Team Leader Loan Accounting

Where you will work: This position offers a hybrid work option up to 50% remote and is based out of the Bloomington, IL; Mankato, MN; Prairie du Sac, WI office locations.

The contributions you will make: This position leads a team within Loan Accounting, providing guidance on requests using established procedures and accounting principles. Supports company-wide initiatives and services, ensuring documentation of processes and business continuity measures. The position involves leading process improvements for exceptional service and accurate financial information, collaborating with Loan Accounting leadership and other departments on projects and enhancements. Serves as a resource for accounting processes and mentors team members, utilizing strong decision-making and collaborative skills.

A typical day: 

• Champions the brand and serves as a role model for the organization’s vision, mission, and values.
• Supports Compeer’s strategic initiatives and business goals, collaborating across teams to achieve these objectives.
• Manages, integrates, and leverages the activities of the Loan Accounting team to achieve stated goals and outstanding results.
• Fosters a positive and inclusive team environment by utilizing individual talents effectively and encouraging accountability, inspiring team members to reach their full potential.
• Selects, develops, motivates, engages, and evaluates team members, ensuring effective communication of performance expectations and development plans.
• Mentors and supports team members learning to lead informally, as they navigate challenging situations.
• Leads onboarding efforts for new hires, continuously improving training plans, mentorship experiences, and access to organizational resources.
• Promotes continuous process improvement, developing best practices and equipping team members to thrive in a dynamic environment.
• Participates in the creation and revision of processes to enhance efficiency and service quality.
• Drives continuous process improvement, ensuring prompt responses to team, audits, partners, and vendor requests.
• Keeps abreast of industry best practices and implements efficient practices to enhance team value.
• Acts as a liaison between the team and senior leadership, ensuring effective communication and support.
• Collaborates with Loan Accounting leadership to define team strategy and objectives, fostering a positive team culture.
• Builds and maintains relationships with business units and teams, ensuring high levels of customer service and cooperation.
• Continuously enhances leadership skills to increase effectiveness.
• Builds and maintains knowledge and skills sufficient to achieve Compeer goals within area of responsibility.
• Regularly partners with leaders from other business units to ensure the requirements of the system and needs of the Loan Accounting team are fulfilled.
• Manages risk related to Loan Accounting and financial transaction activities.
• Interprets and communicates financial data for complex questions, provides guidance and effectively translates highly technical finance, regulations and/or accounting information into non-technical terms.
• Ensure processes and procedures are compliant with Farm Credit Association (FCA) Regulations, Audit standards, and Internal Control over Financial Reporting (ICFR) guidelines.
• Serves as a resource for proactively identifying, analyzing and interpreting new regulations, various financial data.
• Serves as a resource/mentor for team members in trending and understanding financial data.
• Leads high impact projects, workloads, and deliverables, ensuring that business requirements and goals are met.
• Coordinates implementation of organizational initiatives that impact Loan Accounting.
• Educates, supports and empowers team members to lead projects and other department initiatives.
• Educates stakeholders on project updates

The skills and experience we prefer you have: 

• Bachelor’s degree in business administration, finance, accounting or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• 5 or more years of advanced accounting experience in a financial services industry.
• One or more years of leadership and management experience preferred.
• Must have a solid working knowledge of accounting, financial principles and project management.
• Knowledge of current industry standards, best practices, and security measures.
• Strong proven time management, organizational, analytical and problem-solving skills, as well as attention to detail are required.
• Effective interpersonal, collaboration, team building, problem solving, decision making, analytical, organizational and time management skills.
• Strong listening, written and verbal communication skills, with ability to communicate at all levels of the organization.
• Strong computer skills, including MS Office applications and accounting software.
• Flexible and adaptable to changing situations.
• Ability to remain objective in balancing business needs and risk.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
• Valid driver’s license.

How we will take care of you:

Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.