Controller

US-CA-Woodland Hills
Req No.
2017-8000
Type
Regular Full-Time

Overview

JH Capital Group Holdings LLC (“JH”), is a diversified specialty finance company that provides a wide range of solutions for consumers and businesses across a broad range of assets. The company is a national leader in purchasing distressed debt from major financial institutions with complementary collection, settlement, and lending businesses, providing end-to-end solutions throughout the consumer credit lifecycle. The JH mission is to follow consumers through the journey form distress to rehabilitation, ensuring recovery from financial difficulty as quickly as possible. JH creates inclusive strategies that build a value chain for our consumers, and develop individual solutions that empower each consumer towards financial success.

 

 

The Controller is a critical role with purview over a significant subsidiary of this financial service company’s consolidated group.   The Controller has the overall responsibility for the entity’s accounting operations and timely & accurate financial reporting (including financial reports for licensing), overseeing accounting and personnel, and managing all aspects of accounting while ensuring policies and procedures are followed, including all relevant federal and state regulatory rules.

 

 

The Controller role will work directly with the company’s external and internal auditors, and is a position that requires an expertise and understanding in all aspects of the technical accounting and SEC reporting, including joint venture accounting, revenue recognition from contracts with customers, loan and debt securities with deteriorated credit quality, debt issuance costs, equity and equity based compensation, variable interest entities, and hedging.  

This position reports to the holding Company Corporate Controller, who reports directly to the Chief Accounting Officer.

Responsibilities

Must identify, drive and implement process change opportunities and initiatives throughout the global development organization and other impacted global organization. Will lead, facilitate and bring to consensus cross-functional task teams in the design, implementation and sustainment of new process solutions to support specific product development efforts.

  • Reviews and maintains financial records to ensure accessibility and readiness for internal and external needs, including auditors.
  • Manage monthly, quarterly and annual close:
    • Issue timely and complete monthly and quarterly and statements and reporting package with supporting schedules
    • Prepare quarterly and annual financial statements including supporting schedules
    • Preparation of management discussion and analysis for all constituents
    • Resolves accounting discrepancies and irregularities
    • Review of subsidiary consolidated financial statements prepared by Subsidiary Controller
    • Prepare and analyze accretion revenue and portfolio performance on monthly basis.
    • Supervise and train accounting staff:
    • Establishes processes and procedures, create templates for staff to ensure general ledger records are updated in compliance with GAAP
    • Reviews the general ledger and analyzes to ensure all accounts are reconciled and transactions are recorded properly
    • Prepares advanced journal entries in compliance with GAAP
    • Reviews Bank Reconciliations and other month-end work products prepared by staff
    • Reviews cash transactions and prepares transaction summary for A/P to generate year-end 1099 and 1096 forms
    • Support routine and situational SEC filings working in concert with the Director of SEC Reporting.
    • Develops, implement and/or makes enhancements to accounting control procedures.
    • Manages annual budgets and forecasts.
    • Supervises or collaborates with A/P, Treasury or Licensing department, as needed.
    • Reads business agreements to determine the effect on accounting, and to ensure the company stays in compliance and meets all covenants.
    • Monitors compliance with local, state, regulatory and government requirements, including:
    • Reviews or prepares financial data or reports for business licensing renewals and property insurance renewals
    • Prepare reports for regulatory agencies
    • Assembles and prepares schedules for tax preparation
    • Takes on assignments for other related duties as directed by the Senior management team:
    • Active member of ERP implementation committee
    • Develops and compiles financial and operating metrics to measure financial performance
    • Assists with preparation for staff training and makes presentation
    • Assist in bank presentations as requested
    • Energetically collaborates with different levels of staff.
    • Training, coaching staff; planning, monitoring and appraising job results.
    • Maintains professional and technical knowledge.

Qualifications

  • Excellent knowledge of Generally Accepted Accounting Principles and ability to research accounting standards
  • Public Accounting experience with auditing of SEC listed companies is highly preferred
  • Leadership
  • Extremely high business ethics
  • Excellent verbal and written communication skills with staff, colleagues and executives
  • Attention to detail
  • Meeting critical deadlines with high quality work product
  • Adding value with knowledge of processes and potential improvements
  • Highly organized and able to multi-task
  • QuickBooks Accounting system knowledge (intermediate to advance a must)
  • Intermediate Excel and Word usage, advanced preferred
  • Strong Analytical skills and attention to detail; problem solving skills
  • Self-starter with ability to rapidly adapt in fast-paced environment
  • Identify, drive and implement change opportunities and initiatives

Education / Credentialing Requirements

Minimum of 6-8 years of experience related to the above, including:

  • CPA with SEC experience at National CPA Firm is a plus; and/or experience with publicly traded company
  • BS in Business, Accounting or Finance, MBA a plus
  • Financial services experience is a plus

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