Overview
This remote Senior Accountant position within the Servicing Division involves performing general accounting functions and various analyses in accordance with GAAP. The role includes managing general ledger activities, balance sheet and income statement accounts, ledger reconciliations, journal entry preparation, and financial statement support. Compensation ranges from $36.00 to $46.00 per hour plus an annual bonus, based on experience and qualifications.
Responsibilities
- Perform daily bank reconciliations and record bank activities in the general ledger.
- Prepare monthly journal entries and detailed balance sheet account reconciliations, including accounts receivable, prepaids, accruals, and other liability accounts.
- Manage internal and external wire transfers.
- Review, analyze, and reconcile balance sheet and income statement accounts for fluctuations at month-end close to ensure compliance with US GAAP.
- Assist with quarterly and year-end audits.
- Maintain financial security by adhering to internal controls and company policies.
- Collaborate with other departments to resolve accounting issues.
- Perform additional duties as assigned.
Servicing Division Specific Duties
- Record initial recognition and subsequent fair value adjustments of Mortgage Servicing Rights (MSRs).
- Conduct impairment testing and valuation analysis of MSR assets.
- Ensure proper accounting treatment for non-recoverable advances and write-offs.
- Record advance-related financing transactions, including securitized advance facilities.
- Reconcile and analyze servicing-related revenue and expense accounts.
- Work with Treasury to manage MSR financing facilities such as MSR lines of credit.
- Coordinate with servicing operations to validate advance balances and reimbursements.
- Monitor recoverability of advances from investors, guarantors (e.g., Fannie Mae, Freddie Mac, Ginnie Mae), or borrowers.
Requirements
- Bachelor’s degree in Accounting, Finance, Business, or equivalent practical experience.
- Three to five years of general accounting or finance experience.
- Intermediate to advanced proficiency in Microsoft Excel.
- Knowledge of Oracle ERP accounting software preferred.
- Strong interpersonal and communication skills, both oral and written.
- Must be able to work Pacific Standard Time (PST) zone hours; preference given to candidates residing on the West Coast.
Compensation & Benefits
- Hourly pay range: $36.00 - $46.00 plus annual bonus.
- Comprehensive healthcare plans for employees and their families.
- Discretionary 401(k) match of 50% on the first 4% of pay contributed.
- Access to discounts on fitness, dining, retail, and more through an employee portal.
- Customized training programs for career advancement.
- Employee referral bonuses.
- Educational reimbursement opportunities.
Location
This is a remote position requiring work during PST hours, with a preference for candidates located on the West Coast.