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Bank Of America Senior Financial Analyst - Business Support United States, North Carolina, Charlotte 723495090
This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and providing financial analysis and guidance to support key decisions and initiatives. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and generating value creation ideas and new investment business cases. Job expectations include preparing insights to guide management's decision making and evaluating financial performance versus plans, forecasts, and prior periods.
The Global Banking and Markets Financial, Planning and Analysis (FP&A) team is part of the broader GBAM CFO organization. The primary focus of this team is to provide a broad array of Management Reporting to support Senior Management in their financial and strategic decision making. GB & GM FP&A
Responsibilities:
Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
Develops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
Creates forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectory
Supports reporting and analysis for key constituents and management, which may include Board of Directors, Investor Relations, and/or various regulatory agencies
Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures
Supports new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
Involvement in Forecasting of the GBAM P&L and Balance Sheet including business partner across Finance and Treasury
Contingent Funds Transfer Pricing Analysis and Reporting
Month End Close Process and business partnering with Corporate Planning throughout
Adhoc reporting of GBAM financials and profitability from BFOs, COOs, Corporate and Senior Management
Revenue and business performance commentary
Interaction with GM BFO Teams and Corporate Treasury
Skills:
Attention to Detail
Business Process Analysis
Collaboration
Data Quality Management
Reporting
Data Visualization
Financial Analysis
Financial Forecasting and Modeling
Financial Processing
• BS/BA Finance/Accounting - preferred
• 4+ years in related industry experience and strong financial reporting background
• Strong written and oral communications skills with excellent attention to detail
• Self-starter, proactive with strong collaboration and team work
• Intellectual curiosity and willingness to effectively challenge the status quo
• Problem Solving
• Analytical Abilities/Financial Acumen
• Proficient with SAP/eLedger and advanced skills in MS Office applications
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