Participation Accounting Specialist
Participation Accounting Specialist
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1 Vacancy
Job Description
About Us
Capital Farm Credit is the largest rural lending cooperative in Texas serving 192 counties through nearly 70 credit offices. With over $12 billion in assets and more than 600 team members we provide essential financial services to farmers ranchers rural homeowners and agribusinesses. As part of the nationwide Farm Credit System we are dedicated to supporting rural communities and agriculture.
Why Join Us
We seek motivated individuals who share our core values: commitment trust value and familylike respect. As a customerowned cooperative we align employee success with member success offering competitive pay growth opportunities and a supportive environment.
Our Benefits:
- Incentive Program: Companywide goalsbased rewards.
- Accrued Time Off: Earn 13 days of annual leave and 15 days of sick leave per year plus enjoy 1012 paid holidays annually.
- Retirement: 401(k) with up to 9% employer contribution/match.
- Health Coverage: Affordable medical dental and vision plans.
- Parental Leave: 8 weeks of paid parental leave.
- Life & Disability Insurance: Employerpaid coverage.
- Education & Wellness: Tuition reimbursement and up to $400 for wellness expenses.
At Capital Farm Credit youll find more than a jobyoull find purpose.
LOCATION:
- This position will be located in our office in Lubbock Texas.
EDUCATION REQUIREMENT:
- Bachelors degree in accounting business finance or related field or equivalent experience.
JOB REQUIREMENTS:
- One (1) to two (2) years of accounting or related business experience.
- Prefer experience in the operation maintenance and enduser support of loan accounting cash management general ledger and/or other loan accounting systems.
- Knowledge and experience in participation accounting preferred.
FUNCTIONS:
- May maintain accounting for Capital Markets loans as required to include setting up loans in accordance with the participation agreements; initiating wire or ACH transactions;
updating interest rates and other terms; recording transactions; monitoring loans on a monthly basis to determine that loans are within parameters of participation agreements
including rates commitments and fees. - Corresponds with participation loan accounting departments within other institutions via email and phone to ensure good communication and cohesive reporting.
- Files documentation related to participation accounts in Treasury Services EFC
- Conducts ACH entries and approvals.
- Works with AB Administrative group Sales Desk and RM on all participations.
- Reconciles accounts related to participation accounting.
- Provides fast accurate support regarding participation accounting and/or related systems and processes. Provides guidance to endusers to assist them in participation
accounting functions as necessary. - Assists with the development of new and improved processes to enhance participation accounting efficiencies. Assists in maintaining participation accounting procedures and
documentation. Communicates procedures to endusers. - Documents all customer issues utilizing an issue tracking system.
PREFERRED SKILLS:
- Position requires the ability to organize and handle multiple tasks at once and learn new applications and use of equipment quickly.
- Ten keycalculator by touch and computer literacy required including word processing database and spreadsheet applications.
- Ability to accomplish accurate detailed tasks in short time frames.
- Must be selfmotivated and have the ability to work independently to complete assigned projects.
- Demonstrated problem solving and organizational skills are essential.
- Position requires good written and oral communication skills.
At the discretion of CFC position may be offered at alternate titles and other business experience may be considered relevant. AA/EOE/M/F/D/V; Full description available on request.
DISCLAIMER
We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex race color religious creed national origin physical or mental disability protected Veteran status or any other characteristic protected by federal state or local law. If you need a reasonable accommodation for any part of the employment process please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a casebycase basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address. For more information view the EEO Know Your Rights and Pay Transparency Statement.
Equal Opportunity Statement
Capital Farm Credit is committed to creating a diverse and inclusive workplace. The position title and requirements may be adjusted based on the candidates experience and qualifications. We welcome applicants of all backgrounds and do not discriminate based on race color gender religion national origin disability veteran status or any other protected status. A full job description is available upon request.
Required Experience:
Unclear Seniority
Employment Type
Full Time
