Senior Consultant – Loan Accounting & Process Improvement (Contract)
SpectrumCareers is partnering with a large financial institution to find a Senior Consultant with deep loan accounting experience for a short-term engagement. The role combines hands-on accounting with a mandate to assess and improve how the loan accounting function operates. It’s a strong fit for someone who can step in quickly, own the day-to-day, and leave behind cleaner processes than they found.
Responsibilities:
Manage complex journal entries, advanced account reconciliations, and financial reporting schedules.
Oversee guarantee invoicing and reporting, adhering to loan accounting controls.
Resolve intricate commitment and loan-related data issues.
Respond to internal and external inquiries, including those from auditors.
Evaluate current loan accounting workflows, reconciliations, and close processes to identify inefficiencies, control gaps, and manual workarounds.
Design and implement process improvements, including streamlined reconciliations, standardized templates, and automation opportunities in Excel and the loan sub-ledger.
Document revised procedures, desk guides, and control narratives to support consistency and audit readiness.
Partner with accounting, operations, and IT stakeholders to drive adoption of improved processes.
Deliver recommendations and a transition plan so improvements are sustained after the engagement ends.
Qualifications: Bachelor’s degree in Accounting; CPA a plus.
Five or more years of accounting experience, with a focus on loans.
Experience in financial institutions strongly preferred.
Demonstrated track record of process improvement, whether through consulting, Big 4, or internal transformation work.
Strong understanding of financial and accounting principles (GAAP).
Excellent organization, multitasking, and critical thinking skills.
High attention to detail and accuracy in maintaining financial records.
Proficiency in general ledger and sub-ledger systems, along with advanced Excel skills.
Ability to independently gather, consolidate, and analyze accounting data.
Effective written and verbal communication skills, including documenting processes for others.
Strong team and collaboration skills, with the ability to influence without direct authority.
Available to start immediately.
