Senior Loan Accountant

Job Title: S
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Loan Accountant
Job Description
We are seeking a skilled Sr. Loan Accountant to join our team, responsible for processing and reconciling daily cash settlements, creating and maintaining loan records, and preparing and analyzing loan accounting reports. This role involves working with both wholesale and retail loan processing, ensuring accuracy and timely communication with stakeholders.

Responsibilities

• Process and reconcile daily cash settlements for clients off-loan accounting and GL systems.
• Reconcile clients' cash clearing accounts ADBs to ensure they remain within threshold.
• Make adjustments to ensure accurate interest expense calculation on wholesale loans.
• Create wholesale loan records and input maintenance on commitment details in loan accounting system.
• Calculate MCD rate for wholesale loans and update systems as appropriate.
• Notify stakeholders of changes to wholesale notes as needed.
• Process wholesale and retail fees.
• Create customer records and commitment details, setting up loans according to requirements from loan officers.
• Analyze and process monetary and maintenance transactions in accordance with contract parameters.
• Research discrepancies and determine appropriate resolution.
• Prepare and analyze various weekly and monthly loan accounting reports.
• Perform asset pool related accounting functions including loan setups, workbook modifications, daily entries, maintenance, and reporting.
• Administer reconciliation system and assist team members on bank balancing system.
• Monitor and reconcile assigned accounts on daily, weekly, and/or monthly basis, identifying, researching, and resolving reconciling items.
• Contact clients or other departments to gather information to resolve issues.
• Prepare and submit journal entries to correct items discovered in reconciling duties.
• Provide guidance to team members on cash account reconciliation.
• Perform weekly reconciliation of wholesale loan disbursement issues, following up on outstanding issues for timely and accurate resolution.
• Compile and distribute quarterly outstanding check registers to clients.
• Perform and participate in training for new/promoted team members and new/revised processes.
• Coordinate requests from departments, auditors, and other third parties.
• Prepare and submit requested information to departments, auditors, and other third parties.

Essential Skills

• 4+ years of loan accounting experience (loan participation, loan setup, loan maintenance, loan accounting).
• Bachelor's Degree in Accounting, Finance, or related field.
• 4+ years of advanced Excel skills along with experience in large ERPs/reporting tools.
• Proficiency in journal entry, general ledger, audit, reporting, and reconciliation.

Work Environment
This position is located in a beautiful building in Downtown St. Paul, featuring very nice workspaces. The role requires working in the office 2 days per week, with paid parking provided. The team culture is fun and supportive, with quarterly gatherings for team meetings and outings. There are plenty of opportunities for growth, with a focus on developing great talent and providing flexibility.

Job Type & Location
This is a Contract to Hire position based out of Saint Paul, MN.

Pay And Benefits
The pay range for this position is $ $39.00/hr.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a hybrid position in Saint Paul,MN. Application Deadline This position is anticipated to close on Dec 24, 2025.

About Aston Carter
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing double diamond winner for both client and talent service.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email for other accommodation options.