CFO - Senior Finance Analyst - Business Support

Bank of AmericaCharlotte, NC
10dOnsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: 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. This role provides operational accounting support primarily for the Consumer Marketing organization. Responsibilities include performing month-end close activities including booking monthly marketing accruals, funding of the postage account related to direct mail campaigns, charge outs for Enterprise Creative Solutions, Consumer incentives processing and preparing reconciliations. In addition this role helps manage the transactional volume within MarketScape (sub-ledger used to track marketing expense) and the General Ledger working directly with the line of business. There can be a high level of transactional volume in this role and strong Excel/data management skills are critical as well as the ability to execute with speed and accuracy, particularly during the month end periods. This teammate will work with eLedger, GEP, FDES, Cash Pro, and MarketScape systems and will partner across the Staff Support Finance team. Throughout the tenure of the role, the teammate will gain exposure and acumen across the groups they support as well as the Staff Support Finance organization, and develop or improve the following skills: business partnering, communication, business acumen and initiative.

Requirements

  • Minimum 2 years of financial analysis experience
  • Excellent excel skills with the ability to build and use spread sheets (comfortable with lookups, pivot tables and data manipulation)
  • Effective written and oral communication skills
  • Quick learner, self-motivated, proactive, ability to work independently and balance multiple priorities
  • Strong business partnering experience / skills including the ability to interact, communicate and influence
  • Strong attention to detail and organizational skills
  • Ability to identify process improvement opportunities, ascertaining possible solutions and carry through to completion their implementation
  • Finance systems: eLedger / EPM

Nice To Haves

  • Bachelor's degree in Business (Accounting or Finance preferred)
  • Proficiency with one or more desktop automation tools (Alteryx, Tableau, Workiva)
  • Financial Data Entry System (FDES) experience

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
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