Bank of America
CFO Senior Legal Entity Controller
Bank of America, Charlotte, North Carolina, United States, 28245
CFO Senior Legal Entity Controller
Charlotte, North Carolina
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. 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!
Job Description:
Oversees (and performs) month-End Close responsibilities, g/l balances and trends; Coordinates / prepares complex Internal/ External (i.e. Regulatory) Reporting on standalone and consolidated LE financial statements; Oversees (and performs) General Ledger Governance Routines; Provides subject matter expertise for LE actions related to impact on legal entity.
The Corporate Accounting & Analysis (CAA) team is part of the Corporate Controller Group. The primary focus of our team is ensuring the consolidated financial close process is completed timely, accurately and well-controlled and culminates with production of key financial statements and executive-level financial information for Bank of America. In addition to executing critical month-end routines, our team is a key stakeholder in a number of CFO-wide projects.
Our business partners include LOB Finance, Balance Sheet Management, Enterprise Capital Management, Legal Entity Controllers and other operational groups.
As part of the responsibilities of the role, the teammate will gain a deeper understanding of how the organization operates, will understand key drivers of financial performance, will develop business partner relationships, and will have significant exposure to senior management through special projects.
Responsibilities include but are not limited to:
Produce monthly financial reporting for executive management
Maintain the underlying support and respond to ad hoc senior management questions
Produce the quarterly Statement of Cash Flows, Statement of Shareholders Equity and Earnings per Share submission for the Form 10-K / 10-Q
Leverage emerging technology to improve efficiency and effectiveness of process
Monitor and analyze various financial reporting for accuracy ensuring results are as expected
Perform monthly close routines and produce / review month-end journal entries
Ability to build relationships and collaborate with teammates
Support implementation of new accounting standards / changes
Support Regulatory Reporting, Risk and audit requests / deliverables
Provide guidance to and work with business partners throughout the month
Assist in leading monthly routine meetings
Testing and support of special projects
Transforming ideas into practical plans that address project objectives and permit on-time execution of GFC deliverables
Working with cross-functional teams to deliver high-quality work
Skills and Qualifications:
Minimum 5 years of Accounting / Finance experience
Bachelor’s degree (Finance or Accounting) or relevant work experience
Microsoft Excel skills
Strong written and oral communication, presentation, analytical and technical skills
Strong business partner skills with ability to meet multiple deadlines
Analytical and problem solving abilities
Strong initiative and drive for results
Financial Accounting
Financial Analysis
Reporting
Risk Management
Stakeholder Management
Continuous Improvement
Executive Presence
Inclusive Leadership
Regulatory Compliance
Relationship Building
Attention to Detail
Coaching
Policies, Procedures, and Guidelines Management
Project Management
Regulatory Relations
Desired Skills:
Master's degree preferred
CPA
Experience in the Financial Services Industry
Oracle and/or SAP eLedger experience
Workiva, Alteryx and Tableau experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
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 and affirmative action, 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 "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.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 .
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.
Charlotte, North Carolina
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. 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!
Job Description:
Oversees (and performs) month-End Close responsibilities, g/l balances and trends; Coordinates / prepares complex Internal/ External (i.e. Regulatory) Reporting on standalone and consolidated LE financial statements; Oversees (and performs) General Ledger Governance Routines; Provides subject matter expertise for LE actions related to impact on legal entity.
The Corporate Accounting & Analysis (CAA) team is part of the Corporate Controller Group. The primary focus of our team is ensuring the consolidated financial close process is completed timely, accurately and well-controlled and culminates with production of key financial statements and executive-level financial information for Bank of America. In addition to executing critical month-end routines, our team is a key stakeholder in a number of CFO-wide projects.
Our business partners include LOB Finance, Balance Sheet Management, Enterprise Capital Management, Legal Entity Controllers and other operational groups.
As part of the responsibilities of the role, the teammate will gain a deeper understanding of how the organization operates, will understand key drivers of financial performance, will develop business partner relationships, and will have significant exposure to senior management through special projects.
Responsibilities include but are not limited to:
Produce monthly financial reporting for executive management
Maintain the underlying support and respond to ad hoc senior management questions
Produce the quarterly Statement of Cash Flows, Statement of Shareholders Equity and Earnings per Share submission for the Form 10-K / 10-Q
Leverage emerging technology to improve efficiency and effectiveness of process
Monitor and analyze various financial reporting for accuracy ensuring results are as expected
Perform monthly close routines and produce / review month-end journal entries
Ability to build relationships and collaborate with teammates
Support implementation of new accounting standards / changes
Support Regulatory Reporting, Risk and audit requests / deliverables
Provide guidance to and work with business partners throughout the month
Assist in leading monthly routine meetings
Testing and support of special projects
Transforming ideas into practical plans that address project objectives and permit on-time execution of GFC deliverables
Working with cross-functional teams to deliver high-quality work
Skills and Qualifications:
Minimum 5 years of Accounting / Finance experience
Bachelor’s degree (Finance or Accounting) or relevant work experience
Microsoft Excel skills
Strong written and oral communication, presentation, analytical and technical skills
Strong business partner skills with ability to meet multiple deadlines
Analytical and problem solving abilities
Strong initiative and drive for results
Financial Accounting
Financial Analysis
Reporting
Risk Management
Stakeholder Management
Continuous Improvement
Executive Presence
Inclusive Leadership
Regulatory Compliance
Relationship Building
Attention to Detail
Coaching
Policies, Procedures, and Guidelines Management
Project Management
Regulatory Relations
Desired Skills:
Master's degree preferred
CPA
Experience in the Financial Services Industry
Oracle and/or SAP eLedger experience
Workiva, Alteryx and Tableau experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
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 and affirmative action, 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 "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.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 .
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.