Loan Accountant

Essential Duties

• Communicate internally with stakeholders responsible for direct customer interactions, legal documents, and compliance.
• Communicate with external stakeholders including commercial banks and Farm Credit entities nationwide.
• Provide operational expertise and consultation on how to structure loans within the accounting system to all business units and branch personnel on complex loans and related financial products.
• Review loan documents and credit agreements for accuracy and consistency to the loan accounting and general ledger systems.
• Reconcile daily loan to general ledger outages and clearing accounts; conduct full spectrum reconciliation including reviewing, researching, analyzing accounts, documenting findings and processing the appropriate accounting entries utilizing multiple computer software programs.
• Works within Loan Accounting Leasing and Funds Management workflows to assist with daily processing, setups, researching and correcting outages as needed.
• Perform daily and monthly report monitoring and make independent decisions to ensure loan terms and key data elements are accurate in accordance with guidelines under accounting standards, regulations, and organizational policies and procedures.
• Prepare detailed and organized work papers to support daily work and reconciliations.
• Train others and ensure teammates are aware of and performing updated processes and procedures; effectively update procedures, policies, and internal control documentation.
• Demonstrate high attention to detail and analytical ability as well as a working understanding of loan accounting, financial accounting, and related systems.
• Participate in various projects as assigned, both within the department and in collaboration with other functional areas, including the Annual Tax Reporting project.

Minimum Qualifications

• Generally, requires one or more years' experience in general business, accounting, finance or similar role in an office setting.
• Knowledge of finance and accounting principles.
• General understanding of credit related laws and regulations.
• Proficiency with MS Office Suite, loan accounting, and general ledger systems.
• Strong written and verbal communication skills.
• Strong attention to detail and accuracy.
• Prioritization and time management skills with a proactive approach to deadlines.
• Bachelor’s degree in accounting, finance or related field; or an equivalent combination of education and experience.