Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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.
This job is responsible for serving for supporting the enterprise-wide initiative accounting processes. This role provides high visibility to internal stakeholders and will provide opportunities for career growth within the position. Throughout the tenure of the role, the teammate should gain knowledge, exposure, and overall business acumen to support bank-wide initiative forecasting and reporting (total of $4B annually). The individual will need to be able to work with technology managers and BFOs to understand business changes to the forecast including adherence to targets. Additionally, this analyst will lead or support process improvement efforts.
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 metricsDevelops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partnersCreates forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectorySupports reporting and analysis for key constituents and management, which may include Board of Directors, Investor Relations, and/or various regulatory agenciesCollaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective proceduresSupports 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
Skills:
Required Qualifications:
Minimum 2 years of Finance experienceIntermediate knowledge of ExcelAbility to prioritize and manage multiple projects with tight deadlinesStrong analytical skills with the ability to research and solve problemsAbility to work independently with limited oversightDesired Qualifications:
Bachelor's degree in Finance or Accounting Two years’ experience with Alteryx, SQL, and/or TableauShift:
1st shift (United States of America)Hours Per Week:
40