22 Oct
|
Indigoblue Group of Companies
|
Etobicoke
22 Oct
Indigoblue Group of Companies
Etobicoke
About Indigoblue
Indigoblue is a diversified financial services group with operations in private mortgage lending, mortgage investment management, structured financing, alternative investments, and related services.
We are seeking a detail-oriented Accountant to join our accounting team, with primary responsibility for mortgage lending, investment accounting, and institutional financing transactions.
This position will focus on the accounting requirements of Indigoblue Mortgage Investment Corporation (MIC), our mortgage financing special purpose vehicles (SPVs), and related lending operations.
The successful candidate will work closely with another accountant, mortgage operations personnel, and senior management to maintain accurate financial records and support timely financial reporting.
Key ResponsibilitiesMortgage Investment Corporation Accounting
- Record and reconcile mortgage advances, principal repayments, and mortgage receivables.
- Reconcile mortgage servicing records to QuickBooks Online and bank accounts.
- Calculate and record mortgage interest income, accrued interest, fees, and other mortgage-related transactions.
- Assist with recording investor subscriptions, redemptions, dividends, and capital account transactions.
- Maintain mortgage portfolio reconciliation schedules.
- Assist with monthly income calculations, financial reporting, and supporting schedules.
- Identify discrepancies between mortgage servicing systems, accounting records, and banking transactions.
SPV & Institutional Financing Accounting
- Maintain accounting records for mortgage financing SPVs.
- Record and reconcile mortgage advances and repayments under institutional lending facilities.
- Reconcile interest income and borrowing costs.
- Maintain accurate records for controlled accounts, trust accounts, and loan facility transactions.
- Prepare supporting schedules for borrowing base certificates and lender reporting.
- Reconcile mortgage servicing charges, custodian fees, and other facility expenses.
- Work with mortgage operations teams to resolve outstanding items.
General Accounting & Financial Reporting
- Maintain accurate general ledgers within QuickBooks Online.
- Perform bank and balance sheet reconciliations.
- Prepare journal entries, accruals, and month-end adjustments.
- Assist with monthly and quarterly financial statements.
- Reconcile intercompany balances relating to assigned entities.
- Prepare working papers and schedules for annual audits.
- Support cash flow monitoring and financial reporting to senior management.
- Help identify opportunities to streamline accounting procedures and automate repetitive tasks.
Qualifications
- Diploma or degree in Accounting, Finance, or a related discipline.
- Minimum 2–4 years of relevant accounting experience.
- Practical experience with general ledger accounting, reconciliations, and month-end closing.
- Proficiency with QuickBooks Online.
- Solid Microsoft Excel skills.
- Understanding of accrual accounting and Canadian financial reporting principles.
- Strong attention to detail and ability to investigate discrepancies.
- Ability to work independently while collaborating effectively with colleagues.
Preferred Experience
- Experience in mortgage lending, banking, financial services, or investment accounting.
- Familiarity with loan receivables, interest calculations, and lending transactions.
- Experience with multi-entity accounting and intercompany reconciliations.
- Familiarity with Mortgage Automator or similar lending software.
- CPA designation or progress toward completion would be an asset but is not required.
What We Offer
- Exposure to mortgage investment corporations and institutional mortgage financing.
- Opportunity to develop specialized accounting skills in private lending.
- Direct interaction with senior management and lending operations teams.
- A collaborative accounting environment with opportunities for professional growth.
- The opportunity to improve processes and contribute to a growing financial services organization.
How to Apply Please apply through Indeed and highlight your QuickBooks Online experience, financial reconciliations, and any exposure to lending or financial services accounting.
Shortlisted candidates may be asked to complete a practical accounting exercise.
Indigoblue provides equal employment opportunities and accommodation in accordance with applicable legislation.
Learn more: www.indigoblue.ca
Pay: $60,000.00-$65,000.00 per year
Benefits
- Paid time off
Work Location: In person
📌 Accountant – Legal and Mortgage Lending Operation (Etobicoke)
🏢 Indigoblue Group of Companies
📍 Etobicoke