Mortgage Staff Accountant

First Reliance BankFlorence, SC, USA

6 days ago

Job type

Full-time

Quick Apply

Job description

Job Type

Full-time

Qualifications

Bachelors degree and two to five years of accounting experience

Full Job Description

Job Title : Mortgage Staff Accountant

Division : Finance

Location : Columbia or Florence SC

Position Summary :

This role is responsible for the daily mortgage transaction journal entries, reconciling general ledger and analyzing financial accounts insuring accurate processing and posting of all account entries. Documents all transaction and general ledger adjustments. Interacts with mortgage, accounting and finance associates to ensure compliance with established accounting procedures .

Direct Reports : None

Core Responsibilities :

Daily Journal Entries, Reconcilements and Monitoring 40%

Prepare daily mortgage transaction journal entries.
Reconcile mortgage loans in process, held for sale accounts, receivable accounts and clearing accounts.
Monitor reconciliations for outstanding items and research / clear items in a timely manner.
Wire customer payments to our servicer Dovenmuehle Mortgage (DMI).
Wire customer payoffs to our servicer DMI.

Monthly Reconcilements and Monitoring 20%

Mortgage gain on sale analysis

Record Portfolio Principal and Interest

Calculate and prepare entries for Mortgage Cost of Funds

Reconcile assigned monthly reconciliations in a timely manner

Prepare Right Of Use entries

Record DMI Invoice

Analyze and report budget expense variances for the CFO

Quarterly Reconcilements and Monitoring 20%

Reconcile Goodwill account

Reconcile Mortgage Servicing Fee Receivable account

Annual Responsibilities 20%

Assist with yearend accounting reviews and clearing exceptions

Ensure all assigned GL accounts are balanced prior to year end

Ensure all Prepaid, CIPs, Project Billings and AEP are reviewed and AEP set up prior to year end.

Role Specific Competencies

Adaptability / Flexibility

Adapts to change, is open to new ideas, takes on new responsibilities, handles pressure, adjusts plans to meet changing needs.

Creativity / Innovation

Generates new ideas, challenges the status quo, takes risks, supports change, encourages innovation, solves problems creatively.

Managing Technology

Has an awareness of, researches and adopts effective technologies that improve the bottom line, works well with tech resources.

Minimum Requirements :

Bachelors degree and two to five years of accounting experience

Strong problem solving skills

Excellent computer skills especially spread sheet analysis

Strong attention to details

Good interpersonal and written communication skills

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Staff Accountant • Florence, SC, USA