What are the responsibilities and job description for the Senior Accountant, Lending position at Starwood Property Trust?
Job Duties and Responsibilities:
- Prepare all accounting entries related to assigned areas, including debt, derivatives, RMBS, CMBS, and Commercial loans and ensure the accuracy of accounts and balances
- Prepare monthly debt service entries and ensure all loan collections are accounted for and repo debt payments are paid monthly
- Collaborate and review Servicing draw entries and Treasury repo debt entries based on supporting documentation from each department
- Prepare journal entries from external property manager files for the foreclosed properties; review activity and work with external property managers to update accounting entries as necessary
- Prepare monthly variance explanations for significant fluctuations of Actual to Plan and Prior Period, as used in our Flash meetings
- Prepare quarterly and year-end financial schedules and related footnotes with strict adherence to departmental deadlines, as well as quarterly board slides
- Make recommendations to improve existing processes and assist in the implementation
- Prepare IRR calculations for paid in full loans
- Prepare audit requests for the Company’s external auditors
- Assist with special projects/requests as necessary
Knowledge and Skills:
- Strong analytical and organizational skills, and work efficiently under tight deadlines
- Must be detail oriented with good communication and interpersonal abilities
- Proficient in MS Excel
- PeopleSoft and nVision experience is a plus
- Skilled in the analysis and explanation of variances and the ability to dig in to the details to understand financial transactions
Education and Experience:
- Bachelor’s degree in Accounting (Masters preferred)
- Must be a CPA or in process of completion
- Must have 2 to 4 years mix of National Public Accounting Firm and industry
