Settlement Accountant I

Merrick Bank • South Jordan, UT

5d

About The Position

The Settlement Accountant I is responsible for daily and monthly reconciliations that help ensure merchant settlements and ISO statements are completed accurately and on time. The role offers an opportunity to learn the full lifecycle of a credit card transaction, work independently with a high degree of accuracy, and develop knowledge of processes within the Merchant Accounting group.

The role also supports the month-end close process and requires compliance with the Bank’s internal control policies and procedures, as well as applicable laws and regulations. The position is with Merrick Bank, an FDIC-insured financial institution headquartered in South Jordan, Utah.

Requirements

• Associate degree in Accounting or an equivalent combination of education and relevant experience.
• Proficiency with Microsoft Word, Microsoft Excel, email, database applications, and accounting software.
• Ability to communicate clearly and work effectively across departments.
• Ability to apply mathematical concepts, including fractions, percentages, ratios, and proportions, to practical situations.
• Ability to solve practical problems and interpret instructions presented in written, verbal, diagram, or schedule form.
• Detail-oriented, with strong organizational and time-management skills.

Nice To Haves

• One to two or more years of experience in finance is preferred.
• Experience with Oracle Financials is preferred.

Responsibilities

• Reconcile and clear assigned general ledger accounts, understand account activity, and research variances in a timely manner.
• Enter daily journal entries in Oracle Cloud, obtain required approvals, and attach appropriate supporting documentation.
• Prepare daily, weekly, and monthly schedules.
• Support the month-end close process by meeting established deadlines and distributing applicable reports and schedules to appropriate stakeholders.
• Comply with the Bank’s internal control policies and procedures and applicable laws and regulations.
• Communicate operational problems, noncompliance, policy violations, or illegal acts.
• Perform other duties as assigned.

Benefits

• Competitive pay, including a bonus target or variable pay incentive program.
• Medical, dental, and vision coverage.
• 401(k) plan with company match.
• Short- and long-term disability coverage.
• Wellness programs.
• Group life and AD&D insurance.
• Paid vacation, sick days, and bank holidays.
• Employee engagement activities, including Employee Appreciation Day, DEI Employee Resource Groups, corporate social responsibility, and service recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree