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Bank Of America Accounting Specialist III United States, Georgia 941180318
This job is responsible for resolving operational accounting functions and issues in accordance with standard procedures. Key responsibilities include supporting the analyses of issues related to all operational accounting functions, such as general accounting, accounts payable, and accounts receivable. Job expectations include performing analytical research and leveraging judgment to make informed decisions using accounting systems and tools, following established processes, and handling exceptions and escalations within the Line of Business.
LOB Job Description:
Responsible for the day-to-day resolution of complex operational accounting functions / issues including in depth analysis. The incumbent will take appropriate action based on process characteristics of extremely complex issues related to all operational accounting functions. Must be considered a subject matter expert in operational accounting policies and routines. Complex decisions are made based on analytical research and judgment. Requires extensive experience and must follow established procedures & guidelines while utilizing multiple systems & tools. Ensures compliance with Federal and Bank Regulations. Excellent communication and follow up skills required. To appropriately investigate and decision issues, incumbent will interact with multiple business partners. Communication includes process education, operational accounting education, setting appropriate expectations or skillfully defusing the situation.
Responsibilities:
- Reconciles bank accounts, posts information and balances general or subsidiary ledgers, processes payments, deposits, and transactions, and compiles segments of monthly closings
- Demonstrates an understanding of workflow processes and adheres to Service Level Agreements and federal and state laws, rules, and regulations
- Applies advanced analysis and adheres to operational accounting procedures, processes, and techniques to meet the requirements of the position
- Supports the execution of the end-to-end workflow process by using variousprocessing/accountingsystems and tools
- Assists with researching and analyzing procedures, cases, and situations as they arise
Required Qualifications:
- 1+ Years Accounting / Operations experience
- Previous experience with general ledger
- Thorough understanding of debits and credits
- Exhibit excellent verbal, written communication and interpersonal skills
- Demonstrate the ability to multi-task, strong attention to detail, proficient with numbers and effective organizational skills
- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions, be a continuous learner
- Excels in working among diverse viewpoints to determine best practice to understand future business needs
- The ability to coach and train on all levels
- Strong technical and analytical skills
- Self-motivated and results oriented
- Operational accounting experience along with working knowledge of processes to include applicable policies and regulations
Skills:
- Business Acumen
- Financial Accounting
- Project Management
- Research
- Written Communications
- Analytical Thinking
- Attention to Detail
- Collaboration
- Regulatory Compliance
- Adaptability
- Business Process Analysis
- Critical Thinking
- Issue Management
Minimum Education Requirement:
- High School Diploma / GED / Secondary School or equivalent
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