The Company
WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $155 billion in consumer and commercial credit products. 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.
Location
Summit, NJ or Salt Lake City, UT
Position 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 Assistant Controller in conducting key activities such as Month-End and Quarter-End close, Fixed Assets, Account Reconciliations and Audits.
Primary Responsibilities
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.
You Have:
- 0-3 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
Who will be successful in the role?
- You are passionate about accounting
- You enjoy solving problems and identifying solutions instead of waiting for issues - you are known to be proactive, take initiative and identify ways to improve processes
- You pay special attention to detail and pride yourself on an accurate and high quality work product
- You are organized but demonstrate adaptability through prioritizing your work according to the needs of the business
- You are efficient and effective and have the ability to highlight relevant information
- You thrive on taking ownership of your work product and welcome recognition and feedback
- You are resourceful, if you don’t know the answer you will find it
- You enjoy working on a high performing team and are willing to jump in and do what it takes to get the job done
- You recognize your strengths and know when to leverage your team member’s strengths
- You are a great communicator and are comfortable interacting with all levels in the organization including executives
- You seek challenges and thrive in an entrepreneurial spirited environment
