Controller - Jersey City, United States - Asset Based Lending LLC

Description

Who We Are:

Based in New Jersey and established in 2010, Asset Based Lending, LLC (ABL) is one of the nations leading Hard Money Lenders. We provide fast bridge financing to real estate investors for the purchase, renovation, or new construction of single family, multi-family and mixed-use properties as well as DSCR rental loans for long term investors. We have closed thousands of loans since we began lending fourteen years ago, producing more than $2B in originations. ABL was acquired by a private equity firm in 2021, and with a renewed focus on growth, weve set our sights on consistent evolution and cementing our place as the premier private lender in the country.

Our Mission is Simple:

• Make Good Loans
• Provide Exceptional Service, Every Time
• Protect The Firm
• Build The Future

Job Summary:

Asset Based Lending is seeking a highly skilled and experienced Controller to join our organization and lead our accounting department. The Controller will be responsible for overseeing all aspects of financial management, including accounting, budgeting, forecasting, and financial reporting. This role will play a critical part in ensuring the financial health and stability of the company by providing accurate and timely financial information and analysis.

Key Responsibilities:

Financial Reporting:

• accounts receivable, accounts payable, general ledger, and cash management processes.
• revenue recognition processes, ensuring accuracy and compliance with accounting standards.
• and analyze financial reports, including balance sheet and income statement accounts.
• accurate and timely financial information to support decision-making.
• financial statements comply with relevant regulations and standards.

Internal Controls and Compliance:

• and monitor company policies and procedures, identifying areas for improvement.
• and implement robust internal controls to safeguard company assets.
• compliance with all financial regulations and reporting requirements.

Budgeting and Forecasting:

• with department heads to coordinate the preparation of the annual budget.
• financial performance against budget and provide insights for adjustments as needed.
• in the preparation of financial forecasts to support strategic planning.

Business Performance Metrics:

• and monitor key performance indicators (KPIs) to assess business performance.
• regular reports and analysis on KPIs to management.
• opportunities for cost savings and revenue enhancement based on performance metrics.

Ad Hoc Financial Analysis:

• ad hoc financial analysis to support decision-making and strategic initiatives.
• insightful reports and presentations for management.
• in special projects and initiatives as required.

Qualifications:

• degree in accounting, finance, or related field.
• understanding of GAAP principles and financial reporting requirements.
• analytical and problem-solving skills, with the ability to interpret complex financial data and make informed decisions.
• communication and interpersonal skills, with the ability to effectively interact with all levels of the organization.
• in accounting software; experience with ERP systems preferred.

Attributes:

• thinker with a proactive approach to financial management.
• candidate should possess a player-coach mentality and be hands-on with their team, actively involved in day-to-day operations.
• with a commitment to accuracy and precision.
• to multitask and prioritize effectively in a fast-paced environment.
• leadership and team-building skills.
• and trustworthy, with a high level of integrity.

Asset Based Lending offers the opportunity for this position to be based either at our Jersey City headquarters or our Cherry Hill office, with flexibility in location. Some travel may be required.