Loan Accounting Analyst

Description/Job Summary

At FCS Financial, part of the nationwide Farm Credit System, we are looking for a Loan Accounting Analyst to join our Team in Jefferson City. At FCS, we seek individuals who share a passion for agriculture. If you are innovative, independent, self-motivated, people-oriented, precise, and provide excellent customer service we are looking for you. Don't miss this opportunity to start your career if you have experience in establishing processes and maintaining loan accounts, daily cash balancing and general ledger reconciliation, loan servicing actions, have standard loan accounting experience and exposure to Fiserv DNA, apply now.

This position is located in Jefferson City.

A Hybrid - Remote Office Work Environment and flexible work schedule will be considered after the initial training period is complete and based off of the candidates' qualifications and needs.

This position is classified as Non-Exempt under the Fair Labor Standards Act.

This position is open until filled.

Department: Financial Services

Reports To: Director, Loan Accounting Operations

Supervises: None

Responsibilities/Duties

Job Functions

PercentageJob Functions

30%Maintains branch loan accountsProcesses financial transaction corrections, maturity date extensions, conversions to new interest rate products, etc.

Creates and corrects year-end tax documents and provides communication to members regarding these forms

Identifies loan activity that requires communication with AgriBank & SunStream regarding approval, issues, and branch needs

Sets up and maintains lease loans while communicating with CoBank and Oscar regarding issues

20%Communicates accounting instructions and procedures to branch employeesIdentifies issues and needs and provides guidance on steps necessary to resolve the issue or need

Monitors branch requests for appropriate approval levels for waivers and transfers

Assists loan officer's in identifying fees

Maintains knowledge of association Tier structure for consistent/accurate pricing of loan portfolio

10%Missouri Linked Deposit ProgramCommunicates with the State and Branch

Maintains the Missouri Linked Deposit Internal SharePoint Site

Completes a monthly Missouri Linked Deposit as well as audit requests

Processes Applications and Renewals

10%Account Reconciliation Reconciles differences posted to loan accounts through the Association's front-end system and the corresponding general ledger accounts in the loan accounting system

Researches and resolves outages

10%Prepares daily, monthly, quarterly, semi-annual, and annual reportsCreates, manipulates, and runs reports

Reviews reports to identify and correct errors

Publishes wholesale fee report and answers branch staff questions pertaining to it

5%Reviews loan accounting proceduresEnsures procedures and practices are in alignment

Identifies and recommends possible improvements to procedures

Maintains and verifies that records/documentation is accurate, stored properly, and aligns with retention schedule

5%Daily depositsPosts and processes daily deposits for the Central Office branch

Provides support to branch staff on deposits and systems used to process deposits

5%Publishes association loan rates and maintains rate filesPublishes daily loan rates to the Association intranet site for employee consumption

Inputs certain rates on a weekly and/or monthly basis to the Loan Accounting system

5%Serves on special project teams as assignedParticipates on projects as a subject matter expert or resource

n/aOther duties as assigned to meet the needs of the organization

Required Skills

Minimum Qualifications

Bachelor's degree in finance, accounting, business, or a related field

Two years related experience in a financial services organization

Or an equivalent combination of education and experience sufficient to perform the essential functions of the job

Required Knowledge and SkillsSkill in consistently meeting deadlines while managing multiple priorities

Skill in working as part of a team

Verbal and written communication skills, sufficient to exchange information effectively with peers, supervisor, and customers

High degree of accuracy and attention to detail

Expert skill in utilizing a keyboard and 10 key to enter information quickly and accurately

Expert customer service skills, including the ability to communicate complicated information, deliver bad news effectively, and exceed customer expectations

Working knowledge of the banking industry and lending processes

Working knowledge of Microsoft Office products, including Word, Excel, PowerPoint, Teams, Outlook and Access

Working knowledge of PDF Editor

Working knowledge of SAP Crystal Reports 2016

General knowledge of accounting system software

Responsible to appropriately protect the confidentiality, security, and integrity of the Association's systems and data and clients' data