Financial Analyst
4 days ago
Job Summary
We are seeking a highly skilled Financial Analyst to join our team at FinacPlus, where you will be responsible for providing accounting support to a Private Hard Money Lender from the US Mortgage Finance industry.
About the Role
- Coordinate bank payments and receipts, wire instructions, and bank reconciliation statements, cash management, and all other treasury transactions.
- Ensure timely and accurate recording of journal entries in accordance with US accounting rules and company accounting policies in Accounting Software Applications.
- Maintain accuracy and completeness of financial records, including loan servicing system entries.
- Perform daily reconciliations of cash movements between banking records, loan records, and general ledger.
- Reconcile key balance sheet accounts on a monthly basis to ensure alignment between external records and general ledger, including loan inventory.
- Prepare critical calculations and journal entries to support the Company's loan accounting records, including loan payoffs, interest income, principal/discount amortization, and diligence fee amortization.
- Collaborate with team members across the Company, including Treasury and Asset Management.
- Support the annual audit and quality review activities of external auditors.
Requirements
- A minimum of 3-5 years of experience in US Mortgage accounting and bank reconciliation area.
- Advanced Excel skills, including pivot tables, vlookups, hlookups, macros, etc.
- Excellent oral and written communication skills, including presentations to senior management.
- Bachelor's Degree in Finance, MBA, CFA, or other post-grad degree a plus.
- Real estate, mortgage banking, or asset management industry experience preferred.
Skills and Qualifications
- Strong finance and accounting skills, application of financial policies of the company.
- Compliance with US legal regulatory requirements related to client's mortgage business.
- Customer accounts reconciliation and reporting, implementation of strong accounting controls.
- Advanced Excel customization skills, report envisaging and presentation skills.
Salary and Benefits
The estimated salary range for this position is $80,000 - $110,000 per annum, based on location and industry standards. Additionally, we offer a comprehensive benefits package, including health insurance, retirement plan, and paid time off.
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