BCforward is currently seeking highly motivated Accountant in the Newark, DE !
Job Title: Accountant (Hybrid) Location: Newark, DE Estimated Duration: 3 - 5 months on W2(Possible Extension) Type: Contract to Hire
Roles and Responsibilities:
Initiate loan activity (fundings, repricings, payments) as instructed by the client in accordance with credit agreements
Calculation and tracking of complex interest and fee accruals at various rate levels across changing lender distributions
Reconcile daily funding and payment activity to account for all daily cash transactions
Read and interpret complex legal credit agreements and related documentation working with attorneys when applicable
Initiate and reconcile automated funds movement in accordance with client/lender instructions
Monitor and escalate past due principal, interest, and fees to ensure that the loan accounting system is accurate and provide clients timely and accurate invoices
Maintenance of margin changes and proper communication to bank group
Provide information as requested by Clients, Business Partners, Middle Office, or Lenders
Monitor control reports updating applicable comments
Assist with any administrative tasks associated with the terms of a Credit Agreement
Perform quality control on new deals, restructures and amendments by thoroughly understanding the credit agreement verifying system set up accuracy
Back up co-workers, work with various special projects or other tasks as assigned
Minimum Requirements:
Undergraduate degree is strongly preferred but related job and industry experience can be accepted as a substitute (3+ years)
Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)
Must have experience reading and interpreting syndicated loan documentation or related experience supporting syndicated loans and using LoanIQ
Ability to manage concurrent assignments in an effective, efficient and organized manner
Ability to work independently within a team environment
Excellent oral and written communications skills and strong interpersonal/client servicing skills
Strong interpersonal/client servicing skills
Strong analytical, problem solving and judgment skills
Flexible working schedule with some overtime required
www.BCforward.com
www.facebook.com/bcforward This posting is not an offer of employment. All applicants must be authorized to work in the United States and willing cooperate with a background check and drug screen, to the extent permitted by federal and local laws up to, and including, both criminal and financial reviews. The submission of intentionally false or fraudulent information in response to this job posting shall render the applicant ineligible for the position. BCforward is an equal opportunity employer. Any subsequent offer of employment shall be considered employment at will regardless of the anticipated assignment duration.
Interested candidates please send resume in Word format Please reference job code 152154 when responding to this ad.