Accounting Manager II

3 weeks ago

Cincinnati, United States Fifth Third Full time

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.

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.

#LI-BP1

Accounting Manager II LOCATION -- 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.

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