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Bank of America
Mumbai, India
(on-site)
Job Function
Financial Services
Team Leader
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Team Leader
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
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. 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!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support 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.
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: B Tech./ MBA/ PGDM / Maters in Economics / Quantitative Technique & Economics/ Mathematics/ Supply Chain/ Operations/ Statistics/ Data Sciences
Location: Students should be willing to work in any locations namely - Mumbai, Chennai, Gurugram, Gandhinagar (GIFT), Hyderabad as per company requirement
Shift : Should be willing to work in any shifts / night shifts as per company requirement
Job ID: 81236149
Please refer to the company's website or job descriptions to learn more about them.
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Median Salary
Net Salary per month
$778
Cost of Living Index
27/100
27
Median Apartment Rent in City Center
(1-3 Bedroom)
$689
-
$1,872
$1,281
Safety Index
56/100
56
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$34
-
$113
$55
High-Speed Internet
$6
-
$17
$10
Transportation
Gasoline
(1 gallon)
$4.54
Taxi Ride
(1 mile)
$0.55
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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