Fifth Third Bancorp

Accounting Manager II

Fifth Third Bancorp$88K — $105K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance or Economics required.
  • MBA or additional certification (CPA, CMA, etc.) required.
  • Minimum of 7 years of accounting experience, preferably in banking or public accounting.
  • Previous supervisory experience is essential.
  • Proficient in advanced spreadsheet applications, especially Microsoft Excel.

Responsibilities

  • Supervise maintenance of complex accounting records and related functions.
  • Oversee preparation of daily entries, account monitoring, and balance maintenance.
  • Ensure compliance with accounting policies and principles while preparing monthly financial statements.
  • Manage resolution of account outages and ensure thorough documentation of transactions.
  • Analyze and implement new accounting standards and oversee policy documentation.

Benefits

  • Comprehensive benefits programs for physical, financial, emotional, and social well-being.
  • Encouragement for individual career development and growth opportunities.
  • Incentive compensation plan based on performance.
  • Recognition of employee contributions to customer, community, and organizational success.
Full Job Description
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 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.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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