Manager Settlement Accounting

Merrick Bank•South Jordan, UT

6d•Hybrid

About The Position

The Accounting Manager – Credit Card Lending is responsible for leading a team responsible for the accounting and financial reporting for the credit card portfolio, including Merrick owned card portfolios and Merrick originated credit card loans with strategic partners. This role ensures the accuracy, integrity, and completeness of financial results through oversight of reconciliations, close processes, and portfolio-level reporting. The position manages a team of staff accountants and is responsible for their development, performance management, workload prioritization, and coaching. This role serves as a key partner to finance, operations, servicing, and data teams, providing insights into portfolio performance and ensuring the appropriate application of U.S. GAAP to loan-related transactions. The Accounting Manager contributes to improved financial transparency, stronger controls, and scalable growth of the Flow Lending portfolio.

Requirements

5+ years of progressive accounting experience, including close, reconciliations, and financial reporting
Demonstrated experience leading work, reviewing outputs, and mentoring staff in either a supervisory or lead capacity
Strong knowledge of U.S. GAAP and financial reporting principles
Experience working with ERP systems (such as Oracle, SAP, or similar) and advanced proficiency in Excel

Nice To Haves

Bachelor’s degree in Accounting, Finance, or a related field; or an Associate’s degree with significant relevant accounting experience; or equivalent progressive accounting experience preferred.
2+ years of direct people management experience
Experience with loan accounting, credit card lending, or consumer finance portfolios
Experience in subledger-driven or high-volume accounting environments
Experience with credit card charge-offs and recovery activities.
Experience improving close processes, reconciliation efficiency, or reporting accuracy
Background in financial services, credit card, banking, or lending organizations
Strong operational accounting expertise in reconciliations, accruals, and financial reporting
Ability to analyze financial data and communicate performance drivers and variances clearly
Demonstrated leadership and team development capabilities
Ability to partner cross-functionally and influence stakeholders across functions
Process improvement mindset with focus on controls, efficiency, and scalability
Strong attention to detail and accountability for accuracy and completeness
Effective communication, organization, and problem-solving skills

Responsibilities

Lead accounting and financial reporting for the Credit Card Lending portfolio, including loan balances, interest income, fees, charge-off and recoveries.
Own and coordinate month-end and quarter-end close processes, ensuring accurate and timely recording of transactions and reconciliations
Review and approve reconciliations, journal entries, and variance analyses prepared by staff
Maintain ownership of subledger-to-general ledger reconciliations, ensuring completeness and resolution of reconciling items
Analyze financial results and provide clear insights into portfolio performance, trends, and key drivers
Apply and enforce U.S. GAAP and internal accounting policies to loan lifecycle transactions
Lead, develop, and coach accounting staff, fostering accountability and continuous improvement
Partner cross-functionally with operations, servicing, FP&A, and data teams to improve reporting and processes
Identify and implement process improvements to enhance efficiency, accuracy, and control effectiveness
Support internal and external audits and ensure adherence to internal control frameworks