Fay Financial · 18 hours ago
Senior Controller
Oakbrook Terrace, IL
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, payroll, and accounts payable functions, ensuring timely financial reporting and compliance, while optimizing processes and managing financial audits.
Financial Services
Responsibilities
Leading the accounting, payroll, and accounts payable functions for the enterprise, including all Fay Group entities
Ensuring timely month-end close processes and accurate financial reporting
Serving as the primary liaison with external financial audit firms
Identifying and implementing opportunities for process optimization
Collaborating with third-party valuation firms to assess mortgage servicing rights
Ensuring compliance with relevant accounting standards and supporting budgeting and forecasting processes
Oversight for cash flow management and maintaining balance sheet reconciliations
Ensuring intercompany accounts are balanced, bank accounts are reconciled, and appropriate controls are in place to deter fraud
Managing internal reporting, disbursement reviews, payroll, debt reporting, lender covenant compliance, and coordination of multiple audits
Documenting management’s position on current and emerging accounting treatments under U.S. GAAP that impact the entities within Fay Group
Leading efforts to enhance key accounting processes and controls, updating procedures, and acting as the finance executive liaison with auditors and regulators
Supporting the development and growth of the accounting team by providing guidance and working collaboratively to develop, enhance, and document policies and procedures
Reviewing 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