Fixed Asset Accounting Manager

Fifth Third Bank

Cincinnati (OH)

On-site

USD 85,000 - 125,000

Full time

14 days+

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Job summary

Fifth Third Bank in Cincinnati, OH seeks a Fixed Asset Accounting Manager to supervise the department, oversee month-end close, and ensure GAAP-compliant reporting. You will mentor staff, set objectives, and drive process improvements across reporting efforts.

The role requires 5+ years in accounting, a Bachelor's in accounting/finance/economics, and strong Excel plus Bancorp system knowledge. MBA/CPA/CMA is a plus; salary reflects bank-wide pay bands and location.

Qualifications

  • Bachelor's degree in Accounting, Finance or Economics; MBA/CPA/CMA preferred.
  • At least 5 years of related accounting experience; banking experience preferred.
  • Demonstrated supervisory experience and leadership capability.
  • Strong Excel and MS Office skills with analytical aptitude.

Responsibilities

  • Directly supervise department personnel and allocate work.
  • Provide performance feedback, appraisals, and salary guidance.
  • Lead process improvements and reporting enhancements.
  • Ensure month-end close and GAAP compliance.
  • Maintain internal customer relationships and reporting accuracy.

Skills

Excel
Communication
Analytical
Leadership
Time management

Education

Bachelor's degree in Accounting/Finance/Economics
MBA or CPA/CMA preferred

Tools

Mobius
Frontier
Raft
TM1

Job description

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. _

GENERAL FUNCTION:

Responsible and accountable for the daily supervision and administration of the specific department. May also be involved in various aspects of the general accounting area with various direct reporting and back up responsibilities. Provides leadership and guidance to working group on accounting related projects and initiatives.

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:
  • Directly supervises the employee(s) in the specific department.
  • Makes recommendations regarding employment, performance ratings, and salary increases.
  • Prepares and gives performance appraisals on a timely basis.
  • Allocates work, reviews work, provides training, guides development, works with staff to set and achieve objectives, and guides and advises subordinates.
  • Resolves routine personnel issues.
  • Interviews for any staffing needs and/or replacements.
  • Identifies and implements process improvement opportunities.
  • Works with department, affiliate or lines of business for reporting enhancements.
  • Researches and develops new / improved reporting enhancements for better management analysis.
  • Implements reporting and functional enhancements in a timely manner.
  • Ensures all Department policies and procedures are developed, documented and maintained in accordance with Generally Accepted Accounting Principles. Supervises staff in the completion of month end-responsibilities including preparation and execution of monthly entries, variance analysis, reconciliation and report preparation.
  • Responsible for all accounting and bookkeeping aspects of the specific general accounting area: balancing, reconciliation, accruals, amortization, etc. in support of affiliate and line of business finance staff. Responsible for report preparation from this accounting information.
  • Establishes customer contact and maintains relationships with internal customers (generally, affiliate and line of business finance staff). Monitors contractual obligations, expense allocations, etc., along with maintenance and interfacing.
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 for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • Requires a Bachelor’s degree in Accounting, Finance or Economics. MBA and /or other certification (CPA, CMA, etc. strongly preferred).
  • Minimum of 5 years of related industry or public accounting experience required. Banking or financial services related experience preferred.
  • Supervisory experience preferred.
  • 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 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

Fixed Asset Accounting Manager

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

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.

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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