Our Company
CRM is growing and we are looking for a few great employees who want to be part of a rewarding, fast-paced and team-orientated environment.
Founded in 2006, Cascade Receivables Management (“CRM”) is a leading financial services company that provides accounts receivable liquidity solutions to the consumer finance and healthcare industries. In addition to supporting the specialty finance activities of its sister company, Cascade Capital Funding, CRM’s suite of products and services include master servicing, third party collections, and revenue cycle optimization.
Position Overview
The Chief Financial Officer (CFO) serves as a strategic business partner to the CEO, responsible for strengthening the company’s financial infrastructure, optimizing capital structure, and ensuring long-term financial stability and growth. This role oversees complex debt financing arrangements, lender relationships, cash flow forecasting, covenant compliance, and financial risk management. The CFO will develop sophisticated financial models to support investment decisions, evaluate portfolio performance against return thresholds, and provide executive-level reporting to leadership and potential investors. Additionally, the CFO will assess and enhance accounting processes, internal controls, and financial reporting practices, ensuring alignment with GAAP standards and industry best practices while driving operational efficiencies across the finance function.
Supervisory Responsibilities
Accounting & Finance Departments
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.
Qualifications
Knowledge, Skills & Abilities
- 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.
Experience
10+ years in Finance, with specific experience in Specialty Finance, Asset-Based Lending (ABL), or Debt Buying.
Education
MS degree in Business Analytics, Accountancy, Economics, Finance or another related field.
