VP Custodial Accounting

Overview

This role involves managing the operations and staff of the Custodial Accounting team, ensuring adherence to accounting practices and controls. The position requires directing transaction processing operations, reviewing and approving accounts payable and receivable invoices, reconciling general ledger accounts, and coordinating month-end close processes for timely and accurate reporting. The role also includes maintaining accounting policies and controls, adopting lean process improvements, and assisting with system enhancements to reduce operational risk and improve efficiency.

Responsibilities

• Manage Custodial Accounting team operations and staff
• Direct transaction processing operations
• Review and approve accounts payable and receivable invoices, cash disbursements, and receipts
• Reconcile unresolved transactions and general ledger accounts daily
• Oversee servicing loss and recovery transactions between corporate and custodial accounting
• Prepare, review, and approve custodial bank reconciliations on schedule
• Coordinate and perform month-end close processes
• Investigate significant accounting issues as requested by senior management
• Participate in cross-departmental requests and collaborate with partners
• Maintain documented accounting policies, procedures, and internal controls
• Ensure internal controls are present and functioning effectively
• Implement lean approaches to improve team efficiency
• Assist in identifying, implementing, and testing system enhancements
• Perform other related duties as assigned
• Travel less than 10% to onsite office in Lansing, MI

Requirements

Education

• Bachelor’s degree in accounting, finance, or related field, or equivalent experience

Experience

• 5-8 years of relevant experience with increasing responsibilities
• Experience with custodial accounting preferred
• Mortgage industry experience preferred
• Knowledge of generally accepted accounting principles (GAAP)
• Management experience preferred

Certifications

• Certified Public Accountant (CPA) or similar designation preferred

Skills and Abilities

• Excellent written and verbal communication skills
• Ability to distill complex analyses and present to staff and management
• Effective project management and critical thinking skills
• Independent and self-motivated with strong organizational skills
• Ability to multitask and prioritize workload efficiently
• Strong interpersonal skills for interaction with internal and external clients
• Problem-solving skills with risk awareness and quick decision-making
• Ability to motivate and engage remote team members

Working Conditions

Work may be performed in a professional office or home office environment. Standard office equipment such as computers, phones, headsets, photocopiers, filing cabinets, and fax machines are routinely used.

Physical Requirements

• Regularly required to talk or hear
• Frequently required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms

Compensation & Benefits

• Flexible, remote work environment supporting work-life balance
• Comprehensive medical, dental, and vision coverage with multiple plan options
• Health Savings Account (HSA) and Flexible Spending Accounts (FSA), including dependent care
• 401(k) plan with employer match and immediate vesting
• Employer-paid life insurance, disability coverage, and parental leave
• Generous paid time off, paid holidays, and flexible work arrangements

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Location

Remote with less than 10% travel to onsite office in Lansing, MI