Intermediate Accountant

SUMMARY:
Moderately complex preparation of balance sheet account reconciliations, profit and loss statements, and other financial reports. Responsibilities may also include analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Has intermediate knowledge of commonly-used concepts, practices, and procedures within a particular field (mortgage and/or accounting). Relies on instructions and pre-established guidelines to more independently perform the functions of the job. Reports organization's finances to management, and offers suggestions about resource utilization, tax strategies, and assumptions underlying budget forecasts. Relies on judgment and limited experience to plan and accomplish goals. Performs a variety of tasks, often under tight deadlines or interrupted schedule. Works under general supervision, but certain degree of creativity and latitude is required.

QUALIFICATIONS:

•Bachelors Degree in Accounting/Finance or equivalent experience.
•MBA, CPA, CMA, or other accounting designation preferred. Six Sigma exposure preferred.
•Minimum four (4) years accounting experience or two (2) years experience in a company accounting role
•Minimum two (2) years mortgage banking or financial services experience.
•Strong working knowledge of relevant operational departments (Servicing, originations, Aculink, treasury, etc.) and understanding of relationship with other related operations.
•Strong working knowledge of computerized systems (for example, working knowledge of the Fidelity system cash flows, or detailed understanding of the Solomon accounts receivable and billing accounting, or equivalent in prior experience).
•Understanding and practice of Generally Accepted Accounting Principles (GAAP).
•Ability to research general accounting policies and practices via FASB, AICPA, or other sources of guidance.
•Good understanding of the Sarbanes-Oxley act, and the internal controls over financial reporting environment.
•Strong understanding of the general ledger and month-end closing process.
•Business partner to operational departments seeking regular or ad hoc accounting reporting or information.
•Strong analytical skills with ability to perform complex financial calculations.
•Excellent computer skills with strong working knowledge of Microsoft Office software, including Excel.
•Excellent interpersonal, written and oral communication skills.
•Strong organizational and follow-through skills and detail orientation.
•Ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality.
•Ability to act independently within defined Company and Department policy.

RESPONSIBILITIES:

Maintains, manages, and implements processes and procedures to perform, track, verify, confirm, record, audit, and/or advise of financial transactions for assigned OOMC offices and/or accounts in adherence with OOMC guidelines and Generally Accepted Accounting Principles (GAAP•Tracks and reviews loans and performs associated transactions such as obtaining funding from lenders, monitoring and delivering collateral, making borrowing adjustments, or sending wires, required to expedite and complete loan process
•Coordinates transactions with other OOMC departments and branches and external contacts such as trustees and lenders
•Tracks and journals movement of money within assigned area to expedite loan funding or sale, ensure funds are available to fund loans, and assess lines of credit
•Audits loan documents and transaction wires, confirming loan balances, calculating principal, interest, and loan fees, and ensuring all data is complete and correct
•Prepares and releases documentation for loans as required for funding, unfunding, sale, and securing
•Prepares spread sheets, reconciliation, general ledgers and journals for documentation of transactions, determination of funding needs, and analysis
•Monitors systems such as wire operations, to ensure they are functional
•Assists Associates in resolving technical problems and answering questions
•May assist with training and coaching of Associates
•Performs other duties and special projects as required
REQUIREMENTS
Bachelors Degree in Accounting/Finance or equivalent experience.
MBA, CPA, CMA, or other accounting designation preferred. Six Sigma exposure preferred.

Minimum four (4) years accounting experience or two (2) years experience in a company accounting role.

Minimum two (2) years mortgage banking or financial services experience.

Strong working knowledge of relevant operational departments (Servicing, originations, Aculink, treasury, etc.) and understanding of relationship with other related operations.

Strong working knowledge of computerized systems (for example, working knowledge of the Fidelity system cash flows, or detailed understanding of the Solomon accounts receivable and billing accounting, or equivalent in prior experience).

Understanding and practice of Generally Accepted Accounting Principles (GAAP).