Accounting Associate

Why Work for Quontic?

Quontic Bank is a CDFI federally chartered digital community bank. We have a customer-centric culture built around helping our customers and giving back to local communities. We're making homeownership simpler, faster, and most importantly, more accessible for all communities across the United States.

Who We Are

Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic's mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.

What We Live By

Whatever your role, we are bound by a spirit of collective commitment and excellence in all aspects of our work. As an employee of Quontic, the importance of your contributions cannot be overstated. You are an important part of our team!

Your Primary Responsibilities Include:

The Accounting Associate is responsible for the regular review, analysis, and reconciliation of general ledger accounts, ensuring compliance standards are met. They utilize software to maintain and track companywide reconciliation status and assist the Accounting Manager with account analysis related to monthly close procedures.

Job Responsibilities:

• Maintain a master list of monthly journal entries, creating recurring journal entry templates.
• Perform the daily Accounts Payable function, as well as the monthly Fixed Asset and Prepaid function, ensuring all new assets are properly classified and inputted and monthly depreciation is processed.
• Complete reconciliations for assigned general ledger accounts, ensuring accurate processing and posting of all account entries.
• Prepare month-end journal entries, reconcile general ledger accounts, and assist with general accounting functions.
• Review and analyze general ledger accounts, analyze, and interpret variances.
• Prepare work papers for internal and external audits.
• Maintain required records, reports, and files in an organized manner.
• Assist in performing financial and operational analyses with the goal of improving efficiency of operations, ensuring compliance with established accounting procedures.
• Perform special projects, and additional duties and responsibilities as required.

Education and Experience Requirements:

• Associate’s degree (or equivalent); OR high school diploma (or equivalent) plus two years of experience in functional area.

Additional Job Requirements:

• Familiarity with basic accounting principles and practices.
• Working knowledge of relevant state, federal, and local regulations.
• Familiarity with Microsoft Office 365 products and accounting software.
• Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.
• Analytical and problem-solving skills.
• Interpersonal and communication skills with the ability to speak confidently.
• An ability to thrive in a fast-paced environment where priorities change daily, and where employees wear many hats.
• Detail-oriented with the ability to think "outside the box" and prioritize tasks and decisions in a timely manner.
• Self-directed, yet effective working as part of a collaborative team.
• Responsive and customer-focused with a demonstrated use of professional judgment.

The above is merely a description. Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.

This role's annual base salary range is $59,000 - $75,000.

In addition to a fulfilling career, we offer competitive compensation and a comprehensive benefits package that can fuel your financial milestones & keep you well. Full time employees are eligible for:

• Health, Dental, Vision, & Life Insurance
• Financial Wellness Planning & Coaching
• Counseling Support Services & Resources
• Paid Parental Leave
• Pet Insurance
• 401K Match
• Employee Bank Accounts with Quontic
• Generous Paid Time Off