Director, Loan & Pool Accounting

This is a fully remote position, open to applicants in Illinois, +2 more states.

📋 Description

• Managing the accounting and financial reporting of loan transaction activities in compliance with Generally Accepted Accounting Principles (GAAP)

• Ensuring precise accounting treatment, financial statement disclosures, and internal controls pertaining to loan transactions and pooled loan assets

• Leading, mentoring, and nurturing a team comprising four Accountants and one Accounting Manager

• Developing, maintaining, and enhancing essential process documentation to support internal controls, auditing requirements, regulatory compliance, and operational consistency

• Overseeing monthly variance analyses and effectively conveying key drivers, trends, and business impacts to management and stakeholders

• Collaborating with the Treasury team to ascertain the appropriate GAAP accounting treatment

• Directing the preparation and review of journal entries, monthly bank reconciliations, external reporting requirements, and entity-level financial reporting

• Supervising accounting and reconciliation tasks related to third-party net settlement processes

• Assisting external financial statement audits, SOC 1 examinations, and compliance audits by providing necessary documentation, analysis, and audit support

• Identifying, suggesting, and executing process improvements and automation opportunities to boost efficiency, accuracy, and scalability

• Reviewing the work of offshore accounting resources to ensure quality, consistency, and timely completion of deliverables

• Acting as the Accounting representative in cross-functional growth initiatives, strategic projects, and system modernization efforts

• Monitoring and enhancing internal controls to ensure adherence to company policies, regulatory requirements, and accounting standards

⛳️ Requirements

• Bachelor’s degree in Accounting, or equivalent work experience is required

• Certified Public Accountant (CPA) designation (either active or inactive) is required

• 7 years of progressive accounting experience with increasing levels of responsibility is required

• 3 years of experience in people management is required

• 2 years of public accounting experience is required

• Strong comprehension of GAAP, financial reporting, internal controls, and audit processes

• Experience with large data sets and data analysis tools is preferred

• Advanced Microsoft Excel skills, including the ability to analyze and manipulate large volumes of data, are preferred

• Proficiency in Microsoft Office Suite applications

• Experience leading process improvements, automation, or system enhancement initiatives is preferred

🏝️ Benefits

• Flexible and consumer-oriented financing programs

• Values that are deeply embedded in a midwestern culture

• A preferred employer