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Loan Accountant

  • Saint Paul, MN, United States

$27 to $30 USD / hour

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Job details

Pay
$27 to $30 USD / hour
Apply by
Posting language
English
Posted

Original job description

Our client is seeking an analytical, detail-oriented Loan Accountant to provide high-quality accounting support for our internal and external clients. In this role, you will analyze financial transactions, maintain system entries, monitor loan activity, and ensure accuracy across all records using established procedures and accounting principles. You will serve as a technical subject-matter resource for the team, helping resolve complex accounting issues, supporting operational workflows, and driving process improvements. This would be a roughly 9 month contract. Qualifications & Requirements

  • Education: Associate degree in Accounting required; Bachelor’s degree in Accounting, Finance, or a related field preferred (or equivalent professional experience).
  • Experience: Minimum of 3 years of related accounting experience required, preferably within the financial services or lending industry.
  • Technical Skills: Intermediate to advanced proficiency in Microsoft Office (Excel, Word, Outlook, Access) and experience with accounting databases and report-writing software.
  • Analytical Ability: strong numerical proficiency, problem-solving skills, and a high degree of precision and attention to detail.
  • Communication & Collaboration: Excellent interpersonal skills with the ability to communicate financial data clearly to diverse stakeholders and collaborate across departments.
  • Licensing: Valid driver's license.

Physical Demands & Work Environment

  • Ability to sit, stand, stoop, and manipulate/lift materials up to 10 lbs.
  • Frequent keyboarding and monitor use (up to 70% of the workday).

salary: $27 - $30 per hour shift: First work hours: 8 AM - 5 PM education: Bachelors

Responsibilities

Loan Accounting & Transaction Processing (30%)

  • Analyze and create accounting system entries using established procedures and accounting principles for basic to moderate transactions.
  • Process incoming and outgoing funds transfers via ACH setup, domestic/international wires, and other disbursement methods.
  • Monitor and maintain client billing, account statements, fee calculations, accruals, and settlements.
  • Perform ongoing loan pricing maintenance and handle specialized Risk Asset Unit (RAU) loan servicing requests.
  • Investigate and resolve loan accounting discrepancies and exceptions.

Reporting & Monitoring (30%)

  • Track loan exceptions, identify accounting errors, and take corrective actions.
  • Monitor loan activity to verify that payments and advances are applied accurately and interest rates remain correct.
  • Build and manage spreadsheets, formulas, and macros for data input, calculations, and financial analysis.

Financial Operations & Client Support (20%)

  • Provide technical accounting support to team members and external partners regarding loan and general ledger (GL) clearing account transactions.
  • Communicate promptly and professionally via phone, email, and portal with borrowers, dealer networks, and institutional partners regarding accounting questions or transactional adjustments.

Departmental Support & Process Improvement (20%)

Skills

  • Analysis
  • Accounting Coursework
  • client billing
  • loan accounting
  • Accruals
  • ACH
  • Fund Accounting
  • Fund Reporting
  • vendor issues
  • Vendor Management
  • Loan Administration
  • Loan Processing
  • Loan Review
  • Oral Communication
  • Written Communication
  • document review
  • Loan exceptions
  • Data Review
  • Settlement of Accruals
  • journal entry

Qualifications

  • Years of experience: 3 years
  • Experience level: Experienced

Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).

This posting is open for thirty (30) days.

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