At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
Primary Function
The Advance & Expense Management Analyst is responsible for analyzing and managing the company's expenses and advances to ensure that they are aligned with the company's budget and financial goals. The Analyst will work closely with the company's accounting and operational teams to identify opportunities for cost savings and efficiency improvements. The Analyst will also be responsible for tracking, reconciling, and reporting on the company's expenses on a regular basis. The Analyst is responsible for maintaining the accuracy and integrity of the company's general ledger and financial statements. The Analyst will work closely with the company's finance and accounting teams to ensure that all transactions are properly recorded and reconciled in accordance with Generally Accepted Accounting Principles (GAAP). The Analyst will also be responsible for preparing and reviewing financial reports, analyzing, and reconciling account balances, and identifying and resolving any discrepancies.
Principal Duties
- Maintain the accuracy and integrity of the company's general ledger to the servicing system.
- Analyze and reconcile account balances to ensure accuracy and completeness.
- Review and analyze financial statements to identify potential company risks and propose strategies to mitigate these risks.
- Identify and present cost saving opportunities to senior leadership.
- Collaborate with the finance and accounting teams to develop and implement expense management strategies.
- Create processes and system controls to enhance financial controls and compliance.
- Assist in financial audits and provide necessary documentation and support to auditors.
- Manage special projects related to expense management and process enhancements.
- Performs related duties as assigned by management.
Education and Experience Requirements
- Bachelor’s Degree required.
- 2+ years Mortgage Servicing.
- Accounting or Finance experience is a plus.
Knowledge, Skill, and Ability Requirements
- Proficient working knowledge of Microsoft Outlook, Word, and Excel.
- Strong verbal and written communication skills.
- Excellent time management skills to complete multiple deadlines with minimal supervision.
- Experience with SQL preferred.
Work Environment and Physical Requirements
- Working on-site at assigned office location.
- Regular and punctual attendance adhering to schedule established by leadership.
- Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.
- Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.
- Sedentary work in a stationary position at a cubicle for prolonged periods of time.
- Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
- Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.
Additional Information:
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Why Newrez
We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.
Company Benefits:
We offer benefits, programs, and perks that support you in every aspect of your life.
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
Adoption Assistance
Tuition & Certification reimbursement
Employee Mortgage Loan Program
The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
Newrez NOW:
Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
Matching Gifts Program - dollar-for-dollar up to $1,000
Access to grants, nonprofit resources, and volunteer opportunities
More than $6,000,000 donated since 2020
1 in 5 employees participates in at least one Employee Resource Group (ERG)
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
CA Privacy Policy
CA Notice at Collection
Skills Required
- Bachelor's Degree
- 2+ years Mortgage Servicing
- Accounting or Finance experience
- Proficient in Microsoft Outlook, Word, and Excel
- Experience with SQL
NewRez Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NewRez and has not been reviewed or approved by NewRez.
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Healthcare Strength — The benefits lineup includes medical, dental, prescription, and vision coverage, with HSA/FSA options plus life and disability insurance. An Employee Assistance Program adds support resources alongside core health coverage.
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Retirement Support — A 401(k) plan with company match is available to support long-term savings. Notes about vesting and tenure clarify how the benefit is earned over time.
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Leave & Time Off Breadth — Paid time off starts at 15 days in year one, rises to 18 after the first anniversary, and includes 8 paid holidays. Additional leave options include parental bonding and family care.
NewRez Insights
What We Do
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com. © 2022 Newrez LLC {f/k/a New Penn Financial, LLC}. All Rights Reserved. {Doing business as Newrez Mortgage in the states of Arkansas and Texas}. {Website approval pending with the New York Department of Financial Services.} This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply. Newrez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Additional licenses available at www.newrez.com. Equal Housing Opportunity.
