Team Lead - US Accounting

About NAF

New American Funding (NAF) is a mortgage lender offering an array of loan options. Established in 2003 and headquartered in Tustin, CA, United States

New American Funding (NAF) - India, is the subsidiary of @New American Funding Inc., one of the largest privately-owned direct mortgage lenders in the US. At NAF - India, technology and process efficiency are the core of our business.

We create technology products that enable seamless digital home loan experience for our buyers/borrowers. Our intelligent servicing platform supports end to end mortgage processing from digital application up to final payment. We also develop CRM, point of sale, and loan origination software products and provide training and technical support.

Our business operations teams provide processing, underwriting, mortgage closing services and ensure homeowners and homebuyers navigate the complex world of mortgages and loans with ease and confidence. NAF - India, is committed to provide exceptional technical and business operations support, using technology as a powerful tool to simplify and improve the home loan experience.

Position Summary

The roles require monitoring the Loan Inbox for and tracking the vendor invoices and requests for fee collections for services provided by NAF US to its borrowers

Responsibilities:

• Lead, mentor and develop a team of mortgage accounting professionals

• Assign daily workflows, monitor performance and ensure adherence to internal controls and timelines

• Provide training on mortgage accounting processes, system enhancements

• Support hiring, onboarding and ongoing performance evaluation

• Oversee loan-level accounting including key income and expenses

• Review and approve GL reconciliations related to loan level P&L

• Ensure compliance with US mortgage regulatory requirements

• Identify opportunities to increase efficiencies, reduce errors and automate manual processes

• Partner with servicing, originations, secondary marketing and treasury teams to resolve issues and align processes

• Review supplemental Wires in AMB

• Reconcile liability account for VA and Non-VA Appraisals

• Manage GSE expected vs actual variances & train team in errors

Key Competencies:

• Bachelor’s degree in Accounting, Finance or Business required.

• Hands-on work experience in Mortgage Accounting or Accounts Payable.

• A working knowledge of consumer loans

• Ability to review and accurately enter invoices into accounting system for payment processing

• Reconciling high volume bank accounts • Must be able to work in work on PST hours.