Senior Finance Analyst - Business Support

Bank of America

Charlotte, North Carolina

JOB DETAILS
SKILLS
Accounting, Analysis Skills, Budgeting, Business Analysis, Business Case, Business Processes, Business Skills, Business Support, Data Management, Data Quality, Data Visualization, Detail Oriented, Establish Priorities, Expense Management, Finance, Financial Analysis, Financial Audit, Financial Management, Financial Modeling, Financial Planning, Financial Reporting, Forecasting, Human Resources, Investor Relations, Legal, Metrics, Operational Expenditure (OPEX), Pricing, Process Analysis, Process Development, Process Improvement, Profit & Loss Analysis, Profit & Loss Forecasting, Quality Management, Real Estate, Regulations, Reporting Skills, Risk, Strategic Planning, Talent Management, Team Player, Time Management, Trend Analysis
LOCATION
Charlotte, North Carolina
POSTED
30+ days ago

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 an 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.

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.

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

Job Description:


This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and providing financial analysis and guidance to support key decisions and initiatives. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and generating value creation ideas and new investment business cases. Job expectations include preparing insights to guide management's decision making and evaluating financial performance versus plans, forecasts, and prior periods.

Team Specific Job Description:

Our team is part of Global Expense Management (GEM) with an emphasis on the Staff Support (SS) Finance organization.  Our group teams with the SS Business Finance Officers (BFOs) to manage over $10B in annual expenses covering functions like Risk, Compliance, Legal, Audit, Finance, Human Resources, Real Estate and Enterprise Initiatives. Main activities include consolidation of forecasts, allocations, and month end deliverables, as well as assisting our partners meet their financial objectives through ad hoc analysis and reporting. 

Responsibilities:

  • Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics
  • Develops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partners
  • Creates forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectory
  • Supports reporting and analysis for key constituents and management, which may include Board of Directors, Investor Relations, and/or various regulatory agencies
  • Collaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective procedures
  • Supports new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities

Skills:

  • Attention to Detail
  • Business Process Analysis
  • Collaboration
  • Data Quality Management
  • Reporting
  • Data Visualization
  • Financial Analysis
  • Financial Forecasting and Modeling
  • Financial Processing
  • Prioritization
  • Analytical Thinking
  • Business Acumen
  • Business Case Analysis
  • Critical Thinking
  • Decision Making

Required Qualifications:

  • Bachelor's degree in Finance or Accounting or 2+ years experience with financial planning, analysis and/or reporting.
  • Intermediate technical skills, including Excel
  • Strong attention to detail, commitment to well controlled and accurate operating environment
  • OpEx mindset, deliver process improvements to increase the overall efficiency, effectiveness and consistency of processes
  • Excellent time management skills balancing short term deliverables with long term projects
  • Strong business partnering, work cohesively within a team-oriented environment
  • Analytical thinking, use data to develop creative solutions to business problems

Shift:

1st shift (United States of America)

Hours Per Week: 

40

About the Company

B

Bank of America