Sr Advance & Expense Management Analyst (On-site)

Newrez LLC•Coppell, TX

2d•Onsite

About The Position

The Sr Advance & Expense Management Analyst oversees company expenses and advances to ensure alignment with budgetary and financial objectives. The role tracks, reconciles, and reports expenses; ensures compliance with Generally Accepted Accounting Principles (GAAP); maintains accurate financial records; prepares and reviews financial reports; analyzes account balances; and resolves discrepancies. The analyst serves as a mentor and leader for junior analysts and as a subject matter expert for complex issues, solving problems with minimal supervision. The position reviews financial statements for potential risks and cost-saving opportunities, develops expense-management controls, and leads process improvements, including technology and automation initiatives. It also maintains the accuracy and integrity of the general ledger in relation to the servicing system, coordinates with business units to monitor advances, and manages the Freddie Advance Management Program advance process for monthly reimbursement and transfer. Additional duties may be assigned or modified by management. Employees must have a smartphone that meets company security standards and can install applications such as Microsoft Authenticator; employment is contingent on meeting this requirement.

Requirements

Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
At least 5 years of corporate finance experience.
At least 5 years of mortgage servicing experience.
Strong analytical and problem-solving skills, including the ability to interpret complex data and make data-driven decisions.
Excellent communication and interpersonal skills, with the ability to interact effectively across all levels of the organization.
Excellent time-management skills and ability to meet multiple deadlines with minimal supervision.
Experience with Structured Query Language (SQL).
Proficient knowledge of Microsoft Outlook, Word, and Excel.
Have a smartphone that meets company security standards and can install apps such as Microsoft Authenticator.

Responsibilities

Review and analyze financial statements to identify potential company risks and propose cost-saving strategies to senior leadership.
Identify and mitigate expense-management risks by implementing appropriate controls and safeguards.
Lead initiatives to improve the efficiency and effectiveness of expense-management processes, including through technology and automation.
Prepare detailed reports and presentations for senior management, providing data-based insights and recommendations.
Lead and mentor junior expense-management analysts and foster continuous improvement and professional development.
Maintain the accuracy and integrity of the company's general ledger to the servicing system.
Coordinate with business units and monitor advance activity to prevent ageing advances.
Manage the Freddie Advance Management Program advance process for monthly reimbursement and transfer of advances.
Perform related duties as assigned by management.