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Accounting Associate (Loan Accountant)

Colonial Farm Credit
Mechanicsville, VA Full Time
POSTED ON 7/25/2024 CLOSED ON 8/6/2024

What are the responsibilities and job description for the Accounting Associate (Loan Accountant) position at Colonial Farm Credit?

Employing Unit: Colonial Farm Credit/Administrative office

Position Title: Accounting Associate (Loan Accountant)

Salary: $45,000 commensurate with experience and qualifications plus superb benefits package provided to all employees including up to 9% 401k contributions and profit sharing program

Position Summary:

Colonial Farm Credit (www.colonialfarmcredit.com) is an agricultural credit cooperation and provides loans for:

  • Farms and country homes
  • Land purchase, home construction, and improvements
  • Buildings, machinery, livestock and equipment
  • Production capital for both full-time and part-time farmers
  • Ag-related businesses

We have an excellent employment opportunity for an Accounting Associate (Loan Accountant) in our Finance Department/Administrative office located in MechanicsvilleVA under the general direction of the Controller.

Primary Functions

  • Performs loan accounting activities of the Association, in addition to general ledger transactions
  • Loan Accounting 
    • Processes post-closing loan maintenance, including modifications
    • Monitors various loan reports and coordinates correction and assessment of appropriate fees 
    • Verifies wires for loan disbursements to provide proper segregation of duties
    • Inputs participation loan activity for loans purchased from institutions outside the AgFirst Farm Credit Bank district
    • Posts general ledger transactions related to loan accounting
  • General Accounting
    • Processes retirement of equities according to procedures
    • Performing secondary verifications
    • Serve as back up for other responsibilities 
    • Performs reconciliations as assigned

Education, Experience, and Requirements (things you need to be successful)

  1. Education or experience equivalent to a Associate’s degree in accounting or comparable field
  2. Intermediate skills in Microsoft Outlook, Word and Excel
  3. Superior attention to detail
  4. Ability to effectively handle multiple tasks and work independently (general supervision)
  5. Strong communication, telephone, customer service, grammatical, and organization skills
  6. Ability to work effectively with Association employees at all levels
  7. Acceptable background reports (credit, criminal, driving, and drug)

Location: Administrative Office, 7104 Mechanicsville Turnpike, Mechanicsville VA 23111

Supervisor: Kristen Helms, Controller

Applications Accepted Through: Tuesday, August 6, 2024

AA/EOE/M/F/D/V

Salary : $45,000

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