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:
Applies technical or product specific accounting knowledge to ensure strong financial controls and reporting output; Approves resolution of accounting exceptions for product / specialty – transaction-level orientation; Review and approve one or more of the following: data, GL balances, disclosures, SEC reporting.
The Transfer Pricing Center of Excellence (“CoE”), a part of the Global Financial Control (GFC)-Corporate Controller organization within the CFO Group, is responsible for calculating, booking, and reporting of multiple Service Fee arrangements for the enterprise, prepare and analyze tax transfer pricing documentations and facilitate tax transfer pricing governance routines. Primary responsibility for this role is to ensure accuracy and timeliness in relevant data sourcing, calculations, journal bookings, reporting, and documentation. Also review day-to-day operations of the India-based team. This role will interface closely with Transfer Pricing Executive in GFC Tax, Legal Entity Controllers and Business Finance Controllers.
Responsibilities:
Perform and review service fee data sourcing, calculations, and bookings.Provide and review analysis and commentary to facilitate service fee reviews.Act as escalation point to resolve operational data or other issues emanating from the team.Provide data and analysis for TP documentation, regulatory and tax audit queries.Work with Corporate Tax and other stakeholders to design and implement new and improved TP models.Senior individual contributor with added responsibilities to oversee operations of the India-based team.Design process controlsIdentify and implement process standardization and improvements.Help recruit, train, and retain resources with adequate skills for the team.Skills and Qualifications:
Minimum10 years experience in Finance/ AccountingBachelors' degree or relevant work experienceDemonstrates ability to influence individuals spread over global teams both with and without direct authorityPrior people management experience idealAccounting and ControllershipExcellent spreadsheet skillsGood working knowledge of financial services including various components like capital, traders, related operationsSelf-driven, curious to learn, assimilate and able to draw conclusionsConfident interactions and presentations over email, phone, video conference and in personTeam playerOrganized, with ability to prioritize demands from multiple stakeholders, and diligent documentation of discussions and learningsFinancial AccountingFinancial AnalysisReportingStakeholder ManagementAttention to DetailContinuous ImprovementData Quality ManagementFinancial ManagementWritten CommunicationsAdvisoryRegulatory RelationsRisk ManagementDesire Skills:
Bachelors' degree in Accounting preferred15+ years experience in Finance/ Accounting preferredCPA preferredAlteryx / Tableau / Power query are a plusAccounting and Controllership background ideally with Tax Transfer Pricing experienceKnowledge of Bank of America’s general ledger environment; added awareness of any subledgers is a plusShift:
1st shift (United States of America)Hours Per Week:
40