Associate - Accounting

Job Description

Account Reconciliation and Investor Reporting (ARIR) process is responsible for reconciliation of various Demand Deposit accounts, General Ledger accounts and Zero balance accounts in Commercial Mortgage servicing, it also includes the review of customer financials and maintenance, Preparation of Investor reports, preparation of operational financial data for reporting. This process involves in reconciling remittance amounts and sending the wires to Trust per the PSA timelines. Responsibilities: Perform operational accounting activities related to account reconciliation and maintenance. Provide operational accounting support to internal business groups or operations departments to ensure that accounts are being managed within the account policy requirements. Prepare and review account reconciliations and certifications. Perform customer account maintenance duties. Evaluate the operational accounting transactions and maintenance of operational accounting controls. Prepare Critical Investor reports for Final customer use. Reconcile funds to remit to Trust basing on borrower payments. Prepare and reconcile Advance reports and recons for regulatory purpose. Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals. Required Qualifications: 1 year+ months of operational accounting experience, cash management, payment posting, transfer of payment, reconciliation or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education. Strong verbal and written communication skills. Demonstrated capacity to achieve results in a fast-paced, high-volume, and dynamic setting. Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands. Strong work ethic and a sense of urgency. Skilled in managing sensitive information while upholding privacy. Handling workload and special projects efficiently. Ability to work both independently and within a team environment. Exhibits detail-oriented skills to ensure zero/near ops loss situations. Demonstrates/maintains professional conduct under all circumstances. Flexibility to work in shifts and ensure timely completion of deliverables. Desired Qualifications: Knowledge and experience in Commercial Mortgage Servicing including Investor Reporting to Trust, Remittance and Reconciliation of funds. Ability to interpret and understand the Loan documents, Loan Servicing Agreements and language pertaining to the requirements for Sub Servicing Agreements and Pooling Servicing Agreements. Good knowledge of Sub Servicing reporting, reserve reporting, delinquency reporting, Collections account statement reporting and Watch list reporting. Ability to review loan agreements, manage inventory and continuously coordinate with special servicers. Ability to multi-task working on multiple sub-queues / activities within the process