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Accounting Intern

3 months ago

Pewaukee, United States Waterstone Mortgage Full time

SUMMARY: Are you a current college student looking to get real world accounting experience? If so, Waterstone Mortgage has the perfect opportunity for you We are looking for an intern to assist in the day-to-day functions of our Accounting department. The Intern will assist the Senior Manager of Funding & Accounting in providing financial, administrative, and clerical services. This involves processing purchase advices, reconciling investor wires, making payoffs, paying invoices, sending funding wires, maintaining financial records, and various administrative duties. Someone with high attention to detail, great organizational skills, and technology experience will be able to thrive in this position regardless of their background or experience. This position is required to be in office (Brookfield, WI) a few days per week, with the option to work remotely occasionally. We are open to working around class schedules. Ideal candidate would be able to work 30+ hours per week, open to part time hours as well. ESSENTIAL DUTIES AND RESPONSIBILITIES: Process daily purchase advices to ensure accuracy of entries and proper write backs Process, balance, and post daily payoffs and settlements from investors Backup and support to the Funding department such as ordering wires, reconciling funding data, and clearing funding conditions Backup and support to the Accounting Lead such as processing invoices and managing emails from shared inboxes Maintain and track vendors on autopayments Process daily deposits and prepare journal entries of miscellaneous checks ADDITIONAL DUTIES: Complete any additional duties assigned by management Complete regulatory and compliance training as required Assist WMC employees and departments as needed Individuals in this position shall not engage in loan origination during the course of his/her employment with WMC. Loan origination is defined as (1) taking a residential mortgage loan application; or (2) offering or negotiating terms of a residential mortgage loan for compensation or gain; (3) advertising or communicating to the public that you can perform loan origination services. Please see the Loan Originator Compensation Policy for more details on the definition of loan origination. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c) #J-18808-Ljbffr