About this role
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Global Business Services
Global Business Services supports all Lines of Business and control 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
The CFO India platform provides offshore finance delivery and transformation support to Line of Business (LOB) and Enterprise Finance teams, delivering end-to-end CFO capabilities across financial accounting and close, financial control and compliance, financial planning and analysis, management and regulatory reporting, financial operations, finance systems, and finance change and ledger modernization initiatives.
Global Financial Control India is the global delivery footprint of the bank's Global Financial Control function within the Chief Financial Officer group and is responsible for multiple functions including U.S. and Regional Legal Entity Controllership, Regulatory Reporting, Balance Sheet Reconciliations, Tax Accounting & Compliance, Treasury, Operational Risk & Controls Oversight, Finance Change, Production Services and Data Management.
In short, our focus is to get the numbers right and to work in support of the company's goals, most importantly responsible growth.
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 reportingAccountable 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 requirementsPrepare data submissions for regulatory reporting groups for US GAAP/LOCAL GAAP Assist with the preparation of stand-alone external financialsAnalyse monthly financial results and prepare internal management reportsIdentify and escalate issues, errors and efficiency opportunitiesSupport ad hoc projects such as system implementation, change management Liaising with relevant controllers and responding to queries from external auditors such as PWC / EYSupporting in project management and various team initiativesData collation and liaising with various stakeholders. Requirements
Education
Chartered Accountant (CA) with 0 -2 years of experience
Certifications If Any - NA
Experience Range
0-2 years
Foundational skills
Basic working knowledge of reporting, analysis, accounting and various finance functionsAbility to understand the financial statementsFundamental understanding of risk management and internal controlsExcellent 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 PowerPointAbility 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 standardsGood knowledge of financial / banking products (derivatives, swaps, interest, bonds, credit, etc.)Working knowledge of Oracle/SAP, SQL, Tableau, Alteryx, SharePoint would be preferred.Hands-on experience using Microsoft 365 Copilot or equivalent generative AI tools to accelerate writing, analysis, and presentation of business deliverablesAbility to frame effective prompts to generate accurate, relevant, and reusable AI outputsExperience leveraging AI for data analysis and insight generation, including variance analysis, trend identification, and preparation of executive-ready summariesSound judgment and risk awareness, including the application of appropriate checks, controls, and human review when leveraging tools, data, or automated outputsOwnership and accountability for end-to-end outcomes, quality, and timelines, with proactive escalation of risks and issuesProblem-solving mindset, with the ability to analyze complex issues, apply sound judgment, and propose practical solutions in ambiguous or evolving situationsLearning agility and change readiness, with comfort in adapting to new tools, processes, and ways of working, including effective use of AI-enabled tools where relevantStrong collaboration and executive-level communication skills, with the ability to work effectively across teams, functions, and geographies using clear, concise, and professional communication Work Timings
Between 11:30 AM - 80:30 PM (Standard shift is 9 Hrs, expectation to stretch during critical activity periods like Month Close)
Job Location
Gurugram/Mumbai