Accounting Analyst II

Job description

Candidate Value Proposition

• The successful candidate will have the opportunity to grow within a respected global financial institution. You'll connect with professionals across teams and regions, building relationships that support your long-term career growth. With a focus on innovation and continuous improvement, the role encourages you to challenge norms and make meaningful contributions. Plus, invests in your development, offering learning opportunities and pathways to advancement.

Mortgage Cash & Tax Analyst

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Key Responsibilities:

• Perform accurate and timely transfer of cash between operational and borrower individually held bank accounts

• Prepare and wire funds to 3rd party investors according to contractual obligations

• Review, reconcile and prepare weekly and monthly correspondent reports and remit fees as per contractual obligations

• Cashiering: moving funds between bank accounts

• Reconciliation: perform regular reconciliation between bank and system balances

• Prepare and peer review of wires and cheques for miscellaneous payments

• Knowledge of commercial tax processes and maintenance of Reserve Accounts

• Assists with tax escrow loans and process payments.

• Investigation of past due property taxes, contact borrowers/tax office for proof of payment

• Perform quality assurance review and sign off for major tax changes and investigations

• Review daily work of other team members for accuracy and completeness

• Work within existing procedures and processes regarding cash handling and adhere to established SOX controls

• Aid other team members and management team as required

• Assume tasks or special projects as required or as directed by management

• Assist in system upgrade/change

Candidate Requirements/Must Have Skills:

• minimum 6 months’ work experience in banking industry in accounting (cash payments, excel sheets, wires)

• Proficient in Excel, with an ability to learn new software/system applications quickly

• Excellent mathematical, problem-solving and interpretive skills

• Ability to work in a time-sensitive environment

Soft Skills:

• Ability to plan, organize & prioritize work to meet deadlines

• Ability to work effectively both independently and in a team environment.

• Good written and verbal communication skills

• Ability to work effectively with others

• Demonstrate integrity and respect

Nice-To-Have Skills:

• Relevant experience in the commercial mortgage operations is an asset

• Good knowledge of property tax and banking processes preferred

Education:

• Post-secondary education required