VP Director of Accounting

Purpose:

The Vice President of Accounting (the “VP of accounting”) is responsible for ensuring FinWise books and records capture all activities and transactions of the Bank accurately, timely and adequately supporting the management and reporting needs of the organization. The VP oversees the accounting and regulatory reporting functions of the Bank. This includes all transactions and activities captured in the financial books and records, the general ledger account reconciliations, and key accounting estimates. In addition, the VP of Accounting is responsible for coordinating with the Bank’s consultant and ensuring the accurate recording of all tax impacts

The VP of Accounting supports the CAO in preparing the annual and quarterly SEC financial filings and other reports for the Board of Directors, oversees preparation of the quarterly Call Reports as well as other regulatory reports due to the Federal Reserve. Ensures timely and accurate financial information is providedto both internal and externalstakeholders.

The specific tasks which the VP of Accounting performs or oversees the performance of includes:

Tasks:

• Managing the Accounting team in performing their duties.
• Ensuring the books and records are maintained in accordance with US generally accepted accounting principles and regulatory accounting guidelines.
• Timely closing of the books and records each month including analysis of variances from prior periods and expectations, and identifies and reports unusual or unexpected activity to the CAO and CFO.
• Estimating the allowance for credit losses with Credit.
• Responsible for the tax accrual and monitoring the work performed by the selected third-party tax advisor.
• Oversees and maintains revenue recognition practices and policies throughout the Bank.
• Preparing the Call Report and financial reports submitted to the Federal Reserve.
• Guiding financial decisionsby establishing, monitoring, and enforcing policiesand procedures.
• Protecting assets and helping ensure all transactions are captured and reflected accurately in the accounting records by establishing, monitoring, and ensuring compliance with internal controls over financial reporting.
• Supporting the annual financial statements audit and quarterly reviews, by providing and coordinating the provision of financial information to the independent public accountant.
• Preparing special reportsby collecting, analyzing, and summarizing information and trends.
• Complying with federal, state, and local legal requirements by studying existing and new legislation and advising management on needed actions.
• Providing effective supervision by planning work, coaching, counseling, disciplining employees, and appraising performance.
• Protects operations by keeping financial information and plansconfidential.

Knowledge, Skills, and Abilities:

• US GAAP and regulatory accounting guidance typical of banks and financial institutions.
• Regulatory financial reporting requirements.
• Use of the general ledger to support management needs and SEC and regulatory reporting requirements.
• Knowledge and skillin managing accounting processes.
• Knowledge of accounting and financial software.
• Proficient in using financial software.
• Ability to develop accounting and internal control standards.
• Skill in auditing.
• Knowledge of corporatefinance.
• Skill in trackingbudget expenses.
• Skill in analyzing information.
• Skill in performance management.
• Strong verbal and written communication skills.

Required Education / Experience / License:

• Bachelor’s degree in accounting, finance,or related field from an accredited collegeor university.
• 10 or more years of accounting experience.
• Management experience.

Preferred Education /Experience / License:

• CPA and/or advanceddegree.
• Proficiency in MicrosoftOffice (Word, Excel,PowerPoint).
• Strong interpersonal and analytical skills.

Background checks are required on all bank employees due to the accessibility of Personally Identifiable Private Information.

FinWise is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color,national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status.

FinWise provides reasonable accommodations to the known disabilities of individuals in compliance with the Americans with Disabilities Act. For accommodation information or if you need special accommodations to complete the application process, please contact the Human Resources Department at (801) 545 - 6041.

Qualified applicants with criminal historyand conviction recordswill be considered in accordance with legal requirements.