About the Company
Valon’s mission is to empower every homeowner. We believe the journey of home ownership starts when you get your keys, but lasts far beyond. We’re creating a world where home ownership comes with ease, security, and financial know-how. Our growing team of engineers, operators, product enthusiasts, and experienced servicing professionals are leveraging technology to fundamentally improve the homeownership experience. Through mortgage servicing—the process of paying off one’s mortgage—Valon is taking the first step in transforming the industry one homeowner, and lender, at a time.
Finance at Valon
The Finance team sits across all business lines and product areas at Valon (technology development, servicing, originations, and insurance) and manages the company’s day-to-day financial operations. This includes accounting, reporting, cash management, planning, and strategic insights. Other ad hoc / seasonal responsibilities include audits, improving financial controls, and vendor management. As a member of the finance team, you will work with senior-level leaders across the company in understanding and optimizing their business units.
About the Role
We are looking for an experienced accountant to join our rapidly growing fintech company. The ideal candidate will have a strong understanding of accounting principles and practices, with experience in managing financial records, preparing financial statements, and analyzing financial data. Also, you will be responsible for ensuring the accuracy and integrity of financial information, maintaining financial controls, and developing financial reports. You will report directly to the Assistant Controller.
Responsibilities
- Fully engage with Valon’s lending team to oversee day-to-day reporting and closing processes, including:
- Manage mortgage loan accounting, including reviewing loan transactions, recording loan payments, and preparing loan-related financial reports
- Retain books and records for financial products (PnL, funding/sales, valuation adjustments, and derivatives)
- Implement loans held for investment reviews and estimation of credit losses (CECL)
- Conduct mortgage servicing right (MSR) analysis and oversight of servicing portfolio
- Launch new initiatives, including mandatory loan commitments, rate hedging, and accounting processes for financial products
- Perform bank reconciliations and manage cash flow, including managing warehouse financing facilities with external banks
- Enhance Valon’s ERP implementation (Loan Vision) as the lending business scales
- Monitor and maintain financial controls and policies
- Coordinate with external auditors and tax accountants to prepare financial statements and tax returns
- Collaborate with cross-functional teams to support business operations and strategic initiatives for the business
- Assist with budget preparation and forecasting
- Review and analyze financial statements to identify discrepancies and ensure compliance with accounting principles and regulations
Ideal Background
- Certified Public Accountant (CPA) preferred
- Experience managing loan accounting preferred (mortgages and related financial products)
- Experience working in a startup or financial technology company is a plus
- Working knowledge of SQL and/or willingness to learn
Minimum Qualifications
- Bachelor's degree in accounting, finance, or related field
- 2-5 years of experience in accounting or finance
- Work experience at a public accounting firm and/or a financial services firm, such as an asset manager, hedge fund, or private equity firm
- Willingness to learn and take ownership of projects
- Ability to think critically and solve problems in a fast-paced environment
- Self-motivated and able to work independently
- Experience working in a startup or technology company is a plus
Benefits List
What we can offer:
- Compensation: competitive salary ($93,500 - $126,500) with a meaningful stake in the company via equity and our performance bonus program and 401k plan
- Health & well-being: we’ll invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits
- Food & meals: in-office snacks and drinks, and a $400 monthly stipend towards your lunches or groceries
- Commuter benefits: We offer pre-tax deductions for public transportation, rideshare services, and parking expenses to make your commute more affordable and convenient.
- Grow together: Company wide orientation for you to successfully onboard and other learning & development opportunities including regular review cycles that feature 360 degree feedback
- Play together: quarterly budgets for team and company outings.
- Generous time off: flexible paid time off, sick days, and 11 company holidays
- Baby bonding time!: 12 weeks off for both birthing and non-birthing parents - fully paid so you can focus your energy on your newest addition
Throughout the interview process, please remember that emails will only be from valon.com emails. We won't ever be asking for any personally identifiable information during the interview process itself. Please reach out to [email protected] if you have any requests to verify the authenticity of an outreach.
Valon is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Valon makes hiring decisions based solely on qualifications, merit, and business needs at the time.
