Newrez

VP, Financial Controller

Sherman Oaks, CA, US$180,000-$230,000Posted 2 months ago

Job Description

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 t...

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