Assistant Controller

Overview

Full-time Assistant Controller role supporting finance accounting operations for mortgage banking activities.

Responsibilities

Accounting Operations & Financial Reporting

• Manage daily accounting activities, including general ledger maintenance, journal entries, accruals, account reconciliations, accounts payable, and accounts receivable.
• Coordinate month-end, quarter-end, and year-end close activities to ensure timely and accurate financial reporting.
• Prepare and review financial statements, including balance sheets, income statements, cash flow schedules, and supporting documentation.
• Review general ledger activity, identify discrepancies, and ensure accurate classification of financial transactions.
• Monitor accounting workflows and identify opportunities to improve accuracy, efficiency, and close timelines.
• Support finance leadership with financial reporting packages, variance analysis, and special accounting projects.

Mortgage Banking Accounting & Reconciliations

• Oversee and support mortgage-specific accounting activities related to loan funding, loan sales, gain-on-sale recognition, investor settlements, and servicing-related transactions.
• Review warehouse line reconciliations, including funding activity, paydowns, interest, fees, outstanding balances, and investor proceeds.
• Ensure accurate reconciliation of loan-level transactions between mortgage systems, warehouse facilities, banking records, and the general ledger.
• Investigate and resolve discrepancies involving loan funding, investor remittances, cash activity, and mortgage accounting transactions.
• Collaborate with Treasury, Capital Markets, Secondary Marketing, and Operations to ensure timely and accurate recording of financial activity.
• Support accounting and reconciliation requirements for Non-QM, DSCR, Jumbo, and other mortgage lending products.

Internal Controls, Audit & Compliance

• Assist in maintaining and strengthening accounting policies, procedures, internal controls, and financial documentation.
• Prepare audit schedules, supporting workpapers, account reconciliations, and documentation for internal and external audits.
• Assist with investor reviews, warehouse lender reporting requirements, and regulatory financial examinations.
• Ensure accounting transactions and financial reporting comply with GAAP, company policies, and applicable mortgage banking requirements.
• Identify control gaps, accounting risks, and opportunities to improve financial processes.
• Support implementation of standardized procedures that strengthen audit readiness and operational consistency.

Financial Analysis & Cross-Functional Collaboration

• Prepare and support financial analysis including budget-to-actual comparisons, expense reporting, profitability analysis, and variance explanations.
• Assist with financial reporting tools and dashboards to provide visibility into business performance.
• Collaborate with FP&A and finance leadership to support forecasting, budgeting, and operational financial reporting.
• Work with internal departments to investigate accounting issues, improve reporting accuracy, and resolve financial discrepancies.
• Support special projects involving accounting systems, process automation, reporting enhancements, and business initiatives.

Team Leadership & Process Improvement

• Provide guidance, training, and day-to-day support to accounting team members.
• Review accounting workpapers, reconciliations, and journal entries for accuracy, completeness, and adherence to established procedures.
• Assist with establishing priorities, monitoring deadlines, and maintaining accountability across accounting functions.
• Identify opportunities to streamline processes, reduce manual tasks, and improve accounting workflows.
• Evaluate and implement technology, including AI-enabled accounting tools and automation solutions, to enhance reconciliations, reporting, financial analysis, and operational efficiency.
• Promote a collaborative, solutions-oriented environment that supports continuous improvement and professional development.

Requirements

Qualifications

• 6+ years of progressive accounting or finance experience, preferably within mortgage banking, wholesale lending, correspondent lending, Non-QM, or financial services.
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Previous experience as an Assistant Controller, Accounting Manager, Senior Accountant with supervisory responsibilities, or a similar accounting leadership role.
• Strong knowledge of GAAP, general ledger accounting, financial reporting, accruals, and balance sheet reconciliations.
• Experience preparing or reviewing financial statements and supporting monthly, quarterly, and annual close processes.
• Understanding mortgage banking accounting, including warehouse lines, loan funding, loan sales, gain-on-sale accounting, investor settlements, and related reconciliations.
• Experience supporting internal and external audits and maintaining accounting policies and controls.
• Advanced Excel skills and proficiency with accounting and financial reporting systems.
• Strong analytical and problem-solving capabilities, including the ability to research and resolve complex accounting discrepancies.
• Excellent organizational skills and ability to manage competing deadlines in a fast-paced environment.
• Strong communication skills and ability to collaborate across departments.
• Experience mentoring, training, or supervising accounting personnel.

Preferred Qualifications

• CPA designation or MBA preferred, but not required.
• Direct mortgage banking, wholesale lending, or correspondent lending accounting experience.
• Experience with Non-QM, DSCR, Agency, Jumbo, HELOC, Second Lien, or investor lending products.
• Familiarity with Loan Vision or comparable mortgage accounting systems, loan origination systems, ERP platforms, and warehouse reporting portals.
• Experience with servicing accounting, investor reporting, EPP activity, and loan-level reconciliations.
• Prior public accounting or audit experience.
• Experience implementing accounting process improvements, automation, and AI-enabled financial tools.
• Exposure to financial modeling, profitability reporting, budgeting, forecasting, and operational financial analysis.

Compensation & Benefits

Salary

• $125,000 - $135,000

Benefits

• 401(k) matching program
• Medical, dental, and vision coverage
• Flexible remote work environment
• Competitive compensation

Location

• Remote

Equal Opportunity Employer

This employer is an Equal Opportunity Employer and aims to empower individuals and support diverse cultures, perspectives, skills, and experiences within the workforce.