Expense Analyst

NFM Lending-posted about 9 hours ago

$24 - $29/Yr

Full-time • Entry Level

Remote • Glen Burnie, MD

251-500 employees

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The Expense Analyst will serve as a liaison between NFM’s Vendor Management and Finance Teams to monitor and analyze organizational expenses to ensure costs remain within budgetary parameters, are allocated appropriately and to identify opportunities to reduce costs and increase profitability. The incumbent will review expenses to ensure vendor payments are properly approved, expense item is within company policy parameters prior to Accounts Payable disbursements. This role will also provide appropriate training for expense protocols for individuals and divisions.

Craft standard operating procedures (SOPs) for all functions of the role.
Review and validate all employee expense reports to ensure full compliance with NFM’s expense reimbursement policy.
Serve as the administrator for Concur expense reporting software, providing support and acting as a liaison with sales representatives and support staff as needed.
Verify accuracy and completeness of required fields in Concur, including employee details, dates, vendor information, descriptions, branch coding, general ledger coding, and expense amounts.
Confirm that supporting documentation (e.g., receipts) is attached, legible, and meets policy requirements.
Audit all calculations for accuracy, ensuring totals and any deductions or additions are correct.
Evaluate the necessity and business relevance of each expense, assessing whether it directly supports company activities.
Assess the reasonableness of expense amounts to confirm they are justified and not excessive.
Allocate expenses to the appropriate branch, department, or cost center.
Review, approve, or return expense reports within established timelines to ensure prompt reimbursements and efficient workflows.
Track the status of pending transactions and take proactive steps to expedite processing, including following up on reports needing additional information or corrections.
Return incomplete or inaccurate reports to employees with clear feedback and guidance on required revisions.
Crosstrain on vendor management functions to enhance skill-set and for project related assignments.
Additional duties as assigned.

College Degree in business, finance, accounting, or related field.
Minimum 3 years mortgage/banking experience with keen understanding of mortgage origination process and vendors utilized to fulfill loans
Proficient in Microsoft 365
Familiarity with accounts payable software platforms, Concur preferred
General understanding of Accounts Payable process and impact of expenses on cost centers
Strong organizational skills with the ability to manage multiple priorities
Excellent verbal and written communication skills
Ability to work independently, and collaboratively to develop win-win solutions

Knowledge of mortgage industry regulations preferred

Qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link: Benefits and Total Rewards

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