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Accountant I

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.

Develops, prepares, and analyzes financial and operating data while performing various complex accounting duties.  Assists with the completion of other department projects. Experience using Workday is preferred.

We offer a dynamic hybrid work model that provides the flexibility you need while maintaining meaningful in-person collaboration. Associates are expected to be in the office 3 days per week, allowing for a balance of remote and on-site work. This approach fosters teamwork, innovation, and a strong company culture while supporting work-life balance.

Pay for this role is based on experience, starting at $48,000/year

As an Accountant I, you'll have the opportunity to:
- Manage daily accounting functions related to supplier invoices and employee expense reimbursement

- Develop and communicate solutions for continuous process improvement within the job function

- Perform calculations, posting of journal entries, analysis, and reporting for accounting transactions in compliance with Generally Accepted Accounting Principles

- Apply results of research to the Company’s operations and/or specific transactions 

- Assist with financial statement review and preparation

- Assist with various accounting projects and communicate results
- Perform research and apply advanced problem solving to reconcile accounts and perform job duties
- Manage expectations through consistent and timely updates
- Work with external organizations and internal departments on project initiatives and various accounting issues


EDUCATION: 
4-year degree in Business Administration/Accounting or equivalent experience

EXPERIENCE: 
1+ years accounting experience

COMPETENCIES – SKILLS/KNOWLEDGE/ABILITIES:
1.    Understanding of basic accounting concepts
2.    Ability to work under and deliver under deadline constraints and manage multiple tasks
3.    Ability to work independently with initiative and appropriate supervision
4.    Strong analytical and problem solving ability
5.    Excellent oral and written communication skills
6.    Effectively interact with various divisions and levels of management throughout the company 
7.    Excellent PC and technology skills including MS Excel & Word
 

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.

Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, 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, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.  

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.

Average salary estimate

$48000 / YEARLY (est.)
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$48000K
$48000K

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What You Should Know About Accountant I, Nelnet

Are you looking to jumpstart your career in accounting? Nelnet, a dynamic and innovative company based in Lincoln, NE, is on the lookout for an Accountant I. In this exciting role, you will dive into a variety of accounting functions that directly contribute to our mission of enriching lives through unparalleled service. At Nelnet, we believe in teamwork and the power of good communication; therefore, you'll be actively managing daily accounting tasks, handling supplier invoices, and employee expense reimbursements while also identifying opportunities for process improvements. Your analytical mindset will help you perform calculations, journal entries, and analysis in compliance with Generally Accepted Accounting Principles. With a supportive team by your side, you'll get to collaborate with various departments and external organizations on important project initiatives. We value flexibility in the workplace, providing a hybrid work model that encourages a seamless blend of in-office and remote work—perfect for maintaining balance and fostering relationships. This position requires a degree in Business Administration or Accounting and at least a year of accounting experience. If you're enthusiastic about problem-solving and ready to develop your skills, Nelnet is the place for you! Join us and become part of a community dedicated to creating opportunities for success, where you’ll not only grow professionally but also have access to an incredible suite of benefits including health care plans, 401K plans, and generous paid time off. Come aboard and help us empower individuals and communities nationwide!

Frequently Asked Questions (FAQs) for Accountant I Role at Nelnet
What are the primary responsibilities of an Accountant I at Nelnet?

As an Accountant I at Nelnet, your primary responsibilities will include managing daily accounting functions, such as processing supplier invoices and employee expense reimbursements, as well as performing journal entries and accounting analysis in line with Generally Accepted Accounting Principles. Additionally, you'll assist in the preparation and review of financial statements and participate in various accounting projects.

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What qualifications are needed to become an Accountant I at Nelnet?

To qualify for the position of Accountant I at Nelnet, candidates should possess a 4-year degree in Business Administration or Accounting, along with at least one year of relevant accounting experience. Familiarity with Workday is preferred, and strong analytical and communication skills are crucial for success in this role.

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What is the work environment like for an Accountant I at Nelnet?

At Nelnet, Accountant I positions benefit from a hybrid work model that allows for a perfect blend of remote and in-office collaboration. Associates are expected to work in the office three days per week, fostering a strong sense of teamwork and community while still enjoying the flexibility of working from home.

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What kind of growth opportunities exist for an Accountant I at Nelnet?

Nelnet is committed to the professional growth of its employees, offering various opportunities for advancement in the accounting field. As you gain experience and contribute to projects, you'll have the chance to develop your skills and possibly advance to higher-level accounting roles or take on specialized projects that align with your career goals.

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What benefits can I expect as an Accountant I at Nelnet?

As an Accountant I at Nelnet, you will enjoy a comprehensive benefits package including medical, dental, vision, 401K plans, generous paid time off, student loan repayment programs, tuition reimbursement, and wellness initiatives, among others. This ensures you have the resources for both your professional and personal well-being.

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Common Interview Questions for Accountant I
Can you explain a time when you identified a process improvement in accounting?

When answering this question, highlight a specific instance where you analyzed a current process, pinpointed inefficiencies, and implemented a successful solution. Emphasize your analytical skills and how this improvement led to increased accuracy or efficiency.

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How do you ensure compliance with Generally Accepted Accounting Principles?

Discuss your familiarity with GAAP and your methods for staying updated on compliance regulations, such as attending workshops, reading relevant literature, or using software tools. Providing a concrete example of past compliance measures will strengthen your answer.

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What accounting software are you familiar with, and how have you used it in your work?

Mention your experience with accounting software like QuickBooks, Microsoft Excel, or Workday. Share situations where you used these tools to manage financial data effectively, including any specific tasks like generating reports or streamlining invoicing.

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Describe your experience with financial statement preparation.

Provide details on your experience creating income statements, balance sheets, or cash flow statements. Highlight your attention to detail and knowledge of financial analysis techniques that you used to review and ensure accuracy.

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How do you prioritize tasks in a fast-paced accounting environment?

Talk about your time management skills and your ability to handle multiple tasks under tight deadlines. Providing a specific example where you successfully juggled competing priorities while maintaining quality will illustrate your capabilities.

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How would you handle a dispute with a coworker regarding an accounting issue?

Explain your approach to resolving conflicts by emphasizing open communication, active listening, and seeking a win-win solution. Sharing a relevant personal experience demonstrates your conflict resolution skills effectively.

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What experience do you have with processing invoices or expense reimbursements?

Discuss any hands-on experience in managing supplier invoices or employee expense reimbursements, detailing your methodology for accuracy and compliance. Mention tools or systems that facilitate these processes.

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What steps would you take to reconcile an account with discrepancies?

Describe the systematic approach you would adopt to reconcile accounts, including conducting thorough reviews, investigating discrepancies, and applying problem-solving skills. Mention any tools or techniques you use to aid in the reconciliation process.

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How do you stay current with changes in accounting standards and practices?

Outline the ways you continuously educate yourself, such as following industry journals, attending webinars, or joining professional organizations. This showcases your commitment to staying updated in the rapidly changing landscape of finance and accounting.

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What makes you a good fit for the Accountant I position at Nelnet?

Tailor your answer to reflect your skills and experiences that align closely with the responsibilities of the Accountant I position at Nelnet. Highlight your analytical abilities, team-oriented approach, and passion for contributing to a company dedicated to enriching lives, demonstrating that you share the organization’s values.

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Full-time, hybrid
DATE POSTED
April 23, 2025

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