POSITION SUMMARY: Maintains the loan system and general ledger to ensure complete and accurate financial statements.  This includes activities such as daily loan accounting, cash management, nonaccrual accounting, participation accounting, reconciliations, OPOs, the monthly close process, quarterly and annual financial reporting tasks, loan system maintenance, tax reporting, etc. Functions under minimal supervision. Regularly provides guidance and training to less experienced loan accountants and may be designated to serve in team-lead role.

Areas of responsibility include:

Processes: which may include but are not limited to:

• General Loan Accounting, Cash Management, Reconciliations, Participation Accounting, Auxiliary Loan Accounting, Nonaccrual Accounting

Journal Entry Processing and Account Reconciliations: 

• Advanced overall understanding for general ledger accounts, including source, mechanics, and subsequent ramifications.
• Processing of routine to complex general ledger transactions, while ensuring appropriate documentation and compliance with procedures. 
• Properly and timely preparation of assigned account reconciliations with identification, research, correction, and documentation of all exceptions.

Reporting:

• Responsible for creation, verification, research, correction, and documentation of reports, including but not limited to the preparation of internal reports related to special assets processing.

REQUIREMENTS: 

• Education and/or experience equivalent to a Bachelor's Degree in Accounting, Finance, or business related concentration. 
• Generally, eight or more years of general accounting/loan accounting experience preferred. 
• Possess strong communications skills, both written and oral to represent the Association in a professional manner. 
• Ability to initiate, organize and prioritize work required. 
• Ability to work independently with minimal supervision.
• Excellent problem solving and decision-making skills.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP) and their application to the function performed with employer.
• Must possess analytical skills that are inherently required in an accounting/financial environment.
• Must possess problem-solving skills necessary to solve routine accounting problems and make routine decisions.
• Strong organizational skills with the ability to simultaneously work on multiple projects/assignments and meet deadlines.
• Superior understanding of loan accounting processes preferred. 
• Adaptable and flexible to a changing work environment.
• Prolonged periods sitting at a desk and working on a computer.

Thank you for your interest! 

If your background aligns with our clients needs, one of our Recruiters will reach out. 

Unfortunately due to high volumes of applicants, we may not be able  to respond to those who are not a fit.  If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.