Assistant Controller

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee daily accounting functions, such as general ledger management, journal entries, accruals, account reconciliations, accounts payable, and accounts receivable.

• Facilitate month-end, quarter-end, and year-end closing processes.

• Prepare and assess financial statements, balance sheets, income statements, cash flow schedules, and related documentation.

• Examine general ledger activities, identify inconsistencies, and ensure proper transaction classification.

• Enhance accounting precision, efficiency, and closing timeframes.

• Assist with financial reporting packages, variance analyses, and special accounting initiatives.

• Supervise mortgage-specific accounting related to loan funding, loan sales, gain-on-sale recognition, investor settlements, and servicing transactions.

• Review warehouse line reconciliations and align loan-level transactions across mortgage systems, warehouse facilities, bank records, and the general ledger.

• Investigate and resolve issues related to loan funding, investor payments, cash transactions, and mortgage accounting activities.

• Collaborate with Treasury, Capital Markets, Secondary Marketing, Operations, FP&A, Finance leadership, and other departments.

• Uphold accounting policies, procedures, internal controls, and financial documentation.

• Prepare schedules for audits, workpapers, reconciliations, and documentation for both internal and external audits.

• Assist with investor reviews, warehouse lender reporting, and regulatory financial examinations.

• Ensure adherence to GAAP, company policies, and relevant mortgage banking regulations.

• Conduct financial analyses, budget-to-actual comparisons, expense reporting, profitability analysis, and variance explanations.

• Aid in forecasting, budgeting, operational financial reporting, dashboards, and reporting tools.

• Offer guidance, training, and daily support to accounting team members.

• Review workpapers, reconciliations, and journal entries for accuracy and completeness.

• Optimize processes, minimize manual tasks, and implement accounting technology, automation, and AI-driven tools.

• Promote continuous improvement and professional growth within the accounting team.

⛳️ Requirements

• 6+ years of progressive accounting or finance experience, ideally within mortgage banking, wholesale lending, correspondent lending, Non-QM, or financial services.

• Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.

• Previous experience as an Assistant Controller, Accounting Manager, Senior Accountant with supervisory duties, or a similar accounting leadership position.

• Strong knowledge of GAAP, general ledger accounting, financial reporting, accruals, and balance sheet reconciliations.

• Experience in preparing or reviewing financial statements and facilitating monthly, quarterly, and annual closing processes.

• Understanding of mortgage banking accounting, including warehouse lines, loan funding, loan sales, gain-on-sale accounting, investor settlements, and related reconciliations.

• Experience in supporting internal and external audits and maintaining accounting policies and controls.

• Advanced Excel skills and proficiency with accounting and financial reporting systems.

• Strong analytical and problem-solving skills, with the capability to research and resolve complex accounting discrepancies.

• Excellent organizational abilities and the capacity to manage competing deadlines in a dynamic environment.

• Strong communication skills and the ability to collaborate effectively across departments.

• Experience in mentoring, training, or supervising accounting staff.

• CPA designation or MBA preferred, but not mandatory.

• Direct experience in mortgage banking, wholesale lending, or correspondent lending accounting.

• Familiarity with Non-QM, DSCR, Agency, Jumbo, HELOC, Second Lien, or investor lending products.

• Experience with Loan Vision or similar mortgage accounting systems, loan origination systems, ERP platforms, and warehouse reporting portals.

• Experience in servicing accounting, investor reporting, EPP activities, and loan-level reconciliations.

• Prior public accounting or audit experience.

• Experience in implementing accounting process enhancements, automation, and AI-driven financial tools.

• Exposure to financial modeling, profitability reporting, budgeting, forecasting, and operational financial analyses.

🏝️ Benefits

• Competitive compensation.

• 401(k) matching program.

• Medical, dental, and vision coverage.

• Flexible remote work environment.