Corporate Loan Accountant
Posted 1ds ago
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Job Description
Corporate Loan Accountant handling loan accounting functions and customer inquiries remotely for American AgCredit. Requires strong accounting skills and experience in loan accounting systems.
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
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
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



















