Director, Loan & Pool Accounting

Director, Loan & Pool Accounting

The Director, Loan & Pool Accounting is responsible for overseeing the accounting and financial reporting of loan transaction activity in accordance with Generally Accepted Accounting Principles (GAAP). This role ensures accurate accounting treatment, financial statement disclosures, and internal controls related to loan transactions and pooled loan assets. The Director is also responsible for ensuring customer payments are applied and transferred to the appropriate legal entities in compliance with servicing obligations on behalf of trust entities. As a key leader within the Accounting organization, this position partners closely with Treasury, Accounts Receivable, and other cross-functional teams to support financial accuracy, regulatory compliance, operational efficiency, and strategic business initiatives.

Essential Functions

• Lead, mentor, and develop a team of four Accountants and one Accounting Manager, fostering a culture of accountability, collaboration, and continuous improvement.

• Create, maintain, and enhance key process documentation to support internal controls, audit requirements, regulatory compliance, and operational consistency.

• Oversee monthly variance analyses and effectively communicate key drivers, trends, and business impacts to management and stakeholders.

• Partner with Treasury to determine appropriate GAAP accounting treatment on both a consolidated and legal entity basis for loan repurchases, loan substitutions within pools, and loan portfolio acquisitions, ensuring accurate transaction recording and reporting.

• Direct the preparation and review of journal entries, monthly bank reconciliations, external reporting requirements, and entity-level financial reporting.

• Oversee accounting and reconciliation activities related to third-party net settlement processes.

• Support external financial statement audits, SOC 1 examinations, and compliance audits by providing documentation, analysis, and audit support.

• Identify, recommend, and implement process improvements and automation opportunities to enhance efficiency, accuracy, and scalability.

• Review work performed by and collaborate closely with offshore accounting resources to ensure quality, consistency, and timely completion of deliverables.

• Serve as the Accounting representative on cross-functional growth initiatives, strategic projects, and system modernization efforts.

• Partner closely with Treasury, Accounts Receivable, and other business functions to ensure accurate accounting, compliance with servicing obligations, and effective management of loan-related transactions.

• Monitor and strengthen internal controls to ensure compliance with company policies, regulatory requirements, and accounting standards.

Required Education and Experience

• Bachelor’s degree in Accounting, or commensurate work experience, required

• Certified Public Accountant (CPA) designation (active or inactive) required

• 7 years of progressive accounting experience with increasing levels of responsibility required.

• 3 years of people management experience required

• 2 years public accounting experience required

• Experience within a Fortune 500 organization preferred.

• Strong understanding of GAAP, financial reporting, internal controls, and audit processes.

• Demonstrated ability to communicate effectively with individuals at all levels of the organization and build strong cross-functional partnerships.

• Experience working with large data sets and data analysis tools preferred.

• Advanced Microsoft Excel skills, including the ability to analyze and manipulate large volumes of data, preferred.

• Excellent verbal, written, presentation, and interpersonal communication skills.

• Proficiency with Microsoft Office Suite applications.

• Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.

• Ability to manage multiple priorities and thrive in a fast-paced, deadline-driven environment.

• Experience leading process improvement, automation, or system enhancement initiatives preferred.

Physical Demands

While performing the duties of this job, the employee is frequently required to sit, stand, walk, visualize, talk, hear, and handle or touch objects or controls. The employee may occasionally lift, push, or pull up to 20 pounds.

This position is an office-based position where you must be able to sit for long periods of time. The employee will be working on a computer 90% of the time.