Manager, Accounting

loanDepot • Irvine, CA

11d • $108,000 - $148,500 • Hybrid

About The Position

Responsible for supervisory level duties overseeing the accounting of loan-related duties to support the Loan Accounting team. Assists in maintaining the accuracy and integrity of the general ledger, control and compliance with company policies and procedures, and all regulatory requirements. Assists business partners with day-to-day operational activities and research and interprets discrepancies to determine proper recording of revenue and expenses. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

Requirements

• Bachelor’s Degree preferred and a minimum of five (5) + years’ experience working in a similar field.
• Experience in the Mortgage industry highly preferred.
• Minimum three (3) + years of management experience preferred.
• Experience with AMB, Servicing System, and Oracle required.
• This role requires a hybrid schedule based out of Irvine, CA.

Responsibilities

• Supervise and manage a team of loan accountants, providing direction, training, and performance evaluations.
• Review and approve journal entries related to loan activities, ensuring compliance with internal controls and accounting standards.
• Monitors and reviews weekly bank trust reconciliations to ensure compliance with regulatory requirements and industry standards.
• Oversee monthly and quarterly reconciliations of loan accounts, ensuring accuracy and alignment between the general ledger and subsidiary loan accounts, Warehouse Facilities.
• Coordinate the preparation of loan reports such as Loan Held for Sale Rollforward for internal stakeholders and auditors.
• Oversee internal controls by managing the policies, procedures, and systems that ensure the integrity of loan-related accounting activities, while safeguarding the company’s financial assets.
• Liaise with the Treasury and Operations teams to ensure proper management of loan-related cash activities, including repayments and funding requirements.
• Assists in month-end financial close.
• Lead initiatives to improve accounting processes and workflows, focusing on increasing efficiency, reducing errors, and streamlining loan accounting operations.
• Foster a collaborative work environment, encouraging continuous improvement and development of team members.
• Performs other duties and projects as assigned.

Benefits

• Aggressive compensation package based on experience and skill set.
• Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
• Work with other passionate, purposeful, and customer-centric people.
• Extensive internal growth and professional development opportunities including tuition reimbursement.
• Comprehensive benefits package including Medical/Dental/Vision.
• Wellness program to support both mental and physical health.
• Generous paid time off for both exempt and non-exempt positions.

What This Job Offers

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