Job Description

Principal Accounting Analyst Location Fargo, ND (Amber Valley area) :

The Sprincipal Accounting Analyst is responsible for completing complex accounting team projects, analyzing and projects for capitalization to provide information to the Accounts Payable and Fixed Asset specialists, 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. He/she will develop and maintain accounting principles, practices, and procedures related to projects or current work to ensure accurate and timely financial statements.

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 Mortgage Servicing Rights, including working with third-party valuation firms to obtain annual valuation or, more often, if needed.
• Responsible for the accounting for Wealth Management program and deferred compensation plans
• Assist the Finance team with chart of accounts maintenance.
• 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 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 accurate and complete information is provided, and ensuring appropriate revenue recognition for Banking as a Service partners
• Oversee Finance collaboration with FinTech / BaaS and Transaction Services team 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 provide 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.

Experience

Required

• Consistently models behavior that is perceived as responsible, reliable, and ethical.
• Uses in-depth understanding of accounting principles to create efficiencies and solve problems.
• Communicates effectively in interactions with others, both verbally and in writing. Plans and delivers communication that maximizes the comprehension of audience.
• Ability and experience to anticipate the implications and consequences of changing circumstances and takes appropriate action to be prepared for possible contingencies. Applies critical thinking to problem solve and resolve issues that arise
• 6 year(s): Years' experience required in an accounting function, preferably within a banking environment or accounting technology company.

Education

Required

• Bachelors or better in Accounting or related field

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Job Tags

Full time, Contract work, For contractors,

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