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Vice President - Accounting Operations

1st Financial Bank USA
1st Financial Bank USA Salary
Des Moines, IA Full Time
POSTED ON 12/9/2024
AVAILABLE BEFORE 2/7/2025

1st Financial Bank USA (1FBUSA), focuses on establishing and maintaining credit card relationships on a nationwide basis to the U.S. college and graduate student market and is currently hiring for a Vice President - Accounting Operations. 

Job Title: Vice President - Accounting Operations

Location: De Moines, IA (remote) 

Position Overview:  
    
The Vice President – Accounting Operations is accountable for the Bank’s periodic accounting activities including accounts payable activities including the payment of vendors, journal entries, the movement and loading of data from system to system, month-end close, and periodic account reconciliations. The Vice President of Accounting Operations is accountable for the accounting for the Bank’s fixed assets. Finally, the Vice President of Accounting Operations is also accountable for the management of the Bank’s financial systems including accepting updates on a timely basis, managing user access, and other aspects of the day-to-day management of such systems.     


Essential Functions and Responsibilities:

  • Responsible for the establishment of leading practices in the accounting and finance aspects of vendor management, including supplier and contract approvals, and the subsequent processing of invoices. 
  • Responsible for the determination of a monthly close calendar for the Bank’s operations, and the execution against it, including holding personnel accountable for tasks in the close. 
  • Review and approve journal entries prepared by direct reports and others in the organization.
  • Review the monthly trial balance for errors and inaccuracies.
  • Ensure account reconciliations are performed in accordance with Bank policy. 
  • Responsible for the administration of the Bank’s financial systems, including its general ledger, accounts payable, fixed assets, expense reporting, consolidation, and reporting modules.
  • Ensure appropriate documentation of key internal controls over financial reporting is maintained, that performance and documentation occur as required, and that no material weaknesses in these areas of responsibility are identified.
  • Support other Finance Department projects and activities. 

    
Qualifications:

Education:  Bachelor’s Degree or higher in accounting 

Experience:

  • Minimum of ten years of applicable experience in accounting, reporting, financial operations, or similar roles in a consumer finance or leasing oriented financial institution
  • Extensive experience with accounting and internal controls
  • Experience leading and managing people

Language/Reasoning/Mathematical or other specific skills:

  • Ability to present financial information in both written / presentation-style and oral formats so as to convey accounting and reporting matters to the board of directors, senior management, and staff
  • Ability to handle change, work independently or part of a team, and a self-starting attitude
  • Excellent oral, written, and interpersonal communication skills 
  • Strong analytical ability and financial acumen
  • High attention to details 
  • Proficiency in Microsoft PowerPoint, Excel and Word required

Professional Certification:  CPA preferred 

1st Financial Bank USA is an equal opportunity and affirmative action employer. 

All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

1st Financial Bank USA participates in E-Verify

 

E-Verify Right to Work Poster (justice.gov)

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