Accounting Manager

This is a hybrid role and a career-fast-track opportunity with expectations of quick promotion.

About the role

The Accounting Manager supervises all general accounting functions, including coordination of daily accounting operations, directing the monthly close process, treasury operations, and preparation of accurate GAAP-basis financial statements (monthly, quarterly, and annual).

Responsibilities

• Coordinate daily financing activities with the Company’s operations team, mortgage loan brokers, title companies, and warehouse lenders.
• Prepare quarterly operating and cash forecasts, and various financial analyses as requested by the Controller.
• Supervise the accounting team, assisting with daily general ledger posting, interest rate lock derivative calculations, pricing analyses, sales commission and production bonus calculations, and mark-to-market valuation of loans held for sale inventory.
• Review and maintain all balance sheet reconciliations, ensuring intercompany and bank account balances are reconciled.
• Document accounting policies and procedures, and establish controls to deter fraud.
• Prepare accurate financial management reporting, including consolidated financial statements.
• Oversee disbursements review and control, including payroll, shared services, debt reporting, lender covenants, and income tax reporting.
• Train, develop, and guide the accounting team.
• Work with a third-party valuation company to independently value retained mortgage servicing rights.
• Interpret legal agreements (MLPAs, AMAs, forward purchase/sale agreements) for appropriate accounting recognition.
• Coordinate distribution of financial information for regulatory compliance and field examinations by warehouse lenders, tax professionals, audit firms, and other third parties.
• Direct and supervise:
  • The monthly accounting close process and revenue recognition.
  • Reconciliation of all balance sheet accounts across corporate business units.
  • Administration of treasury functions with corporate and business unit accounts.
• Maintain organization of all supporting information and direct loan transfers to the servicing group.

Requirements

• Multiple years in the accounting profession, preferably with supervisory and mortgage lending experience.
• Strong accounting, financial reporting, summarization, and communication skills.
• High-level experience with accounting information systems, treasury management, and internal controls.
• Solid understanding of resource requirements for financial tasks.
• Experience managing a professional staff and reporting to mid-level or senior management.
• 5+ years of financial experience, advanced or accounting degree.
• General ledger and closing experience, treasury and disbursement management experience.
• Above-average proficiency with accounting software systems, exceptional GAAP knowledge, and strong organizational and recordkeeping skills.
• Familiarity with LOS System (Encompass) and GL System (NetSuite).

Benefits

• Medical, vision, dental, life, and disability insurance.
• Eligibility to enroll in the company 401(k) plan.

Pay

$120,000–$140,000 per year.