Finance Manager - Business Support

Bank of America•Charlotte, NC
•Onsite

About The Position

At Bank of America, this role serves as a finance partner to the Global Commercial Banking (GCB) Line of Business and directs day-to-day finance activities for three GCB segments. The position provides financial oversight and analysis of segment performance, including balance sheet, net interest and fee revenue generation, segment and client profitability, and expense management. It also oversees value-creation ideas to improve performance and supports regional and segment leadership in decision-making by influencing business, product, and country partners. The role is also responsible for strategic annual planning and implementation, forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and evaluating new investment business cases. It works with finance and business teams to assess trends and risks, compare performance with plans and forecasts, and develop reporting processes and strategic initiatives. Bank of America describes its culture as inclusive and caring, with an in-office approach intended to support collaboration, engagement, and career development, alongside role-appropriate flexibility.

Requirements

  • At least 5 years of finance experience; experience in financial services is preferred.
  • BFO experience.
  • Strong written, verbal, and interpersonal communication skills, including tact, diplomacy, and the ability to influence senior executives.
  • Excellent presentation skills.

Nice To Haves

  • Bachelor's degree in Business Administration, Finance, Accounting, or Economics.
  • SAP/eLedger knowledge.
  • Knowledge of balance sheet, net interest income, non-interest revenue, and expense management.
  • Client or product profitability experience.
  • Business process analysis, collaboration, data quality management, financial analysis, financial management, analytical and critical thinking, data visualization, decision-making, prioritization, business acumen, business case analysis, financial forecasting and modeling, project management, and reporting skills.

Responsibilities

  • Oversee financial analysis and reporting for LOB and finance leadership, providing trends and comparisons on financial matters and focusing on revenue growth, cost management, profitability, cash flow generation, and operational improvement.
  • Review LOB financial performance and provide strategic direction by synthesizing trends, assessing current and future business risks, and preparing, analyzing, and reporting financial results and key metrics.
  • Manage forecasting and/or budgeting and compare current performance against plans, prior periods, and forecasts.
  • Delegate and oversee the preparation of financial management reports, presentations, and ad hoc analyses for LOBs and finance partners.
  • Implement projects and strategic initiatives, including creating processes to automate reporting and delivering process improvements and simplifications.
  • Build, maintain, and manage partner relationships across the Finance division.
  • Implement policies and procedures that support financial integrity, sound controls, and effective procedures.
  • Provide financial oversight and analysis of three GCB segments, covering balance sheet, net interest and fee revenue, segment profitability, expense management, and client profitability.
  • Oversee value-creation ideas to drive performance and support regional and segment leadership in key decisions.
  • Influence business, product, and country partners.

Benefits

  • Affordable, competitive, and flexible benefits supporting teammates' physical, emotional, and financial wellness.
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