Description: The Accounting Analyst is responsible for completing accounting team projects, analyzing and projects for capitalization to provide information to the Accounts Payable and Fixed Asset specialist, detailed review and problem resolution related to the invoicing process for Banking as a Service (BaaS/FinTech) arrangements, and tracking contract requirements related to accounting for FinTech partners and ensuring invoicing is complete and accurate. This role will develop and maintain accounting principles, practices and procedures relate to projects or current work to ensure accurate and timely financial statements.

Responsibilities

Accounting Operations
• Responsible for the implementation of new accounting standards, when assigned, to ensure efficiency,
integrity, and compliance.
• Ensure accounting is completed timely, accurately, and completely for IT project capitalization
• Assist the Finance department with complex accounting projects, including responsibility for key
deliverables, as needed.
• Ensure an accurate and timely monthly, quarterly and year-end close for areas of responsibility.
• Prepare schedules for external financial reporting for areas of responsibility.
• Responsible for the accounting for complex areas, including deferred compensation plans and
mortgage servicing rights
• Assist the Finance team with chart of accounts maintenance.
• Prepare accurate and detailed reconciliations with supporting documentation on regular cadences.
• Aid in establishing new accounting processes and procedures for new products, investment types, or
programs within the Company, such as stock compensation, fair value measurement, or derivatives
within provided guidelines
• Complete the ongoing accounting for complex accounting processes, if needed, on a temporary or
ongoing basis
• Assist in gathering information requested during internal and external audits.
• Support the design and execution of effective internal controls in the Finance group, including
identifying the need for additional controls in new Finance processes
• Support the Finance team with special projects and workflow process improvements
• Support non-bank business units –Wealth Management, BaaS, etc.
• Identify test plans and perform testing of software changes/updates, if needed.

FinTech/Banking as a Service (BaaS) Support
• Responsible for daily reconciliation of BaaS programs, including but not limited to comprehension and
application of funds flows, evaluating the effectiveness of matching logic and updating as needed,
monitoring and managing reconciliation exceptions and escalating any issues when appropriate.
• Responsible for the accurate and timely invoicing of the Choice BaaS relationships, including reviewing
contracts and contract changes, collaborating with other team members to ensure controls are in
place and operating, collaborating with IT to ensure acc urate and complete information is provided,
and ensuring appropriate revenue recognition for Banking as a Service partners
• Oversee Finance collaboration with FinTech / BaaS and Operations teams to onboard new partners,
assist in work needed to set-up partners with new invoicing procedures and establishing monitoring
per contract terms for changes through the life of the contract.
• Support Relationship Managers in researching and providing timely solutions to any invoice
discrepancies impacting BaaS relationships.
• Develop relationships with FinTech and any other BaaS teams.
• Develops, maintains, and strengthens partnerships with others inside and outside the company so it’s
possible to provide information, assistance, and direction effectively

Requirements:

• Minimum of 3 to 4 years of relevant experience with requisite competencies.
• Develops and documents procedures and ensures accuracy of accounting.
• Independently perform analysis of work results and proactively provide suggestions and conclusions.
• Ability to perform basic analysis of work results with guidance and direction.
• Demonstrate the ability to prioritize tasks with little supervision.
• Develop a questioning mindset and seek clarification when needed

Culture Alignment

Choice is #PeopleFirst, banking second.

People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.

• Embrace change and encourage innovation.
• Know when to ask for help and know when to offer help.
• Better the places we live.
• Work hard. Do the right thing. Have a little fun.

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.

Disclosure

This job description is intended to describe the general content of, and requirements for, the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a significant risk to the health and safety of themselves or other employees.

All employment at Choice Financial Group is “at will” employment. This position description does not create an employment contract, implied or otherwise.

The base salary for this role is listed below. This pay range is posted to comply with wage transparency laws. The base salary may vary based on skill, ability, knowledge, experience and geographic location. Full time employees are also eligible for a competitive bonus and benefits package. Check out bankwithchoice.com/careers for an outline of current benefit offerings.