This job was posted by https://joblink.maine.gov : For more information, please see: https://joblink.maine.gov/jobs/1343996

May 2026

Date: 2026

Position Title: Lending & Accounting Specialist

Division: Finance

Level: Level 4

FLSA Status: Non-Exempt

Reports To: Chief Operating Officer

Primary Office: Bangor, Maine

Position Summary

The Lending & Accounting Specialist provides financial and administrative support to the Finance and Lending

Departments. This role handles day-to-day financial data entry and tasks including Accounts Payable (AP), Accounts

Receivable (AR), general ledger entries, and payment processing, while executing the end-to-end processing,

documentation, and closing of approved commercial loans. The Specialist serves as a key liaison between vendors,

borrowers, and internal departments to ensure compliance, accurate financial reporting, and exceptional customer

service.

Essential Functions

Commercial Loan Processing

Coordinates the processing of approved new commercial loans, letters of credit, extension, modification and

deferral agreements, loan advances, and any other documentation, as necessary. Reports any exceptions

promptly and prior to disbursement.

Working with the Commercial Loan Officer to prepare, acquire, and assemble documentation for commercial

loans following underwriting guidelines and policies.

Assists other departments with lending related functions including regulatory reporting and special projects.

Maintains the commercial loan filing system.

Reviews loans in process for accuracy, technical exceptions and adherence to policies, laws, and regulations;

reports exceptions to immediate supervisor and/or Commercial Loan Officer.

Coordinates loan closings with Commercial Loan Officer and disburses loan proceeds.

Ensures documents are recorded and legal filings complete.

Updates records and verifies that files are complete and accurate.

Prepares transactions, reports, correspondence, memos, and performs other clerical/administrative duties in an

accurate manner.

Attend meetings to discuss complex commercial transactions and/or review pending loans.

Responds to internal and external inquiries regarding the status of loans in process, technical exceptions, loan

documents, and other lending-related questions.

Consistently demonstrates proficiency in providing exemplary customer service in person and by telephone.

Maintains a friendly, positive, and professional attitude. Resolves difficult situations with tact and diplomacy.

Advises Loan Officer of problems with procedures, policies, improper calculations, deadlines, and other

problems.

Corresponds with borrowers regarding missed payments, lapses in insurance, annual collection of taxes, and

any other matters as required.

Assembles black books and all other loan files.

Assumes additional responsibilities as assigned.

General Accounting

Assist with day-to-day processes for Accounts Payable (AP) and Accounts Receivable (AR).

May 2026

Assist with accurate financial records and ensure compliance with internal policies.

Prepare new and reconcile outstanding Purchase Orders (PO).

Assist with performing account reconciliations and general ledger entries.

Assist in month-end procedures.

Support the accounting department with various administrative and reporting tasks.

Review and route invoices for approval.

Review and process invoices with purchase orders, including attaching all supporting documentation to invoice.

Code items such as invoices, vouchers, expense reports, check requests, etc., with correct account codes

conforming to EMDCs standard procedures to ensure proper entry into the financial system.

Communicate with vendors, customers and internal departments as needed including notification of payments,

resolving discrepancies,and setting up new vendors in accounting system.

Investigate and resolve problems associated with processing invoices.

Assist with preparing check runs, wire transfers, bank transfers and ACH payments.

Assist with preparing various status reports and monthly closings.

Assumes additional responsibilities as assigned.

Job Requirements

Requires strong and effective communication skill

Eastern Maine Development Corp

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