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Senior VP Accounting
full-timeWestlake Village, Pasadena$128k - $254k

Summary

Location

Westlake Village, Pasadena

Salary

$128k - $254k

Type

full-time

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About this role

PENNYMAC

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. 

 

At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.


Job Overview

The role encompasses accounting functions for two public companies.


A Typical Day

The Senior Vice President Accounting will be responsible for oversight of all mortgage banking activities including nonrecurring and complex transactions. SVP will assure that all transactions are properly recorded, documented and reported. The SVP will collaborate with business units, accounting technology team as well as accounting policy and sox teams to ensure all transactions are recorded according to US GAAP. The role will manage, mentor and coach a team of accountants at various levels and be responsible for training and career development related to the team. Our ideal candidate will be someone who seeks a dynamic environment and who can roll up their sleeves and be actively involved in accounting processes at a detailed level.

 

The Senior Vice President Accounting will:

  • Oversee various divisional corporate accounting processes performed daily and during month end close. Areas of focus include mortgage banking activities and financing structures
  • Coordinate and ensure high quality and timeliness in the close process and ensuing reporting
  • Document new transactions and develop operational procedures to ensure accuracy and consistency
  • Bring expertise in US GAAP and financial reporting
  • Develop, implement, and monitor internal control policies and procedures
  • Collaborate with personnel inside and outside the Accounting and Finance function to evaluate and improve processes, resolve issues and increase efficiency
  • Support internal and external audit requests, staying current with evolving accounting standards and available technology and core applications.
  • Manage and mentor the team, fostering collaboration across departments and developing team members (includes hiring, training and retaining talent)
  • Lead or participate in special projects related to system transformation, new transactions, products and strategic initiatives, as needed
  • Prepare ad hoc reporting as requested by management
  • Demonstrate behaviors which are aligned with the organization’s desired culture and values

What You’ll Bring

  • Bachelor’s and/or advanced degree in Accounting
  • Public accounting experience is a must
  • Active CPA is a plus
  • 12+ years of professional accounting experience in a comparable role required with at least 5+years in a leadership position and experience managing SOX and financial audits
  • Financial Services in particular banking or mortgage industry experience preferred
  • Aptitude for finance transformation and process improvements, driven by automation and AI
  • Excellent communication (written and verbal) and interpersonal skills
  • Demonstrated ability to lead and manage a team in a fast paced, demanding, and high transaction volume environment with emphasis on accuracy and timeliness
  • Ability to communicate effectively with both internal and external stakeholders
  • Strong analytical and multi-tasking skills
  • Detail oriented and highly organized
  • Strong analytical skills with ability to distill complex data into recommended actions
  • Highly organized with strong attention to detail and ability to manage multiple priorities and thrive in a fast-paced environment
  • Technology savvy including extensive experience with ERP systems

Why You Should Join

As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. 

 

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

$128,500 - $254,000
Work Model

OFFICE

Other facts

Tech stack
Accounting,Leadership,US GAAP,Financial Reporting,Internal Controls,Audit Management,Team Management,Process Improvement,Communication,Analytical Skills,Detail Oriented,Technology Savvy,ERP Systems,Mentoring,Collaboration,Mortgage Banking

About Pennymac

PennyMac Loan Services, LLC (NMLS #35953) is a top national mortgage lender with over 4 million lifetime customers. Whether you are new to the home loan process or an experienced buyer, Pennymac is dedicated to offering competitive rates and superior service.

Being an online mortgage lender means Pennymac can focus on the needs of its customers rather than maintaining a network of branches and banking products.

Our mission is to build a foundation of homeownership by enabling our customers to achieve and sustain their aspirations of home.

Pennymac Publication Rules
We A.R.E. Pennymac: Accountable, Reliable, Ethical. Pennymac does not pay or otherwise provide compensation for reviews/comments. All reviews/comments are subject to the disclaimer provided prior to posting and become the property of Pennymac once submitted. We reserve the right to validate, remove or republish your reviews/comments at any time.

Equal Housing Opportunity, PennyMac Loan Services, LLC, 3043 Townsgate Road, Suite 200, Westlake Village, CA 91361, 818-224-7442. NMLS ID # 35953 (www.nmlsconsumeraccess.org). For a complete listing of state licenses and important notices, please visit www.pennymac.com/state-licenses. Not all property types qualify. Some loan products may not be available in all states. Information, property type eligibility, rates and pricing are subject to change without prior notice at the sole discretion of PennyMac Loan Services, LLC. Ask your loan officer for details. © 2025 Private National Mortgage Acceptance Company, LLC, Pennymac and all related marks are trademarks of Private National Mortgage Acceptance Company, LLC and/or its subsidiaries or affiliates. Third-party content is the property of its respective owners. All rights reserved. (01-2025)

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 2008

What you'll do

  • The Senior Vice President Accounting will oversee all mortgage banking activities and ensure that transactions are properly recorded and reported. They will also manage a team of accountants and collaborate with various business units to improve processes and resolve issues.

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Frequently Asked Questions

What does Pennymac pay for a Senior VP Accounting?

Pennymac offers a competitive compensation package for the Senior VP Accounting role. The salary range is USD 129k - 254k per year. Apply through Clera to learn more about the full compensation details.

What does a Senior VP Accounting do at Pennymac?

As a Senior VP Accounting at Pennymac, you will: the Senior Vice President Accounting will oversee all mortgage banking activities and ensure that transactions are properly recorded and reported. They will also manage a team of accountants and collaborate with various business units to improve processes and resolve issues..

Why join Pennymac as a Senior VP Accounting?

Pennymac is a leading Financial Services company. The Senior VP Accounting role offers competitive compensation.

Is the Senior VP Accounting position at Pennymac remote?

The Senior VP Accounting position at Pennymac is based in Westlake Village, California, United States and Pasadena, California, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior VP Accounting position at Pennymac?

You can apply for the Senior VP Accounting position at Pennymac directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Pennymac on their website.