Business Finance & Control P Global Banking & Markets Finance
Bank of America
Location: Charlotte, North Carolina
Internal Number: 21083342
We're a culture that:
* Believes in responsible growth and has a proven dedication to supporting the communities we serve.
* Provides continuous training and developmental opportunities to help people achieve their goals, whatever their background or experience.
* Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients and customers around the world.
* Is committed to advancing our tools, technology and ways of working. We always put our clients first to meet their evolving needs
The Chief Financial Officer (CFO) Group is responsible for the overall financial management of our company. This includes accounting, financial and regulatory reporting, balance sheet management, financial planning and analysis, treasury, investor relations, corporate investments and tax
Global Banking and Markets Finance strives to be a valued business partner to the company's trading, corporate and institutional banking businesses. Our first priority is to operate a series of key control processes to ensure the integrity of GBAM's financial results. Then we build on these activities to offer performance insight to business leaders. The assets of Finance are its people.
Business Finance Officers/Control (BFO/BFC) Partners directly with our Front Office LOBs providing strategic guidance and insight; Performs the product control function to ensure the integrity of our financial results
Team / Overview:
The Accounting Control Group; A central group within GBAM Finance that has responsibility for core accounting processes and controls across Global Markets Finance.
With demonstrated success, you'll have the opportunity to advance in the BFC Product Role, with opportunities available at the Sr. Associate, Lead, and Sr. Lead level, to promote career advancement within the GBAM Finance organization.
Daily P&L & Balance Sheet production
Production of official daily P&L explain and its provision for VaR back testing
Nostro Mapping for the Finman Subledger
Subledger to General Ledger Mapping for Finman, EBAR and CBAR
Preparing Month-end Entries
Analyzing Intercompany Breaks during Month-end for Resolution
Mitigates operational risk
Reviews processes with an Operational Excellence mindset
5+ years of Finance or Industry relevant or related experience
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.