Finance Manager - Planning and Analysis

Bank of America•Charlotte, NC

4d•Onsite

About The Position

At Bank of America, this role directs day-to-day finance activities involving month-end close, planning, forecasting, and capital approval processes. It oversees consolidation and analysis of forecasts, profitability, and financial reporting, supports strategic business reviews, manages planning and analysis partner relationships, and supports management decision-making. The role also influences financial analysts and coordinates deliverables with partners. The Finance Manager serves as 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 execution. The role leads a shared support utility for Software Capitalization and Initiative Planning, including prioritization and team capacity management. It focuses on modernizing processes with stronger data and analytics, automation, and simplified ways of working, in partnership with Business Finance Officers, Technology leaders, and senior Technology Finance leadership.

Requirements

8+ years of experience in Finance, Accounting, Financial Planning & Analysis, or a related financial discipline.
3+ years of experience leading teams and/or managing complex cross-functional processes.
Experience within 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 and processing, scenario planning and analysis, business analytics, consulting, critical thinking, 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+ 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 other relevant advanced degree or certification.
Experience with large-scale financial data, analytical tools, and reporting/visualization platforms.

Responsibilities

Provides leadership, direction, and coaching to profit planning and forecast stakeholders to develop accurate plans and forecasts; reviews business-result drivers and identifies improvement areas.
Directs day-to-day team activities and reviews Lines of Business financial performance; synthesizes trends, assesses current and future business risks, and prepares, analyzes, and reports financial results and key metrics.
Manages forecasting and budgeting from a Lines of Business and consolidated perspective, comparing performance against plans, prior periods, and forecasts to assess performance trajectory.
Implements projects and strategic initiatives, creating processes to automate reporting and delivering process improvements and simplifications.
Builds and manages relationships across Finance and implements policies and procedures that support integrity of planning, forecasting, financials, controls, and procedures.
Applies analytical thinking, attention to detail, influence, and collaboration to handle competing priorities with stakeholders in Lines of Business and across CFO.
Owns the end-to-end Internal Software Capitalization process, including planning and forecasting, actual results, allocations, controls, and ongoing execution; drives transparency, accountability, and process modernization.
Manages a shared support utility across Software Capitalization and Initiative Planning, prioritizing work and managing team capacity to support changing business demands.
Partners with Business Finance Officers and Technology leaders to deliver financial outcomes, understand drivers, resolve issues, and drive accountability for process execution and results.
Partners with the Initiative Planning process owner and Finance stakeholders to maintain connectivity across interdependent processes, data, and deliverables.
Synthesizes complex financial and operational data into actionable insights and communicates results, risks, and recommendations to the GTOF CFO and senior Technology Finance leaders.
Models inclusion; promotes process and data excellence, innovation, simplicity, data-based decision-making, and continuous improvement.
Communicates enterprise decisions, purpose, and results, connecting them to team strategy and priorities.
Ensures risk discipline, controls, and culture are in place to identify, escalate, and debate issues.
Provides inspection, coaching, and feedback to motivate and improve employee performance, where applicable.
Manages expenses and budgets in alignment with objectives and builds organizational talent and bench strength.
Delivers business outcomes by prioritizing, inspecting, and appropriately delegating team work.