USCB America is 100% employee-owned accounts receivable company established in 1915. We are direct hire and offer full-time positions in a fast pace environment collecting on medical debt. We offer benefits such as: medical, dental, vision, life insurance, PTO, sick pay, holiday pay and 401(k) with company match.
Seeking candidates residing in CA, AZ and NV only.
GENERAL SUMMARY
The Chief Financial Officer (CFO) is a key member of the executive leadership team responsible for overseeing all financial and accounting functions of the company. This role ensures the organization’s financial health, regulatory compliance, and long-term strategic growth while maintaining the company’s S-Corporation and ESOP (Employee Stock Ownership Plan) status. The CFO partners closely with senior leadership, the Board of Directors, and external advisors to uphold the company’s values as an employee-owned business.
KEY RESPONSIBILITIES
- Travel to Los Angeles, CA will be required. Frequency and duration may vary based on business need.
- Provide strategic leadership for the company’s financial planning, budgeting, forecasting, and capital allocation.
- Oversee accounting, financial reporting, and compliance with GAAP/IFRS and applicable regulations.
- Develop and execute strategies to optimize capital structure, cash flow, and profitability.
- Partner with the CEO and executive team to evaluate business opportunities, investments, and strategic initiatives.
- Has a complete understanding of the company’s strategy, goals, and financial expectations.
- Provides recommendations to strategically enhance financial performance and business opportunities.
- Ensures that effective internal controls are in place and ensures compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting.
- Collaborate with ESOP Trustees, administrators, and legal counsel to ensure compliance with plan rules and federal regulations.
- Oversee annual ESOP valuation, allocations, and participant statements.
- Monitor the financial impact of ESOP transactions, distributions, and repurchase obligations.
- Promote employee understanding of ESOP benefits and foster a culture of ownership.
- Ensure compliance with IRS and Department of Labor (DOL) requirements related to S-Corporation and ESOP operations.
- Lead relationships with banks, auditors, investors, and other financial partners.
- Ensure effective risk management, insurance, and internal control systems.
- Maintain compliance with S-Corp eligibility requirements, including shareholder limitations and single-class-of-stock rules.
- Oversee preparation and filing of Form 1120-S and Schedule K-1 for shareholders.
- Manage shareholder distributions consistent with ownership percentages and S-Corp tax regulations.
- Present financial reports and recommendations to the CEO, executive team, and Board of Directors.
- Build and lead a high-performing finance and accounting team, fostering professional growth and accountability.
- Stay current with industry trends, economic conditions, and regulatory changes that may impact the business.
- Adheres to and promotes all company policies, practices, standards of conduct, and ethics.
KNOWLEDGE, SKILL, & ABILITY REQUIREMENTS
- Possesses a minimum of 10 years of progressive experience in financial leadership roles, preferably in an ESOP.
- Strong financial, analytical and modeling skills.
- Strategic thinker with strong business acumen.
- Analytical and data-driven decision-making.
- Strong leadership and team development skills.
- Excellent communication and board presentation abilities.
- Integrity and commitment to ethical financial practices.
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- Proven track record as a CFO, VP of Finance, or senior finance executive.
- Strong knowledge of financial planning, accounting principles, and corporate governance.
- Excellent leadership, communication, and interpersonal skills.
Job Type: Full-time
Pay: From $190,660.00 per year
Work Location: Remote
