Accounting Manager - Rec Lending

About Us

Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide. We provide credit cards, recreational loans, deposit accounts, merchant services, and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.

About the Role

The Accounting Manager – Rec Lending is responsible for leading accounting and financial reporting for the Recreational Lending portfolio, including consumer installment loans that are originated through strategic partner relationships or purchased from lending partners. This role ensures the accuracy, integrity, and completeness of financial results through oversight of reconciliations, close processes, and portfolio-level reporting. The position manages a team of two staff accountants and is responsible for their development, performance management, workload prioritization, and coaching. This role serves as a key partner to finance, operations, servicing, and data teams, providing insights into portfolio performance and ensuring the appropriate application of U.S. GAAP to loan-related transactions. The Accounting Manager contributes to improved financial transparency, stronger controls, and scalable growth of the Recreational Lending portfolio.

Responsibilities

• Lead accounting and financial reporting for the Recreational Lending portfolio, including loan balances, interest income, fees, amortization, and charge-offs
• Own and coordinate month-end and quarter-end close processes, ensuring accurate and timely recording of transactions and reconciliations
• Review and approve reconciliations, journal entries, and variance analyses prepared by staff
• Maintain ownership of subledger-to-general ledger reconciliations, ensuring completeness and resolution of reconciling items
• Analyze financial results and provide clear insights into portfolio performance, trends, and key drivers
• Apply and enforce U.S. GAAP and internal accounting policies to loan lifecycle transactions
• Lead, develop, and coach accounting staff, fostering accountability and continuous improvement
• Partner cross-functionally with operations, servicing, FP&A, and data teams to improve reporting and processes
• Identify and implement process improvements to enhance efficiency, accuracy, and control effectiveness
• Support internal and external audits and ensure adherence to internal control frameworks

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• 4+ years of progressive accounting experience, including close, reconciliations, and financial reporting
• Demonstrated experience leading work, reviewing outputs, and mentoring staff in either a supervisory or lead capacity
• Strong knowledge of U.S. GAAP and financial reporting principles
• Experience working with ERP systems (such as Oracle, SAP, or similar) and advanced proficiency in Excel

Preferred Qualifications

• 2+ years of direct people management experience
• Experience with loan accounting, installment lending, or consumer finance portfolios
• Experience in subledger-driven or high-volume accounting environments
• Experience with interest income recognition, amortization, deferred fees, and charge-offs
• Experience improving close processes, reconciliation efficiency, or reporting accuracy
• Background in financial services, fintech, banking, or lending organizations

Skills

• Strong operational accounting expertise in reconciliations, accruals, and financial reporting
• Ability to analyze financial data and communicate performance drivers and variances clearly
• Demonstrated leadership and team development capabilities
• Ability to partner cross-functionally and influence stakeholders across functions
• Process improvement mindset with focus on controls, efficiency, and scalability
• Strong attention to detail and accountability for accuracy and completeness
• Effective communication, organization, and problem-solving skills

Compliance

• Responsible for complying with all the Bank’s internal control policies and procedures
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts

Why Join Us

We believe in putting people first by supporting our customers, employees, and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most: our people. At Merrick Bank, you’ll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact.

Benefits

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Medical, Dental, and Vision insurance
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• 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, Service Recognition