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Bank Of America Team Leader - R 
India, Haryana, Gurugram District 
830268262

03.09.2024

Overview * (Bank of America overview, BA Continuum India overview, Business Overview)

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview

Global Financial Control India is the global delivery footprint of the bank’s Global Financial Control function within the CFO group and is responsible for multiple functions including U.S. and Regional Legal Entity Controllership, Regulatory Reporting, Balance Sheet Reconciliations, Tax Accounting & Compliance, Operational Risk & Controls Oversight, Finance Change & Production Services and Data Management.

Job Description

The role involves reporting, analysis, accounting, data validation and liaising with various stakeholders.

Responsibilities

Finance analyst position responsibilities will include any of the following:

  • Responsible for various day to day accounting processes, financial analysis, financial and management reporting
  • Accountable for application of financial principles, ability to read and comprehend financial reports and conduct & conclude analysis.
  • Responsible for datadictionaries/conformanceto instructions and /or preparation of various regulatory reports, documentation, interpretation and communication of regulatory reporting requirements
  • Perform Legal Entity tax forecasts; review tax journal entries, tax account analysis and annual tax expense true-up & variance explanations.
  • Performing reconciliations of Balance Sheet accounts adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS); investigate & report out any breaks.
  • Supporting in systems Implementation and enhancements
  • Responsible for executing changes to finance systems and ensuring all financial accounting & reporting systems and applications are operating smoothly from a functional perspective.
  • Ensuring adherence to financial data standards and quality of data
  • Support risk management, controls & compliance processes including risk performance monitoring & tracking, controls validation & reviews, SOX compliance, regulatory reports testing & attestation and reconciliation reviews.
  • Project work related to process improvement and automation of processes.
  • Supporting in project management and various team initiatives
  • Data collation and liaising with various stakeholders.
  • Stakeholder dealing, liaising with various teams.

Foundational Skills

  • Education: CA with 0 -2 years of experience
  • Basic working knowledge of reporting, analysis, accounting and various finance functions
  • Ability to understand the financial statements
  • Fundamental understanding of risk management and internal controls
  • Excellent written and verbal communication skills.
  • Ability to effectively manage multiple priorities.
  • Able to work in a fast-paced environment.
  • Proficient in the use of Excel, Word and PowerPoint
  • Ability to assimilate large amounts of information quickly and to understand complex methodologies and issues.
  • Highly motivated, able to work independently, self-starter; andproblem/solving/analytical.


Desired skills

  • Knowledge of US GAAP accounting standards
  • Good knowledge of financial / banking products (derivatives, swaps, interest, bonds, credit, etc.)
  • Working knowledge of Oracle/SAP, SQL, Tableau, SharePoint would be preferred.

Work Timings:Between 7:00 AM – 10:30 PM (Standard shift is 9 Hrs, expectation to stretch during critical activity periods like Month Close)

: Gurgaon / Mumbai