Description
Time Equities, Inc. is a full service real estate firm that is seeking a Cash & Mortgage Processing Associate in the Accounting Department.
As the Cash & Mortgage Processing Associate, your responsibilities include, but not limited to:
- Monitor, process and record daily transactions for high number of bank accounts for numerous entities and intercompany relationships.
- Check upcoming cash transactions against current balances to ensure sufficient balances and/or determine need for alternate cash funding.
- Initiate authorized wire transfers and ACH payments via online banking protocols.
- Maintain comprehensive schedule of real estate tax obligations for various state and local municipalities, due dates and payment methods.
- Review and initiate timely real estate tax payments, record cash and escrow payments.
- Service, track and maintain current and accurate mortgage obligations for all properties.
- Maintain comprehensive mortgage payable database to ensure timely debt service payments, trigger event change dates and provide reporting to alert upcoming maturities and pertinent mortgage details.
- Read and abstract key data from new and refinancing mortgage documents; enter details to mortgage payables database for monthly payment servicing.
- Reconcile ongoing mortgage principal, interest, escrow and reserve balances to lender statements.
- Maintain, reconcile, analyze and update related accounting spreadsheets as needed.
Knowledge/Skills/Abilities:
- Strong Excel and Word skills a must.
- MRI experience a plus.
- The qualified candidate will be hardworking, a quick learner, detail oriented and well-organized.
Experience:
- Minimum of 3-5 years of experience in a mortgage related environment
Education:
- Bachelor’s Degree, preferably in Finance or equivalent
This job is no longer active.