Loan Accountant
The Loan Accountant position is responsible for supporting the AgAmerica Treasury & Servicing Department by performing a variety of loan accounting duties including but not limited to loan level general ledger maintenance, cash management activities, reconciliations, and reporting.
The AgAmerica Treasury & Servicing Department is responsible for ensuring the integrity and accuracy of loan level data and managing the loan-related cash movement and record keeping associated with AgAmerica Lending and its subsidiaries.
The candidate must be comfortable with performing a varied list of duties that could change on a regular basis depending on the needs of the Department. The individual must also possess strong attention to detail, be highly organized, and capable of working in a fast-paced, collaborative environment.
Job Details
Hire Date: ASAP
Position Type: Full-time
Compensation: Salary negotiable based on experience, competitive benefits package, and bonus opportunity.
Benefits: Health/dental/vision insurance, 401k program with employer match, generous time off, fun, and collaborative work environment
Reports To: Senior Treasury Analyst
Direct Reports: None
Job Responsibilities
- Daily Loan Accounting – establish loan level G/Ls (boarding) and subsequent G/L maintenance (payment posting)
- Board new loans in the accounting system
- Reconcile, prepare, and upload the associated accounting records
- Prepare and/or validate client billing statements
- Cash Management – Daily Lockbox/Servicing Transfers (money movement & reporting)
- Prepare daily transfers and templated wires for fundings, draws, and counterparty remits
- Monthly reporting and KPI preparation
- Other duties as assigned
Preferred Qualifications
- Bachelor’s Degree in Accounting or Finance
- One to two years of experience in the Loan Servicing and/or Loan Accounting fields
- Deep understanding of loan documents and the related implications to loan accounting calculations (i.e. how interest is calculated and principal is allocated)
- Excellent loan math skills
- Intermediate experience in Microsoft Excel
Core Competencies
- Self-starter with ability to meet tight deadlines and identify tasks that need to be addressed
- Able to rapidly switch between an array of related tasks
- Ability to explain calculations in a layperson’s terms
- Comfortable in a high-growth, fast-paced environment
- Strong interpersonal and communication skills, highly motivated and proactive
- Ability to demonstrate good attitude, energy, and effort
Travel and Physical Requirements
- Prolonged periods of sitting at a desk and working on a computer
- Must be able to lift up to 15 pounds at times
- Ability to work in dog-friendly office
AgAmerica Mission
- To know the farmer
- To counsel the farmer
- To provide a financial structure that allows the farmer to thrive in good times and to sleep well during tough times
- To celebrate the critical role of the farmer in America, and to champion all that the American farmer represents in a changing world