AFS VP of Finance

What the role needs

• Austin Financial Services, Inc., a division of Stearns Bank N.A., is currently looking for a Vice President of Finance. This is a connected mobile role.
• Manage and perform accounting activities, including general ledger maintenance, journal entries, account reconciliations, accounts receivable and the month-end close.
• Prepare accurate and timely monthly, quarterly and annual financial statements.
• Oversee financial planning and analysis, including detailed budgeting, forecasting and variance analysis to ensure financial goals and KPI’s align with business goals and objectives.
• Prepare and deliver monthly financial presentations to leadership and the Board, explaining results compared with the prior month and budget, key performance drivers, emerging risks, and financial outlook.
• Ensure all accounting records and financial reports are maintained in accordance with GAAP and applicable regulatory requirements.
• Oversee accounts payable and expense management, ensuring accurate recording, appropriate approvals, timely payments, and record retention.
• Manage cash flow and liquidity, including funding needs, borrowing availability and compliance with financing covenants and reporting requirements.
• Maintain internal controls appropriate to the Company’s size and operations, including segregation of duties and review procedures.
• Coordinate audits, examinations and tax preparation with external providers and internal stakeholders.
• Prepare and process the Company payroll, ensuring federal, state and required process are completed accurately and timely.
• Support and maintain Section 125 Company benefits, ensuring the Company remains in compliance with federal regulations.

From the employer

Austin Financial Services, Inc., a division of Stearns Bank N.A., is currently looking for a Vice President of Finance. This is a connected mobile role. For this position, we anticipate an annual salary range between $163,200 to $183,700. Final employment offers will be dependent upon the selected candidate’s relevant qualifications and experience. BENEFITS When you join the AFS team, you gain access to: • Healthcare (Medical, Dental, Vision) • 401(k) Plan with an employer match • PTO from 10 to 20 days depending on tenure and seniority • 6 Days Sick Time • 12 Paid Holidays • Disability Insurance JOB SUMMARY The VP of Finance is a leadership role responsible for all aspects of financial management and reporting within the Company. This hands-on role that oversees all day-to-day finance and accounting operations, maintains financial performance, manages financial risk and optimizes financial performance and growth. As a part of the leadership team, this role has supervisory and management development responsibilities and requires close coordination with leadership and staff. RESPONSIBILITIES • Manage and perform accounting activities, including general ledger maintenance, journal entries, account reconciliations, accounts receivable and the month-end close. • Prepare accurate and timely monthly, quarterly and annual financial statements. • Oversee financial planning and analysis, including detailed budgeting, forecasting and variance analysis to ensure financial goals and KPI’s align with business goals and objectives. • Prepare and deliver monthly financial presentations to leadership and the Board, explaining results compared with the prior month and budget, key performance drivers, emerging risks, and financial outlook. • Ensure all accounting records and financial reports are maintained in accordance with GAAP and applicable regulatory requirements. • Oversee accounts payable and expense management, ensuring accurate recording, appropriate approvals, timely payments, and record retention. • Manage cash flow and liquidity, including funding needs, borrowing availability and compliance with financing covenants and reporting requirements. • Maintain internal controls appropriate to the Company’s size and operations, including segregation of duties and review procedures. • Coordinate audits, examinations and tax preparation with external providers and internal stakeholders. • Prepare and process the Company payroll, ensuring federal, state and required process are completed accurately and timely. • Support and maintain Section 125 Company benefits, ensuring the Company remains in compliance with federal regulations. • Ensure company policies and guidelines are clearly communicated to the organization and client partners. Create new and update existing policies and procedures where necessary. • Performs additional duties as assigned by the President/CEO in support of business operations. REQUIREMENTS • Literacy in English. • Ability to work effectively in a remote environment, maintain confidentiality and security of Company information, and communicate consistently with colleagues. • Ability to sit for extended periods of time, twist, bend, sit, walk, use hands to twist, handle or feel objects, tools or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk or hear. • Specific vision abilities required by the job includes close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. QUALIFICATIONS • Preferred: Bachelor’s degree in Finance, Accounting, Business, Economics or a related field from four-year college or university. CPA or CFA certification preferred. • 8 -10 years of experience in finance with progressively increasing levels of responsibility. Experience in asset-based lending or commercial finance preferred. • Strong understanding of financial principles, practices, and regulations, including GAAP and internal controls. • Excellent verbal, written and problem-solving skills. • Excellent attention to detail and interpersonal skills. • Ability to multi-task and meet deadlines. • Ability to identify issues, take actions and proactively resolve issues. • Ability to work independently and maintain level of motivation with regular, routine tasks. • Proficiency in Microsoft Office products, including strong Excel skills, is required. • Proficiency in QuickBooks and Solifi preferred. THE COMPANY Austin Financial Services, Inc. (AFS) prides itself on being a leader in Asset Based Lending. In a field where there are many choices, we maintain a competitive advantage with our proven track record of delivering high quality and flexible products from our team of experienced professionals. AFS offers streamlined lending processes and fast approvals, with an ability to provide our clients with consistent cash flow to ensure their business continues to operate in a smooth and efficient manner. As a privately owned firm, we specialize in working with lower-middle market companies, facilitating loans from $1M to $12MM. We move at the pace of our clients’ businesses, with flexibility, speed and an unwavering commitment to providing the best client service. EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment.