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Addison Group

Staff Accountant – Syndicated Loan Operations

Addison Group, Washington, District of Columbia, us, 20022

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Staff Accountant – Syndicated Loan Operations Pay range: $110,000 - $130,000 per year.

Recruiter

Senior Recruiter @ Addison Group | Expertise in Finance and Accounting Recruitment

Role: Associate / SR / SVP Loans Servicing Operations Accountant

In office: 1x a week Mondays

Salary: Based on experience 100-130k

Bonus: 10 % - 15 % (performance based – but so far everyone has gotten the bonus)

Benefits: Medical, Dental, Vision, 4% 410K, g , PTO, Sick Leave member 80$ towards gym memberships

Our client, an extremely prestigious Financial Service company is expanding their Loan Servicing team due to their growing portfolio.

Profile Loans Servicing/ Loan Accountant out of Middle Market or Lending Private credit (Loan Servicing is most important they are open to training the accounting portion).

Required Qualifications

BS, Business Related Degree

Minimum of 2 years of Loan operations experience with at least one of these types of loans:

Middle Market

Lending, Private credit

C&I loans (Commercial and industrial loan)

Syndicated loans (loans that are traded) and/or Assignment or participation – Advanced Excel

Explicit exposure to commercial, private credit, or secured lending

Experience with loan boarding or loan servicing systems

Direct involvement in borrower billing, payment application, and collections

Ownership of loan amortization schedules and interest calculations

Loan Accounting is a big plus

Job Description

Maintaining detailed loan accounting records

Managing loan system

Preparation of monthly, quarterly and annual loan portfolio reports

Supporting monthly closing processes and financial statement preparation

Billing and collecting from customers

Loan disbursements and collection tracking and balance reconciliation

Supporting all aspects of loan operations

Pro-forma analysis and ad hoc requests

Responsible for contributing to all aspects of the loan operation department’s functions by onboarding new loans, monitoring loan activity, reviewing legal documents associated with investments, reviewing loan related cash activity, supporting monthly closing processes, and others.

Benefits

Benefits & Bonuses: Medical, dental, vision insurance benefits, 401K, and monetary bonuses

Permanent Employment: Many of Addison’s Finance & Accounting job openings lead to potential permanent employment

Connections: You connect directly with hiring managers from renowned organizations

Options: You are presented multiple employment options near your home

Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation

Equal Opportunity Employer Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

Job Details

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Accounting/Auditing

Industry: Banking

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