Accounting Analyst
Company
WebBank
Location
York ON
Type
Full Time
Job Description
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
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.Â
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
Date Posted
12/01/2022
Views
9
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