Manager Accounting – U.S. Mortgage Business Job Listing at City National Bank in Jacksonville, FL (Job ID 12356)

Description

MANAGER ACCOUNTING - U.S. MORTGAGE BUSINESS WHAT IS THE OPPORTUNITY? Responsible for building a complete end-to-end U.S. residential mortgage business - spanning origination, secondary marketing, capital markets, servicing, and portfolio management for CNB/RBC. We are seeking a senior-level CPA with deep mortgage accounting expertise and strong controllership instincts to design, implement, and scale the accounting and reporting framework of this new platform.This role will be a key senior leader within the U.S. Mortgage Strategy team, providing both technical accounting leadership and practical operational insight. You'll partner with finance, treasury, risk, operations, and technology to establish best-in-class GAAP, reporting, and control infrastructure from the ground up WHAT WILL YOU DO?

• Accounting & Controllership
• Lead all aspects of U.S. GAAP accounting policy and application across the mortgage lifecycle - from loan origination through sale and servicing transfer.
• Oversee accounting for loan pipelines, warehouse funding, hedging, derivatives, gain-on-sale, and mortgage servicing rights (MSRs).
• Design and implement a scalable financial statement close process, ensuring accuracy, timeliness, and completeness of all mortgage-related results each month, quarter, and year-end.
• Establish and maintain close calendars, account reconciliations, variance analyses, and journal-entry controls that integrate with upstream operational systems.
• Support reporting needs including full financial statement reporting cycle - including internal management reporting, CFO packages, regulatory and board reporting, and external audit support.
• Ensure accurate consolidation and presentation of results under U.S. GAAP and RBC corporate accounting policies.
• Process Design & Systems
• Architect and implement accounting workflows, process documentation, and automation for all loan accounting, sale, and servicing activities.
• Partner with technology teams to align loan origination, capital markets, and servicing systems with the general ledger and sub-ledgers.
• Develop SOX-ready internal controls and documentation for future scalability.
• Strategic Finance & Partnership
• Collaborate closely with the CFO and Secondary/Capital Markets leadership to assess financial impacts of business decisions.
• Translate complex accounting and market-valuation issues into actionable insights for senior management.
• Support capital planning, liquidity, and balance sheet strategy with accurate accounting and fair value analytics.
• Leadership & Team Development
• Help recruit and develop a high-performing accounting and controllership team.
• Mentor staff and foster a culture of accuracy, accountability, and operational excellence.

WHAT DO YOU NEED TO SUCCEED? Required Qualifications*

• Bachelor's Degree or equivalent
• 10+ years of progressive accounting, financial reporting, and controllership experience within U.S. mortgage banking, capital markets, or financial services
• Expert knowledge of GAAP, including ASC 860 (Transfers & Servicing), ASC 815 (Derivatives & Hedging), ASC 310, ASC 825, and related mortgage guidance
• CPA - Certified Public Accountant

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $90,000 - $160,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

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