Sr. Financial Analyst (LOB)

Employment Type: Regular Full/Part Time: Full Time Division: Processing Solutions Location: FIFTH THIRD CENTER, CINCINNATI, OHGENERAL FUNCTION:
Responsible for the execution of highly complex financial analysis and business improvement of all key areas within the Bancorp. Serve as financial leader to Fifth Third Bancorp Lines of Business 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:I. Understand and lead peers in the identification of key business factors (both internal and external) that impact the Line of Business.
A. Maintain an up-to-date knowledge base to keep current on existing and emerging issues; apply this knowledge to assist business managers in sustaining growth.
B. Develop recommendations and action plans to support growth and eliminate or mitigate observed risks.
II. Plays a lead role in the execution of financial analysis and in driving business results.
A. Prepare and analyze monthly reports for the line of business. Investigate and document unusual items.
B. Perform maintenance on existing schedules and reports for changes to information.
C. Document, evaluate and improve design of reports and processes to ensure that analytical tools evolve as business changes.
D. Develop trend analyses and other quantitative reports to determine business trends.
III. Assist with the documentation of financial plans and analysis in a format appropriate for meetings with senior management.
IV. Establish, foster and maintain working relationships with peers and management within Cincinnati, affiliates and all Lines of Business.
A. Serves as the LOB financial leader to the Line of Business.
B. Attend meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.
C. Be an active participant in process improvement and problem resolution issues.
V. Assist with the preparation and analysis of annual profit plan and rolling forecast for the Line of Business.
VI. Analyze business performance, make recommendations for improvements and measure progress. Success will be measured by outcomes. (i.e., business improvement)
VII. Work closely with LOB CFO to develop metrics and variance analysis of actual results. Assist with the development of presentations and discussion documents to highlight business issues and opportunities. Create and publish graphic metrics to communicate business results and status.
VIII. Assist the LOB CFO with the automation of data collection, analysis and communication.
VI. Provides training and guidance to less experienced analysts.
A. Allocates work and reviews work of less experienced staff
B. Works with staff to set and achieve department objectives
C. Guides and advises subordinates. Resolves routine personnel issues.
D. Develops cross training programs and ensures the adequate delegation of duties and responsibilities.
E. Recruits, develops and exports talent. Job RequirementsMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:Education: Bachelors degree required. MBA or CPA preferred. Thorough knowledge of GAAP strongly desired.
Experience: Minimum of five - seven years of accounting or finance related experience in industry or public accounting. Must have breadth of knowledge and experience in all lines of business within the Bancorp.
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