Gurugram, IND
10 hours ago
Team Leader
Team Leader Gurugram, India **Job Description:** **About us*** 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! **Global Business Services*** Global 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 the global delivery footprint of the bank’s Global Financial Control function within the CFO group and is responsible for multiple functions including U.S. and Regional Legal Entity Controllership, Regulatory Reporting, Balance Sheet Reconciliations, Tax Accounting & Compliance, Operational Risk & Controls Oversight, Finance Change & Production Services and Data Management. **Job Description*** The role involves reporting, analysis, accounting, data validation and liaising with various stakeholders. **Responsibilities*** Finance analyst position responsibilities will include any of the following: + Responsible for various day to day accounting processes, financial analysis, financial and management reporting + Accountable for application of financial principles, ability to read and comprehend financial reports and conduct & conclude analysis. + Responsible for data dictionaries/conformance to instructions and /or preparation of various regulatory reports, documentation, interpretation and communication of regulatory reporting requirements + Perform Legal Entity tax forecasts; review tax journal entries, tax account analysis and annual tax expense true-up & variance explanations. + Performing reconciliations of Balance Sheet accounts adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS); investigate & report out any breaks. + Supporting in systems Implementation and enhancements + Responsible for executing changes to finance systems and ensuring all financial accounting & reporting systems and applications are operating smoothly from a functional perspective. + Ensuring adherence to financial data standards and quality of data + Support risk management, controls & compliance processes including risk performance monitoring & tracking, controls validation & reviews, SOX compliance, regulatory reports testing & attestation and reconciliation reviews. + Project work related to process improvement and automation of processes. + Supporting in project management and various team initiatives + Data collation and liaising with various stakeholders. + Stakeholder dealing, liaising with various teams. **Education*** Chartered Accountant Certifications If Any – NA **Experience Range*** 0 – 2 years of experience **Foundational Skills*** + Basic working knowledge of reporting, analysis, accounting and various finance functions + Ability to understand the financial statements + Fundamental understanding of risk management and internal controls + Excellent written and verbal communication skills. + Ability to effectively manage multiple priorities. + Able to work in a fast-paced environment. + Proficient in the use of Excel, Word and PowerPoint + Ability to assimilate large amounts of information quickly and to understand complex methodologies and issues. + Highly motivated, able to work independently, self-starter; and problem/solving/analytical. **Desired skills*** + Knowledge of US GAAP accounting standards + Good knowledge of financial / banking products (derivatives, swaps, interest, bonds, credit, etc.) + Working knowledge of Oracle/SAP, SQL, Tableau, SharePoint would be preferred. **Work Timings*:** Between 7:00 AM – 10:30 PM (Standard shift is 9 Hrs, expectation to stretch during critical activity periods like Month Close) **Job Location*** Gurugram Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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