Senior Accountant

Clayton•Maryville, TN

13d•$76,465 - $95,585•Hybrid

About The Position

At Vanderbilt Mortgage, we believe homeownership makes lives better. For over 50 years, we’ve been committed to making homeownership more attainable for families across the country by providing mortgage solutions that unlock the freedom of home. As a national housing lender, we specialize in financing new and pre-owned manufactured and modular homes. With a diverse range of loan products, a reputation for world-class customer service and a coast-to-coast presence, Vanderbilt continues to be a leader in the industry. Our strength is our people—which is why we prioritize investing in our Team Members through opportunities for growth, a healthy work-life balance, and meaningful recognition of their contributions. Whether just starting out or bringing years of experience, Vanderbilt empowers our Team Members with the tools and training to build a successful career and reach their full potential. POSITION TITLE: Senior Accountant – Payroll Reconciliations (Non – LO – No Consumer Contact) JOB STATUS: Full-Time/Salary DEPARTMENT: Accounting & Finance REPORTS TO: Lead Accountant – Payroll Reconciliations TRAVEL REQUIRED: None WORK SCHEDULE: Hybrid- 2 days in the office- 3 days remote. Pay: The expected hiring range for this position is from $76,465 to $95,585 plus additional bonus opportunity. The stated hiring range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs. JOB SUMMARY: The Senior Accountant – Payroll Reconciliations is responsible for supporting the Payroll General Ledger team by completing high risk journal entries, reconciliations, audits, and assisting in research. This position reports to the Lead Accountant – Payroll Reconciliations and communicates with a variety of departments to problem solve and improve processes. This position is expected to have a thorough understanding of Generally Accepted Accounting Principles (GAAP) and may be assigned projects outside of normal monthly duties. The Senior Accountant – Payroll Reconciliations has a high level of secure accesses to business unit wide pay data and is expected to exhibit the highest level of discretion.

Requirements

Bachelor’s degree in Accounting required, advanced degree and/or professional certification is a plus.
4-6 years’ experience in Accounting or related field required.
Querying skills, knowledge of Sequel ViewPoint, Enterprise Data Warehouse (EDW), AS400, Accounting related Enterprise Resource Planning (ERP) System a plus.
Advanced Excel skills, including utilization of advanced and nested functions.
Open to receiving and implementing feedback.
Great attention to detail, organizational and analytical skills, and excellent time management.
Capable of gathering facts accurately, analyze causes, evaluate alternate solutions, and arrive at sound conclusions on action to be taken.
Appropriate sense of urgency and follow-up in various situations.
Experience managing multiple and/or conflicting responsibilities.
Ability to communicate effectively and efficiently via phone, email, and person to person.
Advanced knowledge of Generally Accepted Accounting Principles (GAAP).
Be a quality minded motivated self-starter, willing to learn, hardworking, determined, and assertive.
Capable of and excited to embrace change culture.
Capable of fostering and maintaining strong inter-department relationships.

Nice To Haves

Querying skills, knowledge of Sequel ViewPoint, Enterprise Data Warehouse (EDW), AS400, Accounting related Enterprise Resource Planning (ERP) System a plus.
Bachelor’s degree in Accounting required, advanced degree and/or professional certification is a plus.

Responsibilities

Reconciliation and Review Tasks · Audits bonus payments submitted to Payroll to confirm accurate team member payments as needed.
Analyzes Loan Officer compensation for VMF and Silverton to ensure compliance with the Consumer Financial Protection Bureau (CFPB) compensation guidelines including but not limited to: o Reviewing signed agreements, o Testing result metrics and final payments to ensure all compensation calculations were completed accurately, o Resolving any deviations, o Issuing an audit report for Credit, Compliance Audit, and Accounting manager review.
Reconciles weekly Workday payroll reports with general ledger (GL) activity to ensure payroll posted as expected and resolves any deviations.
Analyzes and reconciles payroll general ledger account activity to ensure complete and correct financial statements.
Provides requested feedback on payroll account fluctuations to other accounting teams, department leaders, and senior management as needed.
Leads yearly compensation review for merit increases to ensure that merit increase guidelines are applied uniformly, and team members receive appropriate increases corresponding with stated performance levels.
Partners with Lead Accountant in analyzing salary account activity for preparation of Schedule D and H of the quarterly Mortgage Banker Financial Reporting Form (MBFRF).
Analyzes and presents on Payroll general ledger accounts for quarterly GL review.
Reviews and provides feedback as needed on monthly payroll liability reconciliations created by other team accountants.
Analyzes all Workday reports utilized in the creation of journal entries to ensure accuracy. This may include but is not limited to, o comparing results to prior month results, o reviewing for expected team member inclusion, o and running other ad-hoc analysis.
Prioritizes and resolves deviations from expectations through research.
Department Bonus Review and Automation · Analyzes and processes bonus submissions for payment to ensure accuracy and adherence to stated compensation guidelines to ensure various VMF department team members receive proper bonus compensation, and that audit backup is sufficient and available as needed.
Collaborates with Lead Accountant as backup for executive bonusing review and payment submission. This includes but is not limited to: o Compiling various metric result measures, o Applying pay matrix logic, o Recommending bonus results for approval by senior management, o Processing payment requests.
Creates and updates custom VMF department bonus templates ensuring all proper documentation and audit backup is compiled and stored. o Identifying automation improvements, o Reviewing bonus criteria with department leadership to ensure full understanding of expected outcomes, o Creating or updating custom Excel sheets with advanced functions and calculations to improve efficiencies.
Monthly Close Processes · Reviews the monthly bonus accrual file and collaborates with management to ensure all monthly, quarterly, and yearly accruals needed are booked accurately.
Analyzes data and creates monthly journal entries for VMF and Silverton such as paid time off accruals, salary accruals, TECH accruals, severance accruals, deduction reclasses, Team Share bonus accruals, group bonus accruals, payroll tax and 401K accruals, and advance balance true ups.
Creates a summary and analysis of Silverton medical deductions for reclass to VMF and provides summary details to Silverton Accounting.
Analyzes the Silverton Compensafe advance balance report and trues the receivable balance, ensuring that full audit backup is retained and that all termed team members with outstanding advance have a repayment plan or are written off appropriately.
Training, Development, and Process Documentation · Trains various VMF departments on the use of custom-built bonus submission templates.
Participates in development opportunities to continually improve efficiency and accuracy.
Develops other Payroll Reconciliations Accountants by offering training on assigned tasks when applicable.
Creates Payroll Reconciliations team procedures and job aids to provide complete and accurate documentation of department functions.
Builds mutually beneficial relationships with research partners inside and outside of the Accounting department.
Other duties as assigned This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned.

Benefits

Medical and Dental Plan with Prescription Coverage and Vision.
Competitive benefits including 401(K) includes 100% company match of the first 4%.
Paid time off days (PTO), maternity/paternity leave, and holidays.
Community involvement including Volunteer Paid Time Off (VTO).
Tuition Assistance for your first degree
Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant.
Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being.
Collaborative and energetic work environment.
Professional development and promotional opportunities.
Competitive bonus programs.