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Finance Track: Finance and Accounting Leadership Program 2024 | Cincinnati

Fifth Third Bank
Cincinnati, United Statesfull_timeVerifiedPosted 16 May 2024

About the role

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.

Be a part of Fifth Third Bank’s landmark early talent program that allows recent college graduates to participate in hands-on leadership development supporting the Cincinnati market. This is a paid professional development opportunity where you’ll learn Fifth Third Bank’s business practices, operations, and procedures. 

You will be responsible and accountable for risk, encouraged to openly exchange ideas and opinions, elevate concerns, and follow policies and procedures to safeguard the company. Doing the right thing for customers and colleagues is key; you’ll ensure their actions and behaviors drive a positive customer experience, achieving real results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.  

The Finance and Accounting Leadership Program (FALP) offers two well-defined tracks to prepare participants for careers in finance or accounting (with an emphasis on either Accounting or Finance rotations based on the participant’s program focus). During the program, you’ll rotate among different teams, becoming an integral member of each one so you can fully collaborate on key initiatives. The Finance division constantly analyzes critical data in order to determine key insights on business trends that allow the Bank to make informed decisions and, in turn, drive value for shareholders.  

This position features hands-on training from industry leaders, developing skills in accounting, financial planning and analysis, external reporting, treasury, investor relation, and other areas you’ll need in a career driving economic growth. Get meaningful work experience and targeted educational opportunities to develop future organizational leaders in a rotation-based model that will give you exposure to multiple business areas. 

Strengthen your business acumen through exposure to Fifth Third Bank’s senior leaders, performance coaching and feedback, mentoring relationships, leadership and professional development opportunities, and develop a professional network that includes some of the best talent in the industry.  

 

What You’ll Do 

Participants will build skills and experience in financial concepts, building critical thinking skills and business acumen. A two-year program based in Cincinnati, the program consists of four 6-month rotations where participants will have early-career development through guided and self-directed learning and training activities. Participants will build problem-solving abilities and learn to clearly communicate in a financial environment while drawing data-driven conclusions and having exposure to Fifth Third Bank’s senior leadership.  

Your days will be filled with fast-paced on-the-job training and development as a vital part of the team. In meetings, you won’t be expected to be seen and not heard; your ideas will be vital to the company’s strategies going forward. You’ll meet with senior leaders, soaking in their experience and insights, while developing your own skills based on their guidance. You’ll be a valued part of the team, gaining valuable experience and getting first-hand insights on how to run a major banking institution.  

Upon program completion, you’ll have access to placement opportunities within the finance division in roles such as financial analyst, senior accountant, reporting financial analyst, and treasury analyst. 

 

Job Duties 

Finance Rotation: 

  • Assist in the execution of financial analysis. 
  • Understand and assist in the identification of key business factors that impact the business. 
  • 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. 

Accounting Rotations: 

  • Accurately maintain accounting records and perform all related accounting functions. 
  • Prepare daily entries while overseeing preparation of other entries. 
  • Monitor accounts and maintain account balances. 
  • Facilitate compliance with Generally Accepted Accounting Principles. 
  • Reconciliation and resolution of outages from complex accounts. 
  • Responsible for special accounting projects and complex assignments. 
  • Preparation of Bancorp and subsidiaries financial reporting. 

 

 

Required Knowledge and Skills 

  • Upon hire, a completed four-year undergraduate degree in Finance with a graduation date within 2024 - 2025
  • A minimum cumulative GPA of 3.0 

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Company

Fifth Third Bank

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