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Obra Capital · 3 hours ago

Accounting Analyst

Chicago, IL

Full-time

Onsite

Mid Level

$65K/yr - $75K/yr

Obra Capital is a growing company in the real estate sector, seeking an Accounting Analyst to join their Chicago office. The role involves managing day-to-day accounting processes for a loan portfolio and collaborating with various teams to improve operations and support financial reporting.

Asset ManagementCreditFinancial ServicesInsurance

Responsibilities

Handle day-to-day processing of our growing portfolio of loans. Functions include interest, fee and principal balance calculations, adjustments related to workouts or modifications, accounts payable processing and financial reporting preparation

Interface with various parties including borrowers, partners, and investors to answer detailed questions, generate statements, and apply payments

Prepare asset and debt reconciliations, analyze fluctuations in financial statement line items, book general ledger entries and perform other duties as part of monthly close process

Work closely with the accounting team to synchronize data between loan software and the company’s general ledger and banking systems

Augment a centralized loan servicing function by working collaboratively with a variety of teams, including originations, underwriting, asset management, and legal teams

Prepare regular liquidity forecasts

Conduct ad hoc analyses such as payoff requests, IRR calculations, and various calculations for borrowers and investors

Serve as a key member of team driving strategic initiatives (e.g., new funds, financing arrangements, etc.)

Contribute to annual budgeting and re-forecast procedures

Identify areas for workflow improvements and implement solutions

Qualification

Advanced Excel skillsAccounting degreeLoan servicing experienceCritical thinkingYardiInterpersonal skillsWritten/oral communicationDetail orientedSelf-starter

Required

4-year college degree in a top 25 accounting program

Advanced Excel skills, including modeling and advanced formula-building

Ability to understand the intricacies of each bespoke loan and apply critical thinking to accurately capture all elements from an accounting and loan servicing standpoint

Excellent written/oral communication skills and demonstrated ability to work with cross-functional teams to solve complex loan servicing needs

Experience working with legal documents to support applicable loan servicing procedures