Accounting Manager Job in Villa Park, IL

Accounting Manager

The salary range for this position is $120,000-$140,000 and it comes with benefits, including medical, vision, dental, life, and disability insurance. To apply to this hybrid role please send your resume to john.sadofsky

The Accounting Manager supervises all general accounting functions. Responsibilities will include the coordination of daily accounting operations, directing the monthly close process, coordinating the entity's treasury operations and the preparation of accurate GAAP basis monthly, quarterly and annual financial statements. Specific job duties will include:

• The coordination of daily financing activities with the Company's operations team, various mortgage loan brokers, title companies, and warehouse lenders.
• The preparation of quarterly operating and cash forecasts, and various financial analyses as requested from time to time by the Company's Controller.
• General supervision of the accounting team including assisting where necessary with daily general ledger posting activities. This will include the preparation of interest rate lock derivative calculations, various pricing analyses, sales commission and production bonus calculations, and the periodic mark-to-market valuation of the loans held for sale inventory.
• Reviewing and maintaining all balance sheet reconciliations, and ensuring that all intercompany account balances and all bank account balances are reconciled.
• Working with accounting team to document policies and procedures, and to establish proper controls to deter fraud.
• Responsible for accurate financial management reporting including consolidated financial statements when appropriate.
• Responsible for disbursements review and control, including payroll, shared services, debt reporting, lender covenants, and income tax reporting.
• Helping to train, develop and build the accounting team, providing guidance as needed.
• Working with a third party valuation company to independently value retained mortgage servicing rights.
• The ability to read and to comprehensively discern the appropriate accounting recognition of various legal agreements including MLPAs, AMAs, and forward purchase and sale agreements.
• Effectively and efficiently coordinate the distribution of financial information to support regulatory compliance reporting and field examinations by warehouse lenders, tax professionals, independent audit firms, and various other third party professionals.
• Provide direction and supervision over:
  1) The Monthly Accounting Close Process and recognition of revenue,
  2) Reconciliation of all balance sheet accounts to various corporate business units.
  3) Administration of treasury functions with Corporate and BU accounts.
• LOS System (Encompass), GL System (Net Suite), Document Management System.
• Needs to be very well organized, and know where all supporting information is located.
• Directs and coordinates all loan transfers to the servicing group.