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Accountant III (Fifth Third Bank)

Fifth Third BankCompany Name: Fifth Third Bank
Job Title: Accountant III
Department: Assigned as needed

Job Code: 11-071

GENERAL FUNCTION:
Conducts complex assignments involving accounting projects. Provides training and guidance to less experienced staff. Assumes responsibility and accountability for developing and maintaining accurate and detailed accounting records and responsible for preparing financial statements and reports. Plays key role in the month end closing duties and reporting.

ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Accurately maintains complex accounting records and performs all related accounting functions.
    • Oversees preparation of daily entries and monitoring of accounts. Maintains account balances.
    • Oversees preparation of monthly financial statements where applicable.
    • Maintains current accounting policies and practices.
    • Ensures compliance with Generally Accepted Accounting Principles.
    • Reconciliation and resolution of outages from complex accounts.
  • Responsible for assisting in 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.
  • Provides training and guidance to less experienced accountants.
    • Allocates work and reviews work of less experienced staff accountants.
    • Works with staff accountants to set and achieve department objectives.
    • Guides and advises subordinates.
    • Develops cross training programs and ensures the adequate delegation of duties and responsibilities.
    • Resolves routine personnel issues.
  • Responsible for assisting in the development and maintenance of the Bancorp’s accounting information and input into the financial systems.
    • Responsible for assisting in G/L account setup and maintenance.
    • Responsible for assisting in the development and implementation of G/L accounting and reporting changes.
    • Responsible for daily G/L uploads and ensuring the operational effectiveness of the system.
  • Prepares various complex financial statements and monthly reports.
    • Daily, monthly, and quarterly financial statements
    • Assists examiners in carrying out examinations of the Bancorp (Audit, Government, etc.)
  • Responds to inquiries from management, auditors and other authorities regarding the accounting issues, data in reports and financial statements issued by the department, policies, and procedures.

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:
Education: Bachelor’s Degree in Accounting, Finance or Economics required.

Certification: Obtained or working towards CPA, MBA, CMA or other related certification preferred.

Experience: Years – Minimum of 4 years of accounting related experience. Industry – Banking or accounting related experience required.

Computer/Technical: Proficient in advanced spreadsheet applications such as Excel, Microsoft Word, etc. Demonstrate ability to learn and understand mainframe systems such as Recon-Plus, Mobius, Raft, Falcon, and Vector 4 & 5.

Other Skills: Excellent communications, organization and follow up skills Excellent people/relationship building skills

WORKING CONDITIONS:

  • Normal office environment with little exposure to dust, noise, temperature and the like.
  • Extended viewing of CRT screen.


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