What are the responsibilities and job description for the Loan Accounting & Reporting Specialist position at Farm Credit?
Loan Accounting & Reporting Specialist II(Hybrid - Columbia, SC
TheLoan Accounting & Reporting Specialist IIprides itself on its timely resolution of customer concerns, ability to use relevant accounting knowledge to reconcile general ledger accounts for a large loan portfolio, and exceptional organization related to audit documentation, procedure updates, and other related tasks. The Specialist produces high-quality, detailed work based on established standards, guidelines, and procedures. Consistent, error-free work based on defined regulations and standards are key measures of job performance success. This position is designed to develop a valued technical expert, who, recognized and supported by management and a stable work environment, can deliver quality work consistently.
What you'll do
- Support the AgFirst Borrowing Entity and Loan Accounting systems.
- Perform tasks related to reconciling, balancing, and reporting on each of these systems utilizing various system-generated reports, SQL queries, advanced Excel workbooks, Access databases, Hyperion reporting tools, and analytical thinking.
- Support Associations with high-risk loan accounting processes
- Research and resolve issues with loan exceptions, monitoring billing, and representing the Association Loan Operations systems, applications, and processes on various projects
- Serve as a liaison for the Association Loan Operations department by providing technical, operational, and accounting expertise to our association and bank customers.
- Provide backup to other daily or monthly Association Loan Operations production responsibilities as needed.
What you'll need
- Education and/or equivalent experience to a Bachelor's degree in Accounting or Finance
- Minimum three years of professional-level accounting work experience
- Understands and adheres to GAAP
- Working knowledge of Microsoft Excel, Microsoft Word, and Access/SQL databases
- Ability to learn new technology and utilize technology for improved process efficiency and accuracy
Preferred
- 1 or more years of loan accounting and/or loan processing experience
- Modern loan accounting application experience
- Understanding of banking operations and regulations
