[Hiring] Vice President, Accounting and Financial Reporting @Credit Acceptance

Role Description

The Vice President of Accounting & Financial Reporting provides strategic leadership for the organization’s accounting and financial team. This role leads a team of Managers and Financial Analysts that is responsible for:

• Accounting for transactions within the general ledger.
• Preparation of the monthly internal financial statements.
• Providing reporting and analysis that clearly communicates actual and forecasted financial performance.
• Providing financial information to support team members to make sound business decisions.
• Preparation of various financial statement supporting schedules on a quarterly basis for the Internal Audit team and external auditors.
• Ensuring compliance with U.S. Securities and Exchange Commission (SEC) Reporting Rules through the accurate and timely filing of required documents.
• Ensuring compliance with Section 404 of the Sarbanes-Oxley Act (SOX 404) by maintaining effective internal controls over financial reporting.

Outcomes and Activities:

• Establish and maintain a high-performing organization by actively monitoring and improving the ten dimensions of organizational health.
• Serve as a strategic advisor to executive leadership by providing financial insights, technical accounting guidance, and recommendations that support business objectives and long-term growth.
• Lead and develop a team of Accounting Managers and Financial Analysts, fostering a culture of accountability, collaboration, continuous improvement, and professional growth.
• Ensure that the monthly internal financial statements are prepared accurately in accordance with GAAP by scheduled deadlines.
• Oversee the research, interpretation, and implementation of the appropriate accounting policies for new products and services.
• Oversee the accurate and timely completion of supporting documentation for the Internal Audit team and external auditors.
• Provide accurate and timely reporting, analysis, and insights of actual and forecasted financial performance on both a GAAP and non-GAAP basis.
• Ensure that various SEC Forms (i.e. 10-K, 10-Q, 8-K, 11-K, Proxy and Form 4) and press releases are filed accurately by established deadlines.
• Oversee the research, interpretation, and implementation of the appropriate disclosures for changes in business activities and authoritative guidance.
• Ensure compliance with SOX 404 by maintaining effective internal controls over financial reporting.
• Establish and execute a finance technology strategy that advances the use of AI, automation, and data-driven insights.
• Other duties as assigned.

Qualifications

• Excellent organizational and leadership skills.
• Strong problem-solving, analytical, and financial modeling skills.
• Quick thinker, with an ability to understand and analyze information promptly and effectively.
• Outstanding written and verbal communication skills.
• Ability to convey complex information in a timely and easily understood manner throughout all levels of the organization.
• Demonstrate initiative by being proactive in work duties and making recommendations as opportunities arise.
• Customer focused both for internal and external customers.
• Open and receptive to ongoing feedback aimed at improving performance.
• Proficient in Microsoft Word, Excel, Outlook, Teams, and PowerPoint.
• Knowledge of U.S. GAAP and SEC Reporting Rules.

Requirements

• Bachelor’s degree in Accounting or Finance.
• Minimum 12+ years of related finance and accounting experience.
• Minimum 5 years of experience managing and developing managers and a professional level team.
• Certified Public Accountant or equivalent (i.e. - Chartered Accountant).
• Extensive experience researching accounting and reporting issues, including interpreting U.S. GAAP and SEC Reporting Rules.
• Extensive experience writing financial analytics for executive-level users.
• Extensive SEC Reporting experience in an audit role within a CPA firm and/or a corporate external reporting role.
• Experience designing and evaluating internal controls in an audit role within a CPA firm and/or a corporate internal audit/SOX 404 role.
• Experience designing and implementing process improvements.

Benefits

• Excellent benefits package that includes 401(K) match, adoption assistance, parental leave, tuition reimbursement, comprehensive medical/dental/vision, and many nonstandard benefits that make us a Great Place to Work.