Job Opening: Mortgage Accountant 2

This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4207307

The Mortgage Accountant 2 is responsible for a variety of functions including the preparation and filing of regulatory, external and internal financial reports provided to regulatory agencies and management. Duties also include the preparation of general ledger and other account reconciliations that are more complex in nature, the preparation and recording of general ledger transactions related to the purchase and sale of PMSRs (Purchased Mortgage Servicing Rights) and the coordination of the monthly closing process. The Mortgage Accountant 2 is expected to assist with training and serve as a resource to the Mortgage Accountant 1 position.

1. Complete general ledger and other account reconciliations that are more complex in nature. Specific assignments will vary and will be determined based on the current needs of the department. These accounts will require analysis, research and the clearing of reconciling items. The reconciliations should be completed in a timely manner and according to accounting policy and/or department schedule for reconciliation completion.
2. Prepare accounting entries for PMSR purchase and sale activity. Prepare reconciliations of accounts related to PMSRs/OMSRs (Originated Mortgage Servicing Rights). Work closely with the Flow Acquisition Dept. and Investor Accounting Dept. to ensure all differences are researched and resolved appropriately. Prepare monthly acquisition reports for input into MIAC/DS (Mortgage Servicing Rights valuation software) for modeling and reporting.
3. Coordinate and complete the monthly closing process for Arvest/Central Mortgage Company. This includes preparing the necessary tax accrual and preparing or reviewing all closing entries. Prepare and submit journal entries as needed to make corrections after the books have closed.
4. Provide assistance to the Mortgage Accountant 1s as needed in following up on all significant reconciling items, researching and clearing errors in a timely manner of all reconciliations. Provide inputs and guidance on the completion of internal financial reports, including monthly board reports.Assist with the functions of the Mortgage Accountant 1s as needed.
5. Prepare, distribute and file regulatory financial reports and other external financial reports with appropriate regulatory agencies. Ensure that the regulatory reports are prepared in accordance with applicable regulatory guidelines and/or generally accepted accounting principles. Obtain, organize and maintain supporting documentation for the line items in managements review of the reports with additional information and analysis as needed. Respond to questions and provide information as requested by examiners and auditors.
6. Input or approve Outgoing Wire Transfer requests through the Arvest Wire program and ensure proper approval and documentation are obtained prior to submission.
7. Coordinate audit requests for reports, reconciliations and documentation of accounting records.
8. Understand and comply with bank policy, laws, regulations, and the bank\'s BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.

• Support and uphold the Arvest Mission Statement.
• Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded.
• Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and servi e.
• Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company\'s overall operation.
• Promote professionalism at all times.