Cost accounting manager Jobs in Minneapolis, MN

The Accounting Manager is responsible for leading the Banking as a Service (BaaS / Fintech) Accounting Operations team including completion of related Accounting team projects, detailed review and problem resolution related to the invoicing process for BaaS arrangements, and tracking contract requirements related to accounting for FinTech partners. This role will also oversee the BaaS reconciliation process and develop and maintain related accounting principles, practices, and procedures.

Fintech Partner Support

• Owning and understanding the reconciliation infrastructure of each Fintech Program within the BlackLine platform.
• Creating and maintaining Fintech process and funds flows.
• Monthly / quarterly Fintech Partner invoicing.
• Partnering with IT on data completeness checks and assisting in resolving missing data files with Fintech Partners.
• Overhaul of processes to incorporate the newly created enterprise data lake. This includes but is not limited to overhauling the existing invoice process to incorporate completeness checks to existing contracts as well as identification of new codes to monitor that billing is done appropriately, monitoring new data feed types to update matching rules as necessary, and ensure timely reconciliation and any potential settlements with the Partner.
• Create, establish processes around, and maintain a "reconciliation health board" that allows leaders to actively assess and understand outstanding volumes, age of items, etc. as it pertains to each Partner / Program.
• Oversee the Monthly Health Reporting of the reconciliation and invoice related inputs, providing transparency around status of the reconciliation function to leaders and Partners. Establish additional KRIs to be included.
• Support the Assistant Controller in the management of Fintech Partner relationships, creating strong partnerships to allow for timely resolution of identified issues and foster an environment of collaboration among parties. Be a trusted resource to internal and external stakeholders, providing suggestions and feedback on changed and / or new products.
• Lead quarterly data audits to ensure all transactions are being reconciled / matched timely, nothing is incorrectly being "filtered" out from reconciliation (i.e., true reconciliation of 100% of transactions), and review manually matched transactions to identify opportunities to streamline / automate by partnering with teams owning upstream processes.
• Hold teams accountable for established matching turnaround timelines based on transaction types.

Accounting Operations

Leadership

Qualifications

Choice is #PeopleFirst, banking second.

People don't need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.

The base salary for this role will begin at $82,900 and up to $124,340 Annually. This pay range is posted to comply with wage transparency laws. The base salary may vary based on skill, ability, knowledge, experience and geographic location. Full time employees are also eligible for a competitive bonus and benefits package. Check out bankwithchoice.com / careers for an outline of current benefit offerings.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)