Senior Accountant

About Us

NewFed Mortgage is a well-established, family-owned mortgage lender with over 20 years of experience helping homebuyers secure financing across 20+ states. Our team is growing, and we are looking for an experienced and meticulous Senior Accountant to join our corporate finance department. This role is an excellent opportunity for a mid-career accounting professional eager to continue to develop their skillset in an exciting industry. 

Duties & Responsibilities

• Participation in Monthly & Annual Close Process
  • Complete daily accounting tasks, maintaining an understanding of accounting best practices
  • Review accounting systems to ensure accurate entries and reporting
  • Review and reconcile funded and purchased loans
  • Review and reconcile revenue for each Branch cost center
  • Prepare journal entries
  • Handle monthly accruals
• Support General Ledger
  • Assist with Chart of Accounts maintenance
  • Conduct revenue and expense account analysis
• Manage Check Request Inbox (for borrower payments)
  • Forward to investor
  • Provide support to the Servicing Team and Sales Team
  • Handle check runs
• Financial Reporting
  • Review and reconcile Branch P&L’s to the supporting production database
  • Create monthly activity reporting per cost center
  • Create monthly Branch financials
  • Conduct month-over-month variance analysis; identify and evaluate large variances, bringing to management areas of concern affecting profitability
  • Complete the following regulatory filings: South Carolina, North Carolina, and MCR
  • Perform ad-hoc research and reporting, as needed
• Support with payables, expense analysis, and accruals
• Assist in audit schedules and requests for quarterly reviews/annual audits
• Other duties/projects as assigned

Supervisory Responsibilities:

• None.

Minimum Skills & Qualifications:

• Bachelor’s degree in Accounting
• Intermediate proficiency with the Microsoft Office Suite, specifically Microsoft Excel
• 3+ years of relevant experience in accounting or financial analysis
• Strong organizational skills, analytical skills, and attention to detail
• Ability to manage multiple projects simultaneously in a fast-paced environment
• Excellent communication skills, both verbal and written
• A proactive team player with the ability to work independently in a remote setting
• Ability to travel to Boston, MA 1-2 times per year for team meetings/company events

Preferred Skills & Qualifications:

• Master’s degree in Accounting
• Advanced proficiency with the Microsoft Office Suite, specifically Microsoft Excel
• 5+ years of relevant experience in accounting or financial analysis
• Prior demonstrated experience thriving in a remote, independent work environment

Physical Requirements:

• Must be able to remain in a stationary position for prolonged periods of time
• Must be able to operate a computer and other office machinery

Benefits:

• Eligible to participate in the following benefits the 1^st of the month following 30 days of employment:
  • Medical, dental, vision, and supplementary insurance plans
  • 401K plan with a company match
• Paid Time Off: Vacation Time, Sick Time, Personal Time, and paid company holidays

Compensation:

• Annual salary of $75,000.00 - $80,000.00, commensurate with background/experience.
• Opportunity for up to an additional 15% in discretionary quarterly bonuses, dependent upon both mutually agreed upon projects and company profitability.  

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements.  Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. NewFed Mortgage is an Equal Opportunity Employer.