Jared L.

About Jared L.

Jared is an AVP and Senior Analyst for Asset Based Lending. Previously, he was at…

Experience

1. Assistant Vice President

   Asset Based Lending

   Dec 2020 — Present · Jersey City, NJ, US

   Financial Reporting & Analysis: Oversee monthly, quarterly, and annual financial statement preparation per GAAP. Manage month-end/year-end closing processes and analyze loan portfolio performance, interest income recognition, and provision for loan losses.Loan Portfolio Accounting: Maintain accurate accounting for loan portfolio including classification of performing/non-performing loans. Calculate and book accrued interest, late fees, and manage accounting for loan modifications, foreclosures, and REO properties. Helped implement and oversee loan servicing platforms. NetSuite Implementation Leadership: Lead NetSuite ERP implementation. Configured chart of accounts, reporting structures, and automated workflows. Execute data migration and train team members on system functionality, and maintains the general infrastructure on a day to day for all accounting functions.Team Management: Supervise and mentor 3-4 junior accounting staff. Conduct performance evaluations, establish goals, and delegate responsibilities while maintaining oversight of financial reporting activities.Cash Management: Oversee daily cash operations including multiple bank accounts and investment portfolios. Manage banking relationships, coordinate wire transfers and ACH transactions, and reconcile bank statements.Internal Controls & Annual Audit: Develop and maintain internal control procedures to safeguard assets and ensure accurate reporting. Collaborate with external auditors during annual audits, manage audit responses, and create accounting policies documentation.