Loan Accountant

AgWest Farm Credit is a member-owned financial cooperative that provides financing and related services to various agricultural sectors. They are seeking a Loan Accountant to handle all accounting functions for loans and leases, ensuring accuracy and compliance throughout the loan process.

Responsibilities

• Communicate internally with stakeholders responsible for direct customer interactions, legal documents, and compliance. Also 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
• 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 reconcilements
• Train others and ensure teammates are aware of and performing updated processes and procedures; effectively update procedures, policies, and internal control documentation
• Demonstrate 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
• All work is in alignment with Internal Controls, accounting standards, regulations and organizational policies
• Perform all duties and maintain all standards in accordance with company policies, procedures, and internal controls
• Other duties as assigned

Skills

• 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
• Proven 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

Benefits

• Medical, dental, and vision insurance
• Basic term life and AD&D insurance (fully paid for by the company)
• Paid days off annually: 15 vacation, 15 sick, 12 holidays and 3 volunteer
• 401(k) plan (6% match plus 3% employer contribution)
• Employee Assistance Program
• Wellness Program
• Jeans are welcome at work every day at AgWest!
• Vacation accrual rates increase with tenure.

Company Overview