Senior Loan Accountant POST NUMBER: 458856

Position Overview

The Senior Loan Accountant plays a key role in managing the accounting and financial reporting for the company’s mortgage loan portfolio. This position ensures the accuracy of loan-level data, general ledger postings, and reconciliations while maintaining compliance with GAAP and regulatory requirements. The ideal candidate has a strong background in mortgage accounting, loan servicing, and secondary market transactions, with the ability to work collaboratively across departments such as Loan Servicing, Secondary Marketing, and Treasury.

Key Responsibilities

Loan Accounting & General Ledger

• Record and reconcile all mortgage loan transactions including funding, sales, servicing transfers, payoffs, and investor remittances.

• Maintain accurate loan-level accounting in the general ledger and sub-ledger systems.

• Review and reconcile loan balances, escrows, advances, and investor accounts on a monthly basis.

• Ensure appropriate recognition of loan origination fees, premiums/discounts, and servicing assets or liabilities in accordance with GAAP.

Financial Reporting & Analysis

• Assist with month-end close activities, including journal entries, account reconciliations, and variance analysis.

• Prepare loan portfolio reports, pipeline summaries, and gain/loss analyses for management and external auditors.

• Support preparation of financial statements and disclosures related to mortgage loans and servicing rights.

Operational & Compliance Support

• Collaborate with Loan Operations, Secondary Marketing, and Servicing to resolve loan-level discrepancies.

• Ensure compliance with investor, regulatory, and company accounting policies.

• Assist with audit requests and examinations (internal, external, and regulatory).

• Participate in system enhancements, process improvements, and automation initiatives.

Qualifications

• Education: Bachelor’s degree in Accounting, Finance, or related field required; CPA or progress toward CPA preferred.

• Experience:

• 4 years of progressive accounting experience, with at least 2 years in the mortgage banking or financial services industry.

• Strong understanding of loan accounting , servicing , and secondary market transactions .

• Experience with Oracle Fusion highly preferred or other large ERP systems.

• Technical Skills: Proficient in Excel and accounting systems; knowledge of GAAP and mortgage accounting principles.

• Soft Skills: Strong analytical and problem-solving skills, attention to detail, and ability to work under deadlines in a fast-paced environment.

  Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.