Loan Servicing Accountant

Loan Servicing Accountant

Job Description

Commercial Property Assessed Clean Energy (C-PACE) is a tool used by property owners and developers to finance energy efficiency, renewable energy, and resiliency measures incurred to improve commercial property. 

Founded in 2017, PLG is a leading national direct C-PACE lender. With an industry-leading balance sheet, PLG is focused on originating/servicing C-PACE loans nationwide. We are on the ground floor of something big - and we want you to be a part of it.

We are adding a Loan Servicing Accountant to our team. This position will be located in our Minneapolis office, where the team is in the office Monday-Thursday, and electively on Friday.  You will learn from seasoned commercial real estate finance veterans, while working in a growing field.  

Your day-to-day responsibilities will vary, but primarily will be focused on processing draw requests, reconciling bank and escrow balances, and ensuring our loans are billed and collected timely.  If you have a drive to learn and work hard, and enjoy a small, growing environment, this is the role for you! 

Primary Responsibilities

• Billing: Invoicing for upcoming loan payments
• Collections: Reviewing applicable states’ property tax bills to ensure borrowers paid PACE special assessments
• Collections: Assistance with monitoring of existing portfolio and ensuring payments remitted on time and, where applicable, assisting with early payoffs
• Accounting: Accessing, reviewing, and reconciling bank accounts where construction escrows are held
• Accounting: Ensuring bank account balances tie to servicing platform balances
• Accounting: Ensuring internal systems and files reflect loan payments received, and any loan payments due to third parties
• Loan Servicing: Critically reviewing and processing construction loan draw requests and drafting wires and ACHs to transfer funds
• Loan Servicing: Ensuring that we are funding appropriately, according to the applicable PACE statute
• Other tasks as needed

Skill set must include the following:

• At least 1 year of experience with bookkeeping/accounting/commercial real estate/draws/lien waivers
• Extremely detail-oriented with demonstrated ability to follow through on tasks
• Curious, with a problem-solving attitude (identify issues, but also suggest solutions)
• Extremely organized and responsive
• Research skills
• Moderate Excel skills
• Ability to work in a fast-paced environment while delivering accurate and quality work-product

We're proud to be an equal opportunity employer and welcome our employees’ differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Difference makes us better. Join us.