FinTech BaaS Accounting Analyst (Hybrid)

FinanceInfos; Minneapolis (MN); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive bonus

Job summary

Choice Bank is seeking an Accounting Analyst in Minneapolis to complete accounting team projects, analyze capitalization efforts, and support invoicing for Banking as a Service (BaaS) arrangements. You will collaborate with Accounts Payable and Fixed Asset specialists and ensure timely, accurate financial information.

The role covers developing accounting principles and maintaining processes for current work to ensure accurate statements, with a focus on closing and internal controls.

Qualifications

• Minimum 3–4 years of relevant accounting experience.
• Experience with capitalization projects and invoicing processes.
• Familiarity with FinTech/BaaS accounting processes.

Responsibilities

• Aid in establishing new accounting processes for new products, investment types, or programs within the Company, such as stock compensation, fair value measurement, or derivatives, within the provided guidelines
• Assist in gathering information requested during internal and external audits.
• Assist the Finance department with complex accounting projects, including responsibility for key deliverables, as needed.
• Assist the Finance team with the chart of accounts maintenance.
• Complete the ongoing accounting for complex accounting processes, if needed, on a temporary or ongoing basis
• Ensure accounting is completed timely, accurately, and completely for the IT project capitalization
• Ensure an accurate and timely monthly, quarterly, and year-end close for areas of responsibility.
• Identify test plans and perform testing of software changes/updates, if needed.
• Prepare accurate and detailed reconciliations with supporting documentation on regular cadences.
• Prepare schedules for external financial reporting for areas of responsibility.
• Responsible for the accounting for complex areas, including deferred compensation plans and mortgage servicing rights
• Responsible for the implementation of new accounting standards, when assigned, to ensure efficiency, integrity, and compliance.
• Support non-bank business units –Wealth Management, BaaS, etc.
• 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

Skills

Analytics

Prioritization

Questioning mindset

Education

High School Diploma

Job description

Choice Bank is seeking an Accounting Analyst in Minneapolis to complete accounting team projects, analyze capitalization efforts, and support invoicing for Banking as a Service (BaaS) arrangements. You will collaborate with Accounts Payable and Fixed Asset specialists and ensure timely, accurate financial information.

The role covers developing accounting principles and maintaining processes for current work to ensure accurate statements, with a focus on closing and internal controls.