Job DescriptionPosition Name: Staff AccountantDepartment: Accounting / Finance
Reports To: Accounting Manager or ControllerPosition SummaryThe Staff Accountant plays a key role in supporting accounting and financial reporting processes for mortgage loan origination, interim servicing, and loan sale activities. Responsibilities include journal entries and reconciliations for loan-level accounting and gain-on-sale recognition as well as general support of the close process.This is not a typical Staff Accountant role. It’s an opportunity for someone who is eager to learn, wants to take on new challenges, and wants to gain exposure to high-impact initiatives early in their career.With our recent acquisition by a public company, this position offers hands-on experience with public company reporting and structure, including involvement in 10-K and 10-Q processes. This role will also provide direct exposure to the first-year implementation of SOX compliance, offering invaluable experience in internal controls.Additionally, the team will be rolling out FloQast, giving the candidate the opportunity to build future-ready skills in close automation and AI-driven accounting tools.The ideal candidate demonstrates strong analytical skills, precision, and the ability to manage and reconcile large, complex datasets.Key ResponsibilitiesLoan-Level Accounting and LHFS ActivityRecord daily loan-level activity, including fundings, sales, and payoffs.Reconcile loan-level data from the loan origination system (LOS) to accounting records.Investigate and resolve discrepancies between loan-level activity and general ledger balances.Prepare and record estimated interest accruals.Loan Sale Settlement AccountingRecord journal entries associated with:Origination fees and costsLoan sale proceeds, gain-on-sale recognition, and fair value adjustments for loans held for saleWarehouse Line and Funding AccountingRecord and reconcile activity related to warehouse lines of credit, including loan fundings, paydowns, and interest.Reconcile warehouse line balances to lender statements and internal loan funding records.Assist with tracking loan funding activity and ensuring accurate accounting for warehouse borrowings.Data Analysis and Reconciliations (Excel)Analyze large loan-level datasets using advanced Excel functions (e.g., pivot tables, XLOOKUP, VLOOKUP).Ensure traceability between loan-level system data, supporting schedules, and the general ledger.Financial Close and ReportingSupport monthly and quarterly close processes, including journal entries, reconciliations, and supporting schedules.Prepare and maintain account reconciliations.Provide variance analysis and explanations related to assigned accounts.Audit and Compliance SupportPrepare workpapers and supporting documentation for internal and external audits.Assist in responding to audit requests related to mortgage loan accounting activity.Maintain organized documentation supporting accounting conclusions and journal entries.QualificationsEducationBachelor’s degree in Accounting, Finance, or a related field.Experience1–3 years of accounting experience, preferably in:Mortgage bankingFinancial servicesLoan accounting or loan operationsExperience working with loan-level transactional data preferred.Technical SkillsGeneral Microsoft Excel proficiency required, including:Pivot tablesVLOOKUP / XLOOKUPData reconciliation techniquesExperience with general ledger or ERP systems.Familiarity with loan origination systems (LOS) or mortgage servicing systems is a plus.Core CompetenciesStrong attention to detail and analytical abilityAbility to work with large datasets and complex reconciliationsStrong organizational and documentation skillsAbility to meet deadlines in a fast-paced mortgage banking environment and take ownership of assigned responsibilitiesEffective communication and collaboration skills
