Bank Of America Mgr - Finance Business Support 

United States, New York, New York 

49114177

This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations include supporting management in key decision making, and influencing and gaining support from financial analysts.

Responsibilities:

• Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvement
• Reviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
• Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
• Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
• Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities
• Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures

Skills:

• Business Process Analysis
• Collaboration
• Data Quality Management
• Financial Analysis
• Financial Management
• Analytical Thinking
• Critical Thinking
• Data Visualization
• Decision Making
• Prioritization
• Business Acumen
• Business Case Analysis
• Financial Forecasting and Modeling
• Project Management
• Reporting

Key Responsibilities:

• Financial Reporting & Expense Management
• Oversee weekly estimates, monthly close, and management reporting.
• Ensure accuracy and relevance of financial reporting, including variance analyses that explain fluctuations in key business drivers.
• Prepare management presentations for senior leaders, including Investor Relations, quarterly earnings results, and Board of Director presentations.
• Engage directly with CFO teams to ensure consistency in reporting and alignment with business goals.

Collaboration & Cross-Functional Partnership:

• Work closely with multiple CFOs and business partners, particularly in Global Banking and Global Markets, to provide strategic financial insights and recommendations.
• Serve as the primary liaison between business units and finance, ensuring alignment on financial processes, reporting, and decision-making.
• Engage with front office teams globally to ensure expense management initiatives are executed consistently across regions.

Process Improvement & Strategic Initiatives:

• Identify opportunities for process automation and drive initiatives to improve reporting efficiency and reduce manual reporting risks.
• Lead efforts to innovate and streamline financial processes, leveraging technology and best practices to enhance transparency and control over expenses.
• Ensure compliance with internal controls and governance processes related to financial reporting.
• Team Integration & Leadership:
• Play an active role in integrating with the close-knit GEM team, working collaboratively across eight onshore and six offshore team members.
• Provide mentorship to junior team members and help foster an environment of continuous improvement and shared success.
• Ensure team members are aligned with business priorities and participate fully in early morning meetings to collaborate with global stakeholders.

Required Qualifications:

• Bachelor’s degree in Finance, Accounting, or related field.
• 5+ years of relevant financial reporting and analysis experience, with a focus on expense management.
• Experience in banking, financial services, or fast-paced corporate environments.
• Proficiency in Microsoft Excel is critical; candidates must demonstrate advanced Excel skills (e.g., pivot tables, formulas, financial modeling).
• Strong understanding of financial reporting principles and experience in process automation or improvements.
• Self-starter mentality: Candidates must be eager to take initiative and proactively dive into tasks.
• Strong communication skills, with the ability to present complex financial data to senior leadership and cross-functional teams.
• Demonstrate reliability, teamwork, and a strong commitment to the team’s goals.
• Ability to work in a high-pressure environment, with flexibility to accommodate the early morning start times (8 AM start) to align with global team interactions.

Desired Qualifications:

• Familiarity with financial reporting tools such as SAP, Tableau, Alteryx, or other relevant platforms.

1st shift (United States of America)