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RenoFi

WebsiteLinkedInAll Job Openings

51 - 200 employees

💸 Finance

🏠 Real Estate

💳 Fintech

💰 $14M Series A on 2022-04

Finance • Real Estate • Fintech

RenoFi is a company that specializes in providing innovative renovation financing solutions. They partner with credit unions to offer loans based on a home's future post-renovation value rather than its current value, enabling homeowners to maximize their borrowing potential for renovation projects. RenoFi offers a variety of loan products including fixed-rate and variable-rate Home Equity Lines of Credit (HELOC), focusing on flexibility to draw funds as needed. They guide homeowners through the financing process without the need to refinance existing mortgages, making it easier and more accessible to fund home projects. RenoFi enhances borrowing power with competitive rates by leveraging their renovation underwriting technology.

📋 Description

• Oversee preparation of accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. Manage accounts payable, accounts receivable, general ledger, payroll, revenue and commission processes, and tax compliance duties. • Supervise, train, and lead the accounting function, specifically mentoring and reviewing work of our internal Senior Accountant to foster a culture of accuracy, efficiency, and collaboration. • Manage monthly and quarterly financial reporting and communicate financial performance, cashflow budgeting, and compliance status directly to the CEO, leadership, investors, and board members. • Lead the accounting function related to revenue and commissions for the company, including assisting with process improvements. • Collaborate with department heads and our outsourced FP&A group to align financial data and reporting strategies with broader organizational goals. • Manage accurate tracking of cash in/outflows and prepare and present cash review reports directly to the CEO. • Maintain and monitor compliance with debt covenants and financing agreements with financial institutions. • Develop and implement effective policies, processes, and internal controls to ensure compliance with operations and standards. • Coordinate with external auditors, tax advisors, and the legal department to provide required financial data and inquiries.

🎯 Requirements

• Bachelor’s degree in Accounting or Finance. • 7+ years of progressive accounting experience, with a track record of supervisory or leadership positions. • Strong technical knowledge of U.S. GAAP. • Proficiency with NetSuite or similar systems, Google Suite, Microsoft Suite. Experience with Ramp and Salesforce are a plus. • Experience in the mortgage industry is a plus. • Proven ability to streamline and improve processes and systems. • Outstanding attention to detail, organization, and analytical skills.

🏖️ Benefits

• Competitive cash and equity compensation • Health, retirement, and other country-specific benefits • Flexible vacation policy