CMAX Finance LLC (“CMAX”) is a specialty finance company which provides loans to small and mid-sized companies in the debt settlement business to support their purchase of distressed consumer debt. CMAX has provided structured finance solutions to customers since 2010, serving generating in excess of $300 million of loan volume in over 1,000 loans. CMAX is in the process of becoming a wholly-owned subsidiary of 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. CMAX has its principal offices in Libertyville, IL.
JH 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 from distress to rehabilitation, ensuring recovery from financial difficulty as quickly as possible.
The Controller is a critical role within CMAX and the larger JH group. The Controller has the overall responsibility for the entity’s accounting operations and timely & accurate financial reporting (including financial reports for licensing), managing all aspects of accounting and policy, while ensuring policies and procedures are followed, including all relevant federal and state regulatory rules.
The Controller will work directly with the company’s external auditors and will interface directly with the internal audit staff at the parent company. The position requires an expertise and understanding in all aspects of the technical accounting and SEC reporting, including revenue recognition and interest and yield amortizations associated with loan facilities, debt issuance costs, equity and equity based compensation and variable interest entities.
This position reports to the Chief Financial Officer, who reports directly to the Chief Executive Officer.
Must identify, drive and implement process change opportunities and initiatives with the assistance of the CEO and CFO. 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 in conjunction with JH.
Demonstrates progressively responsible experience in these areas:
Education / Credentialing Requirements
Minimum of 3 -6 years of experience related to the above, including: