Loan Accountant Salary in Portland, Maine

What is the highest and lowest pay for Loan Accountant?

As of December 01, 2024, the average annual pay of Loan Accountant in Portland, ME is $43,257. While Salary.com is seeing that the highest pay for Loan Accountant in Portland, ME can go up to $52,855 and the lowest down to $34,357, but most earn between $38,598 and $48,281. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Accountant in the United States.

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Salary range for a Loan Accountant

$38,598 to $48,281

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Loan Accountant

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Job Openings for Loan Accountant in Portland, ME

What does a Loan Accountant do?

Common responsibilities of a Loan Accountant

Generate and analyze accounting reports related to Accounts Payable, Accounts Receivable and the General Ledger.

November 07, 2022

Create all accounting entries (general ledger, transaction account).

March 22, 2023

Performs post-closing loan verification, the loan checklist/control sheet process and all other post-closing loan accounting and servicing functions.

September 06, 2022

Respond to requests from other departments and perform research.

February 03, 2023

Prepare queries and reports, on an as needed basis, for management, internal audit and external audit.

February 18, 2023

Complete other projects as assigned.

March 05, 2023

Reviews and monitors loan system data, loan system reports, processes needed changes to member data, completes periodic reporting requirements and complies with other special information requests.

March 09, 2023

Assist in the preparation of monthly and quarterly key documents for distribution to the internal management executives and external financial entities, including the SEC Form 10-Q and 10-K.

March 21, 2023

Manage and perform the FFELP and Private Credit models to calculate amortization, benefits allowance and late fee accrual calculation.

April 11, 2023

Provides a comprehensive solution that includes education, testing, digital consults, and subscription plans to cover the cost of treatment.

May 05, 2023

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Loan Accountant Salary By Experience Levels in Portland, ME

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Loan Accountant Salary By Level of Education in Portland, ME

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Loan Accountant in Portland, ME

Average Base Salary

Core compensation

38598

48281

43257

Average Total Cash Compensation

Includes base and annual incentives

40468

50694

45411

What is the average salary for Loan Accountant in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Accountant in Portland, ME. The base salary for Loan Accountant ranges from $38,598 to $48,281 with the average base salary of $43,257. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,468 to $50,694 with the average total cash compensation of $45,411.

View Average Salary for Loan Accountant as table

	Average Salary	Average Salary Range
Base Salary	$43,257	$38,598 - $48,281
Bonus	$2,155	$1,870 - $2,413
Total Pay	$45,411	$40,468 - $50,694

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Loan Accountant Salary Near Portland, ME

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Portland, ME
CITY, STATE South Portland, ME	AVERAGE SALARY RANGE $38,493 - $48,149	COMPARE TO Portland, ME
CITY, STATE Westbrook, ME	AVERAGE SALARY RANGE $38,493 - $48,149	COMPARE TO Portland, ME
CITY, STATE Auburn, ME	AVERAGE SALARY RANGE $38,103 - $47,661	COMPARE TO Portland, ME
CITY, STATE Lewiston, ME	AVERAGE SALARY RANGE $38,103 - $47,661	COMPARE TO Portland, ME
CITY, STATE Windham, ME	AVERAGE SALARY RANGE $38,467 - $48,117	COMPARE TO Portland, ME
CITY, STATE Saco, ME	AVERAGE SALARY RANGE $38,415 - $48,051	COMPARE TO Portland, ME

See salaries for Loan Accountant in locations close to Portland, ME. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Portland, Maine

Portland is a city in the U.S. state of Maine, with a population of 67,067 as of 2017. The Greater Portland metropolitan area is home to over half a million people, more than one-third of Maine's total population, making it the most populous metro in northern New England (an area comprising the states of Maine, New Hampshire, and Vermont). Portland is Maine's economic center, with an economy that relies on the service sector and tourism. The Old Port district is known for its 19th-century architecture and nightlife. Marine industry still plays an important role in the city's economy, with an a...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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