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Banking Jobs in Pearl+City, HI within the last 30 days

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HI
Honolulu

Mortgage Banking Accounting Manager

Bank of Hawaii   7/13
Details: Position Overview The Mortgage Banking Accounting Manager is responsible for managing and overseeing all accounting and financial responsibilities of the Bank's mortgage banking line of business.  This position is located within the Controllers Department in Kapolei, Hawaii. Position Responsibilities Mortgage Banking AccountingManages the accounting activities of the Mortgage Banking Division, including but not limited to:  accurate accounting of loan funding and timely recording and disbursement of loan proceeds to escrow companies. Responsible for the general ledger accounts for all cost centers within the Division.  Ensures that general ledger accounts are balanced and reconciled timely and that any differences or discrepancies are researched and resolved within an appropriate time frame. .  Monitors controls to ensure that all clearing and suspense accounts are cleared and reconciled properly and on a timely basis.  Makes recommendations/decisions relative to adjustments and charge-offs.  Escalates accounting issues to the Division Manager and Controllers Department.  Coordinates activities and works closely with other Mortgage Banking Departments that impacts the general ledger and financial reporting.  Determines month-end expense accruals.  Track and report incentive compensation plans Communication and Internal PartnershipEnsures that the Mortgage Banking Division's accounting activities are in accordance with Generally Accepted Accounting Principles (GAAP).  Develops documents and communicates accounting policies and procedures throughout the Division.  Ensures timely and effective communication between the Controllers Department and the Mortgage Banking Division.  Responsible for technical/GAPP accounting standards as it relates to the Mortgage Banking Division; including but not limited to Statement of Financial Accounting Standard's 65, 91,133, and 140. Reviews the monthly valuation and impairment analysis of the purchased and originated mortgage servicing rights performed by the Treasury department.  Works with the Treasury department to periodically review and update key assumptions used in the valuation model.  Works with the Secondary Marketing department to ensure that the month-end mark-to-mark valuation on the Loan Pipeline is accurate, complete, and reported timely.  ReportingProduces MIS reports for management to facilitate production and servicing analysis.  Identifies and tracks all pertinent mortgage metrics needed for internal management reporting. Performs analysis to assist management in strategic business decisions.  Participates in the monthly management reporting process.  Produces the monthly financial forecast and mortgage loan production forecast.  Assists the Management Reporting Analyst to research and explain budget variances.  Coordinates and reports the key performance indicators for the Quarterly Performance Report.  Coordinates other forecasts and outlooks.  Coordinates annual budget.  Communicates strategic issues to the Controllers Department. Personnel ManagementResponsible for management and supervision of employees in the Mortgage Banking Division's Accounting Department including staffing, compensation, performance management, training and development, succession planning, and affirmative action.  Strive to attract, retain and motivate employees to achieve corporate objectives and to maintain favorable employee relations.  Responsible for the timely and effective management of HR requirements for the staff.

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