PGIM Real Estate-Senior Accounting Specialist
About The Position
PGIM Real Estate Loan Servicing is seeking an Accountant to join its Agency Accounting Team. The role prepares Agency mortgage loan journal entries across the loan life cycle—including borrower deposits, rate locks, funding, and loan settlement—and maintains related cash logs. Additional work includes Mortgage Servicing Rights accounting, revenue schedules and “Goal Posts” analytics, PASS account reconciliations, loan fee accounting, tracking debt used to fund loans, and developing robust policies and procedures. The ideal candidate is collaborative, proactive, accountable, and comfortable in a fast-paced, challenging environment. This position is based in the Dallas, Texas office and follows a hybrid work structure, with employees expected to work from the office three times per week.
Requirements
- Bachelor’s degree.
- At least 2 years of relevant accounting experience.
- Solid understanding of GAAP accounting principles.
- Strong accounting, research, and analytical skills.
- Ability to drive process improvement.
- Strong technical skills, including advanced knowledge of Excel.
- Exceptional Microsoft Office skills, including Excel and Word.
- Strong interpersonal, communication, and partnering skills.
- Willingness to work extended hours and support other internal groups as needed.
- Ability to multitask, self-motivate, and prioritize work effectively in a fast-paced environment.
- Enjoys problem-solving and collaborating in a team environment.
Nice To Haves
- Public accounting firm experience.
- CPA or MBA.
- Experience in commercial real estate, financial services, or asset management.
- Real estate industry knowledge, including debt and equity terms and their financial application.
- Experience with SQL Oracle GL systems.
Responsibilities
- Prepare Agency cash logs and corresponding journal entries.
- Prepare bank account reconciliations.
- Prepare closing wires and reconcile borrower deposits through Loan Fee Accounting.
- Prepare mortgage loan accounting entries and maintain Agency Mortgage Loan Master Files tracking loans at rate lock, funding, and settlement.
- Review mortgage loan agreements to verify the correct interest rate and principal for journal entries.
- Develop an understanding of the business to perform analytics, including Revenue Schedules and Goal Posts.
- Prepare Balance Sheet reconciliations and identify and implement account reconciliation efficiencies to support proper PASS account sign-off.
- Partner with Investor Reporting, Investor Operations, Servicing, Asset Management, Portfolio Management, Controllers, Financial Reporting, and IT to support effective communication across the platform.
- Prepare analytical reports and support special projects on an as-needed or ad hoc basis.
- Account for Mortgage Servicing Rights, loan fees, and debt used to fund loans, and help create policies and procedures.
Benefits
- Market-competitive base salaries and yearly bonus potential.
- Medical, dental, vision, life, and disability insurance.
- Paid Time Off and leaves of absence, including parental and military leave.
- 401(k) plan with company match up to 4%.
- Company-funded pension plan.
- Wellness Programs, including up to $1,600 per year in reimbursement for eligible personal wellbeing purchases.
- Work/Life Resources for parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
- Education Benefit to help finance approved traditional college enrollment and accredited certificate programs.
- Employee Stock Purchase Plan, allowing shares to be purchased at 85% of the lower of two prices at the beginning or end of the purchase period.
- Possible eligibility for a discretionary annual incentive program.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
