Walker & Dunlop, Inc.

Accounting Manager (Loan Accounting)

Posted on: 20 May 2021

Bethesda, MD

Job Description

Ready to bring your whole self to work every day?  At Walker & Dunlop, we didn’t get to where we are by hiring ordinary individuals.  We got here by hiring the exceptional!  WD is looking for individuals who are caring, collaborative, driven, insightful, and tenacious to join our team!

The Accounting Manager is responsible for assisting the Loan Accounting team in the management of loan accounting and commission processing. This role will work closely with the Vice President of Accounting Operations to ensure that the Company’s revenue streams and balance sheet accounts associated with loan accounting are properly recorded.

What you will be doing:

Serve as the primary support in managing loan funding activities and ensure that adequate resource allocations among the team are in place in order to handle high volatility (volume) across different product lines

Review and approve MSR gross value calculation on all MSRs less than $500,000

Manage the Company’s proprietary MSR subledger system

Prepare the Company’s quarterly derivative calculations

Supervise loan accounting staff. Responsible for overseeing day-to-day work, developing, and mentoring staff, including staffing, performance reviews, salary recommendations, promotions, and terminations

Review, and prepare as necessary, account reconciliations as identified and assigned on the monthly closing checklist

Review, and prepare as necessary, journal entries related to servicing fees, interest income and expense, derivatives, MSR capitalizations, MSR amortization, origination fees, loans held for sale, loans held for investment, and other related areas

Identify areas for process improvement and suggest and implement process improvements

Assist with Accounting system implementations as necessary

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 in Accounting or related field

5 plus years of progressively responsible accounting experience

Team management experience preferred

What skills you should have:

Excellent communication skills, professional presentation, and keen attention to details

Discretion in dealing with highly sensitive and confidential information

Strong and independent problem-solving skills

Ability to interpret compensation agreements

Ability to team well with others to solve problems and support the Accounting Operations group

Comprehensive knowledge of Microsoft Office, with extensive use of Excel

Demonstrated ability to multi-task

Willingness to identify improvements to existing processes

Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes

Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders

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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