SagentSA

Account Payable SR Specialist

Sagent is a fintech software company that modernizes mortgage and loan servicing for banks, lenders, and consumers through its comprehensive platform. It aims to simplify homeownership by providing tools for servicing operations, consumer engagement, and default management.

Sagent

Employee count: 501-1000

United States only

Why you'll LOVE Sagent:

You could work anywhere. We know you are talented and looking for something inspiring and impactful. A place where you will make a difference and have a great time doing it!

By choosing Sagent, you can be part of our mission to make loans and homeownership simpler and safer for all consumers.

Sagent powers servicers and consumers. You power Sagent!

About the Opportunity: Sagent, an innovative technology company in the housing and lending space, is looking for an Accounts Payable Specialist. In this position, you will be a key contributor to our Accounting and Finance team, responsible for the Accounts Payable function, ensuring the integrity of financial transactions. We are seeking a skilled Accounts Payable Specialist who is detail-oriented, organized and has excellent problem-solving skills. This role requires a candidate with strong organizational skills, detail theoretical knowledge base, specific functional expertise, and the ability to provide guidance to a growing Accounts Payable function within Sagent.

Your day-to-day at Sagent:

  • Ensure timely and accurate processing of vendor invoices, ensuring proper coding, approval workflows, and adherence to company policies
  • Review and monitor Sagent’s Accounts Payables mailboxes to ensure all transactions are captured on our P2P platform and respond to inquiries within 48 hours.
  • Learn and become a subject matter expert on our P2P platform (Yooz).
  • Maintain organized and accurate accounts payable records, reconcile statements, and ensure compliance with accounting standards and internal controls
  • Complete weekly cash forecast report and accounts payable aging report.
  • Collaborate with cross-functional teams, including Finance, Procurement, and Operations, to streamline processes and communication
  • Assist with monthly KPI’s to identify areas for improvement
  • Stay updated on industry best practices and trends in accounts payable to continuously improve processes
  • Establish and maintain relationships with vendors, resolve payment discrepancies, and address inquiries, foster positive partnerships
  • Ensure compliance with all regulatory agencies, including but not limited to maintenance of W-9s, and preparation of 1099s

We would love to hear from you if you have:

  • Bachelors Degree in a relevant discipline preferred, or experience in Lieu of Degree

  • Minimum of 4 years’ experience in an Accounts Payable function.
  • Full understanding of how Accounts Payable impacts the balance sheet, account reconciliations and the Financial Statements
  • Strong accounting and finance knowledge and experience (month/year-end close, general ledger, financial systems, financial reporting, consolidations, cash flow modeling, reconciliations, AR, AP, etc.)
  • Application of theoretical knowledge to achieve accounting goals through individual and team contributions.
  • Ability to provide guidance to others as a project manager or lead, demonstrating technical expertise.
  • Proficiency using the P2P (Yooz) platform
  • Expert level Microsoft Excel skills

Perks!

As a Sagent Associate, you will be eligible to participate in our benefit programs beginning on Day #1! We offer a comprehensive package including Remote/Hybrid workplace options, Health Benefits, Unlimited Flexible Time Off, Family Planning Services, Tuition Reimbursement, Paid Family Leave, 401(k) Matching, Pet Insurance, LinkedIn Learning, Virtual Social Experiences, Career Pathing, Focus Time Fridays and much, much more!

Why Sagent?

Sagent is transforming the mortgage servicing industry by bringing the modern experience customers now expect from loan originations to loan servicing. Our platform lets customers manage their home-owing lives from anywhere while giving servicers lower costs, scale compliance and higher servicing values through full market cycles.

Sagent is a joint venture that combines Fiserv Inc.'s decades of market-leading fintech expertise with Warburg Pincus' skill in growing technology companies. We hire innovators and doers to disrupt the last and most complex frontier of lending and housing. We're growing fast and need you to help shape our future.

Sagent is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

About the job

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Posted on

Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

United States +/- 0 hours

About Sagent

Learn more about Sagent and their company culture.

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Sagent's story begins with a clear mission: to revolutionize the mortgage servicing landscape. What started as Fiserv Lending Solutions, a part of the financial technology giant Fiserv, underwent a significant transformation in 2018. This was the year Sagent Lending Technologies was born, emerging as a joint venture between Fiserv, Inc. and Warburg Pincus, a leading global private equity firm focused on growth investing. This strategic partnership was designed to combine Fiserv's decades of market-leading fintech expertise with Warburg Pincus's skill in nurturing and expanding technology companies. The goal was ambitious yet straightforward: to modernize the lending and homeownership experience for both loan servicers and consumers. Sagent set out to tackle the complexities of mortgage servicing, an area of lending and housing often seen as the last and most intricate frontier.

From its inception, Sagent focused on empowering banks and lenders to make loans and homeownership simpler and safer for millions. The company recognized that the modern consumer expected a seamless digital experience, akin to what they received during loan origination, to extend throughout the entire lifecycle of their loan. Sagent's vision was to create platforms that would allow consumers to manage their home-owning lives from anywhere, while simultaneously providing servicers with tools to lower costs, ensure scale compliance, and enhance servicing values across all market conditions. A pivotal moment in Sagent's journey occurred in March 2022, when it entered into a landmark deal with Mr. Cooper. As part of this agreement, Mr. Cooper became a Sagent customer, and Sagent acquired Mr. Cooper's highly experienced mortgage servicing fintech team, significantly boosting its talent pool, particularly in India. This acquisition also involved Mr. Cooper selling certain intellectual property rights for its cloud-based technology platform to Sagent and receiving a minority equity stake in the fintech company. This move further solidified Sagent's commitment to building a cloud-native, end-to-end loan servicing software platform. The company continued to evolve, with Geno Paluso taking the helm as CEO in February 2024, succeeding Dan Sogorka. Under new leadership, Sagent has remained dedicated to its core mission, launching innovative solutions like the Dara platform, aimed at transforming the servicing ecosystem. Sagent's journey reflects a relentless pursuit of innovation and a commitment to simplifying the complexities of mortgage servicing for the benefit of both financial institutions and the homeowners they serve.

Employee benefits

Learn about the employee benefits and perks provided at Sagent.

View benefits

Profit Sharing

Offers profit sharing plans.

Mentorship

Provides mentorship programs.

Job training

Offers job-specific training.

Employee Group Insurance

Offers employee group insurance.

View Sagent's employee benefits
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