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Lead Financial Reporting Analyst

2 months ago

Charlotte, North Carolina, United States Bank of America Full time
Job Overview:

At Bank of America, our mission is to enhance financial well-being through every connection we foster. We are committed to Responsible Growth, which reflects our dedication to serving our clients, colleagues, communities, and shareholders effectively every day.

We strive to create an inclusive and diverse workplace, welcoming individuals from various backgrounds and experiences. Our investment in our teammates and their families is evident through our competitive benefits aimed at supporting their overall well-being—physically, emotionally, and financially.

We believe in collaboration while also offering flexibility tailored to the diverse roles within our organization.

Joining Bank of America means embarking on a fulfilling career filled with opportunities for learning, growth, and impactful contributions.

Core Responsibilities:
The primary focus of this role is to develop and uphold the company's accounting policies and procedures related to regulatory and financial reporting. This position entails researching intricate accounting transactions to ensure adherence to accounting standards and regulatory requirements. The successful candidate will engage with various stakeholders across the organization.

Key Duties:
  • Collaborate with fellow Accounting Policy professionals to conduct and document technical research, providing interpretive guidance on both existing and emerging regulatory frameworks and accounting standards.
  • Review new products and complex transactions to ensure compliance with GAAP and regulatory reporting standards.
  • Maintain an advanced understanding of GAAP and regulatory requirements, leading in-house training sessions to share knowledge.
Qualifications:
  • 3-5 years of experience with a proven track record in accounting.
  • Bachelor's degree or equivalent professional experience.
  • Familiarity with Generally Accepted Accounting Principles (GAAP).
  • Ability to analyze and interpret complex transactions.
  • Extensive knowledge of US regulatory reporting requirements in the banking and financial services sector.
  • Strong interpersonal skills with the ability to influence and collaborate across various levels of the organization.
  • Demonstrated experience in implementing accounting standards across teams.
  • Excellent communication skills, both written and verbal, with the ability to engage with diverse audiences.
  • Strong organizational and time management abilities.
Preferred Qualifications:
  • CPA or advanced degree in Accounting or MBA.
  • Experience in Regulatory and Accounting Policy within a large financial institution.
  • Background with a major public accounting firm.
Essential Skills:
  • Analytical Thinking
  • Controls Management
  • Financial Accounting
  • Financial Analysis
  • Reporting
  • Attention to Detail
  • Oral and Written Communication
  • Policy and Procedure Management
  • Risk Management
  • Continuous Improvement
  • Project Management
  • Regulatory Compliance
  • Stakeholder Management
  • Technical Accounting Research and Analysis
Work Schedule:
1st shift (United States of America)

Weekly Hours:
40