Investor Accounting Analyst II - Internal Accounting

KeyBank
United States, Kansas, Overland Park
11501 Outlook Street (Show on map)
Apr 21, 2025
Location: 11501 Outlook Street - Overland Park, Kansas 66211 JOB DESCRIPTION Under the direction of the Internal Accounting Manager, the person will be part of the team who's responsible are tosetup and monitor PAT loans, reconcile various daily bank accounts, process daily work log files - Internal transfers, ACH, & Wires;process daily wire files; setup, monitor and administer Energy transactions and various other tasks as dictated by the department head. ESSENTIAL JOB FUNCTIONS Transaction Processing Daily processing of book transfers, ACH's and wire transfers from RECWeb Work log for various departments under multiple deadlines and constraints. Daily processing of internal money movements associated with voided checks, payment reversals and other like activity of the servicing portfolio. Pre-Authorized Transfer (PAT) setup and ongoing maintenance related to payment activity. Assist in the timely processing and funding of New Loans while working closely with closers to ensure funds are processed accurately. Daily balancing activity to ensure cash and system processing equal prior to day end cycling. Manage interaction with Corporate Accounting on issues concerning the General Ledger. Bank Reconciliations Daily balancing of all incoming receipt accounts to ensure proper resolution of unidentified recon items. Escalate stale recon items timely for resolution. Daily balancing of all outgoing disbursement accounts to insure proper resolution of unidentified recon items. Escalate stale recon items timely for resolution. Daily balancing of other clearing accounts, including NSF Account, CoreLogic/SLK Account, Cash Management Clearing, RESI Flood, and others as required. Daily, weekly and monthly reconciliations of various collection, escrow and reserve accounts. Daily monitoring of outstanding check register, clearing stale dated checks in a timely fashion. Interact with Corporate Accounting on issues concerning the General Ledger. Energy Servicing Review legal agreements to identify intended role and establishment of bank accounts per project. Process daily, weekly and monthly reconciliations of various energy bank accounts. Process monthly, quarterly and "upon request" withdrawal requests per project via the RECWeb Work log process. Customer Service Provide quality and timely responses to all Internal Accounting customers (senior management, account managers, lenders, legal counsel, external banks, borrowers, title companies, etc.) MARGINAL OR PERIPHERAL FUNCTIONS Assist other Internal Accounting Departments as required. Assist peers in reconcilement issues/questions as requested. Participate in special projects as needed, i.e. participate in the testing phase of upgrades, enhancements to the system, and audits REQUIRED SKILLS Strong knowledge of Borrower Ownership structures B.S. in Accounting, Finance or related business field and/or comparable experience or 5 years relevant job experience in banking/account/commercial mortgage servicing Excellent written/verbal communication skills, as well as a high degree of analytical skills. Excellent organizational skills, with ability to efficiently handle multiple tasks and deadlines. Demonstrated organization, prioritization/detail-orientation skills Demonstrated ability to work independently with minimal supervision. PREFERRED SKILLS Experience in commercial mortgage loan accounting Experience in Banking Minimum 1+ years' experience in commercial mortgage real estate lending Experience in understanding various legal documents associated with commercial loans Efficient in the use of word processing, spreadsheet and email software, such as Microsoft Word, Excel and Outlook Team oriented and flexible Analyze issues and seek to improve and simplify work processes EQUIPMENT USED Personal Laptop Computer with Dual Monitors Standard office equipment (fax machine, phone calculator, printer/scanner/copier) TRAINING PROVIDED On-the-Job Designated continuing education and related courses throughout the year (35 hours minimum annually) Job Posting Expiration Date: KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.