CA NeWs Beta*: Vacancy for CA Inter in Bank of America

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Tuesday, July 26, 2016

Vacancy for CA Inter in Bank of America

Job description

Job Description:
Overview * (Bank of America overview, BA Continuum India overview, Business Overview)
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. BA Continuum is a nonbank subsidiary of
Bank of America, part of our Global Delivery Center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses and institutional investors we serve worldwide. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.
Process Overview*
This Team is responsible for providing relevant, timely and accurate financial reporting and analysis in order to ensure a strong foundation for decision making at all levels of the organization. Manage budget and forecast information for assigned groups. Ensure effective understanding, analysis, and reporting of key metrics. Provide strategic support to senior management including preparing, financial presentations and budgetary analysis, benchmarking comparisons, driving cost reduction initiatives and other special projects as requested from time to time. Contribute to optimal business decision making by providing financial insights and support to management.
Job Description*
Individual will be part of Controllership Team (under the Corporate Finance function) and will be responsible for preparing balance sheet schedules, risk reporting, reconciliation, banking, fund management and supporting audit.
The role will involve working on SAP E-ledger Platform, EZREC tool, retrieving various reports, preparing and uploading journal entries, analyze financial information, coordination with stake holders for resolution of open items, drive accuracy in accounting as per chart of accounts and financial reporting.
Responsibilities*
Understand GFC policy and prepare the Balance Sheet Schedules as per the policy. GFC sign off in the EZREC tool Preparation of Bank Reconciliation Statement. Risk score card reporting. Preparation of liquidity forecast for placement of funds. Placement of fixed deposits and arranging for fund transfer as per requirement. Arranging for bank guarantees and registration of charges. Calculation of accrued interest on fixed deposits. Preparation of Audit Schedules
Requirements*
  • Education- CA (Inter)/CA / MBA (Finance)
  • Certifications If Any
  • Experience Range* - 2-4 years of relevant work experience
  • Mandatory skills* -
    •  Accounting and book keeping
      • MS Excel/PowerPoint skills
      • Analysis & reporting skills
      • ERP Exposure
      • Strong communication skills
  • Desired skills* -
    • Banking knowledge
    • Timeline oriented
Work Timings- 10 a.m. to 7 p.m.
Job Location- Gurgaon, Hyderabad, Mumbai
Mandatory Fields
Posting Date: 26/07/2016
Location: Gurgaon - India, Hyderabad - India
Full / Part-time: Full time
- See more at: http://careers.bankofamerica.com/job-detail/16031900/global/global/team-leader#sthash.mDDjAFqv.dpuf

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