Accounting Manager

Spring EQ, LLC; Philadelphia (Philadelphia County); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Spring EQ, LLC is seeking an Accounting Manager to lead the accounting team and oversee the monthly close, general ledger, and financial reporting for mortgage origination and servicing activities.

You will ensure GAAP compliance, strengthen internal controls, and collaborate with Finance, Treasury, Capital Markets, and Operations to drive process improvements and strategic initiatives in a growing mortgage organization.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• CPA preferred but not required.
• 5+ years of accounting experience in mortgage/financial services.
• Knowledge of GAAP and mortgage regulatory requirements (RESPA, HMDA).

Responsibilities

• Oversee monthly close and financial reporting for mortgage operations.
• Manage general ledger and reconciliations.
• Develop GAAP-compliant policies and internal controls.
• Prepare statements, variance analyses, and management reports.
• Lead and mentor the accounting team.

Skills

GAAP knowledge

Mortgage accounting

MSRs

Internal controls

Financial reporting

Team leadership

Education

Bachelor's degree in Accounting, Finance, or related field

CPA certification (preferred)

Tools

Microsoft Excel

Job description

The Accounting Manager oversees the accounting and financial reporting activities supporting Spring EQ’s mortgage origination and servicing operations. This role is responsible for leading key accounting functions, including the monthly close process, general ledger management, account reconciliations, financial reporting, and internal controls, while ensuring compliance with GAAP and applicable industry regulations.

As a trusted business partner, the Accounting Manager collaborates closely with Finance, Treasury, Capital Markets, Loan Servicing, Compliance, and Operations to provide financial insights, enhance processes, and support strategic business initiatives. This position offers significant visibility to leadership and the opportunity to drive finance transformation, process automation, and operational excellence within a growing mortgage organization.

Duties/Responsibilities

• Oversee accounting for mortgage loan originations, loan sales, warehouse financing facilities, servicing activities, and related balance sheet accounts.
• Manage and coordinate the month-end close process to ensure timely and accurate financial reporting.
• Develop, document, and maintain accounting policies and procedures to ensure consistent application of GAAP and support operational scalability.
• Prepare and review monthly, quarterly, and annual financial statements, management reporting packages, variance analyses, and ad hoc financial analyses while ensuring compliance with GAAP and regulatory requirements.
• Oversee general ledger activities, including journal entry preparation and review, account reconciliations, and management of mortgage-related accounts.
• Investigate, analyze, and resolve accounting discrepancies while partnering with operational and finance teams to identify root causes and implement corrective actions.
• Lead, mentor, and supervise a team, providing coaching, performance management, and professional development while ensuring quality, accuracy, and continuous improvement in mortgage accounting processes.
• Maintain compliance with GAAP, mortgage industry regulations, and company policies through effective internal controls, regulatory reporting, and monitoring of accounting procedures.
• Assist in internal and external audit processes by providing necessary documentation, reports, and analysis for auditors.
• Lead process improvement initiatives, including system enhancements, automation opportunities, and implementation of financial technologies to improve efficiency, controls, and reporting accuracy.

Required Skills/Abilities

• Knowledge of accounting principles, GAAP, and financial reporting standards.
• Expertise in warehouse lending, mortgage servicing rights (MSRs), and loan sale accounting.
• Meticulous attention to detail, with the ability to identify discrepancies, review complex reconciliations, and ensure accuracy of financial reporting and mortgage-related transactions.
• Demonstrated problem‑solving capabilities to resolve accounting issues related to mortgage transactions, loan servicing, and account reconciliations.
• Ability to collaborate effectively with cross‑functional teams to identify root causes of discrepancies and implement corrective actions.
• Analytical skills to evaluate financial data and provide actionable insights that support business performance and decision‑making.
• Excellent organizational and time management abilities, with the capacity to manage competing priorities and meet month‑end, quarter‑end, and year‑end reporting deadlines.

Education and Experience

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• CPA (Certified Public Accountant) certification is preferred but not required.
• 5+ years of accounting experience, preferably in the mortgage or financial services industry.
• Experience with mortgage accounting, loan servicing, and financial reporting.
• Knowledge of GAAP and mortgage‑specific regulations (e.g., RESPA, HMDA).

Physical & Mental Abilities Requirements

Physical Abilities:

• Office Environment: Ability to work in an office or hybrid environment, with extended periods of sitting and using a computer to input and analyze data.
• Technology Use: Proficiency in using office software (e.g., Microsoft Excel, Word) and accounting software to perform financial calculations, reports, and data management.
• Communication: Frequent verbal and written communication via email, phone, and video conferencing to interact with internal teams and external partners (e.g., auditors, vendors).
• Minimal Travel: Occasional travel for training, conferences, or meetings may be required.

Legal Disclosures

• At‑will employment statement: Employment with Spring EQ is at‑will, meaning either the employee or the company may terminate the employment relationship at any time, with or without cause or notice, in accordance with applicable law.
• Non‑Exhaustive Disclaimer: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position. Duties and responsibilities may be modified at any time based on business needs.
• Background/ Compliance Statement: This position may be subject to background screening, including credit, criminal, and/or regulatory checks, in accordance with applicable laws and business requirements.
• Data Confidentiality/ Ethics Clause: Employees in this role are expected to maintain strict confidentiality of financial and customer information and adhere to all company policies and regulatory requirements regarding data protection and ethical conduct.
• Equal Employment Opportunity - Spring EQ is an Equal Employment Opportunity Employer. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.
• Americans with Disabilities Act (ADA) - Accommodations are available to enable individuals with disabilities to perform essential job functions, as required by law.