VP, Financial Controller

Location: California

## VP, Financial Controller Apply locations:
CA, Sherman Oakstime type:
Full time posted on:
Posted 5 Days Agojob requisition :
R9824

Genesis Capital (the “Company”) 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.

The VP, Financial Controller position will 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.
** ESSENTIAL FUNCTIONS
** include the following. Other duties may be assigned.
* 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.#

Education and Experience To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
* 10+ years’ experience executing and overseeing accounting functions and managing a team of junior accountants
* B.S. or advanced 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…