PennyMac Financial Services, Inc.

VP General Accounting

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent experience
  • 7+ years of relevant work experience
  • Strong to advanced Excel skills
  • Proficient in Visio and PowerPoint
  • MS SQL skills beneficial
  • Public Accounting experience beneficial

Responsibilities

  • Evaluate financial products and their impact on Corporate Accounting
  • Coordinate variance analysis with unit managers for reporting
  • Facilitate integration of new business lines into operations
  • Perform analysis and reporting for management and compliance
  • Identify efficiency opportunities in accounting processes
  • Support preparation of SEC and regulatory financial reporting
  • Demonstrate alignment with the organization’s culture and values

Benefits

  • Comprehensive Medical, Dental, and Vision coverage
  • Paid Time Off Programs including vacation and parental leave
  • Wellness Programs and onsite facilities
  • Retirement benefits including 401k match and tuition reimbursement
  • Philanthropy Programs with volunteer grants and corporate sponsorships
Full Job Description
A Typical Day

The Vice President General Accounting is responsible for developing, enhancing and maintaining financial analytics and reporting to support the Companies’ financial products and determine the impact on Corporate Accounting. As the VP General Accounting, you will also be responsible for accurately performing time-sensitive duties with accountability and flexibility, utilizing strategic/critical thinking and demonstrating appropriate organizational and prioritization skills to accomplish goals and objectives.

 

The VP General Accounting will:

 

  • Evaluate financial products and report on the impact of new business lines and products to Corporate Accounting
  • Coordinate with unit managers regarding their variance analysis and summarize into monthly senior management reporting
  • Facilitate integration of new business lines and products into departmental operations, including preparation of complex general ledger entries and process flow documentation
  • Perform analysis and reporting to support ad hoc management and compliance requests
  • Identify opportunities for accounting process efficiencies including technology solutions
  • Support preparation of SEC and regulatory financial reporting packages and statements for parent and subsidiary
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization’s desired culture and values
What You’ll Bring
  • Bachelor’s degree or equivalent work experience
  • 7+ years of relevant work experience
  • Must be strong to advanced in Excel (complex formulas and pivot tables)
  • Must be proficient with Visio and PowerPoint
  • MS SQL skills beneficial, not required
  • Public Accounting experience beneficial, not required

 

Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: 

  • Comprehensive Medical, Dental, and Vision
  • Paid Time Off Programs including vacation, holidays, illness, and parental leave 
  • Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
  • Retirement benefits, life insurance, 401k match, and tuition reimbursement 
  • Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

 

To learn more about our benefits visit: https://pennymacnews.page.link/benefits

 

For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information

 

Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:

  • Lower in range - Building skills and experience in the role
  • Mid-range - Experience and skills align with proficiency in the role 
  • Higher in range - Experience and skills add value above typical requirements of the role 

 

Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. 

 

Salary$95,000 - $155,000 Work ModelOFFICE

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a mortgage finance company that provides home loans and related services. The company was founded in 2008 and is headquartered in Westlake Village, California. PennyMac's business includes the origination, servicing, and sale of mortgage loans, as well as the management of investments related to mortgage loans. The company operates in two segments: Production and Servicing. PennyMac's mission is to make homeownership accessible and affordable for all Americans by providing innovative mortgage solutions.
Learn more about PennyMac Financial Services, Inc.
Size
6,308 employees
Market Cap
$2.7 billion
Industry
Net Income
$1.6 billion
5 Year Trend
+21.2%
Revenue
$4.5 billion
NASDAQ

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