Remote Financial Director - Mortgage Lending and Capital Markets

Our partner is looking for a Financial Director. This role can be performed 100% remotely with access to a computer and reliable internet access. This position is not eligible to be performed in the state of Colorado.

This role includes reconciliation preparation and approval, general ledger entries, financial reporting, special projects and facilitation of internal and external audits for both third party and related-party loan sales, derivatives, and on-balance sheet loan inventory.

Job Functions And Responsibilities

• Ensuring accuracy of, and general oversight of general ledger accounts related to Mortgage Lending and Capital Markets to including loan inventory, warehouse lines of credit, derivatives, as well as funding and sales clearance accounts for both traditional residential mortgage loans and reverse mortgage loans.
• Execution and documentation of key controls for SOX purposes regarding completeness, accuracy, valuation, and disclosure of Originations segment accounts as mentioned above.
• Validating the valuation of the mortgage pipeline, derivatives, and inventory loans on a monthly basis received from internal business partners and/or third-parties.
• Oversight of quarterly and annual disclosures related to funding activity as well as secondary marketing activity for external reporting purposes (i.e. 10-Q and MBFRF)
• Communicating with other business units to research, escalate and resolve issues
• Special accounting related projects (automation, ledger enhancements, reporting changes, etc.) including working with business partners to provide Accounting requirements, participate in project meetings, and perform UAT testing.
• Drafting accounting conclusions as it relates to Originations and Capital Markets-related issues
• Coordinate and monitor deliverables for external auditors and internal auditors

Key Result Areas

• Complete and accurate financial information provided monthly for executive leadership review and quarterly for publicly filed financial statements
• Prepare and present monthly financial results as well as financial analytics and metrics to executive leadership for review. Timely and accurate account reconciliation and roll forwards.
• Frequent communication with and escalation of issues to Controller and CAO
• Identification and assessments of internal controls, including timely exception/document and identification of control gaps

Requirements

• Post graduate experience with 10+ years of accounting experience
• 7+ years of management experience
• Knowledge of US generally accepted accounting principles in the mortgage or banking industry with residential mortgage loans and reverse mortgage loans.
• Certified public accountant preferred
• Public company and SOX control experience preferred
• Big 4 accounting experience preferred
• Prior experience in accounting for loans held for sale (LHFS), loans held for investment (LHFI) at fair value, mortgage derivatives, and MTM pricing process required.
• Experience in streamlining and building controlled processes and procedures
• Ability to operate in a fast-paced, dynamic environment with minimal daily supervision

This position is not eligible to be performed in the state of Colorado.