Position Title: Senior Accountant - Financial Reporting Job Status: Full Time
Reports to: Accounting Supervisor I – Financial Reporting Department: Accounting
Amount of Travel: None
Vanderbilt Mortgage and Finance, Inc. was established in 1974 and currently services over 150,000 loans. Our strength as an organization is rooted in the quality of our people and products. We are an equal opportunity employer committed to creating a diverse workforce. Furthermore, we’re financially strong, with a reputation for leading the industry with unsurpassed products, a broad range of services and a coast-to-coast presence. And we’re professionally strong, from entry level to more experienced positions, we’re actively recruiting individuals who are passionate, positive, and eager to learn. As a member of our team, we will equip you for success, you’ll enjoy excellent benefits, opportunities for growth and an encouraging culture that supports work/life balance.

JOB SUMMARY

The Senior Accountant’s main responsibilities include completing and reviewing monthly, quarterly, and annual financial reporting needs and providing financial information to remain in compliance. This role requires thorough account analysis and research to ensure accurate numbers are being reported. The Senior Accountant assists with reviewing most monthly and quarterly close reporting tasks and license requests received from the licensing team. This position is also responsible for training new team members, presenting research topics and recommended improvements to senior management. This role is always looking for ways to improve current processes and simplifying tasks where possible.

JOB FUNCTIONS

Compliance/Policies and Procedures

• Oversees the accounting of all leases
• Monitors current leases to ensure compliance with ASC 842 by review lease agreements
• Analyzes current leases for correct reporting and guides the set up of new leases
• Prepares the quarterly reporting requirements for the Mortgage Banker’s Financial Reporting Form and the Mortgage Call Report
• Makes recommendations to streamline reporting processes and facilitate consistency and comparability across the industry
• Reviews and manages other licensing requests as needed
• Reviews the preparation of related parties disclosures on a quarterly basis
• Analyzes and reviews 3rd party financial statement review requests

Accounting Close Period Analysis

• Reviews accounting files related to the monthly, quarterly, and annual close process to include but not limited to analyze and approve distributions of reports related to new loans, warehouse balances, repo, accrued interest and other reconciliations
• Analyzes and presents company specific and consolidated financial statements on a monthly basis
• Reviews close tasks and recommends process improvements or file enhancements
• Prepares quarterly reporting requirements for Corporate Accounting

Continuous Improvement/Team Member Development

• Prepares quarterly research interpreting various regulations or FASB standards pertaining to Company activity and provide recommendations to senior management
• Researches regulations for the reporting of activity to states, governmental agencies, or investors to help ensure compliance
• Develops and trains other team members
• Reviews work completed and recommends process improvements
• Collaborates with team to provide process improvements, modernize files, auditing of current files to ensure accuracy and other special projects as they arise

Financial Statement Preparation and Audit

• Leads the preparation of yearly stand alone financial statements
• Reviews the compilation of workpapers, financial statements, and disclosures
• Prepares standalone Vanderbilt financial statements for review by 3rd party auditors
• Prepares audit items and answers questions related
• Leads discussion with senior management throughout audit process

Other duties as assigned
This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned.

QUALIFICATIONS:

• College degree or advanced degree required in accounting or finance.
• Advance Degree a plus
• CPA a plus
• Four to six years of experience preferred.
• Advanced Knowledge of Generally Accepted Accounting Principles (GAAP)
• Experience with Microsoft Office, specifically Excel.
• Querying Knowledge.
• Effective Communication Skills.
• Attention to Detail
• Organization and Analytical Skills.
• Ability to work in a team environment.
• Motivated and self-starter.
• Quality minded.
• Willing to learn, hard-working, determined, and assertive.

Please refer the Job description for details