Luminate Bank

VP – Mortgage Accounting Manager

Luminate Bank

full-time

Posted on:

Location Type: Hybrid

Location: Minneapolis • Minnesota • United States

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Salary

💰 $90,000 - $110,000 per year

Job Level

Lead

About the role

  • The VP – Mortgage Accounting Manager is responsible for overseeing day‑to‑day accounting operations for the bank’s mortgage activities, ensuring accurate financial reporting, strong internal controls, and compliance with GAAP and applicable mortgage regulations.
  • Manage accounting staff, support month‑end and year‑end close processes, and partner closely with finance, funding, servicing, and secondary market teams.
  • Review and approve journal entries and purchase invoices.
  • Ensure accurate accounting for loan originations, sales, servicing, warehouse lines, escrow, and related fees.
  • Partner with funding, secondary, and servicing teams to resolve loan accounting discrepancies.
  • Support interim servicing and sub‑servicer accounting and reporting.
  • Maintain and enhance internal controls over financial reporting.
  • Support internal and external audits, regulatory exams, and due diligence requests.
  • Assist in developing and maintaining accounting policies and procedures.
  • Supervise, coach, and develop accounting staff. Review work product to ensure accuracy, timeliness, and compliance.
  • Identify opportunities to streamline accounting processes and improve efficiency. Participate in system implementations, upgrades, and automation initiatives.
  • Support special projects, ad‑hoc reporting, and management initiatives as needed.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field required
  • 5+ years of progressive accounting experience, preferably in mortgage lending
  • 2+ years of people management or team‑lead experience preferred
  • Experience with mortgage loan accounting, warehouse lines, or financial services is strongly preferred
  • Strong knowledge of GAAP and financial reporting
  • Experience supporting audits and regulatory examinations
  • High attention to detail with strong analytical and problem‑solving skills
  • Ability to manage multiple priorities in a fast‑paced, deadline‑driven environment
  • Strong communication skills and ability to partner cross‑functionally
  • Proficiency with accounting systems and Excel; mortgage systems experience a plus
  • Familiarity with mortgage and banking activities.
Benefits
  • Competitive compensation reliant on ability and experience
  • Excellent benefits package including health, pre tax HSA, FSA accounts and dental & vision
  • Life and AD&D Insurance, as well as additional voluntary benefit possibilities
  • 401K with robust company match
  • Flexible PTO program
  • Earned Sick & Safe Time (ESST)
  • The opportunity to work for the Midwest’s fastest growing bank
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
accountingfinancial reportingGAAPmortgage loan accountingjournal entriespurchase invoicesinternal controlsauditsregulatory examinationsanalytical skills
Soft Skills
people managementteam leadershipattention to detailproblem-solvingcommunicationcross-functional collaborationtime managementprocess improvementcoachingsupervision
Certifications
Bachelor’s degree in AccountingBachelor’s degree in Finance