Team Leader at Bank of America

Gurugram, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

12 Sep, 26

Salary

0.0

Posted On

14 Jun, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Accounting, Regulatory Reporting, Tax Accounting, Balance Sheet Reconciliation, Risk Management, SOX Compliance, Excel, Word, PowerPoint, US GAAP, Generative AI, Oracle, SAP, SQL, Tableau

Industry

Banking

Description

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 reporting •Accountable 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 requirements •Perform Legal Entity tax forecasts; review tax journal entries, tax account analysis and annual tax expense true-up & variance explanations. •Performing reconciliations of Balance Sheet accounts adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS); investigate & report out any breaks. •Supporting in systems Implementation and enhancements •Responsible for executing changes to finance systems and ensuring all financial accounting & reporting systems and applications are operating smoothly from a functional perspective. •Ensuring adherence to financial data standards and quality of data •Support risk management, controls & compliance processes including risk performance monitoring & tracking, controls validation & reviews, SOX compliance, regulatory reports testing & attestation and reconciliation reviews. •Project work related to process improvement and automation of processes. •Supporting in project management and various team initiatives •Data collation and liaising with various stakeholders. •Stakeholder dealing, liaising with various teams. 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 functions •Ability to understand the financial statements •Fundamental understanding of risk management and internal controls •Excellent 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 PowerPoint •Ability 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 standards •Good 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 deliverables •Ability to frame effective prompts to generate accurate, relevant, and reusable AI outputs •Experience leveraging AI for data analysis and insight generation, including variance analysis, trend identification, and preparation of executive‑ready summaries •Sound judgment and risk awareness, including the application of appropriate checks, controls, and human review when leveraging tools, data, or automated outputs •Ownership and accountability for end‑to‑end outcomes, quality, and timelines, with proactive escalation of risks and issues •Problem‑solving mindset, with the ability to analyze complex issues, apply sound judgment, and propose practical solutions in ambiguous or evolving situations •Learning agility and change readiness, with comfort in adapting to new tools, processes, and ways of working, including effective use of AI‑enabled tools where relevant •Strong 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 7:00 AM – 10:30 PM (Standard shift is 9 Hrs, expectation to stretch during critical activity periods like Month Close) Job Location* Mumbai / Gurugram 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

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Responsibilities

The role focuses on day-to-day accounting processes, financial analysis, and the preparation of regulatory reports. It also involves managing balance sheet reconciliations, ensuring SOX compliance, and supporting finance system enhancements.