Administrator, Mortgage Accounting - Toronto, Canada - First National Financial

First National Financial

Verified Company

Toronto, Canada

6 days ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Working together to be our best
First National is Canada's largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988.

Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members.

Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork, First National team members are supported to lead, learn and grow.

We are hiring an Administrator, Mortgage Accounting - Reconciliation

Reporting To:
Supervisor, Mortgage Accounting

**Full-Time/Part

Time**: Fulltime

Posting Date:
August 3, 2023

Closing Date:
August 18, 2023

Hours of Work: 8:30 a.m. - 5:00 p.m.

Grade: 4

Office Location:
Toronto Great location Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities

Eligibility for benefits is dependent on the terms of employment

The Opportunity:

The Reconciliation Administrator is responsible for determining the reconciliation item to be cleared in various general ledger accounts, investigating these items and ensuring the reconciling item is processed in a timely manner.

Run mortgage system queries to identify 1103 cash clearing postings
Download and review all 1103 cash clearing entries posted to trust account daily
Reconcile 1103 general ledger entries to mortgage system transactions
Prepare daily reconciliation report identifying reconciliation items
Follow up daily with staff to clear outstanding reconciliation items
Scan and save daily reconciliations for audit purposes
Retain daily 1103 reconciliation record until annual audit complete
Produce daily advance query and post to resulting general ledger accounts
Set up and transfer funds from/to general and trust account daily
Reconcile and prepare remittance report of mortgage insurance premiums weekly
Follow up with insurers if refund due on cancelled loans
Complete other GL reconciliations as assigned
Adhere to policies /procedures to ensure AML requirements are met, when applicable
Work on special projects as assigned by the Management team

The Requirements Needed:

Post secondary education with a focus in Accounting and/or equivalent work experience preferred
Strong analytical and reconciliation skills
Strong organizational skills and demonstrated ability to prioritize and multitask
Strong communication skills
Strong analytical skills
Knowledge of Excel

Why join First National?

Bright open concept office environment
Large kitchens with a coffee and latte maker to enjoy at no cost
Supportive teamwork focused environment
Collaborative entrepreneurial spirit
Opportunities to give back to the communities and work through events focused on a variety of charities
Ongoing social events throughout the year
Extensive training programs to set our employees up for success

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.

FNLOON