Westlake Financial Services
Director of Accounting
Westlake Financial Services, Los Angeles, CA
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 who is capable of independent problem solving. The candidate should have experience with operational accounting, building ledgers and processes. The candidate should be comfortable moving between various tasks, and confident in their ability to attack new challenges head on. It also offers the chance to be involved in multiple facets of the accounting function and is a great opportunity for a driven candidate who is looking for an opportunity to gain new experience and join a growing company.
**Salary Range $120,000 - $150,000**plus bonus eligible
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Qualifications:
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 also 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 the subsidiaries for Westlake Financial Services, the largest privately held auto finance company in the United States. Westlake Financial Services specialize 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:
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
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 who is capable of independent problem solving. The candidate should have experience with operational accounting, building ledgers and processes. The candidate should be comfortable moving between various tasks, and confident in their ability to attack new challenges head on. It also offers the chance to be involved in multiple facets of the accounting function and is a great opportunity for a driven candidate who is looking for an opportunity 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 & expense reconciliations.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field; Experience (Public/Private) 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 also 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 the subsidiaries for Westlake Financial Services, the largest privately held auto finance company in the United States. Westlake Financial Services specialize 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)
- Career Path Opportunities
- 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