Job Description
POSITION SUMMARY:
The incumbent will be responsible for the financial statements of a key segment of the company, including preparing and maintaining the financial records, day to day accounting and contributing to internal management reporting. This role will also maintain a strong control environment to ensure accuracy of financial information and compliance with Sarbanes-Oxley internal control over financial reporting.
JOB FUNCTIONS AND RESPONSIBILITIES:
• Summarize and report the statement of operations, financial position and changes in financial position and other financial information related to Ocwen’s Servicing department to both internal and external customers.
• Partner and collaborate with Business Partners and Accounting & Reporting Controllers, business/finance contacts and Subject Matter Experts to understand and resolve the US GAAP technical requests and queries and provide leadership accordingly.
• Review of primary financial instruments and transfer related accounting issues.
• Collaborate and review accounting and reporting Memos.
• Coordinate with business partners (e.g., Financial Reporting, Lending, Servicing, Valuation, Chief Investment Office, etc.) to identify, develop and communicate additions or updates to accounting policies.
• Regularly compile updates and formulate opinions on emerging accounting issues related to lines of business for discussion with the CAO.
• Participate in the accounting and reporting functions for Ocwen.
• Ensure monthly closing process and account reconciliations are completed within the preset timelines.
• Devise processes to cut down close timelines by process improvements and automation of information flow from the source to the accounting systems.
• Assist in the development and maintenance of a system of internal controls that are Sarbanes-Oxley compliant.
• Support Company's other functions within the Finance umbrella- such as Tax, Treasury, FP&A, Internal Audit, Corp Strategy, etc.
• Supervise completion of monthly reports to management.
• Support management and business units through the preparation of analytical reports, trend and variance analysis.
• Direct and participate in special projects & process re-engineering efforts.
• Facilitate cost optimization through process improvements and providing inputs to management.
• Liaise with the internal and statutory auditors to provide timely and accurate information.
• Leading the preparation of financials statements of the company under statutory framework of various laws.
QUALIFICATIONS:
• Accounting professional / Controller with minimum 12 years of experience; CA / CPA preferred but not required.
• In-depth Knowledge of US GAAP accounting.
• In-depth knowledge and strong exposure of scrutinization of general ledger and accrual process.
• Strong knowledge of mortgage lending and servicing businesses
• A successful track record of developing strong relationships across a broad range of leadership functions allowing the person to effectively influence and effect change.
• Must have very strong written and verbal communication skills, with the ability to clearly and concisely translate technical accounting terms into simpler form.
• Must have a demonstrated and proven ability to multi-task and meet deadlines in a fast-paced deadline-driven and constantly changing environment.
• Strong people management, leadership and interpersonal skills
The incumbent will be responsible for the financial statements of a key segment of the company, including preparing and maintaining the financial records, day to day accounting and contributing to internal management reporting. This role will also maintain a strong control environment to ensure accuracy of financial information and compliance with Sarbanes-Oxley internal control over financial reporting.
JOB FUNCTIONS AND RESPONSIBILITIES:
• Summarize and report the statement of operations, financial position and changes in financial position and other financial information related to Ocwen’s Servicing department to both internal and external customers.
• Partner and collaborate with Business Partners and Accounting & Reporting Controllers, business/finance contacts and Subject Matter Experts to understand and resolve the US GAAP technical requests and queries and provide leadership accordingly.
• Review of primary financial instruments and transfer related accounting issues.
• Collaborate and review accounting and reporting Memos.
• Coordinate with business partners (e.g., Financial Reporting, Lending, Servicing, Valuation, Chief Investment Office, etc.) to identify, develop and communicate additions or updates to accounting policies.
• Regularly compile updates and formulate opinions on emerging accounting issues related to lines of business for discussion with the CAO.
• Participate in the accounting and reporting functions for Ocwen.
• Ensure monthly closing process and account reconciliations are completed within the preset timelines.
• Devise processes to cut down close timelines by process improvements and automation of information flow from the source to the accounting systems.
• Assist in the development and maintenance of a system of internal controls that are Sarbanes-Oxley compliant.
• Support Company's other functions within the Finance umbrella- such as Tax, Treasury, FP&A, Internal Audit, Corp Strategy, etc.
• Supervise completion of monthly reports to management.
• Support management and business units through the preparation of analytical reports, trend and variance analysis.
• Direct and participate in special projects & process re-engineering efforts.
• Facilitate cost optimization through process improvements and providing inputs to management.
• Liaise with the internal and statutory auditors to provide timely and accurate information.
• Leading the preparation of financials statements of the company under statutory framework of various laws.
QUALIFICATIONS:
• Accounting professional / Controller with minimum 12 years of experience; CA / CPA preferred but not required.
• In-depth Knowledge of US GAAP accounting.
• In-depth knowledge and strong exposure of scrutinization of general ledger and accrual process.
• Strong knowledge of mortgage lending and servicing businesses
• A successful track record of developing strong relationships across a broad range of leadership functions allowing the person to effectively influence and effect change.
• Must have very strong written and verbal communication skills, with the ability to clearly and concisely translate technical accounting terms into simpler form.
• Must have a demonstrated and proven ability to multi-task and meet deadlines in a fast-paced deadline-driven and constantly changing environment.
• Strong people management, leadership and interpersonal skills
💡 Quick Summary
Seeking a career-building opportunity? The Director| Accounting Department position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
