Senior Associate Accounting

Trimont; Hyderabad; On-site; INR 700,000 - 900,000; Full time

Job summary

Trimont in Hyderabad is seeking an Account Reconciliation and Investor Reporting (ARIR) professional to manage reconciliation of Demand Deposit and general ledger accounts for Commercial Mortgage servicing, and to prepare investor reports and operational data for reporting. The role requires 5+ years of operational accounting, strong communication, and the ability to work in a fast-paced environment.

Shift timing is 5.30 pm - 02.30 am (HYD & BLR), with opportunities to contribute to risk

Qualifications

• 5+ years of operational accounting experience
• Strong verbal and written communication skills
• Ability to work in a fast-paced, high-volume environment
• Detail-oriented with strong organizational skills
• Ability to work independently and in a team

Responsibilities

• Perform operational accounting activities related to account reconciliation and maintenance.
• Provide operational accounting support to internal business groups or operations departments to ensure accounts are managed within policy.
• Prepare and review account reconciliations and certifications.
• Perform customer account maintenance duties.
• Evaluate operational accounting transactions and maintenance of controls.
• Prepare Critical Investor reports for Final customer use.
• Reconcile funds to remit to Trust based on borrower payments.
• Prepare and reconcile Advance reports and recon for regulatory purpose.
• Collaborate with peers, colleagues and managers to resolve issues and achieve goals.
• Handle complex queries and liaise with Asset Management team/LOB for final disbursement of funds.
• Record Authentication forms and certificates of authority with Trust and third-party servicers.
• Identify risk exposure and implement controls to mitigate risk.
• Exhibit detail-oriented skills to prevent loss and ensure accuracy.
• Maintain professional conduct at all times.
• Support process expansion and cross-functional improvements.
• Be flexible to work shifts and ensure timely deliverables.

Skills

Communication

Attention to detail

Time management

Teamwork

Privacy & security

Tools

Strategy Loan accounting system

Job description

Overview

Founded in 1988 and headquartered in Atlanta, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit.

We do this with a team of 1100+ extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York, Sydney, Hyderabad and Bangalore. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.

Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.

Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.

Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.

Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members as an organization, can achieve together.

Job Summary

Account Reconciliation and Investor Reporting (ARIR) process is responsible for reconciliation of various Demand Deposit accounts, General Ledger accounts and Zero balance accounts in Commercial Mortgage servicing, it also includes the review of customer financials and maintenance, Preparation of Investor reports, preparation of operational & financial data for reporting. This process involves in reconciling remittance amounts and sending the wires to Trust per the PSA timelines.

Responsibilities

• Perform operational accounting activities related to account reconciliation and maintenance.
• Provide operational accounting support to internal business groups or operations departments to ensure that accounts are being managed within the account policy requirements.
• Prepare and review account reconciliations and certifications.
• Perform customer account maintenance duties.
• Evaluate the operational accounting transactions and maintenance of operational accounting controls.
• Prepare Critical Investor reports for Final customer use.
• Reconcile funds to remit to Trust basing on borrower payments.
• Prepare and reconcile Advance reports and recons for regulatory purpose.
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
• Handle complex queries and liaise with the Asset Management team/LOB for final disbursement of funds.
• Communicate with Trust, third party servicers and other CMS teams to establish and record Authentication forms and certificate of authority
• Identify risk exposure in the process and able to come up with controls to ensure mitigation of risk.
• Exhibits detail-oriented skills to ensure zero/near ops loss situations.
• Demonstrates/maintains professional conduct under all circumstances.
• Support in process expansion
• Work on cross-functional support and process efficiencies.
• Flexibility to work in shifts and ensure timely completion of deliverables.
• High sense of accountability.

Required Qualifications

• 5 years+ months of Operational Accounting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Strong verbal and written communication skills are crucial for engaging with candidates and hiring managers.
• Demonstrated capacity to achieve results in a fast-paced, high-volume, and dynamic setting.
• Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands.
• Strong work ethic and a sense of urgency.
• Skilled in managing sensitive information while upholding privacy.
• Handling workload and special projects efficiently.
• Ability to work both independently and within a team environment.

Desired Qualifications

• Knowledge and experience in Commercial Mortgage Servicing including Investor Reporting to Trust, Remittance and Reconciliation of funds.
• Ability to interpret and understand the Loan documents, Loan Servicing Agreements and language pertaining to the requirements for Sub Servicing Agreements and Pooling & Servicing Agreements.
• Knowledge of Strategy Loan accounting system a major plus.
• Good knowledge of Sub Servicing reporting, reserve reporting, delinquency reporting, Collections account statement reporting and Watch list reporting.
• Experience in calculating Appraisal Reduction Amounts, ASERs.
• Ability to review loan agreements, manage inventory and continuously coordinate with special servicers.
• Experience in handling Realized Losses.
• Excellent comprehension and communication skills coupled with the ability to interact with LOB during calls and gain their confidence.
• Experience in handling escalations from the borrowers/stakeholders
• Ability to multi-task working on multiple sub-queues / activities within the process.

Standard Shift Time

• 5.30 pm - 02.30 am (HYD & BLR).

Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.