Staff Accountant

Mortgage Bankers Association; Washington (District of Columbia); Hybrid; USD 72,000 - 77,000; Full time

Benefits offered by this job

Competitive salary & benefits (Medical

Hybrid work schedule

Professional development opportunities

Job summary

Mortgage Bankers Association in Washington, DC (Hybrid) is seeking a Staff Accountant to support the Accounting and Finance Department with general ledger reconciliation, financial reporting, and audit support. The role processes AR/AP, bank reconciliations, and journal entries to ensure GAAP conformance and policy adherence.

The ideal candidate holds a bachelor's degree in accounting or finance with 2+ years in accounting, preferably in a nonprofit setting, and has experience with NetSuite and

Qualifications

• Bachelor's degree in accounting or finance plus 2+ years accounting experience, nonprofit experience preferred.
• Experience with NetSuite and Aptify AMS is a plus.
• Strong Excel and MS Office skills required.
• Ability to prepare journal entries and apply GAAP principles.

Responsibilities

• Process accounts receivable and/or accounts payable batches.
• Reconcile accounts payable and accounts receivable sub-ledger.
• Generate monthly balance sheet reconciliations and prepare journal entries.
• Update fixed asset schedules and depreciation/amor­tization entries.
• Support annual audit process with documentation.
• Review budgets and assist with variance analysis and 1099 records.

Skills

Interpersonal skills

Written & verbal English

GAAP knowledge

Spreadsheet & analytical skills

Excel & MS Office

Education

Bachelor's degree in accounting or finance

Tools

NetSuite

Aptify AMS

Job description

Position Title: Staff Accountant

Location: Washington, DC (Hybrid)

Department: Finance & Accounting

Description

As the leading advocate for the real estate finance industry, MBA is committed to providing our members with unmatched value and unparalleled benefits. In doing so, we recognize that our most valuable resource is our employees. MBA prides itself on sourcing top talent from all fields and is committed to investing in a culture where communication is essential, diverse voices are encouraged, and embrace inclusion for all.

• Competitive salary and benefit packages including Medical, Dental, and Vision.
• Hybrid work schedule that supports work-life balance
• Professional development opportunities

If you are looking for a career-defining opportunity, share similar values, and are ready to make a difference in the real estate finance industry, look no further.

Position Summary

Position will assist the Accounting and Finance Department with general ledger reconciliation and account maintenance, as well as financial reporting and audit support. Under daily supervision, the position's responsibilities include processing accounts receivable/payable, preparing monthly bank reconciliations, analyzing, reconciling, and maintaining MBA data for fixed assets, payables, receivables, and producing journal entries as may be appropriate. The position ensures accounting procedures conform to generally accepted accounting principles (GAAP) and company policy.

Duties and Responsibilities

• Processes accounts receivable and/or accounts payable batches.
• Reconciles accounts payable and/or accounts receivable sub-ledger.
• Generates monthly reconciliation of balance sheets, ensuring prepaid and accrual accounts are maintained appropriately. Prepare journal entries as needed for maintaining the accuracy of the financial statements. Prepare accruals for the month-end close.
• Updates fixed asset inventory schedules and recording of related depreciation and amortization.
• Constructs necessary schedules and gathers supporting documentation for the annual audit process, as well as for any ad hoc project reviews.
• Uploads the departmental expense budgets annually and/or as revised and assists with reviewing budget variances. Ensures 1099 records are accurate and issues IRS forms 1099 annually.
• Elaborates on accounting policies and procedures, as needed, in response to staff inquiries.

Qualifications

Requires a bachelor's degree in accounting or finance plus a minimum of two (2) years progressively responsible experience in accounting operations, with one (1) year or more in a nonprofit organization. Prior experience with sales and use tax returns is desired. Experience with NetSuite accounting software and Aptify AMS is a plus.

Competencies

• Requires excellent interpersonal skills and strong and effective communication, both internally and externally.
• Requires well-developed written and verbal English communication skills to effectively interact with staff regarding detailed financial information and to translate business-related inquiries into financial matters.
• Requires proven knowledge of automated accounting systems and reporting tools.
• Requires strong spreadsheet and analytical skills
• Requires proficiency in Excel and other Microsoft Office applications.
• Ability to identify payables that should be taxed and to prepare timely sales and use tax returns.

The current recruitment range for this role is $72,000 - 77,000

All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or based on disability.

MBA is an E-Verify employer. Please note that MBA will not sponsor employment.