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Servbank

Mortgage subservicer delivering end-to-end servicing

Accounting Team Lead

Financial AccountingConfirmed live in the last 24 hours
Full-timeBourbonnais, IL, USA$72.1k - $84.3k /yrIn-person

About the Job

Requirements

  • Strong understanding of Generally Accepted Accounting Principles (GAAP) and accounting controls.
  • Advanced analytical and problem-solving skills with attention to detail.
  • Ability to independently prioritize workload, meet deadlines, and manage multiple responsibilities.
  • Strong written and verbal communication skills.
  • Proficiency in Microsoft Excel and accounting software applications.
  • Experience preparing account reconciliations, journal entries, and financial reporting schedules.
  • Ability to identify process improvement opportunities and contribute to operational efficiencies.
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum of 5 years of accounting experience.
  • Experience with general ledger systems and financial reporting applications.

Responsibilities

  • Lead by example, fostering a culture of accountability, collaboration, professionalism, and continuous improvement.
  • Independently compile, analyze, and review financial information to prepare and record journal entries within the general ledger system, ensuring transactions are accurately documented and properly supported.
  • Record, reconcile, and analyze the Bank's daily cash and investment activities, identifying variances and escalating concerns as appropriate.
  • Prepare, review, and maintain account reconciliations, ensuring outstanding items are researched and resolved in a timely manner.
  • Support the month-end and year-end close processes, including preparation and review of journal entries, reconciliations, schedules, and supporting documentation.
  • Prepare a variety of daily, weekly, and monthly accounting schedules and reports with a high level of accuracy.
  • Maintain and update departmental procedures, ensuring documentation remains current, accurate, and aligned with internal control requirements and standard procedure templates.
  • Support internal and external audits by collecting, reviewing, validating, and organizing audit documentation and responding to auditor requests.
  • Assist with the preparation and filing of regulatory reports, including but not limited to the FR 2900 Report, Call Report, and Y-9SP Report.
  • Serve as a backup for the Accounts Payable function, including reviewing expense coding, processing vendor invoices and employee reimbursement requests, and ensuring compliance with company policies and procedures.
  • Identify process inefficiencies and opportunities for improvement, recommend solutions, and support implementation of approved enhancements.
  • Perform special projects, research assignments, and ad hoc financial analyses as requested by management.
  • Collaborate effectively with internal departments and business partners to resolve accounting-related questions and issues.

Desired Qualifications

  • Knowledge of banking operations, regulatory reporting, and financial institution accounting.
  • Banking or financial services industry experience.

About the Company

Servbank

Mortgage subservicer delivering end-to-end servicing

Servbank provides full-service banking plus end-to-end mortgage loan servicing for banks, credit unions, non-banks, and other financial institutions. It uses ICE Mortgage Technology MSP for core servicing and its own SIME platform to give clients real‑time portfolio visibility and manage activities like customer care, defaults, escrow, and private-label servicing. The company differentiates itself by focusing on mortgage subservicing with integrated technology and continuity in leadership from The Money Source team. Its goal is to grow its subservicing and related banking services across a diverse client base and new channels.

Company size
201-500
Company stage
Debt Financing
Total funding
$90M
Headquarters
Oswego, IL
Founded
1994

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