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GENERAL FUNCTION: Conducts assignments involving accounting projects. Provides guidance to less experienced staff. Assumes responsibility and accountability for developing and maintaining accurate and detailed accounting records. Prepares financial reports. Plays key role in the month-end closing duties and reporting.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Accurately maintain accounting records and perform all related accounting functions.
- Prepare some daily entries while overseeing preparation of other entries.
- Monitor accounts and maintain account balances.
- Maintain current accounting policies and practices.
- Facilitate compliance with Generally Accepted Accounting Principles.
- Reconcile and resolve outages from complex accounts.
- Responsible for special accounting projects and complex assignments.
- Optimize the application of Generally Accepted Accounting Principles.
- Identify process improvement opportunities and develop/implement initiatives to automate and simplify.
- Leverage technology to enhance efficiency and productivity.
- Facilitate integration of new applications and accounting systems.
- Coordinate month-end accounting activities with other departments, divisions, and affiliates.
- Complete all accounting entries in a timely and accurate manner and in accordance with Bancorp accounting policies and Generally Accepted Accounting Principles.
- Prepare all account reconciliations in a timely and accurate manner and in accordance with Bancorp accounting policies.
- Develop and maintain appropriate business relationships with internal and external customers.
- Provide guidance to less experienced members of accounting staff.
- Allocate work and review work of less experienced staff accountants.
- Work with staff accountants to set and achieve department objectives.
- Guide and advise less experienced staff accountants.
- Develop cross-training programs and facilitate delegation of duties and responsibilities.
- Assist in the development and maintenance of the Bancorp’s accounting information and input into financial systems.
- Responsible for daily G/L entries and uploads and ensuring the operational effectiveness of the system.
- Prepare various daily, monthly, and quarterly reports and statements.
- Respond to inquiries from management, auditors, and others regarding accounting issues, financial data, and financial statements issued by the department.
- Coordinate efforts with examiners as they carry out examinations of the Bancorp (Audit, Government, etc.).
- As needed, informally lead more junior accountants and workflow items & projects.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
- Bachelor’s Degree in Accounting, Finance, or Economics required.
- Masters Degree or other certification (CPA, CMA, etc.) preferred.
- Minimum of 3 years of accounting-related experience. Industry or public related experience required.
- Working knowledge of GAAP required.
- Proficient in advanced spreadsheet applications such as Excel, Microsoft Word, etc.
- Demonstrate ability to learn and understand Bancorp systems such as Mobius, Frontier, Raft & TM1.
- Excellent verbal and written communication skills, including organization and follow-up skills.
- Excellent people/relationship building skills.
- Strong analytical skills.
- Ability to apply critical thought process.
- Ability to communicate clearly & concisely with other Finance Staff, managers, and department leaders.
- May also interact with senior management & executive leaders.
Senior Accountant I
LOCATION -- Cincinnati, Ohio 45202
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other legally protected status.
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