The Chief Financial Officer (CFO) supports the Chief Executive Officer (CEO) in all matters as needed and is responsible for the operational and financial oversight of the mortgage bank. The CFO ensures that the Mortgage Bank possesses a first-rate organizational infrastructure with direction from the President and Corporate Council to enable the organization to fulfill the needs of its expanding programs and goals in accordance with Company’s Mission and Strategic Plan.
The CFO works closely with the CEO, other Executive Team members, Board of Directors, and other important stakeholders to enable the Company’s fulfillment of its mission. The CFO oversees all operational aspects of the organization and related budgets, to maximize leverage resources. The CFO is responsible (in consultation with the CEO and Board of Directors) for overseeing all financial and fiduciary obligations of the organization. In addition, the CFO partners with the CEO by identifying, recommending, and pursuing strategic financial and operational opportunities that keep the organization healthy. The CFO leads a team that provides operational support across the organization.
- Provide leadership in Organizational Development, to maximize the strength and efficiency of Company structures and processes.
- Develop and manage the mortgage securitization process and procedures.
- Experience in MBS Spec Pools for Fannie, Freddie, and/or Ginnie preferred.
- Experience with Scheduled/Scheduled servicing.
- Partner with CEO and Board of Directors on strategic financial and operations issues, and provide recommendations based on sound analysis and projections.
- Engage CEO and the Board of Directors to develop short- and long-term financial and operations plans; identify possible opportunities to strengthen the organization's financial and operational health, and identify and solve for risks to financial and operational health.
- Supervise the Finance Department in overseeing budgeting and the implementation of budgets.
- Collaborate with Executive Team Members and department staff to develop and manage organizational, departmental, and program budgets.
- Supervise the Finance Department in managing cash flow and forecasting; ensuring the availability of funds as needed; and overseeing financing strategies and activities as well as banking and vendor relationships.
- Supervise the Finance Department to ensure Finance staff's preparation of timely and accurate financial reporting materials for internal and external stakeholders; serve as Company spokesperson for fiscal matters; communicate the organization's financial position effectively to non-fiscal persons; support and guide relevant staff in understanding and managing budgetary matters.
- Supervise the Finance Department in the coordination of audits and proper filing of tax returns; and in ensuring adherence to government-related policies and procedures (e.g., allocation methodologies, vouchering).
- Keep current with Fiscal, Human Resources, and other organizational best practices; track and ensure compliance with appropriate guidelines set by "charity watchdog" groups and other best practices.
- Review and approve contracts with vendors, consultants, and other entities, confirming their relevance, compliance, and consistency.
- Support legal activities (contracts, leases, other legal agreements), and business insurance procurement, monitoring, and management.
- Consult with legal counsel, as needed, on a variety of corporate matters (e.g. HR, trademark, corporate governance, real estate), either directly or by authorization to appropriate Director.
Education and Certifications:
- CPA and/or MBA in Accounting or Finance; OR an equivalent combination of education, experience, and training may be accepted.
Desired Knowledge, Skills, and Abilities:
- Strong and expansive Executive background in management, particularly financial and operational management of similar type and size.
- Experience with Mortgage Banking maintaining and developing Banking relationships.
- Must demonstrate mortgage securitization and capital market experience.
- Minimum of 7 years of experience managing an accounting or finance department.
- Must possess a full understanding of Accounting and all Accounting Functions.
- Knowledge of the Generally Accepted Accounting Principles (GAAP).
- Experience with development of and consultation to the development of a business plan for new programs or initiatives; or the reengineering of existing programs or initiatives.
- Ability to serve in the absence of the Director(s) of IT, Operations, and Human Resources, possessing sufficient knowledge, aptitude, and judgment to bring relevant matters to a responsible conclusion.
- Ability to organize and manage multiple priorities.
- Demonstrated ability to lead people and get results through others.
- Team player with a commitment to the Company’s values.
- Ability to think ahead and plan over a one- to five-year time span.
- Maintain the confidentiality of any information encountered.
- Successfully complete any required pre-employment screening, including any required drug test.
- Excellent oral and written communication; strong interpersonal skills.
- Advanced skills in Office Suite, especially Outlook, Word, Excel, and PowerPoint. Experience with business analytics, business visualization tools, electronic archiving, and documentation systems preferred.
- Loan Vision experience preferred.
$150,000 - $400,000 yearly
About Victorian Finance
President, Sonny Bringol, started Victorian Finance, LLC in 2003 to help Pittsburghers achieve the American dream of homeownership. Since then he has expanded that achievement to a nationwide organization. Sonny designed our company culture and process to function with the end goal in mind—meeting our closing dates. Since the mortgage industry is unique, influenced by a number of factors outside our organization (regulation, etc.), our process is always evolving to accommodate those changes while keeping our eye on the goal.