Note: The job is a remote job and is open to candidates in USA. Newfi Lending is a financial services company focused on modern mortgage lending and flexible lending solutions. The Senior Accountant will support mortgage accounting, investor reporting, servicing activity, warehouse reconciliations, general ledger responsibilities, and month-end close while serving as an accounting liaison among investors, servicers, warehouse partners, and internal Finance leadership.
Responsibilities
- Reconcile monthly P&I and escrow remittance reports and verify amounts due between Newfi and investors
- Prepare investor remittance reporting, coordinate wire requests, and record applicable loan-level journal entries
- Research investor remittance discrepancies and follow up on outstanding reimbursements
- Review servicing invoices and escrow disbursements, identify discrepancies, and record related receivables
- Serve as a primary Accounting point of contact between investors, servicers, and Newfi
- Post investor payments, invoices, repurchase activity, and related cash entries in Loan Vision
- Manage accounting for Early Payment Payoff (EPP) loans, including reclassifications, accruals, holdbacks, and tracking
- Support FHA/VA mortgage insurance premium payments, buydown funding, and related journal entries
- Participate in warehouse meetings and support funding and cash-related accounting activity
- Perform bank, warehouse, investor LHFS, and investor warehouse reconciliations
- Prepare EPP and escrow accruals
- Reconcile loan funding activity between loan systems, warehouse facilities, and general ledger accounts
- Reconcile assigned accounts including Accounts Receivable, Accounts Payable, Investor Payables, and purchase clearing
- Research and resolve reconciling items and support timely month-end close
- Create and maintain accounting procedures for investor remittance, EPP, and related processes
- Maintain accurate supporting documentation for reconciliations, journal entries, and accruals
- Identify process improvements that strengthen controls, improve accuracy, and support efficient close timelines
- Partner with the Controller and cross-functional teams on accounting initiatives and special projects
Skills
- 5+ years of progressive accounting or finance experience, preferably within mortgage banking, servicing, wholesale, correspondent lending, or financial services
- Strong understanding of general ledger accounting, journal entries, accruals, cash activity, and balance-sheet reconciliations
- Experience with mortgage-specific accounting, including investor reporting, servicing, warehouse activity, loan funding, or loan-level accounting
- Strong analytical, organizational, and problem-solving skills
- Advanced Excel skills and experience working with financial and loan-level data
- Ability to manage multiple deadlines and communicate effectively with internal and external partners
- Bachelor's degree in Accounting, Finance, Business Administration, or related field preferred
- Experience with Loan Vision or another mortgage accounting platform
- Experience with investor remittance reporting, warehouse reconciliations, EPP accounting, and servicing activity
- Knowledge of Non-QM, DSCR, Agency, FHA/VA, Jumbo, HELOC, or Second Lien products
- CPA or advanced accounting/finance degree is a plus
- Experience using AI tools or AI-enabled accounting technology to improve accounting workflows, reporting, reconciliations, data analysis, or process efficiency is desired
Benefits
- 401(k) matching program
- Medical, dental, and vision coverage
- Leadership visibility and career growth opportunities
- Flexible remote work environment
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