Senior Finance Analyst - Legal Entity Controller II

Bank of AmericaCharlotte, NC
2dOnsite

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 supporting accurate and complete financial reporting for specific legal entities and consolidating results. Key responsibilities include facilitating month-end close, posting journal entries, monitoring and resolving out-of-balance intercompany receivables/payables, reviewing the trial balance to address anomalies, and preparing internal/external reporting with commentaries. Job expectations include planning and preparing for each monthly close cycle and the timely execution of all required tasks while maintaining a strong control environment.

Requirements

  • Bachelor’s degree in Accounting or equivalent experience
  • Minimum of 5 years of relevant experience
  • Ability to work in a team environment
  • Ability to partner across the organization to achieve goals
  • Advanced Microsoft Office skills (i.e. Excel, PowerPoint)
  • Strong verbal and written communication skills
  • Strong analytical skills and attention to detail
  • Good presentation skills

Nice To Haves

  • Oracle, and SAP experience
  • Regulation W knowledge /experience
  • Financial services experience

Responsibilities

  • Oversee and process asset addition, retirements, transfers and other maintenance.
  • Review capitalization request to ensure compliance with Fixed Assets Standards and any local GAAP or Tax rules communicated by the local region
  • Monitor accuracy of the depreciation calculation.
  • Monitor asset transfers between Bank and Affiliates to ensure adherence to Reg W section 23A/B requirements as defined by the Affiliate Transactions (Reg W) – Enterprise Policy.
  • Validate that the appropriate business and finance approvals are obtained for all capital expenditures.
  • Identify and implement process standardization and improvements.

Benefits

  • This role is eligible to participate in the annual discretionary plan.
  • Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
  • This role is currently benefits eligible.
  • We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
  • Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.
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