Staff Accountant
About The Position
The Staff Accountant plays a key role in supporting accounting and financial reporting processes for mortgage loan origination, interim servicing, and loan sale activities. Responsibilities include journal entries and reconciliations for loan-level accounting and gain-on-sale recognition as well as general support of the close process. This is not a typical Staff Accountant role. It’s an opportunity for someone who is eager to learn, wants to take on new challenges, and wants to gain exposure to high-impact initiatives early in their career. With our recent acquisition by a public company, this position offers hands-on experience with public company reporting and structure, including involvement in 10-K and 10-Q processes. This role will also provide direct exposure to the first-year implementation of SOX compliance, offering invaluable experience in internal controls. Additionally, the team will be rolling out FloQast, giving the candidate the opportunity to build future-ready skills in close automation and AI-driven accounting tools. The ideal candidate demonstrates strong analytical skills, precision, and the ability to manage and reconcile large, complex datasets.
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 and take ownership of assigned responsibilities
- Effective communication and collaboration skills
Nice To Haves
- Familiarity with loan origination systems (LOS) or mortgage servicing systems is a plus.
Responsibilities
- Record daily 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.
- Prepare and record estimated interest accruals.
- Record journal entries associated with: Origination fees and costs Loan sale proceeds, gain-on-sale recognition, and fair value adjustments for 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 functions (e.g., pivot tables, XLOOKUP, VLOOKUP).
- Ensure traceability between loan-level system data, supporting schedules, and the general ledger.
- Support monthly and quarterly close processes, including 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.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
101-250 employees
