Finance Manager - Planning and Analysis

Bank of America • Charlotte, NC

3d • Onsite

About The Position

At Bank of America, this role directs day-to-day finance activities involving consolidation and management of the bank’s month-end close, planning, forecasting, and capital approval processes. It oversees the consolidation and analysis of forecasts, profitability, and financial reporting, and supports strategic business reviews. The role manages planning and analysis partner relationships, supports management decision-making, influences financial analysts, and coordinates deliverables with partners.

The position is the end-to-end process owner for Internal Software Capitalization across Technology Finance, with accountability for planning and forecasting, actual results, allocations, controls, and ongoing process execution. It also leads a shared support utility serving Software Capitalization and Initiative Planning, including prioritization and team capacity management. A key focus is modernizing existing processes through stronger data and analytics, automation, and simpler ways of working, in partnership with Business Finance Officers, Technology leaders, and senior Technology Finance leadership.

The position may also manage associates. Bank of America describes its managerial expectations as championing inclusion, promoting process and data excellence, communicating enterprise decisions and strategy, maintaining risk discipline and controls, coaching and developing employees, managing budgets, building talent, and delivering business outcomes through effective prioritization and delegation.

Requirements

• At least 8 years of experience in Finance, Accounting, Financial Planning and Analysis, or a related financial discipline.
• At least 3 years of experience leading teams and/or managing complex cross-functional processes.
• Experience in financial services, technology finance, or another large, complex corporate environment.
• Bachelor’s degree in Finance, Accounting, Business, or a related field, or equivalent relevant experience.
• Skills in analytical thinking, attention to detail, financial accounting, financial processing, scenario planning and analysis, business analytics, consulting, critical thinking, financial forecasting and modeling, reporting, business acumen, influence, prioritization, problem solving, process design and transformation, data analysis and interpretation, change management, strategic thinking, stakeholder management, process management, and resource and capacity management.

Nice To Haves

• 10 or more years of progressive Finance or Accounting experience.
• Experience in Technology Finance, including internal software capitalization, initiative/project accounting, or related financial processes.
• Experience leading significant process transformation, automation, or data modernization efforts.
• Experience working in a large, matrixed financial services organization.
• CPA, MBA, or another relevant advanced degree or certification.

Responsibilities

• Provide leadership, direction, and coaching to profit planning and forecast stakeholders to develop accurate plans and forecasts; review business-result drivers and identify improvement opportunities.
• Direct day-to-day team activities and reviews of Lines of Business financial performance; synthesize trends, assess business risks, and prepare, analyze, and report financial results and key metrics.
• Manage forecasting and budgeting from both Lines of Business and consolidated perspectives, comparing performance with plan, prior periods, and forecasts to assess performance trajectory.
• Implement projects and strategic initiatives, create processes to automate reporting, and deliver process improvements and simplifications.
• Build and manage partner relationships across Finance and implement policies and procedures supporting planning and forecasting integrity, financial controls, and effective procedures.
• Apply attention to detail, analytical thinking, influence, and collaboration to handle competing priorities with Lines of Business and CFO stakeholders.
• Own the end-to-end Internal Software Capitalization process, including planning and forecasting, actual results, allocations, controls, and ongoing execution; ensure transparency and accountability across its lifecycle.
• Transform and modernize the Software Capitalization process by challenging existing practices and advancing data-driven, automated, and scalable approaches.
• Manage a shared support utility across Software Capitalization and Initiative Planning, prioritizing work and managing team capacity as business demands change.
• Partner with Business Finance Officers and Technology leaders to deliver financial outcomes, understand drivers, resolve issues, and drive accountability for execution and results.
• Partner with the Initiative Planning process owner and Finance stakeholders to maintain connectivity across interdependent processes, data, and deliverables.
• Synthesize financial and operational data into actionable insights and communicate results, risks, and recommendations to the GTOF CFO and senior Technology Finance leaders.
• Where applicable, model inclusion; promote process excellence and data-based decisions; communicate enterprise strategy; maintain risk discipline and controls; coach and develop employees; manage expenses and budgets; build talent; and prioritize and delegate work to deliver business outcomes.

Benefits

• Bank of America describes its benefits as affordable, competitive, and flexible, and says it supports teammates’ physical, emotional, and financial wellness.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager