VP of Accounting

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VP of Accounting

Full Time Plymouth, MN, US

7 days ago Requisition ID: 1005

Salary Range: $125,000.00 To $150,000.00 Annually

About Summit Mortgage

Summit Mortgage Corporation is a privately held independent mortgage banker serving customers and partners through multiple mortgage channels. We are building the people, process discipline, financial controls, and decision systems required to operate responsibly through changing market cycles and to grow with confidence.

The Role

Summit Mortgage is hiring a VP of Accounting to own the reliability of our accounting function. This is not a role for someone who only prepares statements after the fact. We need a builder who can lead a disciplined month end close, strengthen controls, make balance-sheet issues visible, develop accountants, and create an accounting environment the rest of the company can trust.

How We Work

At Summit, strong performance means more than completing assigned tasks. We expect people to understand why the work matters, own the results entrusted to them, make decisions within clear authority, surface problems early, learn from mistakes, and close the loop. We want capable people to have room to think and improve the system while operating within disciplined financial and regulatory guardrails.

What You'll Do

• Own the month-end close calendar, sequencing, reviews, issue resolution, and final readiness.
• Prepare or oversee monthly financial statements, supporting schedules, and management reporting.
• Own balance-sheet integrity, reconciliations, journal-entry review, and aging-item resolution.
• Maintain GAAP policies and document routine and non-routine accounting positions.
• Design and improve internal controls, evidence standards, approval paths, and remediation processes.
• Lead audit preparation and external financial review support.
• Oversee mortgage-specific accounting, including loan-level, warehouse, servicing, investor/loan-sale, held for investment (HFI)/recovery, and borrower/trust-related work as applicable.
• Lead, review, coach, and develop the accounting team; build cross-training and reduce key-person dependency.
• Partner with the CEO and fractional CFO so strategy and forecasting begin with reliable actuals.
• Strengthen systems, workpapers, processes, and change controls so the function scales without relying on heroics.

What You'll Bring

Required

• Bachelor's degree in Accounting or a closely related field.
• 7+ years of progressive accounting experience with meaningful ownership of close, financial reporting, reconciliations, and controls.
• Demonstrated experience reviewing the work of others and leading a close process or accounting team.
• Strong US GAAP knowledge and ability to research/document non-routine accounting positions.
• Experience with audits, internal controls, balance-sheet governance, and financial-statement preparation.
• Advanced Excel and strong accounting-system fluency.
• Strong written and verbal communication, including the ability to explain technical issues to executives and operating leaders.
• Ability to work onsite with the Summit team in Plymouth, Minnesota, with flexibility appropriate to a leadership role.

Preferred

• CPA active or eligible; equivalent demonstrated technical depth may be considered.
• Mortgage banking, banking, specialty finance, or other transaction-intensive financial-services accounting experience.
• Experience with warehouse lines, loan-level accounting, servicing, investor settlements, trust/borrower funds, or gain-on-sale accounting.
• Experience improving a close, implementing controls, or strengthening an accounting system after a period of blended responsibilities.
• Experience with AMB, LoanVision, or comparable financial systems.

What Success Looks Like

• Close is timely, sequenced, documented, and progressively less dependent on firefighting.
• Financial statements and supporting schedules are accurate, consistent, and audit-ready.
• Reconciliations are current; aging items and unsupported balances are visible and actively resolved.Material accounting positions and controls are documented and understandable.
• Audit adjustments and repeated control exceptions decline.
• The Staff Accountant(s) know what they own, receive useful review, and demonstrate increasing stewardship.

Compensation and Benefits

Starting salary range: $125,000-$150,000 per year. Final offer will reflect qualifications, relevant experience, and demonstrated capability.

• Medical, dental, and vision coverage.
• 401(k) with company match.
• Paid time off and company holidays.
• Life and disability insurance.

Summit Mortgage Corporation is an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by applicable law. Summit participates in E-Verify and complies with applicable federal, state, and local employment laws.