Investor Accounting Analyst - Internal Accounting

Location: 11501 Outlook Street, Overland Park Kansas

JOB DESCRIPTION:

Under the direction of the Internal Accounting Manager, the person will be part of the team whose responsible are to setup and monitor PAT loans, reconcile various daily bank accounts, process daily work log files – Internal transfers, ACH, & Wires; process daily wire files; setup, monitor and administer Energy transactions and various other tasks as dictated by the department head.

ESSENTIAL JOB FUNCTIONS:

Transaction Processing

• Daily processing of book transfers, ACH’s and wire transfers from RECWeb Work log for various departments under multiple deadlines and constraints.
• Daily processing of internal money movements associated with voided checks, payment reversals and other like activity of the servicing portfolio.
• Pre-Authorized Transfer (PAT) setup and ongoing maintenance related to payment activity.
• Assist in the timely processing and funding of New Loans while working closely with closers to ensure funds are processed accurately.
• Daily balancing activity to insure cash and system processing equal prior to dayend cycling.
• Manage interaction with Corporate Accounting on issues concerning the General Ledger.

• Daily balancing of all incoming receipt accounts to insure proper resolution of unidentified recon items. Escalate stale recon items timely for resolution.
• Daily balancing of all outgoing disbursement accounts to insure proper resolution of unidentified recon items. Escalate stale recon items timely for resolution.
• Daily balancing of other clearing accounts, including NSF Account, Core Logic/SLK Account, Cash Management Clearing, RESI Flood, and others as required.
• Daily, weekly and monthly reconciliations of various collection, escrow and reserve accounts.
• Daily monitoring of outstanding check register, clearing stale dated checks in a timely fashion.
• Interact with Corporate Accounting on issues concerning the General Ledger.

• Review legal agreements to identify intended role and establishment of bank accounts per project.
• Process daily, weekly and monthly reconciliations of various energy bank accounts.
• Process monthly, quarterly and “upon request” withdrawl requests per project via the RECWeb Work log process.

• Assist other Internal Accounting Departments as required
• Assist peers in reconcilement issues/questions as requested
• Participate in special projects as needed; i.e. participate in the testing phase of upgrades, enhancements to the system, and audits

• Strong knowledge of Borrower Ownership structures
• B.S. in Accounting, Finance or related business field and/or comparable experience or 5 years relevant job experience in banking/account/commercial mortgage servicing
• Excellent written/verbal communication skills, as well as a high degree of analytical skills
• Excellent organizational skills, with ability to efficiently handle multiple tasks and deadlines
• Demonstrated organization, prioritization/detail-orientation skills
• Demonstrated ability to work independently with minimal supervision

• Experience in commercial mortgage loan accounting
• Experience in Banking
• Minimum 1-2 years’ experience in commercial mortgage real estate lending
• Experience in understanding various legal documents associated with commercial loans
• Efficient in the use of word processing, spreadsheet and email software, such as Microsoft Word, Excel and Outlook
• Team oriented and flexible
• Analyze issues and seek to improve and simplify work processes

• Personal Laptop Computer with Dual Monitors
• Standard office equipment (fax machine, phone calculator, printer/scanner/copier)

• On-the-Job
• Designated continuing education and related courses throughout the year (30 hours minimum annually)