Investor Accounting Analyst II – Internal Accounting

Investor Accounting Analyst II – Internal Accounting

Requirements

• Strong knowledge of Borrower Ownership structures
• B.S. in Accounting, Finance or related business field and/or comparable experience or 5 years relevant job experience in banking/account/commercial mortgage servicing
• Excellent written/verbal communication skills, as well as a high degree of analytical skills
• Excellent organizational skills, with ability to efficiently handle multiple tasks and deadlines
• Demonstrated organization, prioritization/detail-orientation skills
• Demonstrated ability to work independently with minimal supervision.

Responsibilities

• Daily processing of book transfers, ACH’s and wire transfers from RECWeb Work log for various departments under multiple deadlines and constraints.
• Daily processing of internal money movements associated with voided checks, payment reversals and other like activity of the servicing portfolio.
• Pre-Authorized Transfer (PAT) setup and ongoing maintenance related to payment activity.
• Assist in the timely processing and funding of New Loans while working closely with closers to ensure funds are processed accurately.
• Daily balancing activity to ensure cash and system processing equal prior to day end cycling.
• Manage interaction with Corporate Accounting on issues concerning the General Ledger.
• Daily balancing of all incoming receipt accounts to ensure proper resolution of unidentified recon items. Escalate stale recon items timely for resolution.
• Daily balancing of all outgoing disbursement accounts to insure proper resolution of unidentified recon items. Escalate stale recon items timely for resolution.
• Daily balancing of other clearing accounts, including NSF Account, CoreLogic/SLK Account, Cash Management Clearing, RESI Flood, and others as required.
• Daily, weekly and monthly reconciliations of various collection, escrow and reserve accounts.
• Daily monitoring of outstanding check register, clearing stale dated checks in a timely fashion.
• Interact with Corporate Accounting on issues concerning the General Ledger.
• Review legal agreements to identify intended role and establishment of bank accounts per project.
• Process daily, weekly and monthly reconciliations of various energy bank accounts.
• Process monthly, quarterly and “upon request” withdrawal requests per project via the RECWeb Work log process.
• Provide quality and timely responses to all Internal Accounting customers (senior management, account managers, lenders, legal counsel, external banks, borrowers, title companies, etc.)

Preferred Qualifications

• Experience in commercial mortgage loan accounting
• Experience in Banking
• Minimum 1+ years’ experience in commercial mortgage real estate lending
• Experience in understanding various legal documents associated with commercial loans
• Efficient in the use of word processing, spreadsheet and email software, such as Microsoft Word, Excel and Outlook
• Team oriented and flexible
• Analyze issues and seek to improve and simplify work processes