Fay Financial · 13 hours ago
Senior Controller
Oakbrook Terrace, Illinois, United States
Full-time
Hybrid
Senior Level, Lead/Staff
$250K/yr - $300K/yr
15+ years expFay Financial is a fully integrated real estate and mortgage services firm overseeing more than $46 billion in assets. The Senior Controller is responsible for leading accounting functions, ensuring accurate financial reporting, and optimizing processes within the organization.
Financial Services
Responsibilities
Lead the accounting, payroll, and accounts payable functions for the enterprise, including all Fay Group entities
Ensure timely month-end close processes and accurate financial reporting
Serve as the primary liaison with external financial audit firms
Identify and implement opportunities for process optimization
Collaborate with third-party valuation firms to assess mortgage servicing rights
Ensure compliance with relevant accounting standards
Support the budgeting and forecasting processes
Oversee cash flow management and maintain balance sheet reconciliations
Ensure intercompany accounts are balanced and bank accounts are reconciled
Manage internal reporting, disbursement reviews, payroll, debt reporting, lender covenant compliance, and coordination of multiple audits
Document management’s position on current and emerging accounting treatments under U.S. GAAP
Enhance key accounting processes and controls, update procedures, and act as the finance executive liaison with auditors and regulators
Support the development and growth of the accounting team by providing guidance and working collaboratively to develop, enhance, and document policies and procedures
Review contracts to accurately determine asset ownership and ensure proper financial recognition
Qualification
Required
Bachelor's Degree in Accounting, Finance, or related field
CPA, or equivalent professional certification
15+ years' progressive experience in accounting
10+ years' experience in a senior accounting role within mortgage servicing for financial services segments, including Controller-level experience
Previous experience managing people and leading teams
Strong financial reporting, summarization, and communication skills, with demonstrated ability to present complex financial data to executive stakeholders
Strong knowledge of U.S. GAAP, investor reporting requirements (e.g., Fannie Mae, Freddie Mac, Ginnie Mae), and MSR valuation, with experience in financial audits, internal controls, and regulatory compliance
Deep understanding of enterprise accounting systems, cash flow operations, cost structures, and financial resource planning
Advanced proficiency in accounting software systems, with exceptional organizational and recordkeeping capabilities
Experience with mortgage servicing platforms and ERP systems (e.g., SAP, Oracle, or similar)
Advanced skills in Microsoft Excel, Word, and Outlook
Strong verbal and written communication skills
Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization to influence and drive required results
Effective management skills to include talent selection, training, coaching, mentorship, and performance management
Strength of leadership with proven ability to foster an environment of positive employee engagement and trust
Demonstrated ability to quickly establish credibility, coupled with recognizing and supporting the organization's culture, values, and priorities
Collaborative and consultative work style
Able to manage and lead change; agile; high learning agility
Client-focused with strong execution skills and results orientation; able to link to business needs with tactical execution and results
Strong analytical skills coupled with sound judgement; strong problem-solving abilities
Ability to analyze and interpret data to identify opportunities and propose solutions
Strong project management skills with the ability to effectively lead matrix teams
Strong attention to detail; strong quality and compliance orientation
Ability to effectively prioritize under tight deadlines in a fast-paced, dynamic environment; effective time management for self and team
Self-directed; ability to proactively surface questions, opportunities, issues, and concerns
Professional maturity, integrity, and the ability to maintain confidential data and information
Strong business acumen; strong fiscal and technical aptitude
Benefits
Medical, Dental and Vision Insurance
Company Paid Life Insurance
Disability Insurance
Pet Insurance
401k Program with Employer Matching
3 Weeks Paid Time Off (PTO)
Paid Holidays
Wellness Initiatives
Employee Assistance Program
Eligible for Hybrid Work Schedule with Remote Flex Days
Company
Fay Financial
Fay Financial is a full-scale real estate services company that offers mortgage servicing
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Howard Cohen
Chief Operating Officer
Cari Gordon
Chief Audit Officer
Recent News
2025-02-05
2023-10-18
Company data provided by crunchbase