Senior Financial Analyst – Reporting Position Available In Mecklenburg, North Carolina

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Responsible for finance activities involving financial reporting and accounting policy. Must have strong knowledge of the financial reporting requirements and guidelines to maintain records. Prepares required financial and regulatory reports including both foreign and domestic information. Supports achievement of business goals by working on more complex activities or projects with others within the unit and with partners. Leads projects and coordinates resources to resolve data and reporting issues. May provide supervision to a small staff of domestic and international team members. Ability to manage business partner relationship. The Senior Financial Analyst position will also be responsible for executing complex reporting processes to support the firm’s delivery of accurate financials. Must have a strong desire to support critical, high profile financial reporting deliverables through report preparation, review, and analysis. This position is also responsible for interpretation, documentation, research, and extensive collaboration with business partners to ensure accuracy and conformance with GAAP and U.S. regulatory reporting requirements. Additionally, this role will provide ad hoc support and subject matter expertise for projects, audits, governance routines, and other activities across CFO. This role is also responsible for the preparation of financial reports for multiple standalone legal entities. Other key responsibilities include performing and documenting control processes and variance analysis, preparing data submissions, and supporting change initiatives. Key expectations include preparing and analyzing financial reports, performing risk analysis, working with a team, and communicating effectively.

Responsibilities:

Prepares complete and accurate financial reporting in a timely manner. Prepare, review, and analyze data reported on U.S. regulatory reports. Execute key reporting and process controls, including period-over-period trends, variance analysis, and cross report reconciliations. Validate conformance with reporting instructions through a deep understanding of requirements and effective challenge of results. Drive identification, remediation, monitoring, and escalation of issues impacting reporting as well as partner with Technology and Data Management Teams to drive improvements in data quality. Establish working relationships with data owners across multiple lines of business to support complete and timely data submissions. Provide support and subject matter expertise for data quality improvement and sourcing automation projects by communicating reporting requirements, performing UAT testing, and other activities as needed. The candidate must demonstrate initiative, a commitment to continuous learning, and the ability to adapt to changing demands and requirements. Provide guidance for interpreting and understanding complex reporting requirements. Prepares reconciliations and variance analysis for daily/monthly. Works with internal control functions and external auditors Assists with examination inquiries. Supports change projects in testing and documentation. Supports Operational Excellence initiatives to streamline processes improvements.

Required Qualifications:

5+ years of professional experience in Financial Reporting Analytical, critical thinking and problem-solving capabilities Strong technical accounting and finance skills and knowledge Able to effectively manage multiple priorities while working both independently and as part of a team. Excellent written and verbal communication skills

Desired Qualifications:

Degree in Accounting/Finance preferred. Banking, Auditing, or relevant experience

Skills:

Analytical Thinking Controls Management Financial Accounting Financial Analysis Reporting Attention to

Detail Oral Communications Policies, Procedures, and Guidelines Management Risk Management Written Communications Continuous Improvement Interpret Relevant Laws, Rules, and Regulations Project Management Regulatory Compliance Stakeholder Management Shift:

1st shift (United States of America)

Hours Per Week:

40

Privacy Statement:

https://careers.bankofamerica.com/en-us/privacy-notice 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Diversity and Inclusion Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

Pay Transparency:

https://careers.bankofamerica.com/en-us/pay-transparency