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Staff Accountant – Loan Accounting
Posted on: 29 Apr 2021
Bethesda, MD
Job Description
The Staff Accountant supports the Accounting Operations team in various aspects but will spend the majority of their time assisting with the Company’s commissions process. The Company is growing at a rapid pace and the loan accounting team is continuing to evolve to meet the needs of the Company. This Staff Accountant my also assist with cash accounting and will assist with the preparation and recording of loan accounting journal entries.
What you will be doing:
Primary role and responsibilities:
Calculate commissions according to employee agreements.
Calculate the monthly accrual for commissions payable
Prepare monthly commission schedules for salespeople for their commission payouts
Perform monthly close activities, including recording of journal entries, account reconciliations, analytical analysis, and variance review
Secondary role and responsibilities may include any or all of the following:
Performing the accounting for the complete loan processing cycle which includes:
Calculate mortgage servicing rights according to the Company’s model
Recording journal entries for the loan activity at rate lock, loan closing, and loan sell/book entry date
Assisting the loan accounting team to identify and implement process improvements
Assist with system implementations as needed
Support the loan accounting team’s general accounting duties as needed
Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel
Other skills related to building a career in accounting!
The education and experience we’re looking for:
Bachelor’s degree required, preferably in accounting or finance
2 plus years’ accounting experience
What skills you should have:
Energetic, flexible team player with the ability to adapt in a changing environment
Must have strong accounting, analytical, and problem-solving skills
Requires strong communication skills, written and oral, through various levels of the organization
Strong time management and organizational skills
Detail-oriented, works effectively and efficiently
Highly skilled in various aspects of Excel
Proficient with other Microsoft Office products
Proficiency with Microsoft Dynamics GP or other general ledger systems a plus
Takes initiative, maintains an ownership approach to problem-solving, committed to ensuring accounting best practices are in place, and regularly goes above and beyond role
Ability to meet key deadlines and multitask
Walker & Dunlop, Inc.
Bethesda, MD
Walker & Dunlop strives to be the premier commercial real estate finance company in the country by providing financing solutions and investment sales to owners of multifamily and commercial properties. As one of the largest providers of commercial real estate finance, we offer deep industry knowledge, an unparalleled team of finance professionals, broad market coverage and excellent customer service – all inside a public company with a family company culture. With Walker & Dunlop, clients receive a “boutique” level of service, but with all the same resources of a large lending platform. We have over 1,000 professionals located in 41 offices throughout the United States dedicated to providing our clients with the best financing available.
Our comprehensive suite of financing solutions allows us to originate loans for our own balance sheet, and investment partnerships, or for sale to Fannie Mae, Freddie Mac, HUD, life insurance companies, banks and CMBS providers. Our financing expertise, scaled lending platform and unyielding commitment to client satisfaction make Walker & Dunlop a great choice for your commercial real estate financing needs.
Specialties
commercial real estate financing, apartment financing, manufactured housing financing, healthcare financing, student housing financing, Fannie Mae, Freddie Mac, HUD, Bridge Loans, Life Company, Investment Sales, and commercial real estate
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IndustryBanking/Financial Services
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No. of Employees1000+
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Website
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Jobs Posted106
