Responsibilities
- Analyzes and creates accounting system entries using the appropriate procedures and accounting principles for basic to moderate transactions:
- Sets up new loans and assists in client billing and/or statement monitoring and maintenance.
- Assists in loan/bond accounting issue resolution.
- Assists with setting up service, monitoring and maintenance of specialty programs.
- Calculates, monitors and conducts maintenance for various accounting fees.
- Creates daily general ledger entries.
- Monitors and processes exception journal and unposted items.
- Processes incoming and outgoing wires for assigned accounts, as well as loan/bond pricing maintenance
- Processes specialized RAU (Risk Asset Unit0) loan/bond servicing requests for assigned branches.
- Processes 1098/1099-INT tax reporting items.
- Collaborates with FSO, closures and credit team in setting up participated loan terms to function within the accounting systems.
- Processes payments and disbursements utilizing wires and other forms of fund transfers
- Works with AgriBank/SunStream to process hedge requests and foreign funding.
- Administers ACH and wire template setup and maintenance.
- Monitors credit line rejects, stop payments, duplicates and sequencing.
- Administers NACHA upload and releases.
- Provides technical support for Compeer Financial team members and/or vendors regarding issues with assigned accounting function (loan/lease, or GL clearing account transactions), in accordance with department and organizational policies and procedures.
- Works closely with team members to ensure issues are resolved in an accurate and timely manner to minimize potential client concerns.
- Assists outside Financial companies before and/after a participated loan is closed.
- Assists with providing guidance on how to account for the participated loan.
- Communicate and respond to AgriBank/SunStream regarding transactions and system requests, via email or portal.
- Participates in fraud monitoring and resolution.
- Performs AP check printing and EFT releases.
- Monitors assigned loan exceptions.
- Utilizes reports to identify and correct errors.
- Monitors loans to ensure payments and advances are applied accurately and rates are correct.
- Identifies trends and/or interprets the report information.
- Creates various spreadsheets for data input and calculations and processes corresponding macros, when necessary.
- Verifies transaction entries to ensure accuracy in the accounting system database.
- Creates documents and forms for Loan Accountings internal use.
- Authors department information on the Compeer Financial Intranet site as needed.
- Researches and recommends process improvement and efficiencies within the department and Compeer Financial.
- Documents department policies, procedures and processes.
Requirements
- Bachelor’s degree in accounting, finance or related field; or equivalent.
- Minimum of 3 years related work experience required, preferably in the financial services industry.
- Knowledge of accounting principles.
- Strong, proven interpersonal communication, client service and team skills.
- A high degree of accuracy, strong attention to detail, strong analytical skills, ability to problem solve, ability to meet deadlines, and ability to work independently required.
- Intermediate computer skills including MS Office applications (Word, Excel, Access, Outlook, etc.) and other related accounting software applications.
- Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
- Valid driver’s license.
Benefits
- Hybrid model – up to 50% work from home
- Flexible schedules including ample flexibility in the summer months
- Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
- Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
- Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
- Learning and development programs
- Mentorship programs
- Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
- Professional membership/certification reimbursement and more!
Work Arrangement
Hybrid
Additional Information
- Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.
- The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands.
- This role is eligible for variable compensation and other benefits.
