Financial Reporting Specialist

RadNet, Inc.; Wayne (NJ); On-site; USD 33,000 - 55,000; Full time

Job summary

Valley is seeking a full-time Loan Accounting/Servicing professional to prepare, review, and maintain commercial lending, portfolio monitoring, and regulatory reports including Call Report schedules and HMDA reporting.

The role covers loan system maintenance, charge-offs, loss mitigation, risk rating updates, and general ledger reconciliations, ensuring accuracy of loan records and regulatory compliance. Strong analytical skills and detail orientation are essential.

Qualifications

• High School diploma or GED equivalent required.
• Associate or bachelor's degree in finance, accounting or related field preferred.

Responsibilities

• Prepare, review, and maintain commercial lending, portfolio monitoring, and regulatory reports.
• Administer loan system maintenance, servicing, charge-offs, loss mitigation, and related recordkeeping.
• Monitor portfolio credit quality metrics and ensure regulatory compliance.
• Perform general ledger reconciliations, data validation, and financial reporting support.
• Coordinate regulatory compliance and reporting activities (CRA, HMDA, Fed reporting).
• Support audits, process improvements, and cross-functional projects.

Skills

IBS & nCino

MS Office

Loan products knowledge

Interpersonal skills

Accounting & math

Independent work

Organization & prioritization

Multi-tasking

Education

High School diploma or GED

Associate or Bachelor's degree in finance/accounting

Tools

IBS

nCino

Job description

Responsibilities include but are not limited to:

• Prepare, review, and maintain commercial lending, portfolio monitoring, and regulatory reports, including Call Report schedules, past due reporting, Shared National Credit reporting, Regulation O reporting, and other Credit Risk management reporting requirements.
• Administer loan system maintenance and servicing activities, including charge-offs, loss mitigation, legal workout and REO transactions, risk rating updates, commitment maintenance, billing changes, and related recordkeeping.
• Monitor portfolio credit quality metrics, including non-accrual loans, impaired loans, delinquencies, maturities, unused commitments, and pledged loan collateral, ensuring compliance with internal policies and regulatory reporting requirements.
• Perform general ledger reconciliations, data validation, and financial reporting support by researching discrepancies, completing certifications, and ensuring the accuracy and integrity of loan and accounting records.
• Coordinate regulatory compliance and reporting activities, including CRA, HMDA, Federal Reserve Borrower in Custody, records retention reviews, and related examinations or reporting submissions.
• Support audits, cross-functional research, process improvement initiatives, and departmental projects by providing documentation, resolving data issues, maintaining procedures, and collaborating with lending, compliance, legal workout, and risk management teams.

Requirements

Required Skills

• Knowledgeable in IBS and nCino, is a plus. Microsoft Office (Word, Excel, PowerPoint and Outlook) proficiency.
• Strong knowledge of loan products, servicing functions, general ledger accounts, reconciliation process and reporting requirements.
• Strong interpersonal skills, both verbal and written.
• Strong accounting and math skills and the ability to calculate figures such as discount, interest, commissions and percentages.
• Ability to work independently, understand and carry out instructions.
• Ability to organize and prioritize assignments.
• Ability to handle multiple tasks and projects simultaneously, while meeting or exceeding deadlines.

Required Experience

High School diploma or GED equivalent and a minimum of 3 years loan accounting/servicing or lending-related experience.

Preferred Experience

• Associate or bachelor's degree in finance, accounting or a business-related field; prior banking experience a plus. Prior experience supporting commercial lending, general ledger reconciliation, regulatory reporting or Federal Reserve collateral reporting is preferred.

Full-time/Part-time

Full-time

FLSA

Non-exempt

Total Rewards Summary

We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.

Pay Range

The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience. $23.75 - $39.62 / hour

Pay Transparency

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

Employee Polygraph Protection Act

Right to Work/E-Verify

Family and Medical Leave Act

Employer Privacy Policy

Valley is an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected status or characteristic.

If you are a person with a disability and need a reasonable accommodation to search or apply for a career opportunity, please call us at 800-652-6500, option 2, for assistance with an alternate method of access. A response to your accommodation request may take up to two business days. Other inquiries to this number will not receive a response.

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