Senior Accounting Manager - Payroll and Benefits

Fifth Third Bank

  • Cincinnati, OH
  • Permanent
  • Full-time
  • 1 month ago
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.Business supported - GENERAL FUNCTION:Experienced manager with primary responsibility for the management of one or more functional accounting teams (functional accounting teams may include LOB accounting, Shared Services, etc). Additionally responsible for managing assignments involving accounting projects, providing oversight in the development and maintenance of accurate and detailed accounting records, and preparation of financial statements and specialized reports.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:
  • Manages team(s) to ensure the effective completion of the team’s operational objectives.
  • Benchmarks the performance of team against established targeted proficiency levels.
  • Measures the team’s employees by establishing performance standards and comparing actual performance against those standards.
  • Manages the staffing, performance plans and salary administration for the team’s employees.
  • Manages the maintenance of complex accounting records and the performance of all related accounting functions for the team.
  • Responsible for ensuring the team’s compliance with established schedules/operational objectives that are associated with the month-end closing process.
  • Responsible for the preparation of various management reporting associated with the team’s responsibilities (appropriation reporting, T&E reporting, OTTI reporting, etc.).
  • Manages the preparation of daily entries, monitoring of accounts, and maintenance of account balances.
  • Manages the preparation of monthly financial statements.
  • Ensures the team’s compliance with the Bancorp financial controls policies including reconciliations.
  • Promotes continuous improvement.
  • Continuously searches for process improvements to be leveraged by the team.
  • Leverages technology to enhance efficiency and productivity.
  • Identifies opportunities to improve the accounting processes.
  • Responsible for identifying technical accounting issues in the team’s area of responsibility, ensuring that the appropriate resources in the Accounting Risk and Policy Group are consulted and ultimately ensuring that all such issues are resolved in a timely fashion.
  • Responsible for performing special accounting projects associated with the team’s responsibilities.
  • Responsible for managing team assignments associated with Bancorp acquisitions, divestitures and systems conversions.
  • Responsible for responding to inquiries from auditors, regulators and management associated with subject matters related to their team’s area of responsibility.
  • Establishes & fosters working relationships with peers and management within customer and functional areas including LOBs and Bancorp Finance.
SUPERVISORY RESPONSIBILITIES:Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and providing 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. Directly manages accounting staff and/or accounting managers and supervisorsMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Bachelor’s Degree in Accounting, Finance or Economics required. MBA and or other certification (CPA, CMA, etc.) strongly preferred.
  • Minimum of 10 years accounting or related experience. Banking or Public Accounting experience a plus.
  • Previous Management experience required.
  • Proficient in advanced spreadsheet applications.
  • Demonstrates ability to learn and understand financial systems such as TM1, Managed Pay, GEAC and Frontier.
  • Demonstrates the Fifth Third Leadership Competencies of Strategic Agility, Change Leadership, Talent Optimization and Community Involvement.
  • Considered a subject matter expert.
  • Strong communicational skills including the ability to communicate both to superiors and subordinates in an effective manner.
  • Has in-depth functional expertise and broad business knowledge.
#LI-BP1Senior Accounting Manager - Payroll and BenefitsLOCATION -- Cincinnati, Ohio 45202Fifth 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.

Fifth Third Bank