Loan Servicing Accountant

Full Time
On-Site 
Position Overview:
The Loan Servicing Accountant is responsible for managing and maintaining the financial records and reporting related to loan portfolios. This role entails recording transactions, reconciling accounts, preparing payables, creating financial statements, maintaining interest schedules, preparing loan statements and collaborating with other departments to maintain accurate and efficient loan servicing. The Loan Servicing Accountant plays a vital role in supporting the financial health and operational efficiency of the organization.

1. Loan Accounting and Reporting:
   • Create debt schedules using excel templates and a summary of loan terms.
   • Maintain and reconcile debt schedules.
   • Prepare and analyze monthly, quarterly, and annual financial reports.
   • Monitor loan transactions and ensure accurate accounting treatment.
2. Payment Processing:
   • Record loan payments, disbursements, and adjustments.
   • Ensure timely application of payments to principal, interest, fees, and escrow.
   • Resolve discrepancies related to loan payment processing.
3. Compliance and Auditing:
   • Ensure compliance with internal policies, accounting standards, and regulatory requirements.
   • Assist in audits by providing requested documentation and explanations.
   • Monitor and report on delinquencies, modifications, and other risk factors.
4. Reconciliations:
   • Reconcile loan balances, interest income, and escrow/reserve accounts.
   • Investigate and resolve variances or discrepancies.

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience:
  • 2-5 years of accounting experience, preferably in loan servicing or financial services.
• Technical Skills:
  • Proficiency in QuickBooks.
  • Advanced Excel skills (e.g., index match, XLOOKUP, macros, etc).
• Soft Skills:
  • Strong analytical and problem-solving skills.
  • Attention to detail and high accuracy.
  • Excellent communication (in English) and organizational skills.
  • Strong commitment to deadlines.
• Knowledge:
  • Understanding of GAAP (Generally Accepted Accounting Principles).

Note:  This description indicates, in general terms, the type and level of work performed and responsibilities held by the team member(s).  Duties described are not to be interpreted as being all-inclusive or specific to any individual team member.   

No Third Party Agencies or Submissions Will Be Accepted.   

Our company is committed to creating a diverse environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. DFWP   

Opportunities posted here do not create any implied or express employment contract between you and our company / our clients and can be changed at our discretion and / or the discretion of our clients. Any and all information may change without notice. We reserve the right to solely determine applicant suitability. By your submission you agree to all terms herein.