Axos Bank

Target Range:

$80,000.00/Yr. - $130,000.00/Yr.

Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.

Eligible for an Annual Discretionary Cash Bonus Target: 10%

Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 10%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

The Manager, Loan Accounting is responsible for overseeing the accounting, financial reporting, and reconciliation activities related to the Bank's loan portfolio. This role ensures the accuracy and integrity of loan accounting records, compliance with GAAP and regulatory requirements, and timely financial reporting. The Manager leads a team of accounting professionals, partners closely with Lending, Credit, Finance, Treasury, and Operations teams, and supports internal and external audits.

Responsibilities:

• Manage the day-to-day accounting functions for the Bank's loan portfolio, including commercial, consumer, residential, and specialty lending products

• Oversee loan accounting processes, ensuring accurate recording of loan originations, payoffs, purchases, participations, nonaccrual loans, charge-offs, recoveries, and fee amortization

• Review and approve journal entries, account reconciliations, and month-end close activities related to loan accounting

• Monitor loan accounting controls and implement process improvements to enhance efficiency, accuracy, and scalability

• Partner with Credit and Finance teams to support the Allowance for Credit Losses (ACL) process and related reporting requirements

• Prepare and review financial schedules, regulatory reporting data, and disclosures related to the loan portfolio

• Ensure compliance with GAAP, regulatory requirements, internal policies, and SOX controls where applicable

• Coordinate and support internal audits, external audits, and regulatory examinations

• Research and document accounting treatment for new lending products, transactions, and regulatory changes

• Develop, maintain, and enhance loan accounting policies, procedures, and controls

• Lead, mentor, and develop accounting staff, fostering a culture of accountability, collaboration, and continuous improvement

• Partner with technology and operations teams to support system implementations, upgrades, and process automation initiatives

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field required

• CPA preferred

• 7+ years of accounting, financial reporting, or loan accounting experience, preferably within a bank or financial institution

• 3+ years of management or leadership experience

• Strong knowledge of GAAP, loan accounting principles, and financial institution regulatory reporting requirements

• Experience with commercial, consumer, residential, and specialty lending products

• Experience supporting the Allowance for Credit Losses (ACL) process and accounting for credit losses

• Knowledge of Call Report reporting requirements and banking regulations

• Demonstrated ability to manage complex reconciliations, identify process improvements, and implement effective internal controls

• Experience supporting accounting system implementations, automation initiatives, or large-scale process improvements

• Advanced analytical, problem-solving, and organizational skills

• Proficiency with accounting systems, general ledger platforms, and Microsoft Excel

• Strong communication and interpersonal skills with the ability to collaborate across multiple business functions

Axos Employee Benefits May Include:

About Axos

Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.

Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

Learn more about working at Axos

Pre-Employment Background Check and Drug Test:

All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.

Equal Employment Opportunity:

Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state, and local laws.

Job Functions and Work Environment:

While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.

The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

E-Verify and Right to Work Notices

Axos participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States. The E-Verify program is an internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.

IER Right to Work Poster (English/Spanish)

E-Verify Participation Poster (English/Spanish)