Job Description

Process Overview*
The FAKC (Finance and Accounting Knowledge Centre) 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.

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The role involves accounting, month end close, regulatory reporting and US fed reporting support for LEC. The individual will be part of a team responsible for the legal entity control activities, including external reporting, management of financial close, supporting certain aspects of regulatory reporting, driving change and operational excellence

Responsibilities*
Accountable for various day to day responsibilities of the Finance function including accounting processes and reporting, month-end close, analysis and settlement of intercompany balances, regulatory reporting for entities, management reporting and variance analysis, local GAAP reporting
Analyze monthly financial results and prepare internal management reports
Prepare data submissions for regulatory reporting groups for US GAAP consolidation
Assist with the preparation of stand-alone external reports
Analyze and understand legal entity general ledger balances
Support the resolution and forecasting processes
Identify and escalate control issues, errors and efficiency opportunities
Support ad hoc projects such as system implementation, change management

Requirements*

Education*
Chartered Accountant
Certifications If Any

Experience Range*
Minimum 8 years of post-qualification experience in Controllership - Finance, Accounting and Regulatory reporting preferably in Banking Industry

Foundational skills*
Legal entity control and reporting experience in a financial services business preferably in banking industry
Good understanding of line of businesses in banking
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
Dynamic, high energy, solid work ethic, willing to take on new initiatives
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
Able to excel and influence in a cross-functional team structure
Proficient in the use of Excel, Word and MS Access
Exposure to Emerging technologies like Alteryx, Tableau, UiPath, etc

Desired skills
Oracle/SAP experiences are preferred
Education: Any Graduate
Industry: Banking

Skills Required