Flexent Accounting Specialist

Chesapeake Bank - Flexent

Join Our Team as the Flexent Accounting Specialist!

Salary Range: $49,800 - $74,800

Some people see a spreadsheet and see rows and columns.

You see opportunity.

You ask questions others don't think to ask. You enjoy connecting the dots, solving complex challenges, and helping leaders make informed decisions. You're naturally curious, exceptionally organized, and the person others rely on when accuracy matters.

If that sounds like you, keep reading.

At Chesapeake, we believe work should be meaningful, relationships should matter, and success is something you build together. We're looking for a financial professional who wants more than a routine desk job. This is an opportunity to become a trusted business partner, influence important decisions, and play a key role in a growing and dynamic division.

You'll Love This Role If You...

• Enjoy being the person others turn to for answers.
• Like balancing analysis with relationship-building.
• Thrive when every day brings a new challenge.
• Want your expertise to have a visible impact.
• Appreciate a workplace where collaboration beats bureaucracy.
• Are energized by solving problems and finding solutions.
• Take pride in being proactive, dependable, and detail-oriented.

Why Chesapeake?

• A community-focused organization with a forward-thinking mindset.
• Leadership that values initiative, ideas, and continuous improvement.
• Opportunities to learn, grow, and expand your expertise.
• Competitive salary and comprehensive benefits package.
• A culture built on teamwork, trust, and shared success.
• The chance to make a significant impact within a dynamic organization.

We're looking for someone who enjoys thinking critically, adapting to change, and making a difference. Someone who is ready to bring fresh ideas, a strong work ethic, and a passion for excellence to a team that genuinely enjoys working together.

If you're ready for a career where your work matters, your growth is encouraged, and your impact is felt every day, apply now and join us in making a difference. Want to read more about why you should join the team? Click the link below:

Top 10 Reason You Should Explore a Career with Chesapeake Bank

Apply today and discover what it's like to do great work the Chesapeake Way.

Summary:

Responsible for financial accounting, risk management and reporting for the Flexent Department and assisting the Administration & Underwriter with the underwriting. Understand the role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes

Responsibilities:

• Perform the initial financial review of potential new clients for Flexent and Flexent ABL
• Manage the underwriting process for the annual renewals for existing Flexent and Flexent ABL clients including financial review, credit checks, due diligence and Approval Memorandum preparation
• Prepare and/or review presentations for the President of Flexent for approval to the appropriate committee as well as presentation to the appropriate approval committee when needed
• Work closely with the Administration and Underwriting Officer/President of Flexent on any problem facility and work-outs including communication with the bank’s counsel, providing the support and documentation needed and tracking and maintaining information ongoing until the problem is resolved
• Review client contracts, or renewals of contracts, for compliance with Flexent policies and procedures
• Review and approval of quarterly financials for all Flexent Clients including tracking financial information and ratios, recording explanations of any financial concerns and identifying any potential areas of risk
• Performs financial analysis on prospective and existing Flexent clients
• Preparation & monitoring of Account Debtor concentrations for individual clients’ account debtor and portfolio-wide limits
• Prepare quarterly concentration report for presentation to board
• Management & preparation of the monthly reports presented to the Flexent Board Committee
• Management & preparation of the Flexent Problem Report for any facility on the Watch List
• Management & preparation of the Impairment Analysis, if needed, for Flexent clients on the Watch List risk rated CF5 or above
• Management of performing analysis of dilutions, cross aging and other credit risks
• Management and performance of the Field Audit process for Flexent and Flexent ABL clients
• Monitoring the Asset Based Lending portfolio to validate collateral and report deficiencies to the Operations Manager or the President of Flexent
• Assist in monitoring collateral and financial reporting to ensure compliance for Asset Based Lending clients
• Manage Asset Based Lending clients operational and support issues as needed
• Prepare accounting information needed by Bank Administration department
• Manage process and provide information to internal auditors, examiners and regulators
• Other duties as assigned

Requirements:

• College Degree in Business or equivalent experience/education
• 3+ years’ experience in Accounting or Finance
• Good understanding of computers and the internet
• Excellent communication skills
• Strong attention to detail
• Problem solving skills
• Ability to multi-task and the ability to be flexible as priorities fluctuate
• Strong focus on customer service and satisfaction

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