Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
Oversees (and performs) month-End Close responsibilities, g/l balances and trends; Coordinates / prepares complex Internal/ External (i.e. Regulatory) Reporting on standalone and consolidated LE financial statements; Oversees (and performs) General Ledger Governance Routines; Provides subject matter expertise for LE actions related to impact on legal entity.
The Corporate Accounting & Analysis (CAA) team is part of the Corporate Controller Group. The primary focus of our team is ensuring the consolidated financial close process is completed timely, accurately and well-controlled and culminates with production of key financial statements and executive-level financial information for Bank of America. In addition to executing critical month-end routines, our team is a key stakeholder in a number of CFO-wide projects.
Our business partners include LOB Finance, Balance Sheet Management, Enterprise Capital Management, Legal Entity Controllers and other operational groups.
As part of the responsibilities of the role, the teammate will gain a deeper understanding of how the organization operates, will understand key drivers of financial performance, will develop business partner relationships, and will have significant exposure to senior management through special projects.
Responsibilities include but are not limited to:
- Produce monthly financial reporting for executive management
- Maintain the underlying support and respond to ad hoc senior management questions
- Produce the quarterly Statement of Cash Flows, Statement of Shareholders Equity and Earnings per Share submission for the Form 10-K / 10-Q
- Leverage emerging technology to improve efficiency and effectiveness of process
- Monitor and analyze various financial reporting for accuracy ensuring results are as expected
- Perform monthly close routines and produce / review month-end journal entries
- Ability to build relationships and collaborate with teammates
- Support implementation of new accounting standards / changes
- Support Regulatory Reporting, Risk and audit requests / deliverables
- Provide guidance to and work with business partners throughout the month
- Assist in leading monthly routine meetings
- Testing and support of special projects
- Transforming ideas into practical plans that address project objectives and permit on-time execution of GFC deliverables
- Working with cross-functional teams to deliver high-quality work
Skills:
- Financial Accounting
- Financial Analysis
- Reporting
- Risk Management
- Stakeholder Management
- Continuous Improvement
- Executive Presence
- Inclusive Leadership
- Regulatory Compliance
- Relationship Building
- Attention to Detail
- Coaching
- Policies, Procedures, and Guidelines Management
- Project Management
- Regulatory Relations
Required Qualifications:
- Minimum 5 years of Accounting / Finance experience
- Microsoft Excel skills
- Strong written and oral communication, presentation, analytical and technical skills
- Strong business partner skills with ability to meet multiple deadlines
- Analytical and problem solving abilities
- Strong initiative and drive for results
Desired Qualifications:
- Bachelor’s degree in Finance or Accounting
- Master's degree preferred
- CPA
- Experience in the Financial Services Industry
- Oracle and/or SAP eLedger experience
- Workiva, Alteryx and Tableau experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
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What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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