Director of Accounting
: Job Details :


Director of Accounting

Westlake Services, LLC

Location: Los Angeles,CA, USA

Date: 2024-09-19T20:19:55Z

Job Description:

Westlake Services, LLC. | Corporate Office Los Angeles, CA 90010, USA

Description

Director of Accounting

POSITION SUMMARY:

As the Accounting Director at Westlake Portfolio Management & Westlake Capital Finance, you will be responsible for overseeing all aspects of our financial operations and financial reporting. You will play a crucial role in ensuring the accuracy and transparency of our financial information while providing strategic guidance to senior management. The ideal candidate will be a self-starter capable of independent problem-solving, with experience in operational accounting, building ledgers, and processes. The candidate should be comfortable moving between various tasks and confident in their ability to tackle new challenges head-on. This role offers the chance to be involved in multiple facets of the accounting function and is a great opportunity for a driven candidate looking to gain new experience and join a growing company.

Salary Range: $120,000 - $150,000 plus bonus eligible

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Financial Reporting: Prepare and oversee the preparation of monthly, quarterly, and annual financial statements in compliance with GAAP.
  • Financial Systems and Controls: Establish and maintain financial controls and systems that ensure compliance with company policies and regulatory requirements.
  • Team Leadership: Manage and develop a team of accounting professionals, fostering a culture of collaboration and continuous improvement.
  • Strategic Guidance: Provide strategic financial input and leadership on decision-making issues affecting the organization; prepare financial analyses for contract negotiations and investment decisions.
  • Risk Management: Identify and mitigate financial risks and opportunities for the company.
  • Identify opportunities for process improvements to create efficient and effective processes and procedures for the accounting function.
  • Assist in onboarding new portfolios (Coordinating with IT, Operations, and Management).
  • Work with WPM Operations Director to assist on day-to-day projects and client requests.
  • Coordinate with WPM Accounting and Treasury Teams on monthly servicer reports, payment, and expense reconciliations.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field; CPA preferred.
  • 7+ years of progressive accounting experience, with 3 years in a supervisory or managerial role.
  • Thorough knowledge of GAAP and financial reporting.
  • Strong analytical skills and experience interpreting a strategic vision into an operational model.
  • Excellent communication and interpersonal skills, with the ability to present financial information to non-financial stakeholders effectively.
  • Experience with ERP systems and proficiency in MS Excel.

ABOUT US:

The three individual entities: Westlake Portfolio Management, which services auto loans for our competitors; Westlake Capital Finance, which offers B2B credit facilities and real estate loans secured by the respective property; and ALPS Financial, which purchases competitor assets in bulk and services the remaining loans.

The three entities are subsidiaries of Westlake Financial Services, the largest privately held auto finance company in the United States. Westlake Financial Services specializes in the acquisition and servicing of prime to subprime automotive retail installment contracts in all 50 states. Headquartered in Los Angeles, we have been a diversified lender for over 30 years and employ over 1,000 team members. Westlake Financial is one of the fastest-growing multi-billion dollar companies in the United States with over $20 Billion in receivables!

As part of the Hankey Group of companies, we offer countless opportunities, competitive benefits, and compensation packages for our outstanding professionals. Our people are the driving force behind our long-running success!

BENEFITS:

  • Medical, Dental, and Vision benefits
  • Life Insurance and Long-term disability plans
  • Flexible Spending Account
  • 401K matching
  • Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching
  • Wellness Programs
  • Metro Tap Card and Metro-link Reimbursement (for Los Angeles, CA employees only)
  • Discounts on Parks, Museums, Movie Tickets, and Attractions
  • Annual Flu Shot
  • Paid Vacations Days
  • Paid Sick days
  • Paid holidays
  • HGym (available in our Los Angeles, CA & Dallas, TX office)
  • Rental Car Discounts, Dell Member Purchase Program
  • UKG Wallet

Acknowledgment:

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

We are an equal-opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative.

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