Vanderbilt Mortgage and Finance, Inc is a national housing lender specializing in financing manufactured and modular homes. The Staff Accountant Investor Reporting is responsible for preparing monthly accounting reports, maintaining relationships with investors, and supporting the department through reconciliations and special projects.
Responsibilities
- Completes all monthly close task items in compliance with the appropriate Pooling and Servicing Agreement or governmental regulations for assigned investor; this includes rolling files, compiling data, running queries, updating reports, inputting close journal vouchers, updating models, and identifying, researching, and resolving reconciliation variances with assistance from senior team members
- Inputs monthly close journal vouchers to ensure accurate accounting for financial statement items such as service fees, recovery income, investor remittance payables, and reimbursable expenses
- Completes monthly reconciliations associated with assigned investor to ensure accuracy and timely variance resolution; these may include reconciliations of principal balance, scheduled principal balance, cash available, cash to bank balances, payable to bank balances, legal expenses, repossession expenses, late fees, partial payments, acquired service charges, recovery income, and other miscellaneous reconciliations as assigned or as necessary
- Performs reconciliations within the Account Reconciliation Cloud Service (ARCS) application when applicable to ensure compliance with enterprise-wide modernization efforts
- Performs first peer review of other investor files to ensure accuracy, compliance with Pooling and Servicing Agreement or governmental regulations, department policies, and appropriate investor remittance
- Saves and distributes monthly investor reports in accordance with department policies and applicable Pooling and Servicing Agreement or governmental guidance
- Completes review of assigned investor policies and procedures, and job aides monthly to ensure continued compliance and business continuity
- Completes department and investor specific daily reconciliations as assigned; this may include payable reconciliation, Principal & Interest reconciliation, Taxes & Insurance reconciliation, repossession sales reconciliation, trial balance reconciliation, and recapture reconciliation
- Completes department and investor specific weekly tasks and reconciliations; this may include repurchase processing, Checks and Wires application preparation to be supplied to Accounts Receivable for processing, Account Reconciliation Cloud Service application reconciliation reviews, new creditor letter audits and manual letter tracking
- Handles investor inquiries received via email as needed
- Attends weekly department meetings to ensure department coverage and current work focus is achieved
- Completes or assists on department projects as assigned by management on an as needed basis
- Assists with compiling data for department Asset Backed Securities variance encyclopedia
- Completes or assists with department quarterly deliverables as assigned; this may include servicing asset valuation disclosures, advance discount disclosures, servicing interest income disclosures, etc. for delivery to Corporate accounting
- Completes assigned review of topics for quarterly Pooling and Servicing Agreement Review presentation
- Completes review of assigned general ledger accounts for quarterly General Ledger Review presentation
- Participates in personal and team development through mandatory training, voluntary training and learning opportunities offered through Ignite, and department training offered by the management team
- Participates in Job Shadowing opportunities within the organization to gain a greater understanding of what other departments and teams do and how those activities support the organization and affect the Investor Reporting department
- Participates in weekly personal development meetings with department management to discuss areas of success and opportunity
- Completes scorecards to track personal development and evaluates results with department management monthly
- Participates in department development book reviews and discussions
- Attends team building activities to facilitate strong inter department relationships
- Completes and performs cross training within department to help ensure coverage and expand personal knowledge of all department functions
- Participates in problem resolution brain storming sessions with other department team members as needed to ensure accurate and timely correction of variances or other issues
- Assists with preparation of audit and licensing request responses as needed
- Assists with other department tasks as needed, this may include tasks such as assisting the accountant assigned to the Ginnie Mae investor loans with 11710D audits and assisting with bid review on Ginnie Mae pool sales days
- Serves as backup for other investor reporting accountants on an as needed basis, with senior team member support
- Assists in issuance of yearly reports to investors as needed
Skills
- Four-year degree in accounting
- One to two years of experience preferred
- Experience with Excel including experience with formulas and advanced features
- Ability to logically understand query definitions and analyze data effectively and efficiently
- Must be committed, detail-oriented, motivated, a self-starter, flexible, analytical and resourceful
- Must have great communication skills
- Ability to work in a team environment
- Quality minded
- Willing to learn, hard-working, determined, and assertive
Benefits
- Medical and Dental Plan with Prescription Coverage and Vision.
- Competitive benefits including 401(K) includes 100% company match of the first 4%.
- Paid time off days (PTO), maternity/paternity leave, and holidays.
- Community involvement including Volunteer Paid Time Off (VTO).
- Tuition Assistance for your first degree
- Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant.
- Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being.
- Collaborative and energetic work environment.
- Professional development and promotional opportunities.
- Competitive bonus programs.
Company Overview
At Vanderbilt Mortgage, we believe homeownership makes lives better. It was founded in 1974, and is headquartered in Maryville, Tennessee, USA, with a workforce of 1001-5000 employees. Its website is https://www.vmf.com.
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