Sr. Settlement Accountant

Merrick Bank•South Jordan, UT

About The Position

The Senior Accountant – Flow Lending is responsible for supporting accounting and financial reporting for the Flow Lending portfolio, including consumer installment loans originated through strategic partner relationships or purchased from lending partners. This role owns key components of the close process, including preparation and review of reconciliations, journal entries, and supporting schedules, while ensuring accuracy, completeness, and consistency of financial data. The Senior Accountant partners closely with the AVP, Accounting Services and cross-functional teams across operations, servicing, and finance to resolve complex issues, analyze portfolio performance, and strengthen accounting processes. This role requires strong analytical capabilities, sound accounting judgment, and the ability to operate with a high degree of independence while contributing to continuous improvement in reconciliation, reporting, and close processes.

Requirements

Associate degree in Accounting, Business, or a related field with 2+ years of progressive accounting experience OR 5+ years of progressive accounting or financial analysis experience in lieu of a degree
Strong understanding of accounting principles and financial reporting fundamentals, with the ability to apply them to moderately complex transactions and scenarios
Experience with account reconciliations, journal entries, and accrual-based accounting
Demonstrated ability to analyze and resolve complex accounting issues, including identifying root causes and recommending solutions
Ability to work independently and exercise sound judgment in a deadline-driven environment
Proficiency in Microsoft Excel, including pivot tables, lookup functions, and data analysis techniques
Strong analytical and problem-solving skills
Effective communication and collaboration skills

Nice To Haves

Experience with loan accounting, installment lending, or consumer finance portfolios
Experience in subledger-driven or high-volume accounting environments
Familiarity with interest income recognition, amortization, deferred fees, and loan lifecycle concepts
Experience supporting close processes in a business line or divisional accounting structure
Experience improving reconciliation processes, close timelines, or reporting accuracy
Experience with ERP systems and financial reporting tools
Background in financial services, fintech, banking, or lending organizations
Experience reviewing work or providing guidance to junior team members

Responsibilities

Prepares and reviews complex account reconciliations supporting the Flow Lending subledger-to-general ledger process
Prepares and reviews journal entries and supporting schedules
Performs detailed variance analysis and identifies drivers of fluctuations
Partners with operations and finance teams to resolve complex discrepancies
Supports preparation and enhancement of business line reporting
Applies accounting policies to routine and moderately complex transactions
Prepares and reviews audit support documentation
Identifies and implements process improvements
Uses Excel and reporting tools for portfolio analysis
Provides guidance to junior team members