
High Salary Team Leader
4 days ago
Overview Bank of America overview BA Continuum India overview Business Overview Bank of America is one of the worlds 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 We are committed to attracting and retaining top talent across the globe to ensure our continued success Along with taking care of our customers we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business LOB and enterprise functions Our employees help our customers and clients at every stage of their financial lives helping them connect to what matters most This purpose defines and unites us Every day we are focused on delivering value convenience expertise and innovation for individuals businesses and institutional investors we serve worldwide BA Continuum is a nonbank subsidiary of Bank of America part of Global Business Services in the bank Process OverviewGlobal Financial Control India is the global delivery footprint of the banks Global Financial Control function within the CFO group and is responsible for multiple functions including U S and Regional Legal Entity Controllership Regulatory Reporting Balance Sheet Reconciliations Tax Accounting Compliance Operational Risk Controls Oversight Finance Change Production Services and Data Management The role involves reporting analysis accounting data validation and liaising with various stakeholders ResponsibilitiesFinance analyst position responsibilities will include any of the following Responsible for various day to day accounting processes financial analysis financial and management reporting Accountable for application of financial principles ability to read and comprehend financial reports and conduct conclude analysis Responsible for data dictionaries conformance to instructions and or preparation of various regulatory reports documentation interpretation and communication of regulatory reporting requirements Perform Legal Entity tax forecasts review tax journal entries tax account analysis and annual tax expense true-up variance explanations Performing reconciliations of Balance Sheet accounts adhering to Account Reconciliation Policy ARP and Account Reconciliation Standards ARS investigate report out any breaks Supporting in systems Implementation and enhancements Responsible for executing changes to finance systems and ensuring all financial accounting reporting systems and applications are operating smoothly from a functional perspective Ensuring adherence to financial data standards and quality of data Support risk management controls compliance processes including risk performance monitoring tracking controls validation reviews SOX compliance regulatory reports testing attestation and reconciliation reviews Project work related to process improvement and automation of processes Supporting in project management and various team initiatives Data collation and liaising with various stakeholders Stakeholder dealing liaising with various teams Foundational Skills Education CA with 0 -2 years of experience Basic working knowledge of reporting analysis accounting and various finance functions Ability to understand the financial statements Fundamental understanding of risk management and internal controls Excellent written and verbal communication skills Ability to effectively manage multiple priorities Able to work in a fast-paced environment Proficient in the use of Excel Word and PowerPoint Ability to assimilate large amounts of information quickly and to understand complex methodologies and issues Highly motivated able to work independently self-starter and problem solving analytical Desired skills Knowledge of US GAAP accounting standards Good knowledge of financial banking products derivatives swaps interest bonds credit etc Working knowledge of Oracle SAP SQL Tableau SharePoint would be preferred Work Timings Between 7 00 AM - 10 30 PM Standard shift is 9 Hrs expectation to stretch during critical activity periods like Month Close Job Location Gurgaon Mumbai
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