Job Summary
The position involves managing various accounting tasks related to multifamily loans. This includes processing construction advances, handling payments, managing reserves and escrow transactions, and conducting reconciliations, as well as overseeing insurance and real estate tax payments. The role requires thorough interpretation of loan documents and ensuring adherence to legal, regulatory, and investor standards while collaborating with borrowers, property managers, vendors, auditors, and internal teams.
Responsibilities
- Manage accounting activities connected to multifamily loans, including advances, payments, reserves, and escrow transactions.
- Conduct reconciliations and oversee insurance and real estate tax payments.
- Interpret and analyze loan documentation.
- Ensure compliance with applicable legal and regulatory requirements, as well as investor conditions.
- Coordinate effectively with various stakeholders including borrowers and auditors.
Qualifications
- Minimum of three years of experience in accounting, auditing, or loan servicing, ideally within the public sector.
- Strong skills in communication, analytical thinking, and organization.
- High attention to detail in all tasks undertaken.
- Proficiency in Microsoft Office, including spreadsheets, and familiarity with Smartsheet, ShareFile, and loan accounting systems.
- An associate degree in accounting, business, or a related field is preferred.
STEMHUNTER provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
