Senior VP Accounting

Pennymac•Westlake Village, CA

25d•Onsite

About The Position

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. Job Overview The role encompasses accounting functions for two public companies. A Typical Day The Senior Vice President Accounting will be responsible for oversight of all mortgage banking activities including nonrecurring and complex transactions. SVP will assure that all transactions are properly recorded, documented and reported. The SVP will collaborate with business units, accounting technology team as well as accounting policy and sox teams to ensure all transactions are recorded according to US GAAP. The role will manage, mentor and coach a team of accountants at various levels and be responsible for training and career development related to the team. Our ideal candidate will be someone who seeks a dynamic environment and who can roll up their sleeves and be actively involved in accounting processes at a detailed level. The Senior Vice President Accounting will: Oversee various divisional corporate accounting processes performed daily and during month end close. Areas of focus include mortgage banking activities and financing structures Coordinate and ensure high quality and timeliness in the close process and ensuing reporting Document new transactions and develop operational procedures to ensure accuracy and consistency Bring expertise in US GAAP and financial reporting Develop, implement, and monitor internal control policies and procedures Collaborate with personnel inside and outside the Accounting and Finance function to evaluate and improve processes, resolve issues and increase efficiency Support internal and external audit requests, staying current with evolving accounting standards and available technology and core applications. Manage and mentor the team, fostering collaboration across departments and developing team members (includes hiring, training and retaining talent) Lead or participate in special projects related to system transformation, new transactions, products and strategic initiatives, as needed Prepare ad hoc reporting as requested by management Demonstrate behaviors which are aligned with the organization’s desired culture and values

Requirements

Bachelor’s and/or advanced degree in Accounting
Public accounting experience is a must
12+ years of professional accounting experience in a comparable role required with at least 5+years in a leadership position and experience managing SOX and financial audits
Financial Services in particular banking or mortgage industry experience preferred
Aptitude for finance transformation and process improvements, driven by automation and AI
Excellent communication (written and verbal) and interpersonal skills
Demonstrated ability to lead and manage a team in a fast paced, demanding, and high transaction volume environment with emphasis on accuracy and timeliness
Ability to communicate effectively with both internal and external stakeholders
Strong analytical and multi-tasking skills
Detail oriented and highly organized
Strong analytical skills with ability to distill complex data into recommended actions
Highly organized with strong attention to detail and ability to manage multiple priorities and thrive in a fast-paced environment
Technology savvy including extensive experience with ERP systems

Nice To Haves

Active CPA is a plus
Financial Services in particular banking or mortgage industry experience preferred

Responsibilities

Oversee various divisional corporate accounting processes performed daily and during month end close. Areas of focus include mortgage banking activities and financing structures
Coordinate and ensure high quality and timeliness in the close process and ensuing reporting
Document new transactions and develop operational procedures to ensure accuracy and consistency
Bring expertise in US GAAP and financial reporting
Develop, implement, and monitor internal control policies and procedures
Collaborate with personnel inside and outside the Accounting and Finance function to evaluate and improve processes, resolve issues and increase efficiency
Support internal and external audit requests, staying current with evolving accounting standards and available technology and core applications.
Manage and mentor the team, fostering collaboration across departments and developing team members (includes hiring, training and retaining talent)
Lead or participate in special projects related to system transformation, new transactions, products and strategic initiatives, as needed
Prepare ad hoc reporting as requested by management
Demonstrate behaviors which are aligned with the organization’s desired culture and values

Benefits

Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

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