Accounting Analyst jobs in United States, Illinois, Chicago

This job collaborates closely with the business and finance teams on activities such as forecasting, budgeting, month-end closing, financial/deal modeling, performance measurement, reporting and analysis, you will support the development and implementation of transformation projects, optimizing analytics tools and process strategies. Additionally, you will be responsible for reviewing financial or deal model performance, implementing enhancements as needed, you will contribute to improving processes, and you will be collaborating with stakeholders to gather inputs for business forecasts, summarize insights, and present them to senior leadership.

Essential Responsibilities:

• Support planning and forecasting processes
• Review business performance on regular cadences (weekly, monthly,quarterly)Collaboratewith stakeholders to gather inputs and summarize insights
• Produce executive-level presentations
• Work closely with the finance and technical teams to drive process and system improvements
• Facilitate discussions with various stakeholders, manage expectations, and collaborate cross-functionally
• Consult with finance leads to review and discuss key issues, risks, and dependencies for assigned initiatives
• Document and escalate potential risks/issues, assist in developing mitigation strategies, and support their implementation

Expected Qualifications:

• 3+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Travel Percent:

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit .

The US national annual pay range for this role is $84,500 to $140,250

Our Benefits:

Any general requests for consideration of your skills, please

Essential Responsibilities:

• Engage with team members to contribute to pricing solutions and suggest efficiencies.
• Assist in the collection and analysis of pricing data to support decision-making processes.
• Follow established processes and procedures to ensure accurate pricing implementation.
• Collaborate with peers to share insights and improve overall pricing strategies.
• Participate in team meetings to discuss pricing initiatives and provide input on projects.

Expected Qualifications:

• 1+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Travel Percent:

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit .

The US national annual pay range for this role is $69,000 to $113,850

Our Benefits:

Any general requests for consideration of your skills, please

Job Description:

Job Description:

This job is responsible for conducting quantitative analytics and complex modeling projects for specific business units or risk types. Key responsibilities include leading the development of new models, analytic processes, or system approaches, creating technical documentation for related activities, and working with Technology staff in the design of systems to run models developed. Job expectations may include the ability to influence strategic direction, as well as develop tactical plans.

Responsibilities:

• Leads the development of AML models to support business requirements and the enterprise's risk appetite collaborating with the Technology, Global Financial Crimes, and Model Risk Management teams

• Leads the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization

• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation

• Maintains and provides oversight of model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite

• Leads and provides methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk

• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes

• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Skills:

• Critical Thinking

• Quantitative Development

• Risk Analytics

• Risk Modeling

• Technical Documentation

• Adaptability

• Collaboration

• Problem Solving

• Risk Management

• Test Engineering

• Data Modeling

• Data and Trend Analysis

• Process Performance Measurement

• Research

• Written Communications

Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) are sub-lines of business within Global Risk Management (GRM). Collectively, they are responsible for developing a consistent and coherent set of models, analytical tools, and tests for effective risk and capital measurement, management and reporting across Bank of America. GRA and EIT partner with the Lines of Business and Enterprise functions to ensure the capabilities it builds address both internal and regulatory requirements, and are responsive to the changing nature of portfolios, economic conditions, and emerging risks. In executing its activities, GRA and EIT drive innovation, process improvement and automation.

As a part of Global Risk Analytics, Global Financial Crimes Modeling and Analytics is responsible for enterprise-wide financial crime model development and implementation, ongoing performance monitoring and optimization, data usage, and research and development utilizing advanced analytical tools and systems. The Global Financial Crimes Modeling and Analytics team is made up of nine sub-teams:

7) Research and Development is responsible for future thinking concepts, innovation coordination, tools and technique assessment, artificial intelligence oversight, and vendor assessment oversight.

Overview of Role:

• Responsible for independently conducting quantitative analytics and modeling projects.

• Responsible for developing new models, analytic processes or systems approaches.

• Creates documentation for all activities and works with Technology staff in design of any system to run models developed.

• Supports the planning related to setting quantitative work priorities in line with the bank’s overall strategy and prioritization

• Identifies continuous improvements through reviews of approval decisions on relevant model development or model validation tasks, critical feedback on technical documentation, and effective challenges on model development/validation

• Supports model development and model risk management in respective focus areas to support business requirements and the enterprise's risk appetite

• Supports the methodological, analytical, and technical guidance to effectively challenge and influence the strategic direction and tactical approaches of development/validation projects and identify areas of potential risk

• Works closely with model stakeholders and senior management with regard to communication of submission and validation outcomes

• Performs statistical analysis on large datasets and interprets results using both qualitative and quantitative approaches

Qualifications:

• Ability to work in a large, complex organization, and influence various stakeholders and partners

• Self-starter; Initiates work independently, before being asked

• Strong team player able to seamlessly transition between contributing individually and collaborating on team projects; Understands that individual actions may require input from manager or peers; Knows when to include others

• Strong communication skills and ability to effectively communicate quantitative topics to technical and non-technical audiences

• Effectively creates a compelling story using data; Able to make recommendations and articulate conclusions supported by data

• Effectively presents findings, data, and conclusions to influence senior leaders

• Ability to work in a highly controlled and audited environment

• Effective at prioritization, and time and project management

• Strong Programming skills e.g. Python, SAS, SQL, or other languages

• Strong analytical and problem-solving skills

Required Education and Work Experience:

• Master’s degree in related field or equivalent work experience

• 3+ years (2+ years with a PhD) of experience in model development, statistical work, data analytics or quantitative research

• 5+ years of leadership and/or management experience

1st shift (United States of America)

This job oversees financial reporting, compliance, and internal controls. You will ensure accurate financial information, manage audits, and implement accounting policies in line with GAAP/IFRS and SEC regulations. This role collaborates with cross-functional teams, supports strategic decision-making, and drives process improvements. Strong leadership, technical expertise, and attention to detail are essential.

Essential Responsibilities:

• Partner with PayPal business leaders and wider PayPal finance organization on accounting and reporting matters
• Drive accounting support within finance transformation work programs and other process enhancements
• Provide accounting expertise and leadership to finance and business organizations
• Consult with business partners regularly to ensure awareness of significant transactions and potential accounting impact

Expected Qualifications:

• 8+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

High Level Job Summary:

This role will report directly to the Credit Controller and will be responsible for leading daily and monthly accounting operations, monthly and quarterly reporting (including 10Q/10K) and also, working on complex accounting areas related to PayPal’s rapidly expanding Global Consumer and Merchant loan portfolios. Key responsibilities will include: quarterly SEC reporting and CECL allowance process, ongoing loan portfolio externalizations (ie. loan sales and securitizations), and other special projects, such as product launches, system migrations, changes in accounting policy and broader finance automation initiatives. It is a fast-paced environment that requires juggling of multiple projects with competing deadlines. Highly automated Accounting environment with multiple loan servicing systems, as well as other supporting systems, which adds unique operational complexities and requires a focus on streamlining and automation solutions to ensure scalability. Role will oversee the 3 accounting managers on the team.

• Cross functional teams across PayPal, include: FP&A, Capital Markets, Credit Risk, Data Analytics, System Platform, Corporate Accounting, Treasury, Accounting Policy, SEC Reporting, SOX, etc.
  • Partnership with Capital Markets team (and greater Credit FP&A team) which are based in NYC is a critical function of this role. Note: Credit business partners/leaders are primarily based on the East Coast, across the Tri-State area.
• Oversee quarterly CECL Allowance process. This is a key focus area with a high level of scrutiny due to subjectivity and materiality of the estimate. Quarterly process includes heavy partnership withCredit Risk and Credit Finance to align on reserveestimates and ultimately present a detailed deck to leadership.
• Review complex journal entries and ensure the accuracy of information through well-documented workpapers. Proactively identify, communicate, and resolve any issues or reconciling items.
  
• Work with a high degree of initiative to identify and recommend process improvement opportunities through automation to ensure all processes are scalable for Credit business’ rapid expansion.
• Develop and improve internal process documentation. Ability to analyze and walkthrough new or existing accounting processes from beginning to end and outline journal entries.
• Collaborate with the other managers on the team for specific projects and oversight of day-to-day team operations.
• Partner with PayPal business leaders and wider PayPal finance organization on accounting and reporting matters

• Drive accounting support within finance transformation work programs and other process enhancements
• Provide accounting expertise and leadership to finance and business organizations
• Consult with business partners regularly to ensure awareness of significant transactions and potential accounting impact

Required Skills:

• Excellent written and verbal communication skills to articulate ideas and plans clearly and effectively with internal and external audiences at a leadership level.
• Ability to influence where you do not have direct authority through strong interpersonal skills
• Quick learner with a high degree of attention to detail and understanding of business/accounting processes.
• Ability to manage multiple projects simultaneously across cross functional teams.
• High degree of personal integrity and professional skepticism.
• Open to change and committed to continuous process improvement.
• Have a reputation for getting things done.

Required Qualification:

• 12+ years of Audit/Accounting experience: Minimum 5 years required at a Big Four public accounting firm.
• Experience in Credit or Banking industry is required.
• CPA required

Travel Percent:

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit .

The US national annual pay range for this role is $123,500 to $212,850

Our Benefits:

Any general requests for consideration of your skills, please