Accountant

ATR International; San Francisco (CA); Hybrid; USD 85,000 - 120,000; Full time

Job summary

ATR International is seeking an accounting professional with a banking/finance background to support hedge accounting processes and general ledger activity in a hybrid San Francisco environment.

The role emphasizes reconciliations, variance analysis, and ensuring accuracy of Workday ledger entries, with opportunities to work on loans, MBS, and investment portfolios. 3–5 years of relevant experience is preferred.

Qualifications

• Must haves: Account Reconciliations, Variance Analysis, Workday financials or similar software
• Nice to haves: Hedge Accounting, Loan Accounting
• Years of Experience: 3-5 years of relevant experience

Responsibilities

• Perform accounting support activities related to designated hedge accounting processes, including preparation of supporting schedules, account reconciliations, journal entry support, and documentation of accounting workflows, as assigned during periods of resource coverage.
• Validate MPF loan commitments, funding activity, principal and interest remittances, credit enhancement fees, and related accounting transactions by comparing source system reports to accounting records and investigating identified discrepancies.
• Prepare and post journal entries for income, expenses, premium and discount amortization/accretion, fair value adjustments, hedge accounting, nonperforming loans, loan loss reserves, charge-offs, and REO accounting.
• Execute monthly FAS 91/FAS 149 processing and support accounting for loans, MBS, and investment portfolios.
• Perform account reconciliations, period-over-period variance analyses, and investigation of accounting and reporting discrepancies, including documenting explanations for material fluctuations.
• Reconcile and certify general ledger accounts in Workday Financials and ensure the completeness and accuracy of accounting records.
• Execute assigned accounting procedures in accordance with documented internal controls and maintain supporting documentation required for management review and audit testing
• Perform hedge inception testing on all new trades, ensuring trades meet the requirement of Bank policies and ASC 815. Perform weekly hedge effectiveness testing and document any failures in accordance with Bank policies and procedures.

Skills

Account Reconciliations

Variance Analysis

Banking/Finance Knowledge

Tools

Workday Financials

Excel

Job description

Hybrid in San Francisco, CA (3 days onsite weekly)

• Perform accounting support activities related to designated hedge accounting processes, including preparation of supporting schedules, account reconciliations, journal entry support, and documentation of accounting workflows, as assigned during periods of resource coverage.
• Validate MPF loan commitments, funding activity, principal and interest remittances, credit enhancement fees, and related accounting transactions by comparing source system reports to accounting records and investigating identified discrepancies.
• Prepare and post journal entries for income, expenses, premium and discount amortization/accretion, fair value adjustments, hedge accounting, nonperforming loans, loan loss reserves, charge-offs, and REO accounting.
• Execute monthly FAS 91/FAS 149 processing and support accounting for loans, MBS, and investment portfolios.
• Perform account reconciliations, period-over-period variance analyses, and investigation of accounting and reporting discrepancies, including documenting explanations for material fluctuations.
• Reconcile and certify general ledger accounts in Workday Financials and ensure the completeness and accuracy of accounting records.
• Execute assigned accounting procedures in accordance with documented internal controls and maintain supporting documentation required for management review and audit testing
• Perform hedge inception testing on all new trades, ensuring trades meet the requirement of Bank policies and ASC 815. Perform weekly hedge effectiveness testing and document any failures in accordance with Bank policies and procedures.

Requirements

• Must haves: Account Reconciliations, Variance Analysis, Workday financials or similar software
• Nice to haves: Hedge Accounting, Loan Accounting
• Years of Experience: 3-5 years of relevant experience

the ideal candidate will be from a Banking / Mortgage Finance / Capital Markets Accounting background with hands-on accounting experience.