Accounting Analyst

1 month ago

Salt Lake City, United States WebBank Full time

About WebBank

WebBank (the “Bank”) is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies.  The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms.  WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners and Security Premium Finance, a wholly owned subsidiary of National Partners.

Job Summary

WebBank is looking for an Accounting Analyst to join the Finance Team.  The Accounting Analyst performs a variety of routine and non-routine accounting functions with significant focus on General Ledger accounting. This position is also responsible for supporting the Controller in conducting key activities such as Month-End and Quarter-End close, Fixed Assets, Account Reconciliations and Audits. The Accounting Analyst will report to the Accounting Manager.

Primary Responsibilities (Job Duties)

You Will:

  • Prepare monthly and daily journal entries such as Cash, Prepaids, Depreciation & Amortization, Expense Allocations & Revenue.
  • Assist with Month-end, quarter-end and year-end closing.
  • Assist with Balance Sheet preparation and Monthly Account reconciliations.
  • Maintain and update Fixed Assets.
  • Review cash deposits and prepare cash receipt journal entries.
  • File and maintain all journal entries for internal and audit purposes.
  • Assist in automating processes and procedures.
  • Assist with financial audits.
  • Assist with preparation of monthly Accounting and ALCO reports.
  • Backup Senior Accountant with duties.
  • Other duties as assigned, including special projects.

Qualifications

You Have:

  • 1-3 years of professional accounting experience
  • Thorough knowledge of established accounting principles and practices
  • Solid computer skills with Microsoft Office software
  • Exceptional written communication skills
  • Knowledge and proficiency of Generally Accepted Accounting Principles (GAAP) with regards to financial reporting for a public company

Even Better:

  • Bachelor’s degree in Accounting
  • Lease Accounting/Contract Abstraction
  • Previous general ledger accounting experience
  • Advanced Excel/spreadsheet skills

Company Perks:

You Get:

  • Flexible work options – Flexible work-from-home opportunities and other hybrid workplace options are available
  • Paid Time Off (PTO) - Generous paid time off plus paid parental leave
  • Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts
  • 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately
  • Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid
  • Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year

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