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Senior Financial Analyst - Consumer, GWIM and Staff Support Non Personnel Expense Horizontal

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Bank of America

2021-12-03 12:44:39

Job location Pennington, New Jersey, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Job Description:

Role offers a unique Finance experience and a broad scope of responsibilities:

  • The Expense Horizontal function is a new team alignment with the goal of breaking down historical silos of work and combining similar work functions in order to simplify and create more efficient processes across Consumer/GWIM teams.
  • Role provides opportunities to create new processes and innovate on best practices to support Non Personnel Expense (drive change and challenge status quo).
  • Opportunity to create a sustainable and repeatable process that supports continuous improvement while providing ongoing financial support to Consumer & GWIM BFOs.
  • Throughout the tenure of the role the teammate will gain exposure and acumen across all Consumer and GWIM channels and products, and opportunities to develop/improve the following skills: effective communication, financial acumen, leadership, and effective business partnering.

Position overview:

The teammate in this role will be responsible for being the subject matter expert and owner of various P&L expense line items that cover the Consumer & GWIM lines of businesses. The primary focus of the role will include Non-Personnel Expense management responsibilities such as:

  • Month-end close, forecasting, and reporting
  • Prepare, analyze, review, and submit monthly accruals
  • Creating new processes and innovating on best practices to support Non Personnel Expense communication and facilitation with numerous product/channel/horizontal finance partners
  • Proactive communication/partnership with BFOs, LOBs, and supporting groups
  • Proactive search for opportunities to automate key functions/reports and eliminate unnecessary work

Required Skills

  • Bachelor's degree required, accounting or finance preferred
  • Advanced Excel, modeling, data manipulation
  • Strong communication, organization, presentation, analytical, and leadership skills
  • Analytical Abilities / Financial Acumen - Systematic application of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at well-founded logical conclusions. Understanding of accounting (debits / credits)
  • Builds Partnerships - Builds broad-based business relationships across the organization.
  • Strong business acumen

Desired Skills

  • Financial planning, analysis and reporting
  • Essbase
  • SAP/eLedger
  • Applies business knowledge to solve business problems and create new opportunities
  • Financial statement analysis experience

Job Band:

H5

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

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Job Description:

Role offers a unique Finance experience and a broad scope of responsibilities:

  • The Expense Horizontal function is a new team alignment with the goal of breaking down historical silos of work and combining similar work functions in order to simplify and create more efficient processes across Consumer/GWIM teams.
  • Role provides opportunities to create new processes and innovate on best practices to support Non Personnel Expense (drive change and challenge status quo).
  • Opportunity to create a sustainable and repeatable process that supports continuous improvement while providing ongoing financial support to Consumer & GWIM BFOs.
  • Throughout the tenure of the role the teammate will gain exposure and acumen across all Consumer and GWIM channels and products, and opportunities to develop/improve the following skills: effective communication, financial acumen, leadership, and effective business partnering.

Position overview:

The teammate in this role will be responsible for being the subject matter expert and owner of various P&L expense line items that cover the Consumer & GWIM lines of businesses. The primary focus of the role will include Non-Personnel Expense management responsibilities such as:

  • Month-end close, forecasting, and reporting
  • Prepare, analyze, review, and submit monthly accruals
  • Creating new processes and innovating on best practices to support Non Personnel Expense communication and facilitation with numerous product/channel/horizontal finance partners
  • Proactive communication/partnership with BFOs, LOBs, and supporting groups
  • Proactive search for opportunities to automate key functions/reports and eliminate unnecessary work

Required Skills

  • Bachelor's degree required, accounting or finance preferred
  • Advanced Excel, modeling, data manipulation
  • Strong communication, organization, presentation, analytical, and leadership skills
  • Analytical Abilities / Financial Acumen - Systematic application of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at well-founded logical conclusions. Understanding of accounting (debits / credits)
  • Builds Partnerships - Builds broad-based business relationships across the organization.
  • Strong business acumen

Desired Skills

  • Financial planning, analysis and reporting
  • Essbase
  • SAP/eLedger
  • Applies business knowledge to solve business problems and create new opportunities
  • Financial statement analysis experience

Job Band:

H5

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:
Role offers a unique Finance experience and a broad scope of responsibilities:

  • The Expense Horizontal function is a new team alignment with the goal of breaking down historical silos of work and combining similar work functions in order to simplify and create more efficient processes across Consumer/GWIM teams.
  • Role provides opportunities to create new processes and innovate on best practices to support Non Personnel Expense (drive change and challenge status quo).
  • Opportunity to create a sustainable and repeatable process that supports continuous improvement while providing ongoing financial support to Consumer & GWIM BFOs.
  • Throughout the tenure of the role the teammate will gain exposure and acumen across all Consumer and GWIM channels and products, and opportunities to develop/improve the following skills: effective communication, financial acumen, leadership, and effective business partnering.

Position overview:

The teammate in this role will be responsible for being the subject matter expert and owner of various P&L expense line items that cover the Consumer & GWIM lines of businesses. The primary focus of the role will include Non-Personnel Expense management responsibilities such as:

  • Month-end close, forecasting, and reporting
  • Prepare, analyze, review, and submit monthly accruals
  • Creating new processes and innovating on best practices to support Non Personnel Expense communication and facilitation with numerous product/channel/horizontal finance partners
  • Proactive communication/partnership with BFOs, LOBs, and supporting groups
  • Proactive search for opportunities to automate key functions/reports and eliminate unnecessary work

Required Skills

  • Bachelor's degree required, accounting or finance preferred
  • Advanced Excel, modeling, data manipulation
  • Strong communication, organization, presentation, analytical, and leadership skills
  • Analytical Abilities / Financial Acumen - Systematic application of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at well-founded logical conclusions. Understanding of accounting (debits / credits)
  • Builds Partnerships - Builds broad-based business relationships across the organization.
  • Strong business acumen

Desired Skills

  • Financial planning, analysis and reporting
  • Essbase
  • SAP/eLedger
  • Applies business knowledge to solve business problems and create new opportunities
  • Financial statement analysis experience


Shift:

1st shift (United States of America)

Hours Per Week:

40

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