Jeff Ryals Email & Phone Number

Walnut, California, United States

Orange, California, United States

• Managed staff of five accountants, including hiring, training, and leading annual reviews, while establishing individual goals and building dedicated team principles. Reduced risk exposure by certifying general ledger.
• Updated policy and procedure requirements and cross-trained staff to ensure coverage and comprehension.
• Responded to audit requests and presented walk-through responses, resulting in no critical findings over a ten-year period.
• Streamlined processes and created reconciliation templates for a consistent product, minimizing human error and freeing up valuable company resources by saving over ten hours a month.
• Prepared the quarterly OREO (other real estate owned) Schedule C Reporting on a portfolio of 350 properties and a book value of $23 million.
• Entrusted by Senior Management to lead multiple high-level, high impact projects that required up to a year to coordinate, create processes, and complete resulting in award recognition for each cost-cutting improvement.

Irvine, California, United States

• Assisted with the Downey Savings conversion of system and general ledger to U.S. Bank. Performed critical process of balancing all daily cash movement.
• Reconciled twelve daily incoming wire accounts and the loan payment clearing account.
• Oversaw escrow and remittance checking accounts including reconciliation, stop payments and re-issue of checks.
• Developed a HAMP Access database to calculate, reconcile and audit investor, servicer, and borrower incentives due from Treasury thus mitigating potential losses of up to 20% and minimizing overall risk of borrower harm.
• Maintained interest accrual and non-accrual status of portfolio loans safeguarding the proper accounting of interest income.

Newport Beach, California, United States

• Managed the selling of originated and purchased loans to outside investors from the date of trade through settlement for the Secondary Marketing department. Coordinated loan purchases, repurchases and sale activities.
• Created daily hedge position reports for the Director to aid in reducing interest rate exposure risk.
• Prepared monthly loan sales reports and communicated critical timing to the accounting department.
• Built Excel queries, macros, and other shortcuts for colleagues decreasing time spent on everyday activities.

Newport Beach, California, United States

• Generated monthly financial and variance reports for management related to expenses and reconciliations. Produced journal entries and assisted with the month end close.
• Produced 10Q and 10K tables and text for Financial Reporting.
• Analyzed and recorded all gain/loss on loan sales.
• Managed the annual FASB 91 Cost Study to determine the origination cost to amortize over the life of a loan.
• Accounted for all OREO, foreclosure, and portfolio analysis.

San Diego, California, United States

• Established all collection and accounts receivable procedures. Maintained an organized operation by documenting all transactions with mortgagors, investors, tax authorities and insurance agents.
• Created daily and monthly sales reports to the CFO and CEO.
• Provided quality customer service to all existing and over three hundred new clients each month by phone and customized mail correspondence.
• Collected total amounts due from mortgagors with a 97% success rate.