Position Summary

The Senior Accountant- Lending and Fund Operations is a key accounting role responsible for executing daily fund accounting operations, performing monthly financial close activities, and supporting internal and external financial reporting. This position acts as a liaison between the servicing company and the fund, ensuring clear communication and consistent data accuracy. The ideal candidate has extensive experience in lending and fund accounting within a dynamic, fast-paced environment and is comfortable managing evolving financial processes and compliance standards.

Key Responsibilities

Accounting & Reporting

Prepare monthly financial statements for FGMS, including Income Statement, Balance Sheet, and Cash Flow.
Perform monthly accruals of interest income, interest expense, fees, and premium amortization.
Maintain and reconcile the CECL (Current Expected Credit Losses) file monthly.
Perform monthly reconciliations of sub-ledger and third-party loan servicing data to the general ledger.

Cash & Transaction Management

Monitor and manage daily cash balances and approve wires and ACH disbursements.
Reconcile FGMS bank accounts and weekly deposit transfers from the servicer.
Record corporate debt activity (borrowings, draws, interest).

REO Accounting

Reconcile REO (Real Estate Owned) settlement statements and record associated income, costs, and expenses.
Prepare and maintain monthly REO reconciliation files.

Audit & Compliance

Lead third-party and lender audit processes and prepare audit deliverables.
Ensure compliance with company policies, internal controls, GAAP, and regulatory requirements.

Collaboration & Supervision

Communicate closely with the Director of Investor Relations and Fund Accountant I.
May supervise junior accountants as assigned.

PI273312398

Propel Financial Services

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