Please note that this position is no longer available. If you would like to be considered for similar opportunities now or in the future, feel free to apply and/or set up a notifier for yourself.
Accounting Analyst
CA - Sherman Oaks
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Opportunity Snapshot
This newly created role offers you the opportunity to leverage your analytical skills at a growing, profitable and innovative retail mortgage lender. You will provide greater analytical focus to the assumptions that go into our accounting entries related to Standards of Financial Accounting Statements (SFAS) 157 and 159, and contribute in other areas. In the process you'll interact with and generate reports for senior decision makers. While many in this market are closing their doors, Prospect Mortgage is growing strong, leveraging a solid national sales infrastructure, talented senior leadership, and solid capital backing. We've created a team-oriented, energetic, and upbeat culture with a focus on success.
To be a good fit for this opportunity you will have at least four years of experience as an Accountant, ideally in mortgage banking, and a solid understanding of GAAP. You also will need experience with SFAS 157 and SFAS 159. We're looking for a professional with the interpersonal and communication skills to meet with the CEO or other executives and explain analytical results. In addition you will need solid skills in MS Excel and experience with enterprise accounting software (we use JDEdwards).
Established in 2006, Prospect Mortgage specializes in acquiring midsized residential lenders, providing them with capital, cost-efficiencies, and increased resources while maintaining a decentralized, entrepreneurial business model.
What Else You'll Bring to the Table
In addition to the qualifications detailed above, you'll need:
A bachelor's degree from a four-year college/university in Accounting, Finance, or other relevant field.
Excellent analytical, logical reasoning and problem solving skills.
Strong organizational skills and the ability to plan and prioritize activities.
The ability to:
Effectively foster and contribute to a team environment.
Be successful in a fast-paced, continuously changing environment with demanding turnaround times.
Manage and contribute to multiple simultaneous projects.
A proven self-starter approach with a track record of working independently to successfully meet project deadlines.
High attention to detail, especially towards ensuring data integrity.
A solid sense of professional accountability.
Excellent customer service skills.
Preferred but not required:
Extensive knowledge of the mortgage industry.
Experience with MS Access.
Experience developing reports.
A CPA.
What's In It for You
High visibility -- the exact parameters of this role will evolve moving forward, but we expect you will interact with and learn from senior leaders with deep industry experience, such as the Senior Vice President (SVP) and Chief Accounting Officer (to whom you will report), SVP of Secondary Marketing, Treasurer and others.
Great environment -- throughout Prospect you'll find an optimistic work culture and people committed to succeeding and growing, and having fun in the process. The Accounting group, made up of bright, energetic professionals who work well together, is collegial and free of bureaucracy and politics.
Technology at the core -- we're always looking for new opportunities to translate technology into efficiencies that improve performance and control costs, and Accounting in particular has taken great strides in this area. We are committed to using the latest technologies to maintain our competitive advantage, and you'll learn new technologies and skills right along with us.
Fresh, competitive business model -- as the dust settles following the mortgage industry shakeup, the companies that are proving to be successful are entrepreneurial and agile, and Prospect is leading that revolution. We are purchasing defunct retail platforms (for example, we recently acquired about 70 Indymac branches) to create a nationwide footprint. And we're doing business and growing quickly: new home sales are up, and low interest rates have ignited a boom in re-financing.
Excellent compensation -- in addition to a competitive salary we offer comprehensive benefits.
More About Your Role
You will join an Accounting group of five and your primary focus will be on performing analyses related to the determination of fair value of financial assets, including derivatives, hedge instruments, valuation of lot commitments, mortgage loans held for sale, and more. You also will help develop and run regular reports to be distributed to senior management.
Once you are up to speed with this process, you will take on additional responsibilities that have yet to be determined. Most likely they will provide opportunities for you to leverage your analytical skills, but they may be in any area of accounting.
Keys to Success
To excel in this role you will:
Pay careful attention to detail without losing sight of the big picture and how those details fit in.
Bring a logical approach to all your activities, including solving problems.
Be comfortable getting in front of senior executives, presenting your findings, and responding to questions.
Keep an eye out for opportunities to improve processes and efficiencies. Remain flexible as your role and responsibilities continue to evolve.
If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!
Who We Are
When others see nothing but a downturn in the mortgage industry, Prospect sees opportunity. We understand how to grow for long-term results. We recognize individual companies that have the talent and tools for success. With fresh capital, cost-efficient scale, and decades of mortgage know-how, we are building a network of excellence coast-to-coast that combines the perfect blend of centralized strength and localized entrepreneurialism and leadership.
Opportunity Snapshot
This newly created role offers you the opportunity to leverage your analytical skills at a growing, profitable and innovative retail mortgage lender. You will provide greater analytical focus to the assumptions that go into our accounting entries related to Standards of Financial Accounting Statements (SFAS) 157 and 159, and contribute in other areas. In the process you'll interact with and generate reports for senior decision makers. While many in this market are closing their doors, Prospect Mortgage is growing strong, leveraging a solid national sales infrastructure, talented senior leadership, and solid capital backing. We've created a team-oriented, energetic, and upbeat culture with a focus on success.
To be a good fit for this opportunity you will have at least four years of experience as an Accountant, ideally in mortgage banking, and a solid understanding of GAAP. You also will need experience with SFAS 157 and SFAS 159. We're looking for a professional with the interpersonal and communication skills to meet with the CEO or other executives and explain analytical results. In addition you will need solid skills in MS Excel and experience with enterprise accounting software (we use JDEdwards).
Established in 2006, Prospect Mortgage specializes in acquiring midsized residential lenders, providing them with capital, cost-efficiencies, and increased resources while maintaining a decentralized, entrepreneurial business model.
What Else You'll Bring to the Table
In addition to the qualifications detailed above, you'll need:
A bachelor's degree from a four-year college/university in Accounting, Finance, or other relevant field.
Excellent analytical, logical reasoning and problem solving skills.
Strong organizational skills and the ability to plan and prioritize activities.
The ability to:
Effectively foster and contribute to a team environment.
Be successful in a fast-paced, continuously changing environment with demanding turnaround times.
Manage and contribute to multiple simultaneous projects.
A proven self-starter approach with a track record of working independently to successfully meet project deadlines.
High attention to detail, especially towards ensuring data integrity.
A solid sense of professional accountability.
Excellent customer service skills.
Preferred but not required:
Extensive knowledge of the mortgage industry.
Experience with MS Access.
Experience developing reports.
A CPA.
What's In It for You
High visibility -- the exact parameters of this role will evolve moving forward, but we expect you will interact with and learn from senior leaders with deep industry experience, such as the Senior Vice President (SVP) and Chief Accounting Officer (to whom you will report), SVP of Secondary Marketing, Treasurer and others.
Great environment -- throughout Prospect you'll find an optimistic work culture and people committed to succeeding and growing, and having fun in the process. The Accounting group, made up of bright, energetic professionals who work well together, is collegial and free of bureaucracy and politics.
Technology at the core -- we're always looking for new opportunities to translate technology into efficiencies that improve performance and control costs, and Accounting in particular has taken great strides in this area. We are committed to using the latest technologies to maintain our competitive advantage, and you'll learn new technologies and skills right along with us.
Fresh, competitive business model -- as the dust settles following the mortgage industry shakeup, the companies that are proving to be successful are entrepreneurial and agile, and Prospect is leading that revolution. We are purchasing defunct retail platforms (for example, we recently acquired about 70 Indymac branches) to create a nationwide footprint. And we're doing business and growing quickly: new home sales are up, and low interest rates have ignited a boom in re-financing.
Excellent compensation -- in addition to a competitive salary we offer comprehensive benefits.
More About Your Role
You will join an Accounting group of five and your primary focus will be on performing analyses related to the determination of fair value of financial assets, including derivatives, hedge instruments, valuation of lot commitments, mortgage loans held for sale, and more. You also will help develop and run regular reports to be distributed to senior management.
Once you are up to speed with this process, you will take on additional responsibilities that have yet to be determined. Most likely they will provide opportunities for you to leverage your analytical skills, but they may be in any area of accounting.
Keys to Success
To excel in this role you will:
Pay careful attention to detail without losing sight of the big picture and how those details fit in.
Bring a logical approach to all your activities, including solving problems.
Be comfortable getting in front of senior executives, presenting your findings, and responding to questions.
Keep an eye out for opportunities to improve processes and efficiencies. Remain flexible as your role and responsibilities continue to evolve.
If this sounds like the right mix of challenge and opportunity for you, and you meet the minimum qualifications, we want to hear from you!
Who We Are
When others see nothing but a downturn in the mortgage industry, Prospect sees opportunity. We understand how to grow for long-term results. We recognize individual companies that have the talent and tools for success. With fresh capital, cost-efficient scale, and decades of mortgage know-how, we are building a network of excellence coast-to-coast that combines the perfect blend of centralized strength and localized entrepreneurialism and leadership.
Prospect Mortgage is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.
