Accountant-Warehouse Line Assistant
Homestead Funding Corp. - Albany, NY

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This is an entry level position that requires an Associates degree in Accounting.
Strong working knowledge of EXCEL required.
Job Duties
Perform all Mortgage Electronic Registration Systems (MERS) registrations and transfers on line and reconcile transactions to reports daily. Reconcile MERS portfolio monthly.
Post all security trade purchases and sales confirmations to an EXCEL trade report and reconcile to Mortgage Industry Advisory Corporation (MIAC) trade reports daily.
Enter commissions and other data to Encompass Loan System weekly.
Assist with commission verifications for payroll biweekly.
Report investor purchase pricing variances (from expected to actual) and make corrections and notations to Encompass (Loan Handling Software) as directed by Secondary Marketing Dept. on a weekly basis.
Backup Warehouse Line Specialist when out on vacation or on sick days: Process wire requests and repayments through the warehouse banks.
Backup Warehouse Line Manager when out on vacation or on sick days: Balance warehouse line outstanding and cash balance workbooks. Verify and prepare reports for accounting to record disbursement, repayment and collateral adjustment entries. Prepare warehouse line cash report.