Director Accounting Policy & Reporting

Director Of Accounting Policy And Reporting

The Director of Accounting Policy and Reporting supports the Company's financial reporting process by providing technical accounting expertise and leadership. This role serves as the technical accounting subject matter expert and is responsible for leading accounting policy development, researching, documenting, and supporting accounting conclusions under U.S. GAAP applicable to mortgage banking activities. This position plays a critical role in ensuring high quality financial disclosures and consistent accounting practices and governance across the organization. This role partners closely with Internal Audit and external auditors and is expected to operate with a high degree of autonomy, influencing accounting outcomes enterprise wide.

Essential Functions, Duties, and Responsibilities

• Develop, update, and maintain the Company's accounting policies and related implementation guidance, ensuring consistent application across the organization.
• Lead technical accounting evaluations related to mortgage banking activities, including researching, interpreting, and applying U.S. GAAP.
• Prepare, review, and maintain technical accounting memos.
• Monitor emerging accounting standards, regulatory guidance, and industry practices impacting mortgage lenders and assess impacts to the Company.
• Provide technical accounting guidance, training and support to accounting and finance teams.
• Support the review financial statement and footnote preparation or monthly, quarterly, annual, and standalone reporting, including oversight of the information-gathering process.
• Support regulatory reporting requirements, including:
• Quarterly MBFRF and NMLS filings.
• Monthly net worth and liquidity calculations for government agencies, GSEs, and state regulators.
• Annual agency financial statement filings.
• Adhoc reporting and support for state level compliance examinations, filings, and audits.
• Identify accounting risks and recommend control enhancements or process improvements.
• Participate in or lead functional, cross functional, and enterprise-wide projects and initiatives.
• Perform other duties assigned by management.

Qualifications and Education Requirements:

• Bachelor's degree in accounting, Finance or related field required.
• CPA required.
• 8+ years of experience in accounting policy, technical accounting or financial reporting within a public company environment, or external audit experience with a focus on public company clients.
• Experience in mortgage or financial service industry preferred.

Skills, Abilities, and Knowledge:

• Strong analytical and research skills, with the ability to produce clear and well-supported technical accounting documentation.
• High proficiency in working with financial and numerical data.
• Excellent written and verbal communication skills.
• Advanced proficiency in Excel and spreadsheet-based analysis.
• Experience using and enhancing Workiva reporting environment.
• Strong attention to detail and commitment to accuracy.
• Workday experience preferred.

Work Environment and Physical Requirements:

• Working on-site at assigned office location.
• Regular and punctual attendance adhering to schedule established by leadership.
• Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.
• Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.
• Sedentary work in a stationary position at a cubicle for prolonged periods of time.
• Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
• Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.

Additional Information:

While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We're a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you'll have opportunities to give back, lead, and make a difference.

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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