Sr. Accountant, Loan Accounting

NOTE: This position is not a remote position and will require work in the Lawrenceville GA office.

SUMMARY:

The Senior Accountant - Loan Accounting role will focus on accounting for bank-originated loan program, including recording, reconciling and reporting loan and contractual information as needed. The ideal candidate will have strong GAAP knowledge, proven experience in banking or financial services, demonstrated skills at contract comprehension as it relates to accounting, and the ability to navigate complex regulatory and operational requirements.

MAJOR DUTIES/RESPONSIBILITIES:

Bank Partnership Program Accounting: 80%

• Manage accounting for bank-originated loans, including settlement files, funding flows, and collateral deposit account reconciliations.
• Record and reconcile engagement fees, minimum monthly bank fees, and other program-related expenses.
• Participate in month-end and year-end close processes, ensuring accurate reporting of Program-related transactions.
• Calculate and record Interim Interest based on SOFR and borrower rates as per loan agreements and contract.
• Ensure compliance with contract and internal control policies.
• Prepare monthly and annual oversight reports.
• Support internal and external audits related to the Program.
• Assist with accounting for term sheet provisions and any state reporting requirements
• Liaise with internal teams and external partner on accounting, funding flows, and operational issues.
• Provide accounting insights for Program performance and compliance reporting.

Other Loan Related Accounting: (20%)

• Provide accounting oversight to monthly CECL model calculations, recommend entry for approval and posting.
• Track insurance reserve activities and recommend entry for approval and posting.
• Responsible for loan-related footnotes in quarterly and annual audited financial statements.

BASIC REQUIREMENTS:

• B.A. or B.S. in Accounting
• Minimum 5 years of accounting experience, including 2–3 years in banking or financial services.
• Strong understanding of loan accounting, collateral management, and regulatory compliance.
• Advanced proficiency in Excel and Word.
• Ability to interpret and apply GAAP and contractual provisions.
• Strong analytical skills, attention to detail, and ability to manage multiple priorities.

PREFERRED QUALIFICATIONS:

• Master's degree
• CPA or CMA designation.
• Experience with industrial bank partnerships, loan sale agreements, and SOFR-based interest calculations.
• Familiarity with financial covenant reporting, such as in securitization or warehouse borrowing processes.

COMPENSATION:

• The salary range for this position is competitive based on the job duties as well as the specific Knowledge, Skills, Abilities and Experience of the selected candidate.
• This position is eligible for Quarterly Incentive compensation based on individual and company performance guidelines.

WORKING CONDITIONS:

• On site, Lawrenceville, GA