Job Description:
About us
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.
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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!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview
GF (Global Finance) Global Financial Control India (GFCI) is part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business (LOBs) and Enterprise Finance functions. The capabilities hosted include General Accounting & Reconciliations, Legal Entity Controllership, Corporate Controllership, Management Reporting & Analysis, Finance Systems Support, Operational Risk and Controls, Regulatory Reporting and Strategic initiatives.
Job Description
Work involves preparation of 10K/10Q Notes filed with Securities and Exchange Commission, data provider reviews associated with assigned 10-Q/K sections, Mock runs, Earning release preparation including presentation, town hall material including slide, script etc.
Responsibilities
GFC- CC - Senior Manager position includes, but is not limited to the following responsibilities:
• SEC reporting for 10-K and 10-Q (including Loans, Leases, Securities Financing Agreements, Collateral and Restricted Cash, Securitizations and Other Variable Interest Entities)
• Earning release supplemental package
• Liaise with Global Markets Finance teams, to gather inputs and analyze information
• Audit committee deck, earning release speech script etc
• Make presentations to senior management
• Ensure accurate and timely submission of disclosures in formation
• Ensure compliance with SOX controls
• Liaison with internal and external auditors
• Identify and escalate control issues, errors and efficiency opportunities
• Responsible for dealing with stakeholders across functions and hierarchy within the Bank
• Identifying improvement opportunities and leveraging resources available to implement the ideas
• Ensure adherence to Process & Governance routines
• Timely response of external & internal queries
• Analyze and understand legal entity general ledger balances
• Support ad hoc projects
Requirements
Education
CA, MBA Finance,
IFRS Certifications
Experience Range
Minimum 10+ years in finance, accounting, financial reporting
Foundational skills
• Sound knowledge of financial products (derivatives, swaps, interest, bonds, credit, etc.) and strong accounting skills around financial instruments
• Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint
• Proficient in use of Excel
• Driven to learn and develop new skills
• Self-motivated and independent having a control mindset
• Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes
• Able to work in a fast paced, deadline oriented environment
Desired skills
• US GAAP experience
• Strong computer skills and Oracle/SAP experience
• Emerging Technologies including Alteryx and Tableau
Work Timings
Window 12:30 PM to 9:30 PM (9 hours shift, may require stretch during close period)
Job Location
Gurugram