Loan Accounting Manager

Job Description

Job Description

The Loan Accounting Manager will oversee all accounting functions related to the Bank’s loan portfolio ensuring accuracy, compliance, and operational excellence across a growing platform. This role is both strategic and hands-on , ideal for a seasoned banking professional who has successfully managed loan accounting functions and is ready to build and develop their own team as the Bank continues to expand.

This individual will be responsible for maintaining the integrity of the Bank’s loan-related financial data, leading process improvement initiatives, and collaborating closely with Loan Operations, Credit Administration, and Finance to ensure a scalable and efficient loan accounting infrastructure.

Key Responsibilities :

• Lead all aspects of loan accounting operations , including reconciliation, accruals, amortizations, and financial reporting for commercial, CRE, SBA, and consumer loan portfolios.
• Build, lead, and mentor a loan accounting team , fostering a culture of accountability, professional development, and collaboration across departments.
• Ensure accurate and timely general ledger reconciliations , subledger balancing , and interest income recognition in compliance with GAAP and regulatory standards.
• Oversee monthly, quarterly, and annual close processes for the loan portfolio, ensuring data integrity and timeliness of reporting.
• Develop and enhance loan accounting policies and procedures to support operational scalability and regulatory compliance.
• Serve as a key point of contact for auditors , regulators , and internal audit regarding loan accounting activities and documentation.
• Partner with leadership to evaluate and implement system enhancements or automation initiatives to streamline processes and improve reporting accuracy.
• Provide analytical insight into loan portfolio trends, yield, and interest income to support management decision-making.
• Collaborate closely with Finance, Credit Administration, and Loan Operations to ensure end-to-end consistency and data integrity across systems.
• Play an active role in strategic projects , system integrations, and process improvement efforts as the Bank scales.

Qualifications :

Position Type :

This position is a full-time, exempt position. Typical work hours are Monday through Friday, 8 : 00am to 5 : 00pm.

Direct Reports : Yes

Travel :

Some travel may be required.