Junior Staff Accountant

Job Description

Junior Staff Accountant | Genesis Capital LLC

The Tone:
This is a full-time, on-site role at Genesis Capital LLC, located in Los Angeles County, CA. Genesis Capital is one of the largest business purpose lenders nationally, specializing in commercial real estate financing for developers who renovate and sell single-family and multi-family residential properties. The company operates as a subsidiary of Rithm Capital, a publicly traded mortgage real estate investment trust. This entry-level position is crucial for maintaining the day-to-day financial operations within the loan accounting department, supporting the accurate preparation of general ledger transactions, daily reconciliations, and ensuring adequate accounting controls. The Junior Staff Accountant plays a key role in supporting the organization’s financial reporting needs, month-end, and quarter-end close processes.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Los Angeles County, CA

• Team: Finance team, supporting the loan accounting department
• Mission: Manage daily loan and financing accounting, ensure accurate financial controls, and support reporting and audit requirements.
• Tech Stack: Microsoft Excel, Intacct Sage

What You’ll Actually Do
• Accounting: Prepare daily journal entries for the loan accounting department.
• Problem Solving: Assist in identifying and resolving accounting and operational issues.
• Collaboration: Work with business users and technology teams to implement sustainable solutions.
• Reporting Support: Assist with month-end and quarter-end close processes.
• Reconciliations: Perform cash and debt reconciliations.

The Must-Haves
• Background: Hold a Bachelor’s degree in Accounting, Finance, or a related field, demonstrating a basic understanding of GAAP and financial reporting.
• Experience: Possess a minimum of 1 year of accounting experience, with an understanding of mortgage lending processes and loan servicing.
• Skills: Exhibit proficiency in Microsoft Excel and accounting software, strong attention to detail, organizational skills, and excellent communication and interpersonal abilities.
• Bonus: Experience with Sage Intacct accounting software is a plus. Candidates should be excellent problem solvers, team-oriented, and collaborative.