Accountant I - Accounts Payable

Posted 2 Days Ago
Be an Early Applicant
Cincinnati, OH, USA
In-Office
Entry level
Fintech
The Role
Maintain and reconcile assigned accounting records, prepare daily entries, support month-end close and financial reporting, and ensure compliance with Bancorp policies and GAAP. Coordinate with other departments, respond to auditors and management inquiries, and support process improvements and special projects.
Summary Generated by Built In

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GENERAL FUNCTION:

Assumes a shared responsibility and accountability for developing and maintaining accurate and detailed accounting records and responsible for preparing financial statements and reports. Reviews, monitors, reconciles, and reports on all accounts for the department. Plays an active 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 maintains all assigned accounting records and performs all related accounting functions.
  • Preparation of daily entries and monitoring of accounts.
  • Maintains account balances.
  • Identifies opportunities to improve the accounting processes and plays a key role in the integration of new accounting systems.
  • Ensures compliance with Bancorp accounting policies and Generally Accepted Accounting Principles.
  • Reconciliation and resolution of outages from complex accounts.
  • Coordinates month end accounting activities with other departments, lines of business and affiliates.
  • Ensures that all accounting entries and reports are completed on a timely and accurate basis.
  • Ensures completeness and accuracy of all account reconciliations.
  • Ensures that all entries are made in accordance with Bancorp accounting policies and Generally Accepted Accounting Principles.
  • Responsible for developing and maintaining appropriate business relationships with internal and external customers.
  • Assists in the preparation of various financial statements and monthly reporting.
  • Responds to inquiries from management, auditors and other authorities regarding the accounting issues, data in reports and financial statements issued by the department, policies, and procedures.
  • Responsible for assisting in performing various special projects as assigned.

SUPERVISORY RESPONSIBILITIES:

None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • A Bachelor’s degree in Accounting, Finance or Economics. Working knowledge of GAAP is preferred. Working toward an Masters or other certification (CPA, CMA, etc.) is a plus.
  • Accounting related experience in financial industry or public accounting preferred.
  • Proficient in basic applications such as Excel, Microsoft Word, etc.
  • Demonstrated ability to learn and understand systems such as Recon-Plus, Frontier, Mobius, & TM1.
  • Excellent communication, organization and follow-up skills.
  • Strong analytical, verbal and written communication skills.
  • Excellent people/relationship building skills.
  • Ability to apply critical thought process

Accountant I - Accounts Payable

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. 

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

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.

Skills Required

  • Bachelor's degree in Accounting, Finance or Economics
  • Working knowledge of GAAP
  • Proficient in Excel and Microsoft Word
  • Demonstrated ability to learn and use Recon-Plus, Frontier, Mobius, and TM1
  • Accounting related experience in financial industry or public accounting
  • Excellent communication, organization, and follow-up skills
  • Strong analytical, verbal and written communication skills
  • Excellent people and relationship building skills
  • Ability to apply critical thought process
  • Working toward a Masters or professional certification (CPA, CMA, etc.)

Fifth Third Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fifth Third Bank and has not been reviewed or approved by Fifth Third Bank.

  • Retirement Support A 401(k) company match, an employee stock purchase plan, and financial coaching are included. These offerings are characterized as a strong pillar of the overall package.
  • Leave & Time Off Breadth Paid time off, holidays, sick time, paid volunteer hours, and time for medical appointments are provided, with accrual increasing with tenure. Generous PTO and leave options are presented as standout elements.
  • Parental & Family Support Paid parental bonding leave and adoption assistance are offered, with additional family supports referenced. These benefits strengthen the package for employees with caregiving needs.

Fifth Third Bank Insights

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The Company
HQ: Cincinnati, OH
20,258 Employees
Year Founded: 1858

What We Do

At Fifth Third Bank, we are always listening to new ideas so that we can strengthen our commitment to you and the communities we serve.

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