Loan Accounting & Reconciliation Specialist

Idaho-First-Bank; Boise (ID); On-site; USD 65,000 - 90,000; Full time

Job summary

Idaho First Bank is seeking a meticulous Loan Accounting Specialist to maintain accuracy of loan accounting records and servicing activity. You will reconcile loan system balances to the general ledger, monitor accounts, and investigate discrepancies to ensure internal controls.

Ideal candidates are analytical, detail-oriented, and able to handle complex transactions. Collaboration with Loan Servicing, Operations, Treasury, and Accounting is essential for accurate month-end close and regulatory

Qualifications

• Bachelor’s degree in accounting, finance, or related field required.
• Previous accounting experience preferred in banking/financial services.
• Experience with reconciliations, general ledger accounting, and financial reporting.

Responsibilities

• Reconcile loan servicing system balances to the general ledger and supporting records.
• Monitor suspense, clearing, settlement, and exception accounts in loan operations.
• Reconcile payments in process across channels (ACH, online payments, wires, etc.).
• Identify, research, and resolve payment posting exceptions in a timely manner.
• Research unapplied cash, rejected transactions, duplicate payments, and other discrepancies.
• Track payment activity from receipt through final posting for accuracy.
• Troubleshoot ACH transmission, settlement, posting, and exceptions with internal teams/third-parties.
• Assist month-end reconciliation/close for loan accounting and servicing.
• Maintain documentation to support reconciliations and audit/regulatory requests.
• Provide operational support to Loan Servicing, Accounting, Treasury, and other departments.

Skills

GAAP knowledge

Detail oriented

Analytical skills

Multitasking

Excel skills

Communication skills

Team collaboration

Education

Bachelor's degree in accounting/finance

Tools

Accounting software

Banking software

General ledger systems

Excel

Job description

Idaho First Bank is seeking a meticulous Loan Accounting Specialist to maintain accuracy of loan accounting records and servicing activity. You will reconcile loan system balances to the general ledger, monitor accounts, and investigate discrepancies to ensure internal controls.

Ideal candidates are analytical, detail-oriented, and able to handle complex transactions. Collaboration with Loan Servicing, Operations, Treasury, and Accounting is essential for accurate month-end close and regulatory