Join a member-driven leader in a fast-paced, challenging and collaborative environment with the shared mission of supporting America’s network of rural electric cooperatives. Since its formation in 1969, National Rural Utilities Cooperative Finance Corporation, or CFC, located in Dulles, Virginia, has provided capital and industry-leading financial products to more than 900 not-for-profit, consumer-controlled utility systems across the United States. Our exceptional team delivers the “CFC Difference” that encompasses our values of service, integrity and excellence in all our interactions.
CFC has a need for a Loan Accounting Manager in the Loan Operations group. In this position you will be responsible for all aspects of loan operations and accounting functions for CFC, and its affiliates for bilateral, third party and syndicated loans as well as guarantee commitments.
As a Loan Accounting Manager, you will:
• Manage all aspects of loan operations for three lenders including loan servicing and sub ledger activities. • Manage all aspects of loan related accounting functions including journal entries, account reconciliations and internal financial statement footnotes and schedules required for SEC reporting. • Manage loan accounting month end, quarter end and year end close. • Respond to complex internal and external customer inquiries. • Responsible for administrative agent duties performed for syndicated loan portfolio and loans sold to Farmer Mac. • Act as application owner for loan accounting and bond guarantee systems. • Responsible for loan document and promissory note management. • Responsible for SOX compliance and risk mitigation. • Mentor and develop staff.
To be successful, you will need:
Bachelor’s Degree in Accounting or Finance.
CPA or working towards CPA required.
Minimum of seven years of varied, progressive accounting and managerial experience.
Previous automated system design and implementation experience.
Previous financial institution or loan accounting experience required.
Advanced knowledge of and the ability to apply financial and accounting principles, US GAAP.
Proven strategic and critical thinking skills with the ability to apply these skills for problem resolution.
Strong leadership and mentoring skills.
Proven ability to analyze financial data to identify potential issues.
Advanced Excel skills.
Strong organizational skills.
Proven ability to multi-task and handle changing priorities.
Proven ability to identify and execute process improvements.
Significant written and verbal communication skills.
Proven ability to independently gather, consolidate and analyze accounting and treasury data.
Ability to work effectively as a member of a team
We offer a comprehensive benefits package that includes short-term and long-term incentive opportunities; an employer-paid pension plan; 401(k); medical, dental and vision insurance; a generous leave policy; onsite gym; and more—all in a friendly, professional work environment. For additional information, please visit our website at www.nrucfc.coop.
CFC is an Equal Opportunity Employer committed to workforce diversity.
The National Rural Utilities Cooperative Finance Corporation (CFC) was founded in 1969 by the rural electric cooperative industry. CFC is a nonprofit finance cooperative with more than $25 billion in assets that provides industry expertise, flexibility and responsiveness to more than 1,000 member-owners to help them meet their financial needs. At CFC, our members’ success is our success. Our commitment to our members goes beyond our work as a lender. In addition to our lending solutions, CFC offers treasury services, investment opportunities, financial models and tools, programs to support and promote the cooperative business model, and industry-leading events and training.