Accountant: I (Junior)

Job Description

Accountant I

Immediate opening for Accountant to work 3 days on site in Columbus OH and 2 days remote.

Under the supervision and guidance of the Mortgage Investor Reporting Manager the Accountant I will be responsible for reporting and remitting principal and interest collections to investors and reconciling custodial accounts on their behalf.

The Accountant I as a seasoned employee performs the more complex aspects of reporting remitting and reconciling with assistance from the Mortgage Investor Reporting Manager.

Frequent changes within the industry require the Accountant I to understand and comply with new reporting requirements.

An Accountant I is expected to be capable of performing any work for any investor FHLMC/FNMA/GNMA

The Accountant I works with less seasoned employees under the guidance of their manager to cross train them as needed on all types of investors while also specializing in one of the larger GSE investors FHLMC/FNMA/GNMA.

The duties of the Accountant I include:

Review research and resolve variances in Investor Reporting utilizing internal and external systems and reports.

Respond to investor inquiries regarding reporting or remittance differences escalating inquiries when required.

Aggregate loan activity from various sources into summary remittance reports.

Accurately remit calculated funds due to investors within specified time frames.

Reconcile all loans daily per Investors to ensure data integrity of the loan portfolio.

Work with Investor Accounting to clear outstanding reconciling items in custodial accounts by performing monthly custodial account reconciliations balancing cash received to the expectations of the investor.

Motivated self-starter with a proven ability to multi-task.

Remain up to date on Investor Requirements.

Handles internal/external problems/exceptions while actively seeking out ways to improve and fix broken processes.

Assists with responses to regulatory examinations and audits including information gathering and analysis of the data.

Basic Qualifications for the Accountant I:

3 or more years of computer experience including MS Excel experience utilizing the following functions: V-Lookup H-Lookup Concatenating formulas Conditional Formatting and Pivot Tables.

Experience with general accepted accounting principles.

1 or more years’ experience in Financial Services Industry

Associate or Bachelors degree

Good organization and problem-solving skills.

Experience with at least one larger Government Sponsored Entity i.e. FHLMC/FNMA/GNMA in Investor ReportingReporting, Microsoft Excel, Procedures, Research, Cash Activity, Review, Supervising, Auditing, Collection Processes, Account Reconciliation, Loan Administration, Loan Origination, Funds, Variance Analysis, Financial Services, GAAP Accounting, Entity Formation, Mortgage Banking, Pivot Table, Data Integrity, VLOOKUP, Corporate Office, Time Frames, Remittance, Reporting Requirements