Manager Associate

Responsibilities

• Perform monthly close reasonableness reviews including but not limited to income analysis, interest accruals, & book value roll forwards.
• Maintain responsibility for reconciling the general ledger for both GAAP and Statutory accounts on a monthly basis, between the mortgage loan servicing system and the GL, and other downstream reporting systems (e.g. unpaid principal balance, escrows, reserves, premium/discount amortization, fee income, interest income, etc.)
• Maintain responsibility for the accounting and maintenance of deferred income/expense items and reconciliation of the system calculated yield to ledger book yields.
• Prepare month end trial balances and other financial reports for all portfolios, as requested. (e.g. fee income, misc income, gains/losses, statutory Schedule B, GAAP supplemental, etc.)
• Assist with audit requests, SOX experience helpful.
• Assist Accounting Manager with other ad hoc financial analysis, reconciliation as needed.
• Complete all work to meet critical deadlines for month-end and timelines for reconciliations.
• Maintain orderly and complete accounting records for audits or management inquiry.
• Advise Manager and management of financial items/issues.
• Prepare daily valuations, financial statements and remittances files while coordinating with both internal and external parties related to reporting.
• Interpreting servicing agreements, government regulations, accounting manuals, and loan documents to ensure accounting and reporting requirements are being met.
• Prepare applicable journal entries based on reconciliations.
• Execute and reconcile required asset transfers in the designated timeframe outlined.
• Prepare monthly accruals and market value adjustments.
• Assist with process automation.
• Work with third-party generated loans.

Qualifications

• Bachelor's degree in Accounting or related business degree required with a minimum of Intermediate Accounting I & II.
• 3-5 years of accounting experience in a financial services environment or 2-3 years public accounting required.
• 1-3 years of experience with Information Systems related to Accounting functions.
• Excellent communication skills, both oral and written.
• Excellent interpersonal and customer service skills are essential.
• Strong organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Exceptional Microsoft Office skills (Excel, Word) is required.
• Ability to multitask, self-motivate, and prioritize work effectively in a face paced environment.
• Enjoy problem solving and collaborating in a team environment.

Preferred Qualifications

• Working knowledge of sub ledger to general ledger feeds as well as databases and how they function.
• Experience with MS Access, SQL is a plus.
• Mortgage or Insurance industry accounting experience and/or CPA preferred but not required.
• Experience with foreign investments (FX conversions) is helpful but not required.

About Company