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.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
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Job Description:
This senior level position within Bank of America's accounting policy group will be responsible for conducting technical accounting research and providing guidance across multiple lines of business, primarily for the company's Global Markets segment. The Senior Manager will report to the Head of Accounting Policy to manage the accounting policy group's process, procedures and strategies. This position is a high-visibility role that will communicate with all levels of management, members of the business and company's external auditor.
This senior-level role in Accounting Policy, is responsible for staying abreast of regulatory and accounting rules and providing interpretive guidance to report owners and line of business personnel. The role is also responsible for researching and analyzing technical accounting and regulatory rules, documenting and communicating key conclusions to stakeholders. This person will also interact with the Chief Accounting Officer, Corporate Controller and other Senior Executives.
Responsibilities:
This role will partner and lead other Accounting Policy professionals to perform and document technical research and provide interpretive guidance on existing and emerging regulatory rules and accounting standards. Additionally, the role reviews new products and complex transactions for compliance with GAAP and regulatory reporting regulations. This role will also be expected to maintain advanced knowledge of GAAP, regulatory requirements and lead in-house training sessions. As a senior member of the Accounting Policy group, this role will advocate on behalf of the bank with accounting standard setters, regulators and various industry organizations.
Required Qualifications:
- Minimum of 15 years of experience and a distinguished record of performance as an accounting profession including progressive leadership roles at a major diversified financial institution
- 7-10 years of Accounting Policy experience to include Technical Accounting skills
- Proven direct leadership experience of managing a team
- Bachelor's Degree in related field
- Extensive experience with Generally Accepted Accounting Principles (GAAP)
- Ability to understand and dissect complex transactions
- Extensive experience and knowledge of US regulatory reporting requirements within the banking and financial services industry.
- Effective, high energy business partner with the ability to influence, collaborate, and work across the organization, with the CFO, CAO, controllers, treasury, tax and other finance leaders
- Proven experience to work across teams within the organization to implement accounting standards and lead projects
- Strong communication skills including written and oral presentation skills with an ability to interact at different levels of the organization
- Excellent time management and organization skills
Desired Qualifications:
- Master of Accountancy or MBA
- CPA
- Accounting Policy experience for a large financial institution
- Experience with a major public accounting firm
- Exposure to Global Markets transactions
Shift:
1st shift (United States of America)
Hours Per Week:
40