Senior Accountant – Mortgage Banking Accounting (Closed)

Lucas Group has partnered with a top national mortgage lender, who are looking for a Senior Accountant.  This is a temp-to-perm. The role will be fully remote but will eventually sit in Westlake Village.

Responsibilities:

• Record monthly P&I cash flows, ensuring actual cash agrees with projections
• Calculate and process monthly accretion/amortization accounting entries received from Capital Markets
• Process the monthly interest accrual entries
• Process any other MBS transactions that occur during the month
• Prepare monthly reconciliation of MBS balances to financial records
• Communicate with Treasury to ensure adequate funding of repurchase agreement requirements
• Prepare necessary activity and balance reports for internal and external clients
• Prepare monthly reconciliations of repurchase agreements to financial records
• Calculate monthly interest and margin requirements
• Maintain inventory of loans encumbered by Intercompany repurchase agreements
• Update intercompany repurchase agreements subledger
• Prepare monthly reconciliation of intercompany repurchase agreements to financial records
• Prepare necessary activity and balance reports for internal and external clients
• Process monthly counterparty remittances
• Process periodic repo sales and repurchases
• Prepare monthly reconciliation of loan repurchase agreements to financial records
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

• Perform other related duties as required

Requirements:

• Minimum of 3 years of accounting experience
• Experience with Microsoft Dynamics-GP is highly preferred