Accounting Analyst

Company: WebBank
Location: Salt Lake City
Posted on: January 22, 2025

Job Description:

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
        

Keywords: WebBank, West Jordan , Accounting Analyst, Accounting, Auditing , Salt Lake City, Utah