Accountant IV

Description

Accountant IV will be primarily responsible for overseeing the development and execution of special projects and processes within the department. It is critical that the person in this role be able to work independently with minimal guidance. This person will have ownership over various tasks related to private investor reporting and remitting, research and preparation of loan repurchases as well as new initiatives that occur at the Bank. Many of the processes are time sensitive based on investor guidelines and agency requirements so it is critical that solid procedures and appropriate business continuity are present.

About Servbank:

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.

What you will do

• Post journal entries related to revenue recognition, cash movement, customer receivables/payables
• Analyze and perform daily and monthly reconciliations for both bank and General Ledger accounts
• Assist with research and review of monthly bank and General Ledger reconciliations associated
• with, but not limited to, private investors and the repurchase process
• Complete monthly reporting and remitting for private investors
• Research questions on reporting/remitting to clients and private investors
• Work with the accounting team on daily repurchase tasks for loans sold to investors (GNMA, FNMA, FHLMC)
• Serve as back-up/support on investor reporting (private investors) and repurchase preparation/communication when needed
• Research reconciling items involving repurchased loans, communicate them to the appropriate lines of business, and follow up/escalate as needed to ensure timely resolution
• Work with various lines of business on recurring reconciling items or process gaps to identify root cause and resolve
• Analyze Servicing Accounting policies and procedures to identify areas of opportunity for improvement/streamlining
• Collaborate with various lines of business to develop procedures that rely on interdepartmental coordination/cooperation
• Research and resolve any Servicing Accounting related escalations
• Assist with preparing audit deliverables for the private investor portfolios

Requirements

• Minimum 2 years mortgage servicing experience
• Minimum 5 years accounting experience or minimum 5 years relevant experience at a financial institution
• Strong Microsoft Excel skills
• MSP Experience preferred
• Analytical, detail oriented, independent thinker
• Ability to work in a fast-paced environment with the willingness to be flexible and adapt to change

Education

• Bachelor’s Degree in Accounting, Finance, Economics, Math, or another related field or at least 5 years of relevant experience.

EEO Statement:

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.