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