Accountant at Kforce Inc in Chicago, Illinois

Job Description:

RESPONSIBILITIES:

Kforce has a client in Chicago, IL that is seeking an Accountant.

Summary:
The Accountant will support the largest and most sophisticated corporate loan transactions in the market. They primarily provide operational support for syndicated credit structures agented by the client or bilateral loans extended to a borrower solely by the client. This is a client facing role with direct contact with borrowers, lenders, and business partners while performing loan servicing facets.

Job Responsibilities:

• Initiate loan activity and reconcile funds movement as instructed by the client in accordance with credit agreements


• Track and calculate complex interest and fee accruals at various rate levels


• Reconcile daily funding and payment activity to account for all daily cash transactions


• Interpret complex legal credit agreements and related documentation


• Manage and escalate past due principal, interest, and fees


• Maintain accuracy within the loan accounting platform in order to provide timely invoices


• Maintain margin changes and appropriate communication to participating external banking groups


• Provide information as requested by clients, business partners, middle office, or lenders


• Monitor exception reports and updating applicable comments


• Review new deals, restructures, and amendments by also verifying system accuracy

REQUIREMENTS:

• 2+ years of related industry experience and/or account management


• Strong knowledge of banking or Treasury bank funding fundamentals


• Excellent oral and written communications skills along with strong interpersonal & client servicing skills


• Solid working knowledge of Microsoft Office applications (i.e. Excel, Word and PowerPoint)


• Ability to manage concurrent assignments in an effective, efficient, and organized manner


• Ability to work independently and partner well within a team environment


• Strong analytical, problem solving and proven decision-making skills


• Experience with reading and interpreting loan documentation

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless
and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

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