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Finance Associate

NFM Lending

NFM Lending

Finance Associate

Linthicum, MD
Full Time
Paid
  • Responsibilities

    Job Location

    Linthicum, MD | Corporate - Linthicum, MD

    Position Type

    Full Time

    POSITION SUMMARY:

    The Finance Associate is responsible for assisting the post closing department with loans received from Title. S/he will be responsible to prepare all Settlement sheets for all loans closed and funded, and also in the case of absentia, be the back-up for the Payroll Administrator. This position will be required to assist Accounts Payable when needed.

    This individual must have strong skills in Microsoft Excel.

    ESSENTIAL JOB FUNCTIONS:

    Specific tasks will include, but are not limited to, the following:

    • The distribution and collection of all timesheets each pay period, and also includes the maintenance of the electronic time and attendance system.
    • The calculation and accuracy of hours worked so the wages are paid correctly.
    • Ensure that the hours and/or other earnings entered into the payroll system are accurate before submitting it for final processing.
    • Assist Post-Closing with loans received from Title.
    • Prepare Settlement sheets for all loans closed and funded.
    • Assist Accounts Payable as needed.
    • Assist / Back up Payroll Administrator as needed.
    • Receive and log in each loan pack received via Fed-Ex, UPS and USPS.
    • Make copies of all HUDs and relevant documents needed to prepare Settlement sheet.
    • Copy and forward checks that are attached to loan documents to Finance.
    • Print and attach credit report invoice(s) to each loan file from Encompass.
    • Print and attach to each file received the appraisal invoice(s) from Encompass.
    • Ensure that the invoices correspond with the amounts on the HUD.
    • Print and attach to each file received the funding worksheet to verify funding.
    • Maintain and upkeep the template for Branch fees and Branch Margins.
    • Ensure that all appraisal and inspection fees have been paid on HUD or POC.
    • Print and submit invoices for payment of appraisal and inspection fees not paid POC or on HUD.
    • Print and submit settlement sheet to Manager for final approval.
    • File Account Payable invoices, documents, etc. each week.

    REQUIRED JOB FUNCTIONS:

    Specific tasks will include, but are not limited to, the following:

    • Effectively communicate, work with, and build relationships with all levels of constituents including culturally and linguistically diverse staff members and external candidates and/or vendors, while operating in a fast-paced customer service driven environment.
    • This position may require occasional over time and travel.
    • Additional tasks as assigned.

    The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.

    ADDITIONAL WORKING CONDITIONS INFORMATION:

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus.

  • Industry
    Financial Services
  • About Us

    NFM Lending focuses on assisting consumers in obtaining a residential loan that meets their needs while ensuring that they are receiving exemplary service throughout the process. NFM Lending is dedicated to streamlining the loan process in order to shorten the time from loan application to closing without sacrificing service, quality, or compliance. Our company operates on a platform of high standards, while always putting honesty, integrity, and ethics at the highest level of importance.