PENNYMAC · 1 day ago
Mortgage Bank Accounting Manager
Westlake Village, CA
Full-time
Onsite
Mid, Senior Level
$75K/yr - $130K/yr
5+ years expPennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Mortgage Banking Accounting Manager will assist with accounting functions, reporting, and projects to enhance the close process, while supervising team members and ensuring compliance with US GAAP.
BankingFinanceFinancial ServicesLendingMortgage
Responsibilities
Prepare or perform review over complex journal entries in accordance with our established schedule
Act as a primary accounting liaison for key business partners, providing financial insights and strategic guidance to support their initiatives
Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance
Reconcile balance sheet accounts
Perform financial analysis and variance explanations and provide insights to identify trends and recommend actions to optimize financial performance
Own and execute cross-functional process improvement projects from identification to implementation, quantifying a project's impact on efficiency and accuracy
Ensure compliance with US GAAP. Perform technical accounting research and update technical accounting memos and policies
Coordinate and participate in internal and external audits, including preparing audit schedules, addressing audit queries, and implementing, and maintaining effective internal control systems
Work closely with the Various department to ensure proper general ledger book keeping
Foster collaboration within the accounting team and effectively communicate financial information to stakeholders across the organization
Demonstrate proficiency in using accounting software and related systems to streamline processes, improve efficiency, and enhance reporting capabilities. Stay updated with advancements in accounting technology to adapt to changing practices
Stay updated with changes in accounting regulations, standards, and industry best practices. Pursue professional development opportunities to demonstrate your commitment to enhancing your skills and knowledge
Participate in (and lead, where appropriate) other projects and ad-hoc analyses, as required
Qualification
Required
5+ years of progressive accounting experience
Solid knowledge of US GAAP to ensure accuracy and compliance with relevant regulations and standards
Strong analytical, organizational, and problem-solving skills
Strong attention to detail and ability to execute and follow through to completion and documentation
Ability to learn quickly in a fast-paced environment and work effectively under time pressure while managing to tight deadlines
Ability to work proactively and independently and collaboratively as a team contributor
Strong Microsoft Excel skills required
Preferred
CPA certification is a plus
Public accounting experience is a plus
Financial services experience is a plus
Oracle ERP and EPM experience preferred
Experience in Mortgage-Backed Securities products such as Agency pool MBS, Agency CMOs, Agency IO, Non-Agency MBS/CMO, Private Securitizations/VIE
Experience in Derivatives instruments such as Futures & Options, MBS Options, Forwards commitment, Swaps, Rate Locks, and Total Return Swaps
Benefits
Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
Company
PENNYMAC
Pennymac is a home loan lending company that offers financial services.
1001-5000 employees
H1B Sponsorship
PENNYMAC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (48)
2024 (42)
2023 (33)
2022 (44)
2021 (65)
2020 (34)
Funding
Current Stage
Public CompanyTotal Funding
$2.33B2025-12-11Post Ipo Debt· $75M
2025-08-07Post Ipo Debt· $650M
2024-05-20Post Ipo Debt· $850M
Leadership Team
Stanford L. Kurland
Founder, Chairman, and Chief Executive Officer
Amar Nadig
Senior Vice President of Enterprise Data
Recent News
MarketScreener
2025-12-20
2025-12-16
2025-11-06
Company data provided by crunchbase