Corporate Loan Accountant

American AgCredit

9d • $58,322 - $87,483 • Remote

About The Position

The Corporate Loan Accountant performs a variety of intermediate and advanced specialized loan accounting functions that include recording new loans, complex modifications and conversions, and maintenance transactions to existing loans. Tasks also include the processing of monetary transactions related to loan payments, advances and fee processing. The incumbent has knowledge of generally accepted accounting principles that can be applied to assigned tasks and the ability to examine information or a situation in detail in order to identify issues and solve them. He/she works independently and provides accurate and timely responses to inquiries from both customers and Association credit staff, demonstrating outstanding customer service.

Requirements

• Bachelor’s Degree in Business or Accounting or equivalent amount of general accounting experience or Loan Accounting experience may be substituted for this academic background.
• At least 3 years general accounting experience or equivalent; Loan accounting experience preferred.
• Proficient in organizing and prioritizing work to meet deadlines.
• Exceptional interpersonal skills including the ability to communicate effectively both verbally and in writing.
• Proficient in the use of automated accounting software applications, Microsoft Excel, Microsoft Word and email.
• Must have the ability to perform basic office tasks and work in a typical office setting.
• Employee will be sitting for extended periods of time and accomplishing work at a desk and work at a computer for an extended period of time.
• Must have strong written and verbal communication skills to adequately convey ideas and work well with a team.
• Ability to talk and hear, sit and use their hands and fingers, and reach in all directions is essential in performance of the job.
• Some lifting and moving of items up to 25 pounds required.
• Work during established business hours and may require occasional weekend and/or evening work.
• Eligibility to work in the United States.
• Cannot sponsor or transfer visas for applicants.

Nice To Haves

• Loan accounting experience preferred.

Responsibilities

• Records new loans, renewal loans and a variety of other complex loan modifications and maintenance transactions to the loan accounting system after reviewing the loan origination system, loan documents and boarding sheets for terms, conditions and controls.
• Completes peer review of new loan set ups, loan renewals and modifications, comparing source documents to the loan accounting system to ensure accuracy of information.
• Records deferred loan fees and associated costs as required under FASB91 and processes a variety of other loan-related fees.
• Reconciles customer receivable and payable accounts including general ledger holding accounts and monitors account balances and activity to ensure timely disposition.
• Records payments, disbursements and adjusting entries in the loan accounting system verifying the accuracy of each posting.
• Prepares adjusting and/or correcting entries when required.
• Monitors, researches and resolves past due accounts.
• May assist in training other loan accounting team members in accounting activities and procedures.
• May perform non-routine transactions such as non-accrual accounting, loan restructures and forbearance agreements.
• Serves as a liaison between customers, participating Farm Credits and Commercial Banks.
• Performs other duties as assigned.

Benefits

• Commitment to agriculture and the communities we serve
• Family friendly work environment
• Investment in employee development
• Medical, Dental and Vision coverage
• Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
• Generous Paid Time Off (Vacation accrued at 21 days annually, Sick Days accrued at 15 days annually, 12 paid holidays, plus 16 hours of volunteer time)
• Competitive Incentive Compensation Plan
• Disability & Life Insurance
• Employee mental, physical, and financial wellness programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level