Manager - Revenue Management (On-site)

About the position

The Manager - Revenue Management is responsible for the monthly billing of invoices to various clients, the verification of receipt and movement of revenue within the company, and the oversight of P&I advances, and the posting of cash as recovered from the clients/investors. The ideal candidate will have experience balancing complex trades based upon various cutoff dates as well as experience leading dynamic teams and processes.

Responsibilities

• Oversee the generation of monthly invoices for clients, including, but not limited to, monthly advance settlements, monthly fee revenue recovery, and compensation interest.
• Maintain a system of monthly advance reconciliations to ensure the accuracy and integrity of advance reporting and balances.
• Manage revenue reconciliation, validating fees billed versus fees collected. Coordinate with accounting on cash mapping and movement to ensure timely GL reconciliation.
• Teach reporting skills and research methods to the team while constantly looking to improve performance and innovate through automation.
• Partner with Investor Accounting as well as internal departments to ensure investor record is correctly reflected both in reporting and the system of record.
• Ensure monthly reconciliation outages are researched and resolved timely and correctly.
• Work with internal Investor Control team to ensure accurate information is supplied for various audits both internal and external.
• Confirm reports, and wire requests are being sent timely as it relates to the monthly reporting and remittances.
• Review reports before they are submitted externally. This includes checks for formatting issues, month-over-month consistency issues, contract billing agreement, full balance roll forward, and large transaction investigation.
• Coordinate with the department's management to address issues identified so that reoccurring process issues can be remedied.
• Develops and enhances operational procedures.
• Performs related duties as assigned by management.

Requirements

• Bachelor's Degree in Accounting or Finance preferred.
• 6-8 years' Mortgage Servicing with 3+ years Investor Reporting experience required.
• Advanced MS Excel experience required including pivot tables, Vlookups and other complex formulas.
• Proficient in MS Word and PowerPoint.
• SQL or other database reporting experience preferred.
• Servicing Director knowledge a plus.
• Proven ability to build strong relationships with stakeholders, learn quickly, be flexible and think strategically.
• Strong communication skills to interact with Senior Management and other business units.
• Working understanding of operational risks and related controls.
• Understanding of RegAB and USAP Guidelines.

Benefits

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave
• Pet insurance
• Adoption Assistance
• Tuition reimbursement
• Employee Loan Program
• The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions