Accountant II, Loan Servicing

Full-time - Mid Level

El Segundo, CA

About the position

CV3 Financial Services provides financing for non-owner-occupied investment properties, providing flexible loan solutions combined with the experience our customers can trust. CV3 is more than just a lender. We partner with our customers to accelerate real estate opportunities and are invested in their success. We leverage the best technology to eliminate complexity and simplify the loan process, while never losing sight of the value of building personal relationships with our customers. We’ve set the bar high. With the aspirational mission to be the #1 choice as a trusted capital partner for real estate investors. We are ready when you are! Our People are Our Power. Great people make great companies. CV3 has nurtured a people-first culture, an entrepreneurial team, and a disciplined craft that fuels innovation and delivers results. We create lasting client relationships based on trust and transparency. We cultivate these relationships by taking amazing care of our people and our customers. Above all, what sets us apart are our five Core Values, which guide everything we do.

Responsibilities

• Understands GAAP/accrual-based accounting and how to apply policies to day-to-day work, journal entries and reconciliations.
• Understands operational business activities.
• Processes high volume cash transactions, loan level activities and closing statements.
• Reports the finances of the organization to the Accounting Manager, with minimal comments on accuracy.
• Records journal entries to account for business activities, ensures completeness, accuracy and compliance with general accepted accounting principles (GAAP).
• Reconciles general ledger accounts, ensures the accounts balance to underlying support and investigates and resolves any reconciling items; performs analysis and research variances.
• Clear documentation and writing skills in keeping Accountant policies and procedures.
• Assists and participates in optimizing existing process to increase efficiency. Participates in special projects as directed.
• Communicates and is transparent of any encountered accounting issues and discrepancies. Holds self-accountable and collaborates with our Accounting team members.
• Supports development of Accountant I and self.
• Perform daily cash reconciliations, ensuring actual funds align with servicing platform data.
• Reconcile loan servicing accounts (e.g., escrow, payment clearing) for both owned and managed loans, investigating and resolving discrepancies.
• Record and apply escrow checks correctly in the accounting system.
• Assist in loan transfers, ensuring withheld funds, escrow balances, and interest allocations are accurately recorded.
• Prepare monthly disbursement reports (including warehouse lending) and facilitate fund transfers to new servicers.
• Support month-end close activities, including recording journal entries for loan servicing transactions, reconciling general ledger accounts, and performing flux analyses.
• Provide daily and monthly reporting to Treasury and Asset Management, monitoring cash flows and ensuring correct fund distributions.
• Recommend and implement process improvements related to treasury functions in loan servicing, ensuring compliance with GAAP and company policies.
• Assist with external audits, preparing requested documentation and explaining loan servicing transactions.
• Participate in forecasting future cash needs for servicing activities.

Requirements

• Bachelor’s degree in accounting or related field preferred; or a combination of education and experience.
• 3-4 years of experience in the accounting field, preferably in mortgage or real estate finance.
• CPA preferred.
• Experience performing reconciliations and a solid understanding of GAAP.
• Loan servicing knowledge is required.
• Working knowledge and use of Oracle NetSuite, MS Office with advanced Excel, imaging system and internet.

Nice-to-haves

• Possesses strong organizational and multi-tasking skills.
• Flexible with the ability to adapt to changes quickly.
• Able to work under pressure and meet deadlines.
• Possesses strong task management skills.
• Self-starter with strong ownership while working well with others.
• Proven ability to process large data analysis with multi-entities that are complex and high volume driven.
• Thinks ahead and anticipates needs based on prior experiences; makes an effort to act in advance either to prepare for a situation or to prevent it.
• Able to apply critical thinking and focus on problem solving.
• Personal effectiveness and credibility.
• Financial management.
• Holds discretion and conducts themselves in the highest ethical standard.
• Demonstrates excellent verbal and written communication skills.
• Simultaneously maintains a 'big picture' view while being detail oriented.
• Able to build and maintain effective business relationships.
• Maintains strong levels of customer support in a complex environment.
• Effectively presents and communicates to executive level audiences.

Benefits

• Health Insurance
• HSA Account
• Accident Insurance
• Critical Illness Insurance
• Hospital Indemnity Insurance
• Dental Insurance
• VSP Vision Insurance
• Flexible Spending Accounts (FSA)
• Group Paid Life and AD&D Insurance Supplemental Coverage
• Company Paid Long Term Disability and Short-Term Disability (Non-CA)
• 401k Retirement Plan (2-Year Vesting)
• Legal Services
• Virtual Behavioral Health
• Employee Assistance Program (EAP)
• Flexible PTO
• Birthday and work anniversary gift cards
• Community outreach opportunities
• Access to Doordash’s Dash Pass
• Employee discount program - Great Work Perks
• Onsite dog park at our headquarters
• Company swag
• Stipends