Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016, Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers today. To learn more about Spring EQ, visit www.springeq.com.

At Spring EQ, it is our mission to empower homeowners and buyers to achieve and maximize the value of homeownership in a simple, fast, and ethical manner.  Our values are to

• Be kind and treat all people – teammates, customers, and vendors – with respect and consideration  
• Be adaptable and embrace change
• Be accountable and take responsibility and deliver the effort to fully complete the task
• Be better and strive for continuous improvement in ourselves, our team, and the company for our customers
• Be part of the solution and solve problems, find the answers, and collaborate
• Work hard, have fun, and get things done!

The Director of Accounting Operations oversees all accounting functions related to mortgage loan transactions, including loan sales, investor reporting, accounts payable, accounts receivable, expenses management and accruals and reconciliations. This role ensures compliance with GAAP, internal controls, and industry regulations while supporting month-end close and financial reporting. The ideal candidate has deep knowledge of mortgage accounting practices and is comfortable leading a small team in a fast-paced, deadline-driven environment.

• Manage Accounting Operations including Accounts Payable and Accounts Receivable. Ensure accurate posting of payables and timely invoicing of collection activities.
• Manage the process on third-party recovery. Including identifying opportunities for recovery of TPO or Correspondent premiums for EPD, EPO, paydowns and rep and warrant errors.  Work with department heads
• Owns all external reporting; regulators, investors, GSEs, government agencies, warehouse banks.
• Responsible for measuring and monitoring balance sheet risk at the portfolio level, including repurchases, loan sales, loan loss coverage.
• Responsible for banking administration, including ACH and wire approval, template approval and control reporting for the CEO, VP Controller and Audit Commitee
• Leads the enhancement and streamlining of financial management reporting efforts.
• Internal Servicing Reporting, work with Servicing on reporting, interest income and portfolio performance.
• Assists the CFO in annual tax compliance and filings.
• Lead and mentor a diverse team of managers and analysts, conduct formal and informal performance and compensation reviews, set goals, set priorities and ensure appropriate training and development efforts are in place.
• Ensure timely and accurate investor reporting, including remittances, payoff reconciliations, and purchase advices for agencies and private investors. Remain up to date on investor requirements and manage compliance to avoid penalties or buybacks.
• Serve as a key contact for external auditors and regulatory examiners. Prepare required schedules, documentation, and reconciliations to support financial audits, HMDA, and other regulatory filings.
• Develop, document, and maintain mortgage accounting policies and procedures. Identify opportunities to streamline processes and implement automation tools to improve efficiency and accuracy.
• Ensure that accounting systems (e.g., LoanVision) are correctly integrated and functioning. Liaise with IT or vendors for troubleshooting and upgrades.
• Supervise, mentor, and train accounting staff involved in mortgage operations. Provide guidance on technical accounting matters and foster a culture of continuous learning and professional development.
• Partner with departments such as Compliance, HR, Operations, and Legal to ensure seamless communication and alignment on mortgage transactions and employee compensation matters.

• Strong knowledge of accounting principles, financial reporting standards, and mortgage-specific accounting practices.
• Excellent problem-solving and analytical skills, particularly in reconciling complex mortgage accounts.
• Ability to communicate effectively with both financial and non-financial stakeholders.
• Strong organizational skills, with the ability to manage competing priorities and meet deadlines.
• Ability to collaborate effectively with cross-functional teams to ensure the accuracy of mortgage-related financial data.
• Strong understanding of warehouse lending and loan sales
• Advanced Excel skills and experience with ERP systems

Education and Experience:

• Bachelor’s degree in Accounting, Finance, or related field (CPA preferred)
• 5+ years of accounting experience, including 2+ years in mortgage banking
• Proficiency with mortgage systems and accounting software (e.g., Encompass, Blue Sage, LoanVision or AMB)
• Knowledge of mortgage-related regulations such as RESPA, HMDA, and other industry-specific guidelines.

Physical & Mental Abilities Requirements:

Physical Abilities:

• Prolonged periods sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds occasionally (e.g., files, binders)
• Ability to participate in virtual meetings and occasional in-person team events
• Minimal travel may be required for training or conferences

Mental Abilities:

• Ability to manage multiple priorities under strict deadlines
• Strong problem-solving and critical thinking skills
• High degree of confidentiality and integrity
• Excellent verbal and written communication skills
• Capacity to work independently and in a collaborative team environment
• Comfortable making decisions and providing guidance to junior staff

Accommodations are available to enable individuals with disabilities to perform essential job functions, as required by law.

Benefits 

• 401k Company Match
• Commuter Benefits
• Credit Union Membership
• Company Holidays
• Dental Insurance
• Dependent Care Plan
• Disability Insurance
• Employee Assistance Program
• Life Insurance
• Medical Insurance
• Paid Time Off Plan
• Vision Insurance

Applicants must be authorized to work in the US.  We do not offer sponsorship for work authorization, or related employment visas, for this position.

Spring EQ is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all team members.