Commissions & General Accounting Specialist

Overview

Berkshire Hathaway HomeServices PenFed Realty (PenFed Realty), a wholly owned subsidiary of PenFed Credit Union (PenFed), is hiring a (Remote) Commissions & General Accounting Specialist. The incumbent must be located in Dallas, Texas or the metro DMV area. The primary purpose of this job is to participate in all activities associated with Commissions and Accounts Payable/Receivable processing as they relate to commissions processing. Daily tasks may including receiving commission payments, paying outside brokers when applicable, paying PFR agents their portion of the commission based on their independent contractor agreement, reviewing transactions' data for accuracy prior to processing, ensuring all required transaction documents are properly approved by the appropriate broker, processing other non-commission payments to agents and completing other Commissions help ticket requests. This position will also serve as a subject matter expert for commissions processing.

Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Participate in the completion of the department's workload as it relates to commissions and AR processing with general supervision from the Commissions & AR Supervisor. Those areas of responsibility may include the following tasks and is not intended to be a complete list:

• Commissions Processing:

• Record commissions receipts to transactions' subledgers

• Review commissions that are submitted as ready to pay for required documents, broker approvals and complete accuracy

• Communicate required corrections to the submitting office.

• Pay outside brokers' referrals from PFR's commissions

• Pay Agents their net commissions

• "Fall Through" transactions that do not close

• Answer offices' questions about prior transactions & transactions in process

• Pay agent bonuses and contract work

• Follow up with offices on transactions past their settlement dates

• Respond to all other Commissions help tickets

• The incumbent may temporarily assist with other departmental recurring tasks as directed by management in order to maximize team efficiency, promote departmental cross training and increase PTO coverage capabilities. Those other areas of responsibility may include the following and is not intended to be a complete list:

• Agent billing - collecting Agents' billing receivable balances

• Bank account reconcilations

• Posting cash receipts

• Other general ledger accounts reconciliations

Qualifications

Equivalent combination of education and experience is considered.

• Associates Degree in Business field preferred or a combination of job experience in the areas of real estate, accounting and or finance as well as the necessary skills and knowledge to satisfactorily perform the essential functions of the position.

• Minimum of two (2) years in related work experience required in a professional business environment, with real estate experience preferred.

• Proficiency with Microsoft Office based programs required.

• Advanced Excel skills including, but not limited to Pivot Tables.

Supervisory Responsibility

This position will not supervise employees.

Licenses and Certifications

There are no additional licenses and/or certifications required for this position.

Work Environment

Currently this position is performed remotely. That status will be evaluated periodically.

Travel

Limited travel to various worksites may be required.

About Us

Berkshire Hathaway PenFed Realty, LLC is a full-service real estate brokerage firm with over 60 offices and 1,700 world-class sales professionals, offering complete service coverage in Virginia, Maryland, District of Columbia, Delaware, Pennsylvania, West Virginia, Florida, Tennessee, Kansas and Texas markets. Founded in 2006, we are a wholly owned subsidiary of one of the country's largest and most financially stable credit unions, PenFed. We are also one of the largest franchisees within the Berkshire Hathaway Home Services network. The Berkshire Hathaway HomeServices network stands among only a few organizations entrusted to use the storied Berkshire Hathaway name, a name representing strength, integrity, trust and universal respect. PenFed's products, pricing, and financial stability coupled with the Berkshire Hathaway brand creates a powerful combination for growth within the residential real estate arena. With growth of over 900% in the past 5 years, PenFed Realty is recognized as one of the fastest growing real estate brokerage firms in the country. Our mission is to recruit, retain, and support the most knowledgeable real estate agents in the industry so that we may ensure a smooth and hassle free home buying experience. We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match and more. Equal Employment OpportunityPenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.