Assistant Manager

Year    Mumbai, Maharashtra, India

Job Description


:About UsAt 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. Were 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!Global Business ServicesGlobal Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.Process Overview*Global Financial Control India is part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include General Accounting & Reconciliations, Legal Entity Controllership, Management Reporting & Analysis, Finance Systems Support, Operational Risk and Controls, Regulatory Reporting and Strategic initiatives.*The role involves accounting, month end close, US regulatory reporting and US fed & SEC reporting. The individual will be part of a team responsible for the Product controller activities including management of financial close and supporting certain aspects of regulatory reporting.Responsibilities*Product Controller responsibilities includes but not limited to:

  • Accountable for various day to day responsibilities of the Finance function including accounting processes and reporting, month-end close, audit closure, regulatory reporting, management reporting and variance analysis etc.
  • Submission of data to Regulatory (Fed and SEC etc.) reporting team for consolidation
  • Supporting in Systems Implementation by performing functional and end user testing
  • Assist in implementing change management in the Finance area, through enhancements of reporting processes and structure, streamlining of reporting responsibilities between local and regional teams, and automation of month-end JEs and regulatory and management reporting.
  • Supports achievement of business goals by working on complex activities or projects with others within the team and with various business partners.
Finance Liaison and Change
  • Build relationships across CFO teams including LOB Finance CFOs, Treasury, Liquidity and Tax to understand and resolve accounting and reporting issues.
  • Support change agenda across group and ensure processes are efficient, consistent and sustainable, making best use of technology.
  • Supporting GFC and enterprise Operational Excellence initiatives
Requirements*Education*Chartered Accountant / CPA / MBA FinanceExperience Range*Minimum 3 - 5 of post-qualification experience in Controllership - Finance, Accounting and Regulatory reporting preferably in Banking IndustryFoundational skills*
  • Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint.
  • Driven to learn and develop new skills.
  • Self-motivated and independent having a control mindset.
  • Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes.
  • Able to work in a fast paced, deadline-oriented environment.
  • High level of ownership and attention to detail
  • Proficient in the use of MS Excel, Outlook and MS Access
Desired skills
  • Strong computer skills and Oracle/SAP experiences are preferred.
  • Working knowledge of Emerging Technologies like Alteryx, Tableau, Workiva, etc.
Work Timings*12:30 PM - 9:30 PM (9 hours shift, may require stretch during close period)Job Location*Primary - MumbaiSecondary - Gurugram

Bank of America

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Job Detail

  • Job Id
    JD3457179
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year