AP/AR Staff Accountant I

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What We Do

At CardWorks, we aim to help people connect with possibility and opportunity using our financial servicing expertise. Building meaningful, long-term relationships with consumers, our employees, and our clients is what matters most.

Who We Are

CardWorks, Inc. is a diversified consumer finance service provider and parent company of CardWorks Servicing, LLC, Merrick Bank and Carson Smithfield, LLC.

CardWorks Servicing, LLC provides end-to end operational servicing functions for credit cards, secured cards, and installment loans.  We service consumer and small business loans across the credit spectrum and offers backup servicing and due diligence services to capital providers and trustees.

Merrick Bank is an FDIC-insured Utah Industrial Loan Bank.  Merrick operates three main business lines:  credit cards, recreational lending, and merchant services.

Carson Smithfield, LLC provides a variety of post-charge-off debt recovery services, including digital self-service, IVR, live agent, and external agency management.

Position Summary:         

This position is responsible for the full Accounts Payable (AP) cycle, from collecting and reviewing incoming invoices, expense reports and related documents, through the issuance of payments to vendors and associates.  This individual prepares and maintains the underlying support for all fund remittances and assists on all financial audits in the capacity of document retrieval. Through review, analysis, and timely processing, the AP Staff Accountant ensures completeness and accuracy of AP sub-ledger and AP related general ledger (GL) postings in the company’s financial books of record.  They compile data, allocate and post invoices and distributions, print checks, prepare ACHs and Wires, and prepare reconciliations, while assuring compliance with internal controls, external regulatory requirements, and Generally Accepted Accounting Principles (GAAP). They produce expenditure reporting, and support the enhancement of the Oracle Fusion Enterprise Resource Planning Cloud system through participation in testing AP functionality and assuring accurate data inputs.  Ad hoc projects and deliverables, disparate to the AP spectrum, are assigned, assuring Business Continuity Plan and Sarbanes-Oxley (SOX) compliance, separation of Finance Business Unit duties, and exposure to cross-functional areas of expertise. 

Essential Functions:

• Collects data and documents required to process bills timely, and understands the importance of accurate transaction recording and how it financially affects the company

• Prepares journal entries and reconciliations, assuring month end deliverables are completed timely and approval controls are strictly adhered to
• Places stop payments, void checks, and prepare wire, ACH, and internal funds transfers
• Ensures accurate and timely AP vendor entry and updating, including obtaining and cataloging Forms W-9 and maintaining vendor records in accordance with procedures
• Prepares reporting and files to accurately transmit IRS Forms 1099-MISC and Form 1096 files to third party service provider
• Maintains ownership of filing, maintenance and retention of current and historical AP records
• Preserves ledger consistencies (i.e.: posting schedule, descriptions, numbering syntax) with flexibility for efficiency enhancement (i.e.: consolidated entries, pre-defined distributions)
• Assists with preparation and maintenance of AP reporting of fixed and variable costs, and recurring analysis of expenditure metrics to ensure consistent recurring vendor remittances
• Presents enhancements to the AP process to Manager, through workflow streamlining, reference material organization, collaboration with colleagues and thinking outside the box
• Completes special projects assigned by immediate Manager, Directors and Business Unit Executives
• Other duties as assigned

Minimum Education and Experience:

• Associate’s degree in Accounting or Finance required, Bachelor’s degree preferred
• Relative career experience processing AP invoices is required
• Four (4) years of related Accounting/Finance experience in a broad AP role, wherein operational controls restricted workflows in a SOX compliant environment
• Intermediate level expertise with Microsoft Office P