Note: The job is a remote job and is open to candidates in USA. Carrington Holding Company, LLC is a holding company specializing in asset management and real estate services. The Senior Accountant for the Servicing Division is responsible for performing general accounting functions, ensuring compliance with GAAP procedures, and assisting with audits and financial reconciliations.
Responsibilities
- Perform daily bank reconciliations and record bank activities in general ledger
- Prepare monthly journal entries and detailed balance sheet account reconciliations, including account receivable, prepaids, accruals and other liability accounts
- Responsible for internal and external wire transfers
- Review, analyze and reconcile balance sheet and income statement accounts for fluctuation at month end close to ensure results are in accordance with US GAAP
- Assists with quarterly and year-end audits
- Maintain financial security by following internal controls and established company policies
- Interact with other departments as necessary to resolve issues
- Performs all other duties as assigned
- Record initial recognition and subsequent fair value adjustments of MSRs
- Perform impairment testing and valuation analysis of MSR assets
- Ensure proper accounting treatment for non-recoverable advances and write-offs
- Record advance-related financing transactions (including securitized advance facilities)
- Reconcile and analyze servicing-related revenue and expense accounts
- Work with Treasury to manage MSR financing facilities (e.g., MSR lines of credit)
- Coordinate with servicing operations to validate advance balances and reimbursements
- Monitor recoverability of advances from investors, guarantors (e.g., Fannie Mae, Freddie Mac, Ginnie Mae), or borrowers)
Skills
- BA/BS degree in Accounting, Finance, or Business or equivalent practical experience
- Three (3) to five (5) years of general accounting/finance experience required
- Intermediate to advanced Microsoft Excel and knowledge of Oracle ERP accounting software preferred
- Excellent interpersonal skills (oral and written) and the ability to communicate effectively
- Must work PST zone hours
- Intermediate to advanced Microsoft Excel and knowledge of Oracle ERP accounting software preferred
- Prefer candidates that live on the West Coast
Benefits
- Annual Bonus
- Comprehensive healthcare plans for you and your family.
- A discretionary 401(k) match of 50% of the first 4% of pay contributed.
- Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
- Customized training programs to help you advance your career.
- Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
- Educational Reimbursement.
- Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.
Company Overview
Carrington Holding Company, LLC is a financial service provider for mortgages, asset management, real estate. It was founded in 2003, and is headquartered in Aliso Viejo, California, USA, with a workforce of 1001-5000 employees. Its website is http://carringtonhc.com/.