Fifth Third Bank

Tax Analyst


PayCompetitive
LocationCincinnati/Ohio
Employment typeFull-Time

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  • Job Description

      Req#: R48064

      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.

      GENERAL FUNCTION:

      Under general supervision, responsibilities include the preparation of federal and state income and franchise tax returns, extensions, and estimated payments. Serve as tax support to Fifth Third Bancorp entities to meet required tax filing obligations.

      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 ensuring 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 & RESPONSIBILITIES:

      • Responsible for the completion of timely and accurate federal income tax returns.

      • Responsible for the completion of timely and accurate state income and franchise tax returns.

      • Retrieve and assimilate data necessary to calculate tax returns, extensions, and estimated payments.

      • Prepare accurate and timely allocation journal entries in compliance with regulatory requirements.

      • Initiate check and EFT requests to prompt payment to appropriate jurisdictions.

      • Interact with Accounting, Finance, and Line of Business personnel on a continual basis for information relating to the above.

      • Assist with the quarterly review of the federal and state income tax provision journal entries.

      • Analyze state franchise tax accruals and prepare required journal entries.

      • Calculate and maintain deferred income tax balances and taxes payable/receivable for inclusion in published financial statements.

      • Oversee the recording of tax accounting journal entries.

      • Validate and reconcile general ledger tax accounts monthly.

      • Research areas of tax law as appropriate including analysis of data related to the issue.

      • Research corporate tax issues of law raised during the return preparation, both federal and state.

      • Research corporate tax issues of law raised during tax audits, both federal and state.

      • Provide assistance with answering Information Document Requests for both federal and state audits.

      SUPERVISORY RESPONSIBILITIES:

      None.

      MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

      • Bachelor's Degree in Accounting or Finance.

      • Prior co-op or internship experience in tax.

      • Prior public or industry tax or accounting experience preferred but not required.

      • Proficiency with Microsoft Office software including Word and Excel.

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

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

      • Ability to work in professional and dynamic environment.

      • Demonstrate sound judgment as well as apply logical/critical thought process.

      #LI-BP1

      Tax Analyst

      LOCATION -- Cincinnati, Ohio 45202

      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.

  • About the company

      Fifth Third Bank is a bank headquartered in Cincinnati, Ohio, at Fifth Third Center.