Financial Services Manager

hace 2 semanas


San Juan, San Juan, Puerto Rico First BanCorp A tiempo completo

Overview



The Senior Accountant (Investor) provides critical support to the Accounting Units, focusing on complex accounting matters. This role assists the Manager/Accounting Officer in reviewing daily work prepared by other Accountants, ensuring efficiency in the process. Additionally, the Senior Accountant interacts with external auditors and supports the business area.



Key Responsibilities



• Oversee the complete accounting process and financial statements for specific unit responsibilities.



• Manage month-end, quarter-end, and year-end closing.



• Support department supervisors and managers in ensuring the accuracy and completeness of tasks performed by other unit members.



• Analyze and perform accounting entries (JE), identifying and correcting possible exceptions.



• Reconcile and prepare monthly analysis of income accounts, applying judgment to identify and correct possible exceptions.



• Assist business areas and operational areas in understanding accounting implications of transactions and their treatment.



Operational Accounting



• Provide Oracle functional support to other employees, including business units and other corporate units.



• Create reports in Oracle required for business units and other areas.



• Maintain the Oracle Chart of Accounts, ensuring new accounts and combinations align with corporate accounting and financial reporting policies.



• Have functional and technical expertise on the General Ledger module within the Oracle application.



Investor Reporting



• Reconcile, report, and remit various investors of single-family residential mortgages, including private label securitizations, Fannie Mae, Freddie Mac, and/or Ginnie Mae.



• Transfer and sell loans to private investors, reporting and remitting special remittances, pay-offs, repurchases, defaulted loans, and loss mitigation activities.



• Develop and enhance operational procedures using Black Knight MSP, FNMA single-family servicing, Freddie Mac Access Manager, and Ginnie Mae Enterprise Portal (GMEP).



• Analyze reconciliation portfolios and cash custodians, preparing required special forms for investors.



Requirements



• Bachelor's degree in accounting or finance.



• At least three years of accounting-related experience, preferably in the banking industry.



• Thorough understanding of GAAP, including solid knowledge of bookkeeping principles, laws, and regulations.



• Proficiency in MS Office applications (Excel, Word).



• Ability to work under pressure and with minimal supervision.



• Effective handling of multiple projects simultaneously in a deadline-oriented environment.



• Full bilingual capabilities.



• Preferably knowledge in mortgage servicing loans and investor reporting area.



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