Treasury Specialist, Construction Accounting

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

📋 Description

• Prepare initial closing workbooks and imports for loan funding via Encompass (Construction products).

• Fund loans through a warehouse line and update Encompass as necessary.

• Collaborate with the Construction group and other departments on ad hoc requests such as payoffs, TCB draws, and modifications.

• Compile margin call reports for quarterly NMLS reporting.

• Generate monthly borrower billing statements for Construction and Builder loans.

• Reconcile loan advances related to the Reverse product.

• Prepare journal entries for the Reverse product, including Reverse securitization entries.

• Review wire activity processed in batches for accuracy and ensure amounts are correctly recorded and reconciled.

• Reconcile accounts and confirm that entries are clearing promptly and in accordance with established procedures and guidelines.

• Conduct multiple account reconciliations alongside daily bank reconciliations.

• Execute and thoroughly investigate monthly reconciliations.

• Prepare and post journal entries to the General Ledger through LoanVision.

• Process deposits for corporate checks and record them appropriately.

• Strive to enhance team efficiency by suggesting process improvements.

• Cross-train in other Treasury functions and serve as a backup when necessary.

• Carry out additional tasks as assigned, including short- and long-term projects.

⛳️ Requirements

• A Bachelor's Degree related to the position or equivalent experience is required.

• At least two years of experience in accounting or finance roles.

• Mortgage banking experience, particularly in construction accounting, is preferred.

• Familiarity with accounting principles, including debits and credits, reconciliations, balance sheets, and income statements.

• A general understanding of mortgage process rules, regulations, policies, and ethical standards regarding wire transfers.

• Highly organized and detail-oriented; ability to work efficiently in a fast-paced, deadline-driven environment is essential.

• Capability to analyze situations and determine the best course of action for issue resolution.

• High proficiency in data entry, Microsoft Word, and Outlook.

• Intermediate knowledge of Excel, including the ability to create formulas and use VLOOKUP.

• 10-key proficiency by touch is preferred.

• Prior experience with document retention software; AIQ experience is preferred.

• Excellent verbal and written communication skills are required.

• Strong commitment to organizational values.

• Customer Service - Proactive attention to each individual.

• Integrity - Upholding ethical standards in actions and words.

• Respect - Treating others with dignity.

• Collaboration - Listening and cooperating with others.

• Learning - Pursuing knowledge and striving for improvement.

• Excellence - Exceeding expectations in performance.

🏝️ Benefits

• Medical

• Dental

• Vision

• Life insurance

• AD&D

• LTD

• 401(k) with employer match