Accounting Risk and Policy Sr. Manager

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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 Affiliate, centralized and LOB finance teams on technical accounting topics, as well as representing Accounting Risk/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 AND 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.

SUPERVISORY RESPONSIBILITIES:

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.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Education: Bachelor’s Degree in Accounting, Finance or Economics required.
• Certification: CPA, CRCM, or equivalent Required
• Minimum of 7-10 years of accounting related experience.
• Banking or accounting related experience required.
• Supervisory experience preferred.
• 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.

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Accounting Risk and Policy Sr. Manager

Total Base Pay Range 96,500.00 - 207,500.00 USD Annual

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 -- Virtual, Ohio 00000

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.