Fifth Third Bank

Senior Accountant I

Posted 5 Days Ago

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Cincinnati, Center, IN

Senior level

Fintech

The Role

The Senior Accountant I is responsible for overseeing accounting projects, maintaining accurate records, preparing financial reports, and guiding less experienced staff. This role involves month-end closing, compliance with accounting principles, and identifying process improvement opportunities. It also requires coordination with various departments and maintaining business relationships to ensure effective financial reporting and operational efficiency.

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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 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.

Senior Accountant ILOCATION -- 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.