Senior Finance Analyst – Business Support

Bank of AmericaCharlotte, NC
Onsite

About The Position

At Bank of America, the common purpose is to help make financial lives better through the power of every connection, driving Responsible Growth and delivering for clients, teammates, communities, and shareholders. The company is committed to being an inclusive workplace, attracting and developing exceptional talent, supporting teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and making an impact in the communities served. Bank of America maintains an in-office culture with specific requirements for office-based attendance, allowing for an appropriate level of flexibility for teammates and businesses based on role-specific considerations. This Senior Finance Analyst role is responsible for serving as a finance partner to specified Lines of Business (LOBs), 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. The role involves 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
  • Minimum 2 years of 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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