Chicago, IL, USA
5 days ago
Accountant
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
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