Senior Accountant I

Posted 3 Days Ago
Be an Early Applicant
Cincinnati, OH, USA
In-Office
Senior level
Fintech
The Role
Maintain accurate accounting records, prepare daily and month-end entries, reconciliations, and financial reports; ensure GAAP compliance; support regulatory reporting and audits; lead special accounting projects, system integrations, process improvements, and mentor junior staff.
Summary Generated by Built In

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

Position not available for immigration sponsorship.

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 performs all related accounting functions.
  • Prepares some daily entries while overseeing preparation of other entries.
  • Monitors accounts and maintains account balances.
  • Maintains current accounting policies and practices.
  • Facilitates compliance with Generally Accepted Accounting Principles.
  • Reconciliation and resolution of outages from complex accounts.
  • Responsible for special accounting projects and complex assignments.
  • Optimizing the application of Generally Accepted Accounting Principles.
  • Continuous Improvement.
  • Identify process improvement opportunities and develop/implement initiatives to automate and simplify.
  • Leverage technology to enhance efficiency and productivity.
  • Identify opportunities to improve the accounting processes.
  • 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.
  • Allocates work and reviews work of less experienced staff accountants.
  • Works with staff accountants to set and achieve department objectives.
  • Guides and advises less experienced staff accountants.
  • Develops cross training programs and facilitates 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.
  • Prepares various daily, monthly and quarterly reports and statements.
  • Regulatory, compliance and financial reporting.
  • Responds 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.

#LI-BP1

Senior Accountant I

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
  • Minimum of 3 years of accounting-related experience (industry or public)
  • Working knowledge of Generally Accepted Accounting Principles (GAAP)
  • Proficient in advanced spreadsheet applications such as Excel
  • Proficient in Microsoft Word
  • Demonstrated ability to learn and understand Bancorp systems such as Mobius, Frontier, Raft & TM1
  • Experience with account reconciliations, month-end close, regulatory and financial reporting
  • Strong analytical, communication, organization, and relationship-building skills
  • Master's degree 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.

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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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