Note: The job is a remote job and is open to candidates in USA. Cascade Receivables Management (CRM) is a leading financial services company providing accounts receivable liquidity solutions. The Chief Financial Officer (CFO) will act as a strategic partner to the CEO, overseeing financial infrastructure, debt financing, and risk management while ensuring long-term financial stability.
Responsibilities
- Capital Stack Management
- Lender Interface: Manage relationships with senior and mezzanine lenders. Negotiate credit agreements, amendments, and intercreditor agreements
- Covenant Compliance: Own the borrowing base calculation and monthly compliance certificates. Proactively model covenant tests to foresee and prevent breaches or distress
- Cash Flow Forecasting: Work with team to build and maintain a rolling 12-month cash flow model that integrates capital deployments, collections curves (ERC), debt service, and operational burn
- Minimum Return Threshold: Stress-test potential portfolio purchases against our weighted average cost of capital (WACC) and borrowing base constraints/structure to establish an acceptable minimal rate of return (ROI)
- Strategic Reporting: Translate complex financial data into executive-level dashboards for the CEO and potential equity investors
- Accounting Optimization:
- * Compare existing accounting, internal controls and financial reporting methodology against best practices, working with accounting staff to identify gaps and help implement any needed improvements or time-saving procedures
- * Review current accounting treatment for income recognition and other GAAP accounting principles that may require preparation and planning for potential future changes as needed
- Ongoing Corporate Finance & Operations
- * Departmental Leadership: Directly manage existing staff within the Accounting & Finance Departments to develop and support an institutional-grade platform
- * Risk, Compliance, & Audit: Act as the primary liaison for external auditors, manage corporate tax strategy, and oversee the annual renewal of corporate insurance policies
Skills
- Expert knowledge of corporate finance, capital structure, and debt financing strategies
- Advanced understanding of GAAP, financial reporting, and technical accounting principles
- Knowledge of internal controls, financial governance, and regulatory compliance requirements
- Skill in developing and managing complex financial models, forecasts, and scenario analyses
- Skill in cash flow forecasting, liquidity management, and working capital optimization
- Skill in negotiating and managing relationships with lenders, investors, and financial institutions
- Ability to structure and manage senior, mezzanine, and other leveraged financing arrangements
- Ability to monitor borrowing base requirements, debt covenants, and compliance obligations
- Skill in evaluating investment opportunities and assessing returns against cost of capital and risk thresholds
- Ability to identify financial risks and implement mitigation and contingency planning strategies
- Skill in translating complex financial data into concise executive-level reports, dashboards, and presentations
- Ability to align financial strategies and resource allocation with organizational growth objectives
- Skill in assessing and improving accounting processes, financial reporting methodologies, and operational efficiencies
- Ability to lead, mentor, and develop finance and accounting teams while fostering accountability and continuous improvement
- Ability to collaborate effectively with executive leadership to support strategic decision-making and long-term value creation
- 10+ years in Finance, with specific experience in Specialty Finance, Asset-Based Lending (ABL), or Debt Buying
- MS degree in Business Analytics, Accountancy, Economics, Finance or another related field
Company Overview