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Cash & Mortgage Processing Associate

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10003
Country
United States

This job is no longer active.

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

                 

 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Accounting / Control Office New York Full Time NY Accounting / Control, Mortgage Controller other