Job Description
Note: The job is a remote job and is open to candidates in USA. NewtekOne is a financial holding company that provides a wide range of business and financial solutions to the SMB market. They are seeking a Loan Accounting Representative to support the accounting and servicing functions of the loan portfolio, ensuring accurate processing of loan transactions and maintaining reconciliations. Responsibilities Process daily deposits to multiple bank accounts Post daily cash receipts to the loan servicing system and reconcile transactions to the General Ledger Generate and submit NACHA ACH files for processing and perform associated reconciliations Post and remit loan payoff funds to investors as required Process weekly remittances to the SBA through Pay.gov as needed Post secondary market settlements within the loan servicing system Board new loans into the loan servicing system Process loan servicing transactions including deferments, note modifications, payoff quotes, and accrual status changes Prepare documentation required for guaranteed loan sales Reconcile loans and loan participations to ensure accurate accounting of serviced loans Maintain and reconcile Cash Balancing and Suspense worksheets to the General Ledger on a daily and monthly basis for various lending clients Assist with month-end closing processes for servicing clients Create and maintain management reports related to loan accounting and servicing activities Perform general office duties including mail sorting and forwarding, document filing, and maintaining organized records Provide operational support to ensure efficient loan accounting and servicing processes Skills Prior experience in loan servicing, banking operations, or accounting Strong understanding of accounting principles and reconciliation processes Proficiency with Microsoft Excel and financial or loan servicing systems Strong attention to detail and organizational skills Ability to manage multiple priorities and meet deadlines in a fast-paced environment Strong analytical and problem-solving skills Excellent attention to detail and accuracy Effective communication and teamwork abilities Strong organizational and time management skills Ability to handle confidential financial information with discretion Bachelor's degree in Accounting/Finance Company Overview NewtekOne has helped businesses grow since 1998. It was founded in 1998, and is headquartered in New York, New York, USA, with a workforce of 201-500 employees. Its website is