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!
General Job Description:
This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations include supporting management in key decision making, and influencing and gaining support from financial analysts.
Line of Business Job Description:
An Individual Contributor responsible to lead the day-to-day finance activities for groups within Employee Technology organization. Activities include strategic and annual planning and implementation, profitability analysis, vendor contract analysis. forecasting and financial reporting. This role is predominately focused on coordinating peer groups within the organization, guiding and advising business partners on financial matters, and partnering with Expense Horizontal. Ability to work independently in a fast paced, results driven environment with changing priorities while maintaining accuracy and attention to detail is a must. Individuals are also actively involved in the execution of processes.
Responsibilities:
Oversees the financial analysis and reporting needed to provide Line of Business (LOB) and finance leadership with trends and comparisons on all financial matters, focusing on maximizing revenue growth, cost management, profitability, cash flow generation, and operational improvementReviews LOBs financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metricsManages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectoryDelegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partnersImplements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic prioritiesBuilds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective proceduresRequired Qualifications:
10 years Finance experiencePrior experience working with and influencing executive level partnersPrior experience with developing forecasting/budgetsStrong communication and relationship building skillsStrong analytical and financial acumenDesired Qualifications:
BA/BS DegreeTechnology or Operations Finance experienceUnderstanding of Technology Initiative process and allocation processPrior Experience in managing/ leading a teamStrong problem solving and analytical abilities (Excel/Essbase)Experience with Hyperion and SAP/EledgerSkills:
Business Process AnalysisFinancial AnalysisFinancial ManagementAnalytical ThinkingCritical ThinkingDecision MakingPrioritizationBusiness AcumenBusiness Case AnalysisShift:
1st shift (United States of America)Hours Per Week:
40