Investor Accounting Analyst – Internal Accounting

KeyBank • Overland Park, KS

1d • Hybrid

About The Position

Under the direction of the Internal Accounting Manager, the Investor Accounting Analyst will be part of the team responsible for setting up and monitoring PAT loans, reconciling various daily bank accounts, processing daily work log files (Internal transfers, ACH, & Wires), processing daily wire files, setting up, monitoring, and administering Energy transactions, and performing various other tasks as directed by the department head.

Requirements

• Strong knowledge of Borrower Ownership structures.
• B.S. in Accounting, Finance or related business field and/or comparable experience or 5 years relevant job experience in banking/account/commercial mortgage servicing.
• Excellent written/verbal communication skills, as well as a high degree of analytical skills.
• Excellent organizational skills, with ability to efficiently handle multiple tasks and deadlines.
• Demonstrated organization, prioritization/detail-orientation skills.
• Demonstrated ability to work independently with minimal supervision.
• Efficient in the use of word processing, spreadsheet and email software, such as Microsoft Word, Excel and Outlook.

Nice To Haves

• Experience in commercial mortgage loan accounting.
• Experience in Banking.
• Minimum 1-2 years’ experience in commercial mortgage real estate lending.
• Experience in understanding various legal documents associated with commercial loans.
• Team oriented and flexible.
• Analyze issues and seek to improve and simplify work processes.

Responsibilities

• Daily processing of book transfers, ACH’s and wire transfers from RECWeb Work log for various departments under multiple deadlines and constraints.
• Daily processing of internal money movements associated with voided checks, payment reversals and other like activity of the servicing portfolio.
• Pre-Authorized Transfer (PAT) setup and ongoing maintenance related to payment activity.
• Assist in the timely processing and funding of New Loans while working closely with closers to ensure funds are processed accurately.
• Daily balancing activity to ensure cash and system processing equal prior to day-end cycling.
• Manage interaction with Corporate Accounting on issues concerning the General Ledger.
• Daily balancing of all incoming receipt accounts to ensure proper resolution of unidentified recon items.
• Escalate stale recon items timely for resolution.
• Daily balancing of all outgoing disbursement accounts to ensure proper resolution of unidentified recon items.
• Escalate stale recon items timely for resolution.
• Daily balancing of other clearing accounts, including NSF Account, CoreLogic/SLK Account, Cash Management Clearing, RESI Flood, and others as required.
• Daily, weekly and monthly reconciliations of various collection, escrow and reserve accounts.
• Daily monitoring of outstanding check register, clearing stale dated checks in a timely fashion.
• Interact with Corporate Accounting on issues concerning the General Ledger.
• Review legal agreements to identify intended role and establishment of bank accounts per project.
• Process daily, weekly and monthly reconciliations of various energy bank accounts.
• Process monthly, quarterly and “upon request” withdrawal requests per project via the RECWeb Work log process.
• Provide quality and timely responses to all Internal Accounting customers (senior management, account managers, lenders, legal counsel, external banks, borrowers, title companies, etc.).
• Assist other Internal Accounting Departments as required.
• Assist peers in reconcilement issues/questions as requested.
• Participate in special projects as needed; i.e. participate in the testing phase of upgrades, enhancements to the system, and audits.

Benefits

• On-the-Job Designated continuing education and related courses throughout the year (30 hours minimum annually)
• Base salary in the range of $63,000.00 - $96,000.00 annually.
• Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
• A list of benefits for which this position is eligible.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level