Settlement Accountant I

Merrick Bank • South Jordan, UT

1d

About The Position

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

The position also supports month-end close and related accounting activities, while following the Bank’s internal controls and applicable laws and regulations. The employee is responsible for communicating operational problems, policy or code-of-conduct violations, legal or regulatory noncompliance, and illegal acts.

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 written, verbal, diagram, or schedule-based instructions.
• 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 promptly.
• Enter daily journal entries in Oracle Cloud, obtain required approvals, and attach supporting documentation.
• Prepare daily, weekly, and monthly schedules.
• Support month-end close by meeting deadlines and distributing applicable reports and schedules to stakeholders.
• Comply with the Bank’s internal control policies and procedures and applicable laws and regulations.
• Communicate operational problems, code-of-conduct or policy violations, legal or regulatory noncompliance, and illegal acts.
• Perform other duties as assigned.

Benefits

• Competitive pay, including a bonus target or variable pay incentive program.
• Medical, dental, and vision benefits.
• 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