Note: The job is a remote job and is open to candidates in USA. New American Funding is seeking a Loan Accounting Manager to oversee residential mortgage lending accounting operations. The role manages loan funding, warehouse financing, secondary marketing transactions, loans held for sale, and trust/escrow liabilities while leading staff accountants, ensuring compliance, maintaining internal controls, and coordinating with cross-functional teams and auditors.
Responsibilities
- Oversee daily loan-level accounting for funding & purchases
- Manage daily warehouse line reconciliations, ensuring all borrowings, repayments, & interest calculations match warehouse lender statements and internal records
- Work with corporate accounting & finance on the monthly, quarterly, and year-end loan accounting close processes within established reporting deadlines
- Review and approve journal entries, balance sheet reconciliations, and amortization schedules for loan origination & sales cost
- Analyze loan-level general ledger variances, identifying discrepancies and ensuring timely adjustments
- Supervise, mentor, and develop a team of loan accounting specialists and staff accountants
- Establish clear performance objectives, conduct regular reviews, and provide ongoing technical training and coaching
- Identify opportunities to automate workflows, optimize loan accounting system capabilities, and streamline interfaces between the Loan Origination System (LOS) and General Ledger
- Design, implement, and maintain effective internal controls over mortgage loan accounting processes and reconciliation workflows
- Coordinate internal, external, regulatory, and warehouse bank audit requests by preparing audit schedules, confirmations, and loan-level supporting documentation
Skills
- Bachelor's degree in Accounting, Finance, or a related business discipline
- 5+ years of progressive accounting experience, with at least 3 years in mortgage banking or residential lending accounting
- Minimum 2 years of direct supervisory or team management experience
- Direct working knowledge of mortgage accounting software (such as AMB/Advantage Mortgage Bookkeeping, Loan Vision, or similar industry ERP systems)
- Familiarity with Loan Origination Systems (e.g., Encompass) and servicing platforms (e.g., MSP)
- Advanced Microsoft Excel skills (vlookups, index/match, pivot tables, sumifs, and complex data modeling)
- Ability to dissect complex transaction flows across origination, secondary marketing, and servicing to resolve ledger imbalances
- Strong interpersonal and presentation skills to interface effectively with senior management, external auditors, warehouse lenders, and cross-functional partners
- Exceptional precision in review, with the capacity to manage strict deadlines in a fast-paced lending environment
- Proven ability to drive operational change, implement software updates, and maintain high team morale under deadline pressure
- Direct experience with warehouse facility treasury operations and secondary marketing lock/trade reconciliation
- Experience with database queries, Power BI, or report writing tools
Benefits
- 401k
- Health benefits
- Dental benefits
- Vision benefits
- Paid vacation
- Remote OK if living within 30 miles of Santa Ana, CA or Austin, TX, with 4 days on-site required
- Options for hybrid/remote arrangements depending on company policy
Company Overview