Product/Specialty Controller - Global Financial Control; Global Banking/Equity Investments Controller Team

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 a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Overview:
This job is responsible for financial reporting for a line of business. Key responsibilities include understanding business processes, continuing to develop comprehensive knowledge of accounting activities and reviewing month-end close to accurately reflect business results. Job expectations include partnering with upstream and downstream stakeholders and possessing accounting and financial reporting knowledge.

Line of Business Job Description:

The Global Banking/Equity Investments Controller Team is part of GLEC, within the GFC organization. The teammate in this role will be responsible for a variety of controllership functions, primarily focused on ensuring the accuracy of the books and records. Other functions include providing accounting support for the various product areas and assisting with the preparation and analysis of reportable data used for internal reporting, as well as in external regulatory filings. The team provides product controllership support to Global Banking and Global Strategic & Sustainable Investments and partners with the line of business (LOB), LOB Finance, Operations, Regulatory Reporting, Accounting Policy and other Enterprise control functions. Intellectual curiosity paired with analytical skills and a collaborative mindset will be key to the success in this role.  

• The Chief Financial Officer (CFO) Group is responsible for the overall financial management of our company. This includes accounting, financial and regulatory reporting, balance sheet management, financial planning and analysis, treasury, investor relations, corporate investments and tax

• Global Financial Control (GFC) is responsible for managing and executing consolidated financial and legal entity reporting; interpreting and applying accounting policy and standards; overseeing financial controls and operational risk assessments; managing and maintaining financial data and systems; managing general ledger and sub‐ledger accounting; and supporting tax activities.  In short, our focus in GFC is to get the numbers right and to work in support of the company’s goals, most importantly responsible growth.

• Global Legal Entity Controller (GLEC) is responsible for legal entity controllership activities for the Americas which includes the U.S., Canada, Mexico, Brazil and Nobramex. Also responsible for Compensation and Benefits accounting, Corporate Treasury accounting, Planning and Control controller functions and Legal Entity management activities and providing controller support to Global Banking, Equity Investments and Consumer/GWIM products

Responsibilities:

• Ensures the ledger is accurate for a line of business line

• Adheres to accounting standards

• Partners with upstream and downstream stakeholders

• Comprehends business activities and how they influence accounting and reporting outputs

• Assist with month-end close responsibilities (cash management, transaction accounting/journal entries, new product reviews, etc.)

• Analyze monthly financial results

• Prepare submissions for external regulatory filings; monitor external reporting changes and ensure compliance with established requirements

• Optimize new technology to better serve stakeholders and drive process improvements

• Maintain and enhance data quality controls, as required

• Provide support to business partners

Required Qualifications:

• 3-5 years of finance/accounting experience

• Advanced Excel skills

• Effective and concise communication

• Ability to effectively manage multiple responsibilities/competing priorities

• Detail oriented with strong organizational skills

Desired Qualifications:

• BA/BS Degree preferably in Accounting/Finance

• Financial statement analysis/regulatory reporting experience

• Knowledge of SAP/Oracle

• CPA

• Experience with Alteryx/Tableau

Shift:

Hours Per Week: