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Accounting Analyst - Salt Lake City Utah
Company: WebBank
Location: Salt Lake City, Utah
Posted On: 01/27/2025
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:
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