Staff Accountant/Loan Administrator

2 weeks ago


Calabasas, California, United States Paychex Full time
Staff Accountant/Loan Administrator

We are seeking a highly skilled Staff Accountant/Loan Administrator to join our accounting and finance team in our Calabasas office. This position reports to the Fund Controller and will assume the day-to-day accounting and administration of construction, bridge, and value-add loans on commercial and residential real estate.

Key Responsibilities:

  • Set up wires for initial fundings and construction draws
  • Review and utilize documentation from the originations to set up loans in the servicing system
  • Process loan payment activity and process payments to lenders
  • Reconcile the Trust account cash balance daily
  • Prepare payoff demands and collateral reconveyances
  • Process month-end activities within the servicing system and reconcile receivable balances in the accounting system
  • Provide month-end reports for use by accounting
  • Maintain collateral insurance tracking
  • Review preliminary notices and forward to the third-party fund control
  • Manage Accounts Payable to ensure all vendor invoices are booked and approved in a timely manner

Requirements:

  • Bachelor's degree in Accounting, Finance, or related field or prior accounting experience
  • Must be extremely organized
  • Good interpersonal skills
  • Great with time management to meet deadlines
  • Intermediate or Advanced level Excel capabilities
  • Must be able to work in both a team environment and individual projects
  • Excellent communicator with all levels within/outside of the organization

Prior experience with the following is a plus:

  • The Mortgage Office – Loan Origination and Servicing System
  • Sage Intacct – Accounting Software
  • A general understanding of the loan life cycle


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