Job Description – Overview & Classification

Job Family Group:   Finance

Job Family: Accounting Services (Merchant & Settlement)

Job Profile: Manager Accounting Services

Business Unit: Finance
Cost Center: Accounting & Financial Reporting

Posting Title:   Accounting Manager – Credit Card Lending                   

Job Level:                    Manager

Management Level:     Manager

Reporting To: VP Settlement Accounting & Financial Reporting

Direct Reports: (3)

[HR Use Only]

FLSA Status:                Exempt

Pay Type:                    Salary  

EEO Category:             First/Mid-Level Officials and Managers  

Job Description & Posting Content

Position Summary and Role Impact:
The Accounting Manager – Credit Card Lending is responsible for leading a team responsible for the accounting and financial reporting for the credit card portfolio, including Merrick owned card portfolios and Merrick originated credit card loans with strategic 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 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 Flow Lending portfolio.

Essential Functions:   

• Lead accounting and financial reporting for the Credit Card Lending portfolio, including loan balances, interest income, fees, charge-off and recoveries.

• 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 for Success:

Education & Experience

Required:

·         5+ 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:

·         Bachelor’s degree in Accounting, Finance, or a related field; or an Associate’s degree with significant relevant accounting experience; or equivalent progressive accounting experience preferred.

·         2+ years of direct people management experience

·         Experience with loan accounting, credit card lending, or consumer finance portfolios

·         Experience in subledger-driven or high-volume accounting environments

·         Experience with credit card charge-offs and recovery activities.  

·         Experience improving close processes, reconciliation efficiency, or reporting accuracy

·         Background in financial services, credit card, banking, or lending organizations

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Knowledge, Skills and Capabilities:

·         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 with Laws & Regulations

• 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.

Work Environment/Physical Demands:

·         This position is hybrid, with an expectation of approximately 2–3 days onsite per week, depending on business needs.

·         Work is performed in an office environment and requires prolonged periods of sitting and working on a computer.

·         Some stress may occur due to deadlines and reporting cycles.

·         Travel is generally not required.

Disclosures and Acknowledgement

(ALL)

General Disclosure:

The above statements reflect the general information considered necessary to describe the principal functions of the job and should not be considered as a detailed description of all work requirements that may be inherent to the position. In addition, the incumbent may be called upon to personally handle projects or assignments not usually related to the position’s day-to-day activities. Understand and comply with laws and regulations that are applicable to my job function. Understand and comply with company policies and procedures that are applicable to my job function.

[Internal Use Only]

I have read and acknowledge the mandate outlined within, specific to my role/job duties:

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