Accounting Analyst

Base pay range

$65,000.00/yr - $75,000.00/yr

Position Overview

Obra Real Estate is looking for an Accounting Analyst to join our Chicago office on a full-time basis. This is a dynamic role with opportunity for rapid growth. At the outset, this person will be integral to the day-to-day accounting procedures for our loan portfolio. This role will collaborate closely with all facets of the ORE team, as well as the wider Obra accounting team. Over time, the successful candidate will take ownership of various aspects of our mortgage portfolio operation, including designing process improvements and building out new functionalities as the portfolio expands and diversifies.

Responsibilities

• Handle day-to-day processing of our growing portfolio of loans. Functions include interest, fee and principal balance calculations, adjustments related to workouts or modifications, accounts payable processing and financial reporting preparation
• Interface with various parties including borrowers, partners, and investors to answer detailed questions, generate statements, and apply payments
• Prepare asset and debt reconciliations, analyze fluctuations in financial statement line items, book general ledger entries and perform other duties as part of monthly close process
• Work closely with the accounting team to synchronize data between loan software and the company’s general ledger and banking systems
• Augment a centralized loan servicing function by working collaboratively with a variety of teams, including originations, underwriting, asset management, and legal teams
• Prepare regular liquidity forecasts
• Conduct ad hoc analyses such as payoff requests, IRR calculations, and various calculations for borrowers and investors
• Serve as a key member of team driving strategic initiatives (e.g., new funds, financing arrangements, etc.)
• Contribute to annual budgeting and re-forecast procedures
• Identify areas for workflow improvements and implement solutions

Qualifications

We anticipate continued growth in this business and this role will be expected to grow with it as it becomes increasingly complex and multi-faceted. The ideal candidate for this role will possess strong interpersonal skills to work well with a wide variety of team members and functions, will be extremely detail oriented with a high degree of accuracy in their work and will be a driven self-starter capable of excelling in a fast-paced environment. The ideal candidate will have the following profile:

• Advanced Excel skills, including modeling and advanced formula-building
• Ability to understand the intricacies of each bespoke loan and apply critical thinking to accurately capture all elements from an accounting and loan servicing standpoint
• Excellent written/oral communication skills and demonstrated ability to work with cross-functional teams to solve complex loan servicing needs
• Experience working with legal documents to support applicable loan servicing procedures
• Experience with Yardi preferred

Compensation and Benefits

The expected base salary range for this role is $65,000-$75,000. In addition to the base salary, total compensation may include a discretionary bonus based on performance. This range reflects a variety of factors, including years of relevant experience, education, and other qualifications pertinent to the position.

Benefits

• Comprehensive Medical/Rx, Dental and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA)
• Healthcare Savings Accounts (HSA) with company contribution
• Basic and Voluntary Life Insurance
• Long-Term Disability (LTD) and Short-Term Disability (STD) insurance
• Commuter Benefits plan
• Daily lunch stipend for all employees

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Real Estate
• Financial Services

Location: Chicago, IL