Staff Accountant

loanDepot • Irvine, CA

12d • Hybrid

About The Position

The Staff Loan Accountant supports the Loan Accounting team by recording, reconciling and analyzing loan-related transactions. They keep financial reporting accurate and make sure the company follows trust account rules. This role works closely with Operations and Accounting leadership and gives management accurate, timely financial information.

Requirements

• Bachelor's degree in Accounting, Finance or a related field.
• 1–3 years of accounting experience.
• Working knowledge of GAAP and account reconciliations.
• Strong Excel skills, and the ability to learn new accounting systems quickly.
• Detail-oriented and organized, with strong analytical and communication skills.

Nice To Haves

• Mortgage or loan accounting experience is preferred.

Responsibilities

• Review, record and analyze loan accounting transactions, such as loan fundings, payoffs and borrower refunds.
• Maintain loan accounting schedules and support the monthly close, including preparing and posting journal entries to the general ledger.
• Record warehouse line activity, including advances, paydowns and interest.
• Reconcile warehouse balances to lender statements and research and resolve any differences.
• Reconcile balance sheet and trust accounts.
• Research and resolve reconciling items promptly.
• Make sure loan-related activity follows trust account rules, company policies and Generally Accepted Accounting Principles (GAAP).
• Work with Operations so that borrower refunds and other open items are resolved accurately and on time.
• Pull data from the general ledger and related systems to prepare reports and spreadsheet analyses for management.
• Answer accounting and financial questions by researching and interpreting transaction data.
• Find and help put in place process improvements that make the work more efficient and strengthen controls.
• Support audit requests, special projects and other duties as assigned.

Benefits

• Aggressive compensation package based on experience and skill set.
• Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
• Work with other passionate, purposeful, and customer-centric people.
• Extensive internal growth and professional development opportunities including tuition reimbursement.
• Comprehensive benefits package including Medical/Dental/Vision.
• Wellness program to support both mental and physical health.
• Generous paid time off for both exempt and non-exempt positions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level