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Loan Accounting Intern

Loan Accounting Intern

Compeer FinancialBloomington, IL, United States
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Empowered to live. Inspired to work.

Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you :

  • 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!

Casual / seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visitwww.compeer.com / careers.

CPT & Pre-Opt candidates invited to apply.

This is a paid internship; however, the intern must provide their own housing and transportation. Business related transportation and expenses will be paid by the organization. This intern will work start working in February part-time and full-time through the summer of 2026. The internship is located out of either our IL-Bloomington; MN-Mankato; WI-Prairie du Sac office locations.

The contributions you will make : This internship serves Compeer's internal and external clients by providing loan-related services and general ledger accounting services to Compeer team members. The intern will assist with analyzing various requests and creating accounting system entries using appropriate procedures and accounting principles. The internship will require a high degree of accuracy and exceptional service.

A typical day :

Loan accounting, related services and general ledger processing functions for assigned accounts or duties within the mainframe system may include, but are not limited to :

  • Monitor and perform daily loan maintenance work.
  • Communicate effectively with other Loan Accountants and Client Service team members.
  • Review daily ACH set ups.
  • Assist with loan accounting issue resolution.
  • Create daily general ledger entries.
  • Monitor and maintenance of various accounting fees.
  • Monitor and maintenance of various loan accounting reports.
  • Monitor and process daily Cash Desk reports.
  • Process loan, lease or general ledger (GL) servicing requests.
  • Research and correct balancing discrepancies.
  • Compile check copies, statements and billings when needed.
  • The skills and experience we prefer you have :

  • Active student pursuing a degree in accounting, finance, or related field, with 1-2 years completed.
  • Strong working knowledge of computers and software applications, such as Excel and Word.
  • Solid interpersonal, organizational, communication, problem solving and time management skills required.
  • Accuracy and attention to detail are essential.
  • How we will take care of you :

    Actual hourly rate offered is dependent upon year in school, work experience, transferable skills, business needs and market demands. The hourly rate range is subject to change and may be modified in the future.

    Base Pay $19—$20 USD

    Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

    Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

    Click here to view federal employment laws applicable for applicants.

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