PGIM Real Estate-Senior Accounting Specialist
About The Position
PGIM Real Estate’s Loan Servicing business is seeking an Accountant to join its Agency Accounting Team. The role prepares accounting entries for Agency mortgage loans throughout their life cycle, maintains related cash logs, and supports mortgage servicing rights accounting, analytics, account reconciliations, loan fee accounting, debt tracking, and policies and procedures. The position is based in the Dallas, Texas office under a hybrid work structure, with employees expected to work in the office three times per week. The ideal candidate takes ownership of their work, collaborates effectively, and drives positive business outcomes in a fast-paced environment.
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.
- Strong interpersonal, communication, and partnering skills.
- Willingness to work extended hours and support other internal groups as needed.
- Exceptional Microsoft Office skills, including Excel and Word.
- Ability to multitask, self-motivate, and prioritize work effectively in a fast-paced environment.
- Enjoyment of 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 of 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 confirm the correct interest rate and principal are used in journal entries.
- Develop business understanding to perform analytics, including Revenue Schedules and Goal Posts.
- Prepare Balance Sheet reconciliations and identify and implement efficiencies in support of 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, ad hoc basis.
- Support accounting for Mortgage Servicing Rights, debt used to fund loans, and other related accounting responsibilities.
- Create robust policies and procedures.
Benefits
- Market-competitive base salary 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 personal wellbeing purchases.
- Work/Life Resources covering topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
- Education Benefit for approved degree programs and accredited certificate programs.
- Employee Stock Purchase Plan, with shares available at 85% of the lower of the beginning or ending purchase-period price.
- Eligibility to participate in a discretionary annual incentive program, subject to program rules and applicable performance factors.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
