Mortgage Accounting Specialist

Posted 4 Days Ago
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Minneapolis, MN, USA
In-Office
Junior
Insurance • Financial Services
The Role
Provides accounting and administrative support for mortgage operations. Responsibilities include auditing borrower mortgage accounts, researching discrepancies, reconciling general ledger and cash accounts, preparing deposits, processing credit card payments and accounts payable items, coordinating mortgage loan wires, verifying loan purchase and sale data, and maintaining accurate documentation. The role requires confidentiality, attention to detail, customer service, regulatory compliance, and proficiency with Microsoft Office and financial software.
Summary Generated by Built In
Job Summary & Responsibilities

This position provides critical accounting and administrative support to the Accounting Department. This role ensures the accuracy, integrity, and timely processing of mortgage-related financial activities while consistently delivering professional, high quality service to internal and external customers. A strong commitment to confidentiality, accuracy, and customer service is essential.
Responsibilities

  • Mortgage Accounting Auditor
    • Perform borrower mortgage accounting audits with a high degree of accuracy.
    • Identify, research, and resolve accounting discrepancies in a timely manner.
    • Reconcile related general ledger accounts daily and/or monthly.
  • Deposit Coordination
    • Prepare and record daily deposits, including data entry into multiple accounting systems and reconciliation with cash received.
    • Maintain accurate accounting records and backup documentation for monthend processes and management inquiries.
    • Process and balance merchant credit card payments in all applicable systems.
  • Accounts Payable Support
    • Process daily check requests to support mortgage operations.
    • Assist and serve as backup for the accounts payable function, including invoice distribution, verification of GL coding and cost centers, invoice entry, and scheduled expense check generation.
  • Wire Desk Coordination
    • Manage the daily mortgage loan wire process with precision and adherence to internal controls.
    • Verify all wire data, order and upload files to Q2, and ensure accuracy of transactions.
    • Confirm wire totals and reconcile with corresponding cash accounts.
  • General Accounting Support
    • Verify data associated with the purchase and sale of mortgage loans to investors.
    • Participate in special projects as assigned to support department initiatives.

Bell Bank Culture, Policy and Accountability Standards

  • Know and live Bell Bank’s values, bottom line, customer service standards, Golden Rules, and LOCBUTN by building personal connections with customers and employees and using their names as often as possible.
  • Conduct activities consistent with established Bell Bank policies, procedures and systems, the Code of Conduct, the Bank Secrecy Act and all applicable state and federal laws and regulations.
  • All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
  • Prompt and reliable attendance.
  • Perform other duties as assigned.

Education, Experience, and Other Expectations

  • Associate’s Degree in Accounting or similar field; or equivalent experience.
  • 0-2 years of accounting experience preferred.

Knowledge, Skills, and Abilities

  • Proficiency in Microsoft Office (Excel, Word) and comfort using standard office equipment.
  • Ability to quickly learn and navigate new accounting and financial software systems.
  • Strong organizational and timemanagement abilities with high attention to detail.
  • Excellent verbal and written communication skills for interacting with employees, management, and vendors.
  • Consistently presents a professional, positive, and customerfocused image.

Skills Required

  • Associate's degree in Accounting or a similar field, or equivalent experience
  • 0-2 years of accounting experience
  • Proficiency in Microsoft Office, including Excel and Word
  • Ability to learn and navigate new accounting and financial software systems
  • Strong organizational and time-management skills
  • High attention to detail and accuracy
  • Excellent verbal and written communication skills
  • Professional, positive, and customer-focused demeanor

Bell Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bell Bank and has not been reviewed or approved by Bell Bank.

  • Strong & Reliable Incentives Bonuses and performance incentives are a recurring component of pay, including in some frontline and part-time roles. Variable pay appears to augment base salaries across multiple job families.
  • Equity Value & Accessibility An employee stock ownership plan is highlighted alongside profit sharing, giving employees accessible ownership participation. This structure can add long-term value beyond base pay.
  • Leave & Time Off Breadth Paid vacation and holidays, bereavement leave, and paid volunteer hours are included. Parental leave options (maternity, paternity, adoption) further broaden time-off coverage.

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The Company
HQ: Fargo, ND
977 Employees
Year Founded: 1966

What We Do

People matter at Bell Bank – and it shows in how our team members treat each other, our customers and those around us. As members of the Bell Bank family, we provide unequaled personal service, working in the best interest of those we serve. Our award-winning workplace promotes success, recognizes achievement – and offers an environment focused on having fun while helping others. At Bell, we build careers. We build community. We positively impact lives around us. Employees are actively encouraged to volunteer (receiving 16 hours of paid volunteer time annually), and our unique Pay It Forward initiative has empowered more than $17 million in employee giving to people and causes we care about. Founded in 1966 and headquartered in Fargo, North Dakota, Bell has grown to become one of the nation’s largest independently owned banks. A family- and employee-owned company, Bell has full-service bank locations in North Dakota, Minnesota, and Arizona and mortgage offices in multiple states. Bell Bank is a Member FDIC, Equal Employment Opportunity Employer and an Equal Housing Lender (we lend without regard to race, color, religion, national origin, sex, handicap or familial status). Investment and wealth management services are not FDIC insured, have no bank guarantee, may lose value, not a deposit and not insured by any federal government agency.

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