Loan Accountant Salary in Sioux Falls, South Dakota

How much does a Loan Accountant make in Sioux Falls, SD?

As of March 01, 2025, the average annual salary for a Loan Accountant in Sioux Falls, SD is $40,006. According to Salary.com, salaries can range from a low of $31,777 to a high of $48,885, with most professionals earning between $35,699 and $44,653.

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Salary range for a Loan Accountant

$35,699 to $44,653

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Loan Accountant

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Job Openings for Loan Accountant in Sioux Falls, SD

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 Sioux Falls, SD

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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 Sioux Falls, SD

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LEVEL OF EDUCATION

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Average Salary Range for Loan Accountant in Sioux Falls, SD

Average Base Salary

Core compensation

35699

44653

40006

Average Total Cash Compensation

Includes base and annual incentives

37427

46884

42000

What is the average salary for Loan Accountant in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Accountant in Sioux Falls, SD. The base salary for Loan Accountant ranges from $35,699 to $44,653 with the average base salary of $40,006. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $37,427 to $46,884 with the average total cash compensation of $42,000.

View Average Salary for Loan Accountant as table

	Average Salary	Average Salary Range
Base Salary	$40,006	$35,699 - $44,653
Bonus	$1,994	$1,728 - $2,231
Total Pay	$42,000	$37,427 - $46,884

* 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 Sioux Falls, SD

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Sioux Falls, SD
CITY, STATE Brookings, SD	AVERAGE SALARY RANGE $34,704 - $43,409	COMPARE TO Sioux Falls, SD
CITY, STATE Sioux City, IA	AVERAGE SALARY RANGE $34,130 - $42,691	COMPARE TO Sioux Falls, SD
CITY, STATE Watertown, SD	AVERAGE SALARY RANGE $34,704 - $43,409	COMPARE TO Sioux Falls, SD
CITY, STATE Norfolk, NE	AVERAGE SALARY RANGE $33,776 - $42,249	COMPARE TO Sioux Falls, SD
CITY, STATE Fremont, NE	AVERAGE SALARY RANGE $36,581 - $45,757	COMPARE TO Sioux Falls, SD
CITY, STATE Aberdeen, SD	AVERAGE SALARY RANGE $32,534 - $40,695	COMPARE TO Sioux Falls, SD

See salaries for Loan Accountant in locations close to Sioux Falls, SD. 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 Sioux Falls, South Dakota

Sioux Falls (/ˌsuː ˈfɔːlz/) (Lakota: Íŋyaŋ Okábleča Otȟúŋwahe; "Stone Shatter City") is the most populous city in the U.S. state of South Dakota and the 143rd-most populous city in the United States. It is the county seat of Minnehaha County and also extends into Lincoln County to the south, proximate with the Minnesota state line. It is the 47th-fastest-growing city in the United States and the fastest-growing metro area in South Dakota, with a population increase of 22% between 2000 and 2010. As of 2019, Sioux Falls had an estimated population of 187,200. The metropolitan population of 259,0...

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

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