What are the responsibilities and job description for the Commissions Analyst position at Waterstone Mortgage Careers?
SUMMARY: Waterstone Mortgage is looking for a detail driven accounting professional who enjoys solving problems, supporting teammates, and keeping financial operations running smoothly. This role works closely with teams across the business, so clear and confident communication is key as you manage meaningful commission and reporting responsibilities. If you bring strong analytical skills, commissions experience and want to make an impact in a growing organization, this role could be the perfect fit for you!
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Calculate commissions and bonuses for semi-monthly payroll
- Answer employee questions related to commission and bonus calculations
- Manage commission reporting system to maintain accuracy and increase efficiency
- Reconcile financial discrepancies by collecting and analyzing account information
- Assist cross functional groups with questions pertaining to commission contracts
- Prepare reports relating to commissions and current loan pipeline for external agencies
- Prepare special financial reports by collecting, analyzing, and summarizing account information and trends
- Complete assigned functions related to Monthly GL close including but not limited to preparing and posting adjusting entries, preparing management reports and analyzing close totals
- Prepare corporate account reconciliations for escrows payables, first payments and prepaids.
ADDITIONAL DUTIES:
- Complete any additional duties assigned by management
- Complete regulatory and compliance training as required
- Assist WMC employees and departments as needed
EDUCATION and/or EXPERIENCE: Bachelor’s Degree in Accounting or Finance is required.
COMPUTER SKILLS: Advanced knowledge of Microsoft Excel is required. Experience in CompenSafe is preferred.
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Individuals in this position shall not engage in loan origination during the course of his/her employment with WMC. Loan origination is defined as (1) taking a residential mortgage loan application; or (2) offering or negotiating terms of a residential mortgage loan for compensation or gain; (3) advertising or communicating to the public that you can perform loan origination services. Please see the Loan Originator Compensation Policy for more details on the definition of loan origination.