Senior Tax Analyst I

Fifth Third Bank, N.A.; Cincinnati (OH); On-site; USD 70,000 - 95,000; Full time

Job summary

Fifth Third Bank, N.A. in Cincinnati, OH seeks a Senior Tax Analyst I to prepare federal and state income tax returns and assist with tax provisions. This role supports multiple Fifth Third Bancorp entities and interfaces with accounting and finance teams.

The position requires a Bachelor's in accounting or finance, 1 year of tax co-op/internship, and strong MS Office skills. CPA/MBA in progress is a plus, with no immigration sponsorship for this posting.

Qualifications

• Bachelor's degree in accounting or finance is required.
• CPA or MBA in progress is a plus.
• 1 year of co-op or internship tax experience preferred.
• Proficiency with Microsoft Office applications (Word, Excel, PowerPoint, Access).
• Familiarity with tax return software (CorpTax) is helpful.
• Strong analytical, verbal and written communication skills.
• Ability to work independently and in a team.

Responsibilities

• Prepare federal income tax returns in a timely and accurate manner.
• Prepare state income and franchise tax returns in a timely and accurate manner.
• Gather and analyze data to calculate tax returns and estimated tax payments.
• Process check and EFT requests for tax payments.
• Collaborate with accounting, finance and business units for tax information.
• Assist with monthly review of tax provisions.
• Analyze state franchise tax accruals and prepare entries.
• Maintain deferred tax balances for financial statements.
• Oversee recording of tax accounting entries and reconcile GL tax accounts.
• Research tax law areas and corporate tax issues for filings and audits.
• Assist with Information Document Requests for federal and state audits.

Skills

Analytical ability

Verbal communication

Written communication

Team player

Problem solving

Education

Bachelor's degree in accounting or finance

CPA or MBA in progress

Tools

Microsoft Office

CorpTax

Job description

Cincinnati, OH

Full time

R71734

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:Under general supervision, responsibilities include the preparation of the Federal and State returns and estimated payments. Serve as tax support to the Fifth Third Bancorp entities to meet the information needs required to sustain growth.

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 & RESPONSIBILITIES:

• Responsible for the completion of timely and accurate Federal income tax returns.

• Responsible for the completion of timely and accurate State income and franchise returns.

• Retrieve and assimilate data necessary to calculate tax returns and estimated tax payments.

• Initiates check and EFT requests to prompt payment to appropriate jurisdiction.

• Interacts with accounting, finance, and line of business personnel on a continual basis for information relating to the above.

• Assist with the monthly review of the federal and state income tax provision entry.

• Analyze state franchise tax accruals and prepare required entry.

• Calculate and maintain the deferred income tax balances and taxes for inclusion in published financial statements.

• Oversee the recording of tax accounting entries.

• Validate and reconcile general ledger tax accounts monthly.

• Research areas of tax law as appropriate including analysis of the data related to the issue.

• Research corporate tax issues of law raised during the return preparation, both Federal and State.

• Research corporate tax issues of law raised during tax audits, both Federal and State.

• Provide assistance with answering Information Document Requests for both federal and state audits.

  SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Education: Bachelor's degree in accounting or finance.

• Certification: Working toward CPA or MBA.

• Experience: At least 1 year prior co-op or internship experience in tax, prior public or industry accounting experience preferred.

• Computer/Technical: Proficiency with Microsoft Office software including Word, Excel, Access, Power Point.

• Understanding of tax return preparation software (preferably CorpTax) helpful.

• This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from staff to more senior management.

• Ability to work both individually and as a team member.

• Ability to work in professional and dynamic environment.

• Demonstrate sound judgment as well as apply logical/critical thought process.

#LI-BP1

Senior Tax Analyst I

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.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.