Company: Experis ( Learn More )

General Information
Not Specified
5 to 14 years
Not Specified
Job Description

Experis is partnering with a Fortune 100 company in Newark, DE to provide an Accountant to work in the fast growing finance market!

Here are the details:

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
* Participate in system testing, as needed, which may occur during non-business hours
* 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

Experis is an Equal Opportunity Employer (EOE/AA)

Job Requirements