Intermediate Accountant- Payroll Reconciliations

Position Title: Intermediate Accountant – Payroll Reconciliations (Non – LO – No Consumer Contact)

Department: Accounting & Finance                                         Job Status:  ­­­­­­­­­­­­­­­­­­ Full-Time/Salary

Reports to: Lead Accountant – Payroll Reconciliations                    Amount of Travel:  None

Vanderbilt Mortgage and Finance, Inc. (VMF) was established in 1974 and currently services over 150,000 loans. Our strength as an organization is rooted in the quality of our people and products. We are an equal opportunity employer committed to creating a diverse workforce.  Furthermore, we are financially strong, with a reputation for leading the industry with unsurpassed products, a broad range of services, and a coast-to-coast presence.  We are professionally strong, from entry level to more experienced positions, we are actively recruiting individuals who are passionate, positive, and eager to learn. As a member of our team, we will equip you for success. You will enjoy excellent benefits, opportunities for growth, and an encouraging culture that supports work-life balance.

The intermediate Accountant – Payroll Reconciliations is responsible for supporting the Payroll Reconciliations team by completing bonus submission reviews, payment request submissions, low risk reconciliations, and journal entries. This position reports to the Lead Accountant – Payroll Reconciliations and communicates with various department teams to problem solve and improve processes. The intermediate Accountant – Payroll Reconciliations has a high level of secure accesses to business unit wide pay data and is expected to exhibit the highest level of discretion.

Department Bonus Review and Automation

• Analyzes and processes bonus submissions for payment to ensure accuracy and adherence to stated compensation guidelines to ensure various VMF team members receive proper bonus compensation, and audit backup is sufficient and available as needed.
• Creates and updates custom VMF department bonus templates on an as needed basis with assistance from Senior and Lead Accountants. This includes but is not limited to:
  • Identifying automation improvements
  • Reviewing bonus criteria with department leadership to ensure full understanding of expected outcomes.
• Creating or updating custom Excel sheets with advanced functions and calculations to improve efficiencies.
• Ensures proper documentation and audit backup is compiled and stored.  

Training, Development, and Process Documentation

• Trains various VMF departments on the use of custom-built bonus submission templates.
• Participates in development opportunities to continually improve depth of knowledge, efficiency, and accuracy.
• Assists in creating Payroll Reconciliations team procedures and job aids to provide complete and accurate documentation of department functions.
• Builds mutually beneficial relationships with research partners inside and outside of the Accounting department.

Reconciliation & Close Tasks

• Completes reconciliation of payroll liability accounts and works with Senior and Lead Accountant to resolve discrepancies.
• Audits bonus payments submitted to Payroll to confirm accurate team member payments.
• Performs weekly review of bonus request cost centers and completes cost center reclasses for transferring team members on an as needed basis to ensure GL accuracy.
• Assists with entries and reporting during month end close.

Other duties as assigned

This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned.

QUALIFICATIONS:

• Bachelor’s degree in Accounting required, advanced degree and/or professional certification is a plus.
• 2-4 years’ experience in Accounting or related field required.
• Querying skills, knowledge of Sequel ViewPoint, Enterprise Data Warehouse (EDW), AS400, Accounting related Enterprise Resource Planning (ERP) System a plus.
• Advanced Excel skills, including utilization of advanced and nested functions.
• Open to receiving and implementing feedback.
• Great attention to detail, organizational and analytical skills, and excellent time management.
• Capable of gathering facts accurately, analyze causes, evaluate alternate solutions, and arrive at sound conclusions on action to be taken.
• Appropriate sense of urgency and follow-up in various situations.
• Experience managing multiple and/or conflicting responsibilities.
• Ability to communicate effectively and efficiently via phone, email, and person to person.
• Be a quality minded motivated self-starter, willing to learn, hardworking, determined, and assertive.
• Capable of and excited to embrace change culture.
• Capable of fostering and maintaining strong inter-department relationships.

PHYSICAL DEMANDS:

• Must be able to remain in a stationary position 75% of the time.
• Constantly operate a computer and other office productivity machinery, such as a telephone, calculator, copy machine, and computer printer.
• Regular communication methods include phone, email, and person to person. Must be able to exchange accurate information at all times.
• Ability to identify and assess account status and determine appropriate process.
• Constantly works in an indoor temperature controlled, sealed window office environment.

BENEFITS:

• Enjoy flexibility with this Campus Flex position! This hybrid work style offers 2-3 days of remote work and 2-3 days in the office.
• Medical and Dental Plan with Prescription Coverage and Vision
• Competitive benefits including 401(K) includes 100% company match of the first 4%
• Paid time off days (PTO), maternity/paternity leave, and holidays
• Community involvement including Volunteer Paid Time Off (VTO)
• Tuition Assistance for your first degree
• Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant
• Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being 
• Collaborative and energetic work environment
• Professional development and promotion opportunities
• Competitive bonus programs

• A Berkshire Hathaway Company – an integrity-based organization offering unlimited career growth
• Full-time team members have the flexibility to create their own health, dental, and vision benefits package. Vanderbilt Mortgage and Finance, Inc. provides competitive 401(k) programs, including investment options and company matching for full and part time employees after one year to help our team members achieve their financial goals. Additional benefits include paid parental leave, tuition reimbursement, Employee Assistance Programs, and more.
• Vanderbilt Mortgage and Finance Inc. is a subsidiary of Clayton of which is proud to have earned spots on the following Forbes lists: America’s Best Employers, America’s Best Employers by State, Best Employers for Diversity, Best Employers for Women.
• As part of Vanderbilt Mortgage’s commitment to Opening Doors to a Better Life, VMF is now providing paid time for Team Members to volunteer to causes that are meaningful to them through the Clayton Impact program.
• At VMF, we encourage holistic wellness with physical, nutritional, social, financial, spiritual, and occupational programs available online or in-person for team members.
• Our newly renovated Home Office campus offers an onsite restaurant, onsite fitness facility with full gym, in-person and virtual workout classes, yoga/barre studio, volleyball, and basketball courts, walking paths, and a disc golf course.

Business Unit -