Vice President, Accounting and Financial Reporting
Credit Acceptance is proud to be an award-winning company recognized both locally and nationally across multiple workplace categories. Our world-class culture is shaped by dedicated team members who are driven to succeed as professionals individually and together as a team. Backed by a strong product, exceptional people, and a stable financial foundation, we’ve grown into a leading provider of used and new car financing across the country.
Our Support teams work with multiple departments in a dynamic environment that promotes flexibility and autonomy, while offering the opportunity to collaborate with a diverse group of professionals. We work to comply with our company standards, exceed customer expectations, and drive our Great Place to Work culture. We deliver high-quality services aligned to business needs, driving innovative improvements that support our company strategy and modern operating principles.
The Vice President of Accounting & Financial reporting provides strategic leadership for the organization’s accounting and financial team. This role leads a team of Managers and Financial Analysts that is responsible for: accounting for transactions within the general ledger; preparation of the monthly internal financial statements; providing reporting and analysis that clearly communicates actual and forecasted financial performance; providing financial information to support team members to make sound business decisions; preparation of various financial statement supporting schedules on a quarterly basis for the Internal Audit team and external auditors; ensuring compliance with U.S. Securities and Exchange Commission (SEC) Reporting Rules through the accurate and timely filing of required documents; and ensuring compliance with Section 404 of the Sarbanes-Oxley Act (SOX 404) by maintaining effective internal controls over financial reporting. Outcomes and Activities:
- Establish and maintain a high-performing organization by actively monitoring and improving the ten dimensions of organizational health (right people, right number, organizational design, clear expectations, training, performance management, measurement, incentive plans, right environment, tools).
- Serve as a strategic advisor to executive leadership by providing financial insights, technical accounting guidance, and recommendations that support business objectives and long-term growth.
- Lead and develop a team of Accounting Managers and Financial Analysts, fostering a culture of accountability, collaboration, continuous improvement, and professional growth.
- Ensure that the monthly internal financial statements are prepared accurately in accordance with GAAP by scheduled deadlines.
- Oversee the research, interpretation and implementation of the appropriate accounting policies for new products and services, changes to existing products and services, or for the issuance of new accounting guidance.
- Oversee the accurate and timely completion of supporting documentation for the Internal Audit team and external auditors.
- Provide accurate and timely reporting, analysis and insights of actual and forecasted financial performance on both a GAAP and non-GAAP basis that informs decision-making and meets stakeholder expectations
- Ensure that various SEC Forms (i.e. 10-K, 10-Q, 8-K, 11-K, Proxy and Form 4) and press releases are filed accurately by established deadlines.
- Oversee the research, interpretation and implementation of the appropriate disclosures for changes in business activities and authoritative guidance (U.S. GAAP and SEC Reporting Rules).
- Ensure our compliance with SOX 404 by maintaining effective internal controls over our financial reporting, including ensuring that the design of our internal control structure is adequately documented
- Establish and execute a finance technology strategy that advances the use of AI, automation, and data-driven insights to enhance efficiency, scalability, and decision-making across the functio