Director of Financial Reporting (DFR) plays a critical role in providing budgeting, forecasting (P&L and cash) and financial support and analysis for Bayview Asset Management's Residential Origination division and the hedge funds it interacts with. The Director will be a key member of the Originations Leadership team responsible for supporting existing reporting and analytic tools, provide solutions to new challenges, and be part of all strategic decisions. This role will report to the SVP, Head of Operations. This role offers ample unique growth opportunities to enhance your career in financial analysis and business analysis, and will have direct communication with senior business leaders in Origination and across the broader company, up to including the CEO. The candidate needs to be solution oriented, while delivering timely and high-quality results with an ability to pursue multiple concurrent initiatives and work collaboratively with business and finance team members.
Essential DUTIES AND RESPONSIBILITIES:
Responsibilities include, but are not limited to, the following:
Participate in Originations annual P&L budgeting process.
Provide analysis & support in Day 5 analytics on hedge fund P&L.
Improve financial transparency to management of Originations business line
Work closely with Accounting and Finance departments to ensure that planning assumptions are aligned with accounting and reporting standards, and coordinate changes as necessary to support planning assumptions.
Collaborate with finance and business unit partners to understand business problems/needs, e.g. system issue, enhancement request, or a new project.
Provide detailed variance analysis to management.
Prepare business process flows and functional specifications for custom reports, interfaces, and workflows.
Provide clear, concise and timely communications on critical issues that involve the department.
Proactively partner with other departments and team members to promptly resolve issues.
Aid in monthly/quarterly accounting close activities, including expense research, revenue estimation and Profit and Loss attribution.
Extract data from databases to create presentable reports, charts and graphs.
Participate in ad hoc projects as assigned.
Travel may be required to visit other operating sites and headquarters.
EDUCATION and EXPERIENCE:
5+ years related experience in Corporate Finance or Financial Analysis.
Strong financial analysis and experience in forecasting, budgeting, and variance analysis.
Ability to develop and maintain data management systems and spreadsheets with a high focus on detail and accuracy.
Excellent verbal and written communication skills.
Accounting consolidation background helpful.
Expert skill level with computer software programs such as Microsoft Excel and Access with particular focus on financial modeling and use of advance functions (Pivot Tables, Power Pivot, Arrays, Lookups, etc.). Excel VBA and SQL Server experience preferred.
High skill level with computer software programs such as Microsoft PowerPoint and Word.
Ability to translate large amounts of data into useful information and actionable conclusions and recommendations
Ability to analyze complex financial information.
Ability to design and prepare detailed (but concise), clearly written Financial reports and analysis.
Ability to think strategically, operate effectively with management, work well in a collaborative and dynamic team environment
Possess a high level of motivation and demonstrated aptitude in problem solving and financial analysis, with a strong attention to detail.
Familiarity with Business Intelligence (BI) reporting tools.
Mortgage and/or Financial industry experience strongly preferred.
Bachelor's degree in accounting, finance or related business concentration required.
Certifications, Licenses, and/or Registration
Master's degree or CPA designation preferred.
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and hear. The noise level in the work environment is usually moderate. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.