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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
This opening is for a position in the Accounting Operations team supporting Global Leasing (Global Vendor Finance), and will be responsible for handling Accounts Receivable related activities such as payment applications, issue research, process documentation and system testing activities. The Accounts Receivable team supports daily cash posting for three Leasing divisions (Global Vendor Finance, Leveraged Leases and EMEA) utilizing several systems of record and posting in multiple currencies, so strong organization skills and attention to detail are a must. The successful candidate will also be involved in audit support, risk compliance testing, ad hoc reporting and projects arise (including the current system conversion to the ALFA leasing system) as they arise. Responsibilities include, but are not limited to:
- Accurately record daily cash receipts and applications
- Communicate with multiple teams to identify, research and resolve issues
- Balance bank statement activity to system of record deposit activity
- Prepare and process journal entries
- Process physical checks via Remote Deposit
- Compile and image related documentation for audit purposes
- Monitor and report on unapplied funds for aged items
- Perform daily audits for risk compliance purposes
- Maintain contact and information matrices
- Accurately record daily metrics counts
- Perform System of Record User Acceptance Testing
- Other projects and reporting as they arise
The skills/ requirements for the position are as follows:
- Results-oriented and proactive, with a strong attention to detail
- Critical thinking and problem solving skills - not afraid of challenging work
- Exceptional time management and organizational skills
- Excellent oral, written and interpersonal communication skills
- Can work both independently and as a team member
- Able to manage in a fast-paced, and sometimes unpredictable, environment
- Availability to work weekends and/or extended hours, as required by the business
- Microsoft Office applications with strong knowledge of Microsoft Excel required
- Experience with the leasing industry and with database query tools preferred
- Experience with SAP General ledger, InfoLease, ALFA, Toad Data Point or Monarch a plus
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Fair & Transparent Compensation — Pay practices are framed as structured and backed by regular pay-equity analysis, which creates a sense of consistency even when higher pay is desired.
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Pay Growth & Progression — A high U.S. hourly pay floor of $25/hour is positioned as a meaningful baseline for frontline and support roles, improving perceived competitiveness at the lower end.
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Parental & Family Support — Parental leave, family-planning reimbursement, backup care, and “Life Event Services” are presented as substantial supports that strengthen the overall rewards package.
Bank of America Insights
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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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