Transaction Accountant

Department Description
From the inception of a transaction to its termination, Accounting Operations is responsible for ensuring that all transactions are properly recorded on the Company’s books and applicable sub-systems. This group is responsible for providing accounting and other related information on transactions to other groups within the Company and, when necessary, to the Company’s external auditors. Individuals in the Accounting Operations group are expected to be the expert from an accounting/operations perspective on his/her assigned transactions. This requires in-depth knowledge of the individual transaction, gained from reviewing documents, attending meetings and working closely with the Portfolio Servicing, Portfolio Risk Management and Technical Accounting groups. In addition, individuals in this department must have a thorough understanding of the Company’s products, accounting policies and procedures, internal controls and systems and be able to apply this understanding to his/her job responsibilities.

• Responsible for accounting for individual portfolio and placement transactions, including: Prior to transaction closing, proactively familiarize himself/herself with the transaction, including involvement on deal teams, review of reports, documentation, etc. Provide Accounting review of the funding package just prior to funding – frequently under extremely tight time deadlines Set the transaction up on the lease accounting system or on a Transaction Excel template if the transaction structure cannot fit on lease accounting system On-going accounting during the term of assigned transactions (monthly accruals, review of additional fundings, paydowns, review of rate sets, invoices, etc.) Responsible for processing payoffs and buyout quotes for assigned transactions for both early terminations and matured transactions, including portfolio and off balance sheet. Work with various departments within the Company on these responsibilities (Portfolio Servicing and Technical Accounting, in particular)
• Responsible for the reconciliation/analysis of certain general ledger accounts and financial statement categories.
• Responsible for assisting with various internal and external audits.
• Responsible for utilizing information technology to improve the efficiency of accounting and reporting of transactions and for the analysis of general ledger accounts.
• Assist with testing of new releases and upgrades of the Company’s Lease Accounting subsystem (Leasepak).
• Special Projects, as assigned.

• Bachelor’s degree in Accounting or Finance
• Minimum five years of relevant work experience, preferably in the financial services sector
• Strong oral and verbal communication skills
• Proficient with both Word and Excel
• Self motivated, team player who is willing to ask and take on additional responsibilities