Accounting Policy Senior Analyst

Company: Fifth Third Bank
Location: Cincinnati
Posted on: June 1, 2025

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 for establishing and maintaining Bancorp accounting policies and procedures, monitoring emerging accounting issues and standards, interpreting and overseeing the implementation of newly issued accounting standards, formally communicating significant policy or procedural changes across the Bancorp, consulting with Accounting and Finance teams on technical accounting topics, as well as representing Accounting Risk & Policy/External Reporting on various Bancorp accounting/finance initiatives and special projects.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 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, maintained in a clear and concise manner, and reflect current accounting processes.
• 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 Accounting Risk and Policy Manager, Director of Accounting Risk and Policy, Director of External Reporting and Assistant Controller.
  • 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 Accounting and Finance teams on technical accounting topics:
      • Proactively engage accounting and 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.SUPERVISORY RESPONSIBILITIES:None.MINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
        • Education: Bachelor's Degree in Accounting.
        • Certification: CPA or equivalent certification required.
        • Experience: Years - Minimum of five years of accounting-related experience; research experience preferred.
        • Industry - Public accounting for SEC registrants or comparable technical accounting or financial reporting experience required. Banking experience preferred.
        • Computer/Technical: Proficient in advanced spreadsheet applications such as Excel, Microsoft Word, etc. Experience with Workday Financial Management and/or Workiva Wdesk a plus.
        • Other Skills: Excellent analytical, leadership, team building, communication and interpersonal skills.
        • Experience with accounting topics and auditing standards, SEC reporting, and project management.#LI-BP1Accounting Policy Senior AnalystLOCATION -- 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.

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