Accounting Manager II

Reposted 21 Days Ago
Be an Early Applicant
Cincinnati, OH, USA
In-Office
Senior level
Fintech
The Role
The Accounting Manager I oversees accounting projects, manages records, prepares financial statements, ensures compliance with accounting principles, and supervises team performance to enhance efficiency and process improvement.
Summary Generated by Built In

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Position not available for immigration sponsorship

GENERAL FUNCTION:

Manages complex assignments involving accounting projects. Assumes responsibility and accountability for developing and maintaining accurate and detailed accounting records and responsible for preparing financial statements and reports. Interacts with affiliate and division management and financial departments to ensure the achievement of Bancorp objectives. 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:

  • Supervises the maintenance of complex accounting records and performance of all related accounting functions.
  • Oversees preparation of daily entries, monitoring of accounts, and maintenance of account balances.
  • Oversees preparation of monthly financial statements.
  • Ensures compliance with Bancorp accounting policies and Generally Accepted Accounting Principles.
  • Ensures reconciliation and resolution of outages from accounts.
  • Ensures the proper documentation of all transactions and G/L entries.
  • Ensures standardization or recurring and common entries across all affiliates and divisions.
  • Responsible for assisting in the development and maintenance of Bancorp accounting policies and procedures.
  • Ensures that Bancorp accounting policies are developed, maintained and updated in accordance with Generally Accepted Accounting Principles.
  • Ensures that policies are properly documented and maintained in a clear and concise manner.
  • Analyzes and directs the implementation of new accounting standards and rules.
  • Ensures that all policies and procedures are fairly applied to all areas of the Bank on a consistent and ongoing basis.
  • Responsible for performing complex special accounting projects.
  • Optimizing the application of Generally Accepted Accounting Principles.
  • Continuous Improvement: Continuously searches for process improvements within our organization in an effort to automate and simplify.
  • Leverages technology to enhance efficiency and productivity.
  • Identifies opportunities to improve the accounting processes and plays a key role in the integration of a new accounting system.
  • Coordinates month end accounting activities with other departments, divisions and affiliates.
  • Ensures that all accounting entries and reports are completed on a timely and accurate basis in accordance with Bancorp accounting policies and Generally Accepted Accounting Principles.
  • Ensures the completion and accuracy of all account reconciliations.
  • Responsible for developing and maintaining appropriate business relationships with internal and external customers.
  • Manages department resources and budget: Manages the staffing, performance plans and salary administration for the department employees.
  • Allocates and reviews work, provides training, works with staff to set and achieve objectives, and guides and advises subordinates for individual development.
  • Motivates the employees in the area through decisions regarding pay, placement, and promotions.
  • Measures the department’s employees by establishing performance standards and comparing actual performance against those standards.
  • Responsible for assisting in the development and maintenance of the Bancorp's accounting information and input into the financial systems.
  • Responsible for G/L account setup and maintenance.

SUPERVISORY RESPONSIBILITIES:

Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Bachelor’s Degree in Accounting, Finance or Economics required.
  • MBA and or other certification (CPA, CMA, etc.) required.
  • Minimum of 7 years of accounting related experience. Banking or public accounting experience a plus.
  • Previous supervisory experience required.
  • Proficient in advanced spreadsheet applications such as Microsoft Excel, Word, etc.
  • Demonstrate ability to learn and understand Bancorp mainframe systems such as Frontier, Mobius, Business Objects and TM1.
  • Excellent communications, organization and follow up skills.
  • Excellent people/relationship building skills.
  • Strong analytical, verbal and written communication skills.
  • Ability to apply critical thought process.
  • Capable of prioritizing and organizing work to meet deadlines.
  • Ability to communicate clearly & concisely with other managers and department leaders as well as senior management & executive leaders.
Accounting Manager II

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. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

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
  • MBA and or other certification (CPA, CMA, etc.)
  • Minimum of 7 years of accounting related experience
  • Previous supervisory experience
  • Proficient in advanced spreadsheet applications such as Microsoft Excel, Word, 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.

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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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