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Fifth Third Bank · 1 day ago

Accounting Risk and Policy Sr. Manager - Regulatory Reporting

Cincinnati, OH

Full-time

Onsite

Senior Level

7+ years exp

Fifth Third Bank is a financial institution that connects great people to great opportunities. The Accounting Risk and Policy Sr. Manager - Regulatory Reporting is responsible for establishing and maintaining accounting policies and procedures, monitoring emerging accounting issues, and representing Accounting Risk/External Reporting on various initiatives and projects.

BankingCommercial LendingFinanceFinancial ExchangesFinancial ServicesLendingMedia and EntertainmentMortgage

No H1B

Responsibilities

Responsible for the development and maintenance of Bancorp accounting policies and procedures

Ensure that Bancorp accounting policies and procedures are developed, maintained and updated in accordance with GAAP

Ensure that policies and procedures are properly documented and maintained in a clear and concise manner

Ensure that policy/procedural changes are clearly communicated to appropriate areas of the Bancorp on a proactive and timely basis

Responsible for monitoring emerging accounting issues and standards

Proactive monitoring of all emerging issues and assessing the implications to the Bancorp

Discuss implications to the Bancorp with the Director of Accounting Risk and Policy, Assistant Controller and Controller as well as external audit as necessary

Develop comment letters as appropriate

Responsible for interpreting newly issued standards and fully assessing their impact to the Bancorp

Coordinate implementation team ensuring that all relevant Bancorp departments are represented

Develop adoption implementation strategy and oversee its execution

Quantify current and expected financial statement impacts for communication to the Bancorp finance organization as well as the Audit Committee

Consult with Affiliate, centralized and LOB finance teams on technical accounting topics

Proactively engage finance teams to gain a full understanding of new/emerging business transactions

Develop and communicate technical accounting requirements and related financial statement impacts

Assist with transaction structures and drafting of contractual agreements in order to maximize the favorable economic impact to the Bancorp as well as ensure the alignment of transactional economics and GAAP requirements

Serve as the Bancorp's technical accounting subject-matter expert on various finance/accounting initiatives and special projects, including process improvements, merger and acquisition activity, etc. as well as serve differing roles on Bancorp committees

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

Qualification

CPAGAAPAccounting policiesAdvanced ExcelBanking experienceTeam buildingAnalytical skillsLeadership skillsCommunication skillsInterpersonal skills

Required

Bachelor's Degree in Accounting, Finance or Economics required

CPA Required

Minimum of 7-10 years of accounting related experience

Banking or accounting related experience required

Proficient in advanced spreadsheet applications such as Excel, Microsoft Word, etc

Excellent analytical, leadership, team building, communication and interpersonal skills

Experience with complex accounting topics and auditing standards, SEC reporting, project and personnel management, recruiting and training

Preferred

Supervisory experience preferred

Benefits

Comprehensive benefits

Incentive compensation plan

Extensive benefits programs

Company

Fifth Third Bank

Glassdoor3.7

Fifth Third Bancorp is a financial services company that specializes in small business, retail banking, and investments. It is a sub-organization of Fifth Third Bank.

Founded in 1858

Cincinnati, Ohio, USA

10001+ employees