Loan Accountant

Empowered to live. Inspired to work. Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

• Hybrid model - up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visit

This position offers a hybrid work option up to 50% remote and is based out of the Mankato, MN;
Lakeville, MN;
Bloomington, IL or Prairie du Sac, WI.

This position serves Compeer Financials' internal and external clients by providing accounting services for assigned business units, that include loans, by analyzing requests and creating accounting system entries using appropriate procedures and accounting principles. Ensures a high degree of accuracy and exceptional service. Serves as a knowledge and technical resource to other team members with regard to accounting processes for assigned business units.

• Optimizes the accuracy and efficiency of financial records by analyzing and validating entries across basic to moderately complex transactions, ensuring adherence to accounting principles.
• Establishes new loan setups and assist with client billing processes to maintain seamless financial operations and enhance client satisfaction.
• Resolves accounting discrepancies related to loans and bonds, including variance analysis, interest accruals, and account reconciliations.
• Assists with the setup, monitoring, and maintenance of specialized financial programs to meet evolving business needs.
• Ensures timely and accurate reconciliation and processing of third-party payment remittances.
• Calculates, monitors, and maintains various accounting fees to optimize financial resource allocation.
• Maintains daily general ledger entries to support accurate financial reporting and decision-making.
• Completes servicing maintenance requests, including modifications and extensions, to support loan and bond lifecycle management.
• Delivers comprehensive support across teams by addressing inquiries related to pricing, loan documents, and other financial matters, ensuring seamless communication and problem-solving.
• Communicates with external financial institutions to provide timely and accurate information regarding participated loans.
• Completes tax reporting processes for forms 1098/1099-INT/1099C/1099A to ensure compliance and accurate financial disclosures.
• Collaborates with financial officers and credit teams to establish complex loan terms that integrate within accounting systems.
• Performs fund transfers, including wires and ACHs, and resolves related exceptions to ensure smooth money movement.
• Partners with Agri Bank/Sun Stream and third-party banks to process hedge and foreign funding requests.
• Administers ACH and wire template setup and maintenance to streamline transaction processes and enhance operational efficiency.
• Manages returned checks and ACH transactions, assess related fees, and communicate outcomes with financial officers or branches to maintain financial accuracy.

• Serves as a technical and knowledge resource for team members and vendors regarding accounting functions…