Manager, Accounting Department at Onity

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

06 Sep, 26

Salary

0.0

Posted On

09 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

General Ledger, Financial Reporting, SOX Compliance, Oracle ERP, GAAP, IFRS, Data Analysis, Advanced Excel, Account Reconciliation, Internal Controls, Mortgage Accounting, Financial Analytics, Budgeting, Forecasting, Variance Analysis, Process Automation

Industry

Financial Services

Description

POSITION SUMMARY: Accounting for the Corporate accounting for all business segments includes the mortgage lending pipeline, funding of loans, and sale of loans, forward servicing, reverse servicing etc, partnering closely with our business unit partners. This role includes reconciliation preparation and approval, general ledger entries, financial reporting, special projects, and facilitation of internal and external audits. Should possess good analytical and advanced excel skillsets in performing data analysis. Oracle ERP knowledge is a must. JOB FUNCTIONS AND RESPONSIBILITIES: * General Ledger & Recordkeeping * Maintain and reconcile general ledger accounts. * Ensure completeness and accuracy of journal entries. * Perform month-end and year-end closing activities. * Prepare and present monthly financial results as well as financial analytics and metrics to executive leadership for review along with business drivers for variances. * Financial Reporting & Compliance * Ensure timely and accurate consolidation of financial results across business units. * Support external audits and internal audits & SOX compliance. * Review quarterly and annual disclosures for financial statement & reg reporting in accordance with GAAP/IFRS. * Internal Controls & Risk Management * Implement and monitor internal controls to safeguard company assets. * Timely and accurate account reconciliation and roll forwards. * Coordinate and monitor deliverables for external auditors and internal auditors. * Transaction Oversight * Review and document significant or unusual transactions. * Ensure proper accounting treatment and supporting documentation. * Collaboration & Business Support * Partner with FP&A, payroll, treasury and business teams to provide financial insights. * Support budgeting, forecasting, and variance analysis. * Provide accounting guidance for strategic initiatives (new transactions, restructuring, new projects). * Process Improvement * Streamline accounting processes for efficiency and accuracy. * Automation of manual processes * Support ERP system enhancements and automation initiatives. QUALIFICATIONS: * CA/CPA experience with 8+ years of accounting experience * 5+ years of management experience * Mortgage industry experience preferred. * Big 4 accounting experience preferred. * Public company and SOX control experience preferred. * Knowledge of US generally accepted accounting principles in the mortgage or banking industry with residential mortgage loans and reverse mortgage loans. * Prior experience in accounting for mortgage loans, servicing of loans, subservicing process as per USGAAP required. * Experience in streamlining and building controlled processes and procedures. * Ability to operate in a fast-paced, dynamic environment with minimal daily supervision WORK SCHEDULE 2 pm to 11 pm

Responsibilities

Manage corporate accounting for mortgage business segments, including loan funding, sales, and servicing. Oversee general ledger activities, financial reporting, internal/external audits, and process automation initiatives.