Senior Mortgage Accounting Lead – Remote

Newfi; Emeryville (CA); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation package

401(k) matching

Medical, dental, and vision coverage

Leadership development & career growth

Flexible remote work environment

Job summary

Newfi Lending is seeking a seasoned Senior Accountant to support mortgage accounting, investor reporting, servicing activity, and warehouse reconciliations. This role coordinates with investors, servicers, and internal Finance leadership to ensure accurate financial reporting and timely month-end close.

The candidate will manage loan-level accounting, EPP allocations, and various reconciliations while driving process improvements and maintaining strong controls within a remote-friendly,

Qualifications

• 5+ years of progressive accounting or finance experience, preferably within mortgage banking, servicing, wholesale, or financial services.
• Bachelor’s degree in Accounting, Finance, Business Administration, or related field preferred.
• Strong understanding of general ledger accounting, journal entries, accruals, cash activity, and balance-sheet reconciliations.
• Experience with mortgage-specific accounting, including investor reporting, servicing, warehouse activity, loan funding, or loan-level accounting.
• Strong analytical, organizational, and problem-solving skills.
• Advanced Excel skills and experience working with financial and loan-level data.
• Ability to manage multiple deadlines and communicate effectively with internal and external partners.

Responsibilities

• Reconcile monthly P&I and escrow remittance reports and verify amounts due between Newfi and investors.
• Prepare investor remittance reporting, coordinate wire requests, and record applicable loan-level journal entries.
• Research investor remittance discrepancies and follow up on outstanding reimbursements.
• Review servicing invoices and escrow disbursements, identify discrepancies, and record related receivables.
• Serve as a primary Accounting point of contact between investors, servicers, and Newfi.
• Post investor payments, invoices, repurchase activity, and related cash entries in Loan Vision.
• Manage accounting for Early Payment Payoff (EPP) loans, including reclassifications, accruals, holdbacks, and tracking.
• Support FHA/VA mortgage insurance premium payments, buydown funding, and related journal entries.
• Participate in warehouse meetings and support funding and cash-related accounting activity.
• Perform bank, warehouse, investor LHFS, and investor warehouse reconciliations.
• Prepare EPP and escrow accruals.
• Reconcile loan funding activity between loan systems, warehouse facilities, and general ledger accounts.
• Reconcile assigned accounts including Accounts Receivable, Accounts Payable, Investor Payables, and purchase clearing.
• Research and resolve reconciling items and support timely month-end close.
• Create and maintain accounting procedures for investor remittance, EPP, and related processes.
• Maintain accurate supporting documentation for reconciliations, journal entries, and accruals.
• Identify process improvements that strengthen controls, improve accuracy, and support efficient close timelines.
• Partner with the Controller and cross-functional teams on accounting initiatives and special projects.

Skills

Accounting

Excel

Analysis

multitask management

Education

Bachelor's degree in Accounting/Finance/Business

CPA or advanced degree (preferred)

Tools

Loan Vision

Job description

Newfi Lending is seeking a seasoned Senior Accountant to support mortgage accounting, investor reporting, servicing activity, and warehouse reconciliations. This role coordinates with investors, servicers, and internal Finance leadership to ensure accurate financial reporting and timely month-end close.

The candidate will manage loan-level accounting, EPP allocations, and various reconciliations while driving process improvements and maintaining strong controls within a remote-friendly,