Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

Provide ongoing financial analysis reporting on servicing and financial data and research as it relates to the segment financial statements and associated financings.

JOB RESPONSIBILITIES:

• Review and research of financing-related legal documents. Prepare written detailed summaries of findings for dissemination to supervisor and upper management.

• Monitor and assist with the administration of required bond redemptions and interest payments.

• Monitor and analyze cash balances held by trustees for purposes of preparing compliance “waterfall reports”. Perform analysis for purposes of determining the sufficiency of meeting waterfall and debt redemption cash needs of the financing and the correct application of funds. Analyze ongoing origination and loan purchase cash needs for purposes of preparing Warehouse Financing draw requests.

• Monitor and analyze portfolio characteristics for compliance and financial needs.

• Complete monthly semiannual and/or annual financing reports as required. Such preparation shall include the calculation of financial ratios statistics and other financial measurements and triggers that serve as covenants under the related financing documents. Such reports may also include the analysis balancing and summarizing of transactional information as it relates to the student loan portfolio and as provided by a multitude of servicers. Assist in the review of other Analysts reports as requested.

• Compile servicing related data and coordinate recording entries in GL and payments with outside vendors.

• Calculate accruals and prepare financial statement entries. Prepare monthly reconciliations general ledger accounts.

• Calculate interest rates on various structures and perform various other analysis and reporting related to interest rates.

• Assist with complex ad-hoc analytical or compliance projects as required for both internal and external parties.

• Leverage accounting and finance software system for budgeting/planning and reporting functions.

• Independently formulate and propose solutions to compliance related issues and processes while consistently considering the overall corporate “big picture”. Provide recommendations and suggestions as they relate to the setup and structuring of new reporting processes and analytical projects. Propose improvements to current processes.

EDUCATION : Bachelors degree in Finance or Accounting or relevant experience

EXPERIENCE:

• Financial analysis experience with a proven record of success.

• Previous experience in reporting and analyzing financial data.

• Knowledge of basic accounting theories practices and financial concepts relative to profitability and financial ratios. Knowledge of income statement and balance sheet relationships.

• Excellent PC skills including the application of Excel.

Preferred Experience:

• Previous experience in report package completion and/or development.

• Financing compliance related background.

• Proven record of interpreting understanding and implementing financing related legal documents and concepts.

• Student loan experience.

COMPETENCIES – SKILLS/KNOWLEDGE/ABILITIES:

• Strong PC skills including utilizing Excel spreadsheets and databases

• Strong analytical verbal and written communication skills

• Good judgment

• Self-starter motivated and possesses ability to allocate and utilize time efficiently

• Extreme attention to detail - Ability to work independently and in a team setting

• Flexibility and willingness to learn new concepts

• Ability to handle multiple priorities while consistently meeting or exceeding deadlines with minimal supervision

• Excellent skills in analytic problem solving

• Enthusiastically seeks challenges and willingly embraces change

• Ability to view concepts in a detailed fashion as well as from a departmental corporate-wide and/or industry-wide perspective (understands “big picture”)

• Excellent presentation of reports and correspondence (both internal and external) with a consistently very high level of accuracy

Compensation range for this position is $45,000-$60,000 depending on experience.

Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: LINK (http://nelnetinc.com/careers/benefits/) .

Nelnet is an Equal Opportunity Employer, complies with Executive Order 11246, and takes affirmative action to ensure that qualified applicants are employed, and that employees are treated during employment, without regard to race, color, religion/creed, national origin, gender, or sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by Federal or State law or local ordinance.

Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 or corporaterecruiting@nelnet.net .

Nelnet is a Drug Free and Tobacco Free Workplace.

You may know Nelnet as the nation’s largest student loan servicer – but we do more than that. A lot more. We’re also a professional services company, consumer loan originator and servicer, payment processor, renewable energy innovator, and K-12 and higher education expert (and that’s just a shortlist). For over 40 years, we’ve been serving our customers, associates, and communities to make dreams possible.

EEO Info (https://nelnetinc.com/wp-content/uploads/EEO-poster.pdf) | EEO Letter (https://nelnetinc.com/wp-content/uploads/EEO-Jeffs-Letter.pdf) | EPPA Info (https://nelnetinc.com/wp-content/uploads/Employee-Polygraph-Protection-Act-Poster.pdf) | FMLA Info (https://nelnetinc.com/wp-content/uploads/FMLA-Leave.pdf)