Sr. Financial Analyst III

Employment Type: Regular Full/Part Time: Full Time Division: IT Location: FIFTH THIRD CENTER, CINCINNATI, OHGENERAL FUNCTION:
Responsible for the execution of highly complex financial analysis and business improvement of key areas within the Bancorp. Serve as financial leader to Fifth Third Bancorp lines of business and/or external agencies to understand and meet the information needs required to sustain growth. Focus on providing value-added analysis and recommendations to support business growth. Leads the education and development of less experienced staff.ESSENTIAL DUTIES & RESPONSIBILITIES:
Understand and lead peers in the identification of key business factors (both internal and external) that impact the business.

Maintain an up-to-date knowledge base to keep current on existing and emerging issues; apply this knowledge to assist business managers in growing their business.

Develop recommendations and action plans to support growth and eliminate or mitigate observed risks.
Perform all duties associated with the IT expense allocation process (forecasting, budgeting, methodology adjustments, and variance analysis).
Play a key role in the execution of financial analysis and in driving business results.

Prepare and analyze monthly reports. Investigate and document unusual items.

Perform maintenance on existing schedules and reports for changes to information.

Document, evaluate and improve design of reports and processes to ensure that analytical tools evolve as business changes.

Develop trend analyses and other quantitative reports to determine business trends.

Assist management with the development and maintenance of the performance data systems designed to review organizational and product performance.

Establish, foster and maintain working relationships with peers and management within Cincinnati, affiliates and all lines of business.

May serve as the division leader to lines of business regarding mergers and acquisitions, conversions of application systems, and complex reporting needs.

Attend meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

Be an active participant in process improvement and problem resolution issues.

Assist with the preparation and analysis of annual profit plan and rolling forecast for line of business.

Analyze business performance, make recommendations for improvements and measure progress. Success will be measured by outcomes. (i.e., business improvement)

Provides training and guidance to less experienced analysts.

Allocates work and reviews work of less experienced staff.

Works with staff to set and achieve department objectives.

Guides and advises subordinates.

Develops cross training programs and ensures the adequate delegation of duties and responsibilities.

Resolves routine personnel issues.

Recruits, develops and exports talent.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.
Job RequirementsMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:Education: Bachelor's degree required. MBA or CPA preferred. Thorough knowledge of GAAP strongly desired.
Experience: Minimum of five years of accounting or finance related experience in industry or public accounting.
Computer/Technical: Proficient with MS-Windows and other related PC applications. Possess the desire and ability to learn mainframe applications, and automated data analysis tools and techniques.
Other Skills:

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

Demonstrated proficiency in performance measurement tools and technology.

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

Ability to maintain professional composure in a dynamic work environment that often requires management/completion of multiple tasks.

Demonstrate sound judgment as well as apply logical/critical thought processes.
E.O.E., M/F/D/V