Junior Accountant

Job Description

Staff Accountant | AD Mortgage

The Tone:
This is a full-time role at AD Mortgage, located in Fort Lauderdale, FL. AD Mortgage is a broker-voted Top 5 U.S. wholesale lender, recognized as a top Non-QM lender with 20 years in the industry, offering a full range of loan programs. This Staff Accountant position offers an excellent opportunity for an early career professional to build expertise in mortgage servicing operations, gaining hands-on experience in cash management and financial processes. This role is crucial for maintaining accurate financial records and supporting the company’s overall financial health and growth.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Fort Lauderdale, FL

• Mission: This person will manage daily financial activities and reconciliations to ensure accurate cash management and financial record-keeping within the mortgage servicing team.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Accounting Operations: Manage daily servicing accounting activities, including payment research, corrections, and cash application.
• Payment Processing: Process returned ACH transactions, checks, borrower refunds, and escrow disbursements.
• Transaction Monitoring: Initiate and monitor borrower-related wire transactions and follow up on NSF/rejected payments.
• Reconciliations: Perform bank and cash reconciliations, identifying and resolving discrepancies in a timely manner.
• Financial Support: Support investor remittance accounting, audit requests, and the maintenance of accurate financial records.

The Must-Haves
• Background: Entry-Level. Strong understanding of accounting principles and financial reporting.
• Experience: Minimum 1 year of accounting experience, with specific experience in account reconciliations and cash management activities.
• Skills: Proficiency in Microsoft Excel; excellent analytical, problem-solving, and attention-to-detail skills.
• Bonus: Bachelor’s degree in Accounting, Finance, or a related field.