Assist in the maintenance and management of loan files.
Pass necessary journal entries and bank reconciliation statement.
Responsible for reconciling differences in the financial statement and loan statement, which includes providing supporting documentation and closing the accounting records monthly.
Prepare delinquency reports, and work with business operations manager to correct outstanding delinquent issues while identifying old and irrecoverable amounts on reconciliation statement and advise how best to resolve them.
Go over negative credit histories and recommend solutions to ameliorate the challenge.
Provide monthly summary of bank reconciliations for review by Management.
Evaluate accounting and operational systems and recommend changes.
Escalate large repayment and reconciliation issues appropriately.
Evaluate opportunities for improving business processes and policies and provide suggestions.