Manager, Loan Accounting

Posted:
11/22/2024, 10:29:03 AM

Location(s):
California, United States ⋅ Oakland, California, United States

Experience Level(s):
Mid Level

Field(s):
Accounting

Workplace Type:
Remote

Who We Are

We are creating the best way to finance clean energy for the home to help combat climate change. Mosaic partners directly with solar and home improvement professionals, who use our simple point-of-sale app to offer financing options to their customers. This makes it easy and affordable for families to make energy-efficient upgrades to their homes. Since 2012, Mosaic has funded more than $15 billion in loans through our platform and helped more than 1 million people prosper from clean energy.  Join us as we work toward our vision of 100% clean energy homes across America. 

Location: We are remote-first. This role can be based in most states in the US. 

The Opportunity

Mosaic’s Accounting Manager will fulfill an important role on the Accounting team in a mission based company. Reporting to the Director of Accounting, this full time position will be a leadership position on the accounting team managing Staff and Senior Accountants.

Your day-to-day

  • Oversee the activities of a loan accounting team with two direct reports, ensuring accurate booking of general ledger entries, reviewing journal entries, and managing loan subledgers for all loan-related activities, while also focusing on talent development, engagement, and retention.
  • Contribute to the monthly, quarterly, and year-end close processes by completing assigned tasks in a timely manner, staying current on checklists, and providing regular status updates.
  • Support audit requests by providing thorough documentation and explanations for loan accounting entries, collaborating with auditors to address inquiries and ensure compliance.
  • Ensure financial integrity within a robust control environment, supporting all accounting activities with strong documentation practices and adherence to internal controls.
  • Perform controls over loan accounting processes, including variance analysis and detailed discussions on business drivers to provide insights into financial performance.
  • Continuously improve and streamline financial reporting procedures, identifying opportunities to enhance efficiency and accuracy.
  • Collaborate with cross-functional business partners such as Treasury, Capital Markets, and Risk teams to support financial initiatives and ensure alignment on key accounting activities

What you bring to the team 

  • BS in Accounting / BS in Business with major in Accounting
  • Minimum 4 years experience performing loan accounting functions.
  • Financial services industry, consumer lending or specialty finance industry experience 
  • CPA required, public accounting experience preferred 
  • Advanced understanding of ASC 310 Receivables, ASC 606 Revenue, ASC 810 Consolidation, ASC 835 Interest, ASC 860 Transfers and Servicing
  • Advanced Excel skills required (pivot tables, logic formulas, vlookup, sum functions)
  • Knowledge and experience of ERP systems. 
  • Ambitious, self-starter with the ability to multi-task and effectively manage priorities
  • Strong analytical, problem solving, project management, and communication skills
  • Detail-oriented, organized, and efficient in ambiguous situations and a fast paced, changing environment
  • Excellent cross group collaboration skills 

Bonus Points

  • Experience in Oracle financials preferred
  • Passionate about the renewable energy space

Compensation: The base salary range for this position is $120,000 - $140,000. The position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits.

Why Mosaic

As a customer focused and driven-to-win organization, there are many exciting reasons to join the Mosaic team. Mosaic has a dynamic, fast-paced, and entrepreneurial environment, which requires a professional, flexible, self-starter attitude. We believe in hiring talented and driven individuals and cultivating a culture of collaboration and appreciation. 

Benefit Highlights:

  • Robust Health, Dental, and Vision Plans
  • Generous paid time off
  • 401k Match
  • Lifestyle Spending accounts for professional wellness 
  • Mental Health: Headspace subscription, online therapy sessions 
  • …and more! 

We are an equal opportunity employer and value diversity of backgrounds, perspectives and experience. Mosaic’s vision is 100% clean energy for all. In order to reach that vision, we believe we must build a diverse company where everyone is treated fairly and feels included. In turn, in accordance with Mosaic’s equal employment opportunity policy, we do not discriminate on the basis of race, religion, color, national origin, caste, gender identity or expression, sexual orientation, age, marital status, veteran status, disability status or any legally protected status.

#LI-Remote