PRIMARY PURPOSE: This position will assist in the accounts payable process in ensuring timely payments and vendor satisfaction. This position will also assist with monitoring and implementing purchasing controls and procedures.
ESSENTIAL JOB FUNCTIONS: include the following and other duties may be assigned as needed.
- Accurately enters all invoices into Sage MAS100 on a daily basis.
- Process between 150-200 invoices per week
- Ensure proper GL Colding
- Verifies invoice approvals and routes for approval, if necessary.
- Handles vendor calls & emails. Provides timely responses to all AP inquiries. Maintains a positive relationship with all vendors.
- Collects vendor W-9 form and enters vendor data into system.
- Prepares yearly 1099 reporting.
- Reviews & processes employee expense reports.
- Initiates the check run. Prepares checks and mails to vendors and files documents into corresponding vendor files.
- Performs filing & file maintenance.
- Special/other projects as assigned by management.
EDUCATION and/or EXPERIENCE:
Associate’s Degree (AA) from two year college or technical school and/or training; or equivalent combination of education and experience. Minimum of 3 years specific accounts payable experience in fast paced environment.
Additional requirements include: computer knowledge (Microsoft Office); knowledge of electronic accounting software; 10-key by touch; well developed clerical & accounting skills; strong written & verbal communication skills; analytical, process oriented, and ability to focus on details for long periods of time.
As we are acutely aware, the winter and all that it brings us in New England, is fast approaching. Over the long Thanksgiving Holiday, there were major power outages throughout New Hampshire, Maine and even a small part of Massachusetts. I have heard a few stories of raw turkeys and unbaked pies. That’s just not right.
As many of you know from your loan officers or the CE course on Renovation Lending, mortgages for homes in need of repairs or desired renovations are available from Regency. But although we all think about using renovation lending to cure property issues or to add new kitchens, baths, decks, septic systems and roofs, you can also install permanent standby generator systems with a renovation loan.
I saw several ads this weekend for generator systems, so that must mean we are getting into the season where a power failure can cause heat to go down along with lights, cooking and the most important of necessities, TV and internet access. Homes with well water and pumps cannot flush toilets or run the water. Generator system can solve all these issues.
To qualify for a renovation loan that includes a generator feature it must be a permanent part of the real estate. That means that the generator and electrical connections stay with the home when the new owners sell it down the road. Typically, that requires the wiring be done through the main breaker box of the house. Also, the generator itself must be in a permanent location; e.g. a concrete pad. So that eliminates many of those wheel based generators which are kept in a shed or garage and pulled out when power goes down. The generator needs a permanent home and preferably needs to be bolted to its base. All fuels are permitted as long as they meet the local codes.
So when a home buyer asks you about auxiliary power options for the new home they are buying, you can advise them of the renovation loan option that can cover it.
Stay warm this winter and remember……Renovation – Regency.
Paul Amatucci-VP of Renovation Lending
Bay Area-Based Private Mortgage Lender Expands to East Coast
ALAMO, Calif. – September 19, 2014 – RPM Mortgage Inc. (RPM), a leading private mortgage lender, today announced that it has acquired Regency Mortgage Corporation, a fast-growing, 14-branch private mortgage lender with operations in New Hampshire, Maine, Massachusetts, Vermont, and Florida.
The Regency acquisition expands RPM’s regional footprint to the East Coast. RPM’s strength and stability will provide Regency loan originators with access to a larger menu of loan products, in addition to robust technology and compliance support. The combination of the two independent lenders will provide both RPM and Regency loan originators with attractive pricing options for their customers. In 2013 RPM funded $5.9 billion and Regency funded $505 million in residential home loans. Regency will continue to operate under its current brand and its operations will remain local.
RPM CEO Rob Hirt comments on the acquisition. “Higher compliance costs are an unfortunate reality of today’s mortgage lending environment. This creates a challenge for independent mortgage lenders to remain price-competitive and provide quality loan products. The combination of RPM and Regency will enable us to service our respective markets and provide the best possible loans for our customers,” said Hirt. “Regency is a natural fit for the RPM family, and we look forward to helping homeowners on both the East and West Coasts to meet their financial and real estate goals.”
Other similarities of the two independent lenders include the fact that they are both led by their founders. RPM is owned and operated by founders Rob and Tracey Hirt, and Regency is owned and operated by founders Quentin Keefe and Maureen Lemay. Keefe and Lemay will continue in their present positions.
Both organizations place a high level of priority on their employees and their company cultures. Quentin Keefe, CEO of Regency said, “RPM believes as we do, that if you hire great people and create an environment that empowers and respects them, good things will follow. RPM’s financial strength will afford us the opportunity to continue to grow our brand throughout New England and provide a quality place of employment for our employees.”
Regency Mortgage Corporation was founded in February 1996 and is headquartered in Hooksett, New Hampshire. Business New Hampshire Magazine named Regency as the third fastest growing company in 2014. Regency offers a particularly vast array of mortgage products including conventional loans, jumbo loans, FHA, VA and RD (Rural Development) financing, rehabilitation loans, construction loans and portfolio loans.
To continue on this growth trajectory, RPM’s primary strategy is to continue to seek out like-minded, retail only, independent mortgage companies where they feel that they can best serve homeowners, such as the Northeast, Southeast, Texas and Chicago.
About RPM Mortgage Inc.
Based in Alamo, California, RPM Mortgage Inc. is a private mortgage lender. Since 1986, trust, knowledge and community focus have been the core values upon which RPM has built a reputation as a trusted mortgage lender. Scotsman Guide ranked RPM as the No. 5 mortgage lender in Top Retail Volume and No. 14 in Top Overall Volume for 2013. In addition, RPM is the only privately owned U.S. mortgage originator to have earned Standard & Poor’s (S&P) Above Average ranking in all ratings categories and was also named one of S&P’s Select Servicers in 2014. RPM services more than $3 billion in loans and their footprint of nearly 60 branches serves communities across Arizona, California, Colorado, Nevada, Oregon, Texas and Washington. For more information, please visit www.rpm-mtg.com, call 925-295-9300, or follow @RPMMortgage.
RPM Mortgage, Inc. | 3236 Stone Valley Road West, Alamo, CA 94507 | NMLS #9472 | AZ – Arizona Mortgage Banker License #0924551. CA – California Bureau of Real Estate, Real Estate Broker License #01818035. CO – Regulated by the Division of Real Estate #9472. NV – Nevada Mortgage Broker License #1232. OR – Oregon Mortgage Lending License #ML-4876. TX – Regulated by the Department of Savings and Mortgage Lending #9472. WA – Washington Consumer Loan Company License #CL-9472. | Equal Housing Opportunity.
We have some exciting news to share with our Realtor Partners! We have moved upon Business NH Magazine’s, Five Fastest Growing Companies list! Last year we were pleased to be the Fifth Fastest Growing Company for 2013, however this year we are happy to announce we have moved up to the Third Fastest! We are the ONLY company to make a second appearance among the Fast Five this year!
On top of that we landed at #4 on the NH Top 100 Private Companies list! We have been moving up on this prestigious list as well, in 2012 we were #9 and 2013 we moved up to #6! So we could not be happier to be at #4 for 2014!
This could not have been accomplished without the help from our preferred Realtor Partners, so thank you for helping us achieve such an incredible accomplishment!
Regency Mortgage Corporation is pleased to announce that Paul Amatucci has joined the company as Vice President, Renovation Lending.
Paul’s experience, expertise, knowledge and success in renovation lending will enhance this product offering for our borrower clients while reinforcing our strength with our referral partners. Working hand in hand with Regency mortgage planners, realtors, contractors and valued added partners, we look forward to strong growth in FHA 203k, Fannie Mae Homestyle and USDA plus rehab loans.
Paul comes to us from nine years with M&T Bank covering the northern New England area and is well versed in our market and its unique needs. He has strong credentials in both construction and renovation lending as well as a significant senior management career in financial services.
Please welcome Paul as a valued member of our Regency family.