Staff Accountant

HomeXpress Mortgage Corp•Santa Ana, CA

29d

About The Position

The Staff Accountant is responsible for supporting the accounting and financial reporting processes associated with mortgage loan origination and loan sale activities. This role focuses on loan-level accounting, gain-on-sale accounting, and reconciliation of mortgage banking activity, including loans held for sale, warehouse borrowings, and investor settlements. The position requires extensive use of Excel-based loan-level analysis to prepare journal entries, perform reconciliations, and support the month-end close process. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to reconcile large volumes of transactional data to the general ledger.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
1–3 years of accounting experience, preferably in:
Mortgage banking
Financial services
Loan accounting or loan operations
Experience working with loan-level transactional data preferred.
General Microsoft Excel proficiency required, including:
Pivot tables
VLOOKUP / XLOOKUP
Data reconciliation techniques
Experience with general ledger or ERP systems.
Strong attention to detail and analytical ability
Ability to work with large datasets and complex reconciliations
Strong organizational and documentation skills
Ability to meet deadlines in a fast-paced mortgage banking environment
Effective communication and collaboration skills

Nice To Haves

Familiarity with loan origination systems (LOS) or mortgage servicing systems is a plus.

Responsibilities

Daily recording of loan-level activity, including fundings, sales, and payoffs.
Reconcile loan-level data from the loan origination system (LOS) to accounting records.
Investigate and resolve discrepancies between loan-level activity and general ledger balances.
Develop and record estimated interest accruals.
Record journal entries associated with origination fees and costs
Record journal entries related to loan sale proceeds, gain-on-sale recognition, and fair value adjustments to loans held for sale.
Record and reconcile activity related to warehouse lines of credit, including loan fundings, paydowns, and interest.
Reconcile warehouse line balances to lender statements and internal loan funding records.
Assist with tracking loan funding activity and ensuring accurate accounting for warehouse borrowings.
Analyze large loan-level datasets using advanced Excel tools such as pivot tables, lookups, and structured data analysis.
Maintain detailed Excel reconciliation workbooks supporting accounting balances.
Ensure traceability between loan-level system data, supporting schedules, and the general ledger.
Support the monthly and quarterly close process by preparing journal entries, reconciliations, and supporting schedules.
Prepare and maintain account reconciliations.
Provide variance analysis and explanations related to assigned accounts.
Prepare workpapers and supporting documentation for internal and external audits.
Assist in responding to audit requests related to mortgage loan accounting activity.
Maintain organized documentation supporting accounting conclusions and journal entries.