Junior Accountant

Job Description

Junior Accountant | AD Mortgage

The Tone:
This is a full-time role at AD Mortgage, located in our Fort Lauderdale HQ. AD Mortgage is a broker-voted Top 5 U.S. wholesale lender with 20 years in the industry, offering a full range of loan programs. This role is an excellent opportunity for an accounting professional to build their career in the mortgage servicing industry, gaining hands-on experience in critical financial operations like cash management, reconciliations, and payment processing. The company promotes an inclusive and supportive culture where every voice is heard.

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

• Team: Finance team
• Mission: To support daily accounting activities, cash management, and financial operations to maintain accurate financial records within the mortgage servicing industry.
• Tech Stack: Microsoft Excel

What You’ll Actually Do
• Daily Servicing: Manage daily accounting activities related to servicing, including payment research, necessary corrections, and accurate cash application.
• Transaction Processing: Process various financial transactions such as returned ACH transactions, checks, borrower refunds, and escrow disbursements.
• Payment Monitoring: Initiate and closely monitor borrower-related wire transactions, actively following up on NSF or rejected payments to resolve issues.
• Reconciliation and Resolution: Perform thorough bank and cash reconciliations, promptly identifying and resolving any discrepancies discovered.
• Financial Support: Support investor remittance accounting, assist with audit requests, and ensure the consistent maintenance of accurate financial records.

The Must-Haves
• Background: Entry-Level. A strong understanding of core accounting principles and financial reporting is required for this role.
• Experience: A minimum of 1 year of accounting experience is required, specifically including experience with account reconciliations and cash management activities.
• Skills: Demonstrated excellent analytical abilities, strong problem-solving capabilities, meticulous attention to detail, and proficiency in Microsoft Excel.
• Bonus: A Bachelor’s degree in Accounting, Finance, or a related field is preferred.