Senior Finance Analyst - Business Support

Bank of AmericaCharlotte, NC
7dOnsite

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.

Requirements

  • Attention to Detail
  • Business Process Analysis
  • Collaboration
  • Data Quality Management
  • Reporting
  • Data Visualization
  • Financial Analysis
  • Financial Forecasting and Modeling
  • Financial Processing
  • Prioritization
  • Analytical Thinking
  • Business Acumen
  • Business Case Analysis
  • Critical Thinking
  • Decision Making
  • Experience with, or demonstrated aptitude for developing analytical tools
  • Business and technical acumen required to link financial outcomes to technology infrastructure drivers – Cloud, Network, Financial Services, etc.
  • Understanding of Accruals versus Cash Basis
  • Minimum of 5 years of experience developing complex financial/business analysis, preferably in support of a technology business.
  • Strong Excel and PowerPoint skills
  • BS or BA in Business Management, Finance, Accounting, or Economics or equivalent

Nice To Haves

  • Experience with accruals, large data sets, and advanced financial tools including Excel (macros, pivot tables, look-ups, and filtering)
  • Experience with PMMT, WMT and TPAS tools strongly preferred
  • Strategic thinker with the ability to understand complex business challenges and potential solutions
  • SAP / eLedger / Essbase
  • Advanced reconciliation experience
  • Strong computer system and financial program skills
  • Ability to establish partnerships across the organization including Senior Leaders
  • Ability to independently problem solve, apply reason, take initiative, and use sound judgment
  • Experience in leading and /or working in cross-functional teams to develop and execute project plans.
  • Strong financial and/or business analysis skills and acumen
  • Detail oriented

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
  • Assist senior finance leaders in developing routines, data repositories, and visualizations to support new processes for Forecasting Long-term Anticipated Growth
  • Maintain dashboards and routines used to manage Personnel and Initiative Investment Expenses
  • Provide support and development of overall CTI reporting being provided to Senior Management
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