Intermediate Accountant- Management Reporting & Budgeting

Position Title:  Intermediate Budget and Cost Accountant (Non – LO – No Consumer Contact)                      

Reports to:  Budget and Cost Accounting Supervisor     

  Job Status:  ­­­­­­­­­­­­­­­­­­Full Time/Salary

Amount of Travel:  As Needed                                                                                                  

Department:  Operations

Vanderbilt Mortgage and Finance, Inc. (VMF) was established in 1974 and currently services over 150,000 loans. Our strength as an organization is rooted in the quality of our people and products. We are an equal opportunity employer committed to creating a diverse workforce.  Furthermore, we are financially strong, with a reputation for leading the industry with unsurpassed products, a broad range of services, and a coast-to-coast presence.  We are professionally strong, from entry level to more experienced positions, we are actively recruiting individuals who are passionate, positive, and eager to learn. As a member of our team, we will equip you for success. You will enjoy excellent benefits, opportunities for growth, and an encouraging culture that supports work-life balance.

The Intermediate Budget and Cost Accountant is responsible for performing a set of planning, forecasting, budgeting, and analytical activities that support a company’s major business decisions and overall financial health by helping to combine financial data, operational data, and external data (like market trends) in one place and provide analysis to plan for the future and guide more profitable decision-making while, also, providing support to ERP System modernization efforts.

Month-end Reconciliation Process

• Prepares various reports and calculations that assists with the analysis and recording of Current Expected Credit Loss in compliance with ASU 2016-13 on a monthly basis
• Prepares monthly analysis relating to the foreclosure valuation adjustment and records corresponding entries
• Composes monthly budget to actual profit and loss statements of different products and documents any abnormal activity
• Assists with compilation of interim and yearly audit selections from inhouse and 3rd party auditors
• Prepares quarterly analysis pertaining to Servicing Rights to present to senior management

Profit Cost Analysis

• Prepares monthly reports and analysis for different business units’ leaders
  • Creates individual business unit reports based on the allocations of profit and costs through the Profit Cost Module system
  • Prepares Product Line Profit and Loss statements
  • Prepares Servicing and Originating Costs reports
• Distributes approved reports and fields questions from business unit leaders
• Produces ad hoc reports using the profit cost module
• Works to identify variances and proactively provide analysis to senior management

Financial Planning

• Supports team with monthly forecasting and yearly budget processes
• Prepares the monthly forecast reconciliation for review, assists with any updates to forecast, and helps identify inconsistencies between EPM data and ERP data
• Assists with gathering updated budget information from various business units during yearly budget season
• Compiles various statistics and metrics monthly to be utilized during forecasting and budgeting

Continuous Improvement

• Assist team with accounting enhancements and modernization projects
• Completes company provided training to stay knowledgeable of current industry standards
• Attend weekly team trainings to further knowledge of team projects, tasks, etc…
• Identifies and recommends areas of opportunity

Other duties as assigned

This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned.

QUALIFICATIONS:                                                                                                

• College degree or advanced degree required in accounting or finance.
• Two to Four years’ experience in accounting related field.
• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Experience with Microsoft Office, specifically Excel.
• Querying Knowledge.
• Effective Communication Skills.
• Attention to Detail
• Organization and Analytical Skills.
• Ability to work in a team environment.
• Motivated and self-starter.
• Quality minded.
• Willing to learn, hard-working, determined, and assertive.

PHYSICAL DEMANDS

• Must be able to remain in a stationary position 75% of the time.
• Ability to operate a computer and other office productivity machinery, such as a telephone, calculator, copy machine, and computer printer.
• Must be comfortable with various forms of communication including but not limited to email, Teams, Zoom, and over the phone.
• Must be able to exchange accurate information at all times.
• Will work in a state-of-the-art indoor temperature controlled, sealed window office environment

BENEFITS:

• Medical and Dental Plan with Prescription Coverage and Vision
• Competitive benefits including 401(K) includes 100% company match of the first 4%
• Paid time off days (PTO), maternity/paternity leave, and holidays
• Community involvement including Volunteer Paid Time Off (VTO)
• Tuition Assistance for your first degree
• Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant
• Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being
• Collaborative and energetic work environment
• Professional development and promotional opportunities
• Competitive bonus programs
• Enjoy flexibility with this Campus Flex position! This hybrid work style offers 2-3 days of remote work and 2-3 days in the office

• A Berkshire Hathaway Company – an integrity-based organization offering unlimited career growth
• Full-time team members have the flexibility to create their own health, dental, and vision benefits package. Vanderbilt Mortgage and Finance, Inc. provides competitive 401(k) programs, including investment options and company matching for full and part time employees after one year to help our team members achieve their financial goals. Additional benefits include paid parental leave, tuition reimbursement, Employee Assistance Programs, and more.
• Vanderbilt Mortgage and Finance Inc. is a subsidiary of Clayton of which is proud to have earned spots on the following Forbes lists: America’s Best Employers, America’s Best Employers by State, Best Employers for Diversity, Best Employers for Women.
• As part of Vanderbilt Mortgage’s commitment to Opening Doors to a Better Life, VMF is now providing paid time for Team Members to volunteer to causes that are meaningful to them through the Clayton Impact program.
• At VMF, we encourage holistic wellness with physical, nutritional, social, financial, spiritual, and occupational programs available online or in-person for team members.
• Our newly renovated Home Office campus offers an onsite restaurant, onsite fitness facility with full gym, in-person and virtual workout classes, yoga/barre studio, volleyball, and basketball courts, walking paths, and a disc golf course.

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