Reconciliation Oversight & Controls Analyst

Fifth Third Bank • Cincinnati, OH

3d

About The Position

The Reconciliation Oversight & Controls Analyst conducts complex accounting assignments and projects, provides training and guidance to less experienced staff, and maintains accurate, detailed accounting records. The role prepares financial statements and reports and plays a key part in month-end close and reporting activities.

The position is accountable for risk management, following bank policies and procedures, and supporting positive experiences for customers and colleagues. It maintains complex accounting records, monitors accounts and balances, prepares journal entries and financial statements where applicable, and ensures compliance with Generally Accepted Accounting Principles. The analyst also reconciles and resolves outages from complex accounts, supports special accounting projects, and helps maintain current accounting policies and practices.

The role focuses on continuous improvement by identifying opportunities to automate and simplify processes, leveraging technology, improving accounting processes, and supporting the integration of a new accounting system. It ensures account reconciliations are complete and accurate, develops relationships with internal and external customers, and develops cross-training programs while ensuring appropriate delegation of duties.

Requirements

• Bachelor’s degree required.
• Minimum of 4 years of industry or public accounting-related experience.
• Banking or accounting-related experience required.
• Proficiency with advanced spreadsheet applications such as Excel and Microsoft Word.
• Ability to learn and understand Bancorp systems such as Frontier, Mobius, Raft, Business Objects, and TM1.
• Excellent communication, organization, and follow-up skills.
• Excellent people and relationship-building skills.
• Strong analytical, verbal, and written communication skills.
• Ability to apply critical thought processes.
• Ability to prioritize and organize work to meet deadlines.
• Ability to communicate clearly and concisely with Finance staff, managers, department leaders, and potentially senior management and executive leaders.

Responsibilities

• Maintain complex accounting records accurately and perform related accounting functions.
• Oversee preparation of daily entries, monitor accounts, and maintain account balances.
• Prepare complex accounting journal entries and monthly financial statements where applicable.
• Maintain current accounting policies and practices and ensure compliance with Generally Accepted Accounting Principles.
• Reconcile and resolve outages from complex accounts.
• Assist with complex special accounting projects.
• Continuously identify process improvements to automate and simplify work.
• Leverage technology to enhance efficiency and productivity.
• Identify opportunities to improve accounting processes and play a key role in integrating a new accounting system.
• Ensure the completion and accuracy of all account reconciliations.
• Develop and maintain appropriate business relationships with internal and external customers.
• Develop cross-training programs and ensure adequate delegation of duties and responsibilities.
• Provide training and guidance to less experienced staff.
• Support risk identification, assessment, management, monitoring, and reporting while following bank policies and procedures.

Benefits

• Comprehensive benefits supporting employees and their families, including physical, financial, emotional, and social well-being.
• Differentiated compensation offerings.
• Eligibility to participate in an incentive compensation plan, with payments based on company, line-of-business, and/or individual performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level