Senior Accountant

Job description

Summary

The Senior Accountant is a full-time permanent position responsible for, full cycle Accounting and reconciliation for Stronghill Capital. This position will track performance and measure the growth of a business that will originate, process and close 200 to 300 commercial real estate loans per year. The ideal candidate will be an experienced and driven accountant with a diverse background in lending, cost accounting or commercial real estate with the ability to work in a growing and continuously evolving business environment.

Essential Functions

· Participates in the preparation of the annual budget

· Prepares monthly Stronghill Capital operational profit and loss statements

· Performs monthly reconciliation of third-party loan servicing and sub-ledger to the general ledger

· Performs monthly accrual of interest income, expense, and fees for commercial real estate loans

· Analyzes, reports and records FAS91 transactions for commercial real estate loans

· Prepares and records the Allowance for Loan Loss maintaining specific and general reserves

· Maintains weekly deposit reconciliation between Salesforce and Intacct

· Records all commercial real estate debt transactions in the general ledger to include interest expense, draws and borrowing bases

· Monitors Lines of Credit and makes paydowns as needed

· Verifies and completes due diligence on loan sales to support Chief Investment Officer.

· Monitors daily cash balances for payments and disbursements and approves daily funding wires

· Reconciles various fees in general ledger to Salesforce at month end

· Reconciles Stronghill Capital bank accounts

· Makes journal entries for month end adjustments

· Keeps track of changing fee structure for various products as they evolve and documenting the same for distribution

· Reconciles settlement statements and records prepaid interest, deferred income, and expense

· Moves funds between bank accounts to accommodate changing needs

· Communicates closely with the Account Executives, Loan Processers, managers, and others regarding the loan pipeline.

· Frequently will communicate directly with third party auditors and prepare audit deliverables

· Ensures that the company's policies and procedures, code of conduct, generally accepted accounting practices and regulatory guidelines are strictly complied with

· Continuously updates skills by participating in professional training and cross-training offered by the company

· This position may supervise Accountants

Qualifications and Education Requirements
· Bachelor's degree in business, finance or accounting.

· Minimum of five years of experience in Accounting with a concentration in Commercial Real Estate, Lending, Banking or other related industry.

· Must have advanced Excel Skills

· Must be well-organized, accurate, and attentive to detail

· Must have excellent written and verbal communication skills demonstrated by the ability to listen to others, understand them, and then propose solutions or make contributions based on the points made by others

· Must possess excellent multi-tasking skills and be able to function well under pressure

· Must be able to remain composed under pressure and respond to management and coworker concerns regularly

· Cost Accounting experience preferred

· Experience with Sage Intacct and Salesforce preferred

Job Type: Full-time

Pay: $65,000.00 - $85,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Vision insurance

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 3 years (Preferred)

License/Certification:

• CPA (Preferred)

Work Location:

• One location

Work Remotely:

• No

Work Location: One location