Accounting Analyst

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.

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 Controllers 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 Assistant Controller.

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 close processes.
• Collaborate with internal teams and external partners to resolve accounting issues
• Assist with Balance Sheet preparation and Monthly Account reconciliations.
• Maintain and update Fixed Asset records.
• 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.
• Provide support with financial audits.
• Assist with preparation of monthly Accounting and ALCO reports.
• Backup Senior Accountant and Assistant Controller with duties.
• Perform additional responsibilities and special projects as assigned.

Company Perks:

You Get:

• 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

Requirements:

Qualifications

You Have:

• Bachelor's degree in Accounting
• 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:

• Lease Accounting/Contract Abstraction
• Previous general ledger accounting experience
• Advanced Excel/spreadsheet skills

Compensation: TBD