Bank Of America Audit Supervisor – Accounting / Finance Reporting 

United States, North Carolina, Charlotte 

251848874

Job Description:

Job Description:

This job is responsible for independently performing test work during highly complex audit activities for Lines of Business (LOBs). Key responsibilities include independently designing and executing audit tests, assessing issues for business impact and recommending severity ratings, and establishing business partner relationships. Job expectations include evaluating the control environment, fostering an inclusive work environment, applying product, business, and technical expertise, and supporting team members with development.

Responsibilities:

• Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs and leverages automation and innovative methods in a timely and high-quality manner

• Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.

• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings.

• Provides input on draft audit reports and shares audit results with business leaders.

• Supports the development of peers and teams through on-the-job-training and fosters an inclusive work environment.

• Establishes business partner relationships, primarily with line management, to develop business knowledge.

• Uses innovative tools to complete audit activities more efficiently (e.g., testing)

• This job is responsible for independently performing test work during highly complex audit activities for Lines of Business

• Responsible for audit coverage/testing of key areas and activities across the CFO organization including accounting and financial reporting, SOX, SEC reporting (10Q/K, Annual Proxy), ESG Reporting and Regulation W. Includes evaluation of governance, interpretation of U.S. GAAP and regulatory reporting instructions, controls supporting complete, accurate and timely production and submission of reports and substantive end-to-end testing of data from the reports through data transformations to data capture.

• Leads/executes process understandings, identification of key risks and controls, designs test plans, executes and documents testing performed.

• Ensures Audit testing is robust and adheres to BAC Audit methodology and IIA standards.

• Manage, monitor, and perform Audit Issue validation while balancing Audit assignments

• Stays abreast of regulatory developments, emerging risks, and report/instruction changes; contributes to calibration of the plan

• Provide technical training to the team on relevant accounting/finance, SOX, ESG Reporting or Regulation W subject matter

Required Qualifications:

• 5+ years experience in audit and the financial services industry.

• Specific subject matter expertise in audit and the financial services industry.

• Strong critical thinking, communication, and project management skills with attention to detail

• Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks.

• Proven track record of executing multiple projects concurrently and delivering high quality work to meet tight deadlines.

• Ability to lead, coach, and mentor junior team members and influence their careers.

• Ability to build a strong rapport with line of business management and provide impact without impairing independence.

• Strong interpersonal skills and effective communicator, both orally and in writing

Desired Qualifications:

• BA/BS or equivalent work experienceCPA, CIA, CISA or similar

• Financial Statement Auditing and Consulting experience

• Experience in evaluating workflows/ systems/ data mining

• Experience with SEC Financial Reporting (10Q/K)

Skills:

• Analytical Thinking

• Audit Planning

• Internal Audit Review

• Issue Management

• Risk Management

• Attention to Detail

• Automation

• Business Acumen

• Project Management

• Technical Documentation

• Coaching

• Critical Thinking

• Relationship Building

• Written Communications

1st shift (United States of America)