills in Excel

Nice To Haves

Certified Public Accountant
Worked in real estate and / or lending or a related field preferred
Strong verbal and written communication skills
Deadline oriented with strong analytical and presentation skills
Ability to interface with Executive level stakeholders
Ability to take initiative with a clear business purpose in mind
Ability to maintain confidentiality
High level of accountability and a dedication to producing high-quality work that is easily consumable by executives and managers
Ability and desire to work in a fast-paced environment
An understanding of balance sheet business
Team player

Responsibilities

Partner with and take direction from members of the Executive Team to help create forecasts and analysis of the firm’s financial position
Enhance internal control framework including SOX compliance and audit ready accounting functions
Play a supporting role in preparing investor materials along with other presentation-oriented materials as directed by the Executive Team and the Company’s private equity partner
Provide accounting guidance on US GAAP treatment including FV loan accounting, and debt accounting
Oversee and supervise the accounting team, including A/P, A/R and month end close
Guide teams in proactively identifying and resolving issues, including optimizing workflows through automation, control by exception and other best practices for an effective and efficient accounting function
Manage production of financial reporting materials for both SEC filings and internal management presentations
Coordinate with Strategy & Analytics on preparing annual budget and running analytics to track performance to budget, offering insights and thoughts to drive overall firm performance
Collaborate with business users at all levels of the organization, and technology team members to implement comprehensive and sustainable solutions
Oversee funders responsible for final loan approval and wire process on all loan fundings
Managing expense policy and compliance via expense reimbursement process
Owner of the financial system including responsibility for leading automation projects to optimize teamwork flows and help scale the business
Learn Genesis’ core business model and conceptualize new growth verticals and product suites
Prioritize workflow and projects such that the combined efforts of all involved are focused on opportunities truly accretive to the Company’s long-term value creation
Manage ad hoc projects, analysis, and initiatives as may be delegated from firm management
Performs related duties as assigned by management.