Portfolio Jobs

About Hum Capital:

Hum Capital is the funding platform connecting great companies with the right capital. Hum's Intelligent Marketplace is an AI-powered funding platform that connects companies with investors and lenders, alongside Hum's own direct non-dilutive financing offerings. Our mission is to make funding for growth companies equitable, efficient, and accessible.

Role:

The Corporate Controller will be a key member of Hum Capital’s leadership team and fully own all aspects of the company’s accounting operations. The Corporate Controller will initially manage a team of one to two staff.

Primary Responsibilities:

• Manage monthly close process to provide insightful, timely and accurate financial reporting.
• Manage and improve critical accounting policies and procedures.
• Manage procurement and expense policies and procedures.
• Manage and optimize collections, payables and reconciliations.
• Manage tax and treasury operations.
• Manage the annual financial audit.
• Partner with the CFO to produce operating budgets, budget versus actual reports, long-range forecasts and KPIs.
• Partner with the operations team to produce accurate and timely reports for lenders and investors.
• Own the accounting and reporting for the company’s loan portfolio, including revenue recognition, interest income accruals, and amortization of deferred origination fees and costs in accordance with applicable US GAAP.
• Maintain and oversee the allowance for credit losses under ASC 326 (CECL), including rollforward schedules, reserve methodology documentation, charge-off accounting, and impairment assessments in coordination with the credit team.
• Evaluate loan restructurings and modifications under ASC 310-20 and ASC 470-50 and prepare supporting technical accounting memos documenting US GAAP conclusions.
• Apply relevant US GAAP to complex financing instruments held or issued by the company (including SAFEs, warrants, and other equity-linked or hybrid instruments) under ASC 480, ASC 815, and ASC 718, and prepare accounting policy memos documenting classification, measurement, and disclosure conclusions.
• Account for participated loans and syndicated structures in accordance with applicable US GAAP, including co-lender reporting obligations.

Position Requirements:

• BS/BA in Accounting or business-related field.
• CPA required
• At least 7 years of wide-ranging experience in accounting and finance operations including experience managing teams.
• Expert knowledge of US GAAP.
• Willingness to travel.
• Hybrid work environment, based in Chicago.

Desired Experience and Skills:

• Prior experience in a fund management, private lending business (e.g. BDCs), or related business and/or technology start-up (e.g. fintech) strongly preferred.
• Prior experience with fund or investment accounting, including familiarity with ASC 326 (CECL), complex amortization schedules and leveraged investment vehicles. Non-traditional financing products (e.g. venture debt, factoring, revenue based financing, merchant cash advance, etc.) strongly preferred. Experience with loan modification analysis and complex financing instruments (SAFEs, warrants, stock-based compensation and other equity-linked instruments) also strongly preferred.
• Prior experience at a big 4+ accounting firm is a plus.
• Prior experience with Quickbooks Online (and Fathom consolidation software) is a plus.
• Strong familiarity with using AI tools is a plus.

Requisite Characteristics:

• Thrives in a dynamic and fast-paced environment where strong collaboration and teamwork as well as the ability to work independently are critical.
• Ability to effectively manage diverse, remote teams.
• Creative thinking and problem-solving mentality with desire to continually take on new and challenging tasks.
• Strong process and continuous improvement oriented mindset.
• Outstanding written and verbal communications.
• Attention to detail and commitment to excellence.
• Strong technology orientation, familiarity and embrace of AI and latest accounting and finance software and tools to drive efficiency and productivity.