Senior Loan Accountant

Position Overview

The Senior Loan Accountant plays a key role in managing the accounting and financial reporting for the company’s mortgage loan portfolio. This position ensures the accuracy of loan-level data, general ledger postings, and reconciliations while maintaining compliance with GAAP and regulatory requirements. The ideal candidate has a strong background in mortgage accounting, loan servicing, and secondary market transactions, with the ability to work collaboratively across departments such as Loan Servicing, Secondary Marketing, and Treasury.

Key Responsibilities

Loan Accounting & General Ledger

Record and reconcile all mortgage loan transactions including funding, sales, servicing transfers, payoffs, and investor remittances.

Maintain accurate loan-level accounting in the general ledger and sub-ledger systems.

Review and reconcile loan balances, escrows, advances, and investor accounts on a monthly basis.

Ensure appropriate recognition of loan origination fees, premiums / discounts, and servicing assets or liabilities in accordance with GAAP.

Financial Reporting & Analysis

Assist with month-end close activities, including journal entries, account reconciliations, and variance analysis.

Prepare loan portfolio reports, pipeline summaries, and gain / loss analyses for management and external auditors.

Support preparation of financial statements and disclosures related to mortgage loans and servicing rights.

Operational & Compliance Support

Collaborate with Loan Operations, Secondary Marketing, and Servicing to resolve loan-level discrepancies.

Ensure compliance with investor, regulatory, and company accounting policies.

Assist with audit requests and examinations (internal, external, and regulatory).

Participate in system enhancements, process improvements, and automation initiatives.

Qualifications

Education : Bachelor’s degree in Accounting, Finance, or related field required; CPA or progress toward CPA preferred.

Experience :

4+ years of progressive accounting experience, with at least 2 years in the mortgage banking or financial services industry.

Strong understanding of loan accounting , servicing , and secondary market transactions .

Experience with Oracle Fusion  highly preferred or other large ERP systems.

Technical Skills : Proficient in Excel and accounting systems; knowledge of GAAP and mortgage accounting principles.

Soft Skills : Strong analytical and problem-solving skills, attention to detail, and ability to work under deadlines in a fast-paced environment.

Determining compensation for this role (and others) at Vaco / Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco / Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here .

• Virginia residents may access our state specific policies here .
• Residents of all other states may access our policies here .
• Canadian residents may access our policies in English here and in French here .
• Residents of countries governed by GDPR may access our policies here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to :

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.