General Summary

Elevate is seeking a Chief Accounting Officer and SVP Finance (“CAO”). The CAO will report to the CFO and will be responsible for accounting and financial reporting. Reporting to the CAO will be all accounting and staff reporting through the Sr. Manager, Controller (General Ledger), Sr. Manager Loan and Operations (Loan Settlement).

The CAO will be responsible for establishing the necessary processes and controls to support its private equity ownership, bank lending partners, and senior debt structure. This key senior leadership role will also be critical to building, leading and developing the finance organization to best support the ongoing maturation of Elevate as a private company. This position frequently leads cross functional company initiatives and must develop strong relationships across the Company.

Principal Duties and Responsibilities

• Oversees all aspects of accounting including, but not limited to, daily and month-end general ledger operations, fixed assets, loans and cash, fair value accounting for loan portfolio assets, all financial reporting, and certain budgeting processes.
• Establish, maintain and enhance accounting procedures and systems to comply with GAAP, applicable internal policies and regulatory requirements while developing and maintaining appropriate internal controls over financial reporting.
• Coordinate audits with internal/external auditors. Lead the preparation of stand-alone audited financial statements for applicable legal entities and 401k plan.
• Provide guidance and expertise on complex financial transactions, recent accounting pronouncements and business development opportunities.
• Establish strategic plans and objectives for accounting, including planning, staffing, budgeting, managing expenses, and recommending and implementing changes to methods and policies.
• Ensure financial statements and budgets for each legal entity are correctly stated, including comparison of actual results to budget on a monthly basis.
• Accounting and administration for all equity plans for the company.
• Ensure all tax provision estimates and tax returns are completed accurately and timely.
• Performs other duties and projects as assigned.

Education and Experience

• Minimum of an accounting or finance degree and a CPA is required.
• Experience in a private or public company with requisite GAAP reporting knowledge. This must also include experience with developing and maintaining an internal control process over all financial functions.
• Prior experience with a financial services company or a manager or senior manager in a public accounting firm that works with financial services clients is desirable, but not required.
• Prior experience in technical accounting matters such as: fair value accounting, income tax accounting, equity plan administration, leases, and corporate transactions is desirable.
• Experience overseeing or is closely involved with auditing the business and working with outside public accounting firms.
• Experience overseeing the preparation of stand-alone audited financial statements for various legal entities is a plus.
• Has provided accurate and meaningful internal reporting to management on company or division performance.
• Oversight of both operations and general ledger accounting is required.
• Experience making presentations to management regarding financial performance and variance reports is required.
• Management experience is required.
• Familiarity with MS Dynamics general ledger software is a plus.
• Leading a general ledger upgrade or conversion is a plus.

Skills and Abilities

• Strong understanding of GAAP and FAS, and will have the foresight to keep abreast of pertinent changes to financial and accounting rules and the impact on the company.
• Must be a high-energy manager able to delegate and mentor effectively, yet roll up their sleeves when required to achieve results or demonstrate effective behavior.
• Proven ability to recruit, retain, motivate and develop a strong team.
• Comfortable in a fast-paced environment, working across multiple projects simultaneously.
• Strong technical leadership experience, including the ability to effect change and motivate.
• Good judgment in proactively identifying issues and recommending solutions to others.
• Solid business acumen with an understanding of the overall business beyond the reported numbers
• Strong computer and systems skills are required.
• Strong written and verbal communications skills.
• Unquestioned credibility, judgement, and character

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