New

Loan Accounting Specialist

AgWest Farm Credit
$47,200 - $62,900
vision insurance, 401(k)
United States, Washington, Spokane
2001 Flint Road (Show on map)
Sep 03, 2025
AgWest Farm Credit is a member-owned financial cooperative that provides financing and related services to farmers, ranchers, agribusinesses, commercial fishermen, timber producers, rural homeowners and crop insurance customers in a seven-state territory in the Western United States. AgWest is part of the 100+ year-old Farm Credit System - the leading provider of credit to American agriculture. AgWest champions the growth and advancement of agriculture, the value of rural communities, and the vital contribution our customers make to the economy and society. We serve customers in 59 locations throughout the West. We are in search of a Loan Accounting Specialist I or Loan Accounting Specialist II to join our Loan Accounting department in Spokane, Washington (Headquarters). This full-time position reports to the Manager, Loan Accounting and provides centralized operational and loan accounting support to monitor, analyze and service the organization's loan portfolio. After an initial in-office training period, this position is eligible for workplace flexibility and a one-time home office stipend. Employees are expected to continue working from their office location a minimum of 50% or 60% of the time depending on location. Compensation Information The base salary range for this position in Spokane, Washington is: Level II: Typical starting range: $47,200 - $62,900 Full base salary range: $47,200 - $70,800 Annual performance-based incentive target is 6% of base. Level III: Typical starting range: $52,300 - $70,100 Full base salary range: $52,300 - $79,000 Annual performance-based incentive target is 8% of base. Job Requirements Perform analysis and loan accounting for exceptions, reversals, corrections, account closures, and other maintenance as required. Review monitoring reports and take appropriate action to ensure loan accounting transactions and daily operations activities comply with loan terms, regulations, policies and procedures. Make accurate accounting entries for loan fees and costs. Process, analyze and balance daily payment functions of monetary receipts. Process disbursements for customers, including our purchased loan portfolio. Process funding requests, fees, and general ledger transactions; reconcile related GL accounts. Set up, review, and approve transfers to or from external bank accounts or loans as requested by customers. Correspond with external financial partners to obtain information, research discrepancies and coordinate accounting entries. Disperse work queue and group email requests appropriately within the team. Provide assistance and excellent customer service to internal and external stakeholders. Prepare detailed and organized work papers to support daily work and reconcilements. Participate in various projects as assigned, both within the department and in collaboration with other functional areas. Perform all duties and maintain all standards in accordance with company policies, procedures and internal controls. Other duties as assigned, including backup support to various team functions. Minimum Requirements Generally, requires one to two years' experience with payment processing, accounts receivable, cash handling, banking, or other related experience. Ability to follow internal control procedures to prevent fraud deficiencies, mishandling of funds and monetary transactions. Demonstrated written and verbal communication skills. Ability to provide excellent customer service and timely, sound solutions for internal/external requests. Ability to problem-solve through effective use of procedures and understanding of systems reporting, internal controls and loan accounting. Knowledge of finance and accounting principles. Preferred Requirements Associate's degree in accounting, finance, or related field, or an equivalent combination of education and experience. General understanding of credit related laws and regulations. Benefits Offered by AgWest Medical, dental, and vision insurance Basic term life and AD&D insurance (fully paid for by the company) Paid days off annually: 15 vacation, 15 sick, 12 holidays and 3 volunteer 401(k) plan (6% match plus 3% employer contribution) Employee Assistance Program Wellness Program Jeans are welcome at work every day at AgWest! Vacation accrual rates increase with tenure. Details about insurance and retirement benefits are available at: https://www.farmcreditfoundations.com/fcfbenefits Job level and starting annual salary will be based on a variety of factors including but not limited to experience, education, certifications/licensure, internal equity, location, business needs and market demands. The listed compensation and benefits information is accurate as of the posting date. AgWest reserves the right to adjust compensation for all positions and modify or discontinue benefits programs at its sole discretion, subject to applicable law. Qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender orientation, national origin, marital status, age, disability, protected veteran status, or any other classification protected by law. When you apply for a position with AgWest Farm Credit, we collect personal identifiers (from your resume and other application information you submit), such as your name, email address, mailing address, telephone number(s) and employment and education related information. This helps us evaluate job applicants for hiring opportunities, and, communicate with them. To comply with federal regulations for equal employment opportunity and affirmative action (EEO/AA), we track our applicants by gender, race/ethnicity, veteran status, disability status, and the position for which they applied. You will be presented with a voluntary self-identification form as part of this application; we wanted you to know why we collect this information and what we do with it. Please be aware that this information is kept separate from your application, and not utilized in the selection process. For more information about the information AgWest Farm Credit collects, please see the AgWest Farm Credit California Privacy Policy.