Loan Accountant

Job Description

Job Description

Job Title : Loan Accountant

Job Description

The Loan Accountant role involves managing and processing wholesale and retail loan transactions, ensuring accuracy in cash settlements, reconciling accounts, and supporting accounting functions. This position offers a long-term consulting opportunity with the possibility of working fully remotely, requiring quarterly travel to the St. Paul office.

Responsibilities

• Process and reconcile daily cash settlements for clients off-loan accounting and GL systems.
• Reconcile clients' cash clearing accounts ADBs and ensure they remain within thresholds.
• Adjust interest expense calculations on wholesale loans to ensure accuracy.
• Create wholesale loan records and input maintenance on commitment details in the loan accounting system.
• Calculate MCD rates 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 for retail loans, if applicable.
• Set up loans according to requirements from loan officers and request additional information as necessary.
• Create rate locks utilizing FPS and / or provide rate quotes.
• Analyze and process monetary and maintenance transactions in accordance with contract parameters.
• Research discrepancies and determine appropriate resolutions.
• Prepare and analyze a variety of weekly and monthly loan accounting reports.
• Perform asset pool-related accounting functions, including loan setups, workbook modifications, daily entries, maintenance, and reporting.
• Administer reconciliation systems, if applicable, and assist team members with bank balancing systems.
• Monitor and reconcile assigned accounts on a daily, weekly, and / or monthly basis.
• Identify, research, and resolve reconciling items, escalating issues to achieve resolution.
• Contact clients or other departments to gather information and 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 disbursements and compile quarterly outstanding check registers.
• Coordinate requests from departments, auditors, and other third parties, review requested deliverables, and prepare and submit requested information.

Essential Skills

Additional Skills & Qualifications

Work Environment

The position allows for the flexibility to work fully remote, with the requirement to travel quarterly to the St. Paul office, which is fully paid for. The office, located in downtown St. Paul, offers gorgeous building spaces and a nice work environment. This opportunity provides ample room for growth and development in a supportive and flexible work culture.

Job Type & Location

This is a Contract position based out of Saint Paul, Minnesota.

Pay and Benefits

The pay range for this position is $36.00 - $41.00 / 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 :

Workplace Type

This is a fully remote position.

Application Deadline

This position is anticipated to close on Oct 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 astoncarteraccommodation@astoncarter.com for other accommodation options.