Accounting Specialist III

3 hours ago

College Park, Maryland, United States Bank of America Full time

Job Description:

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us
 

Job Description:
This job is responsible for resolving operational accounting functions and issues in accordance with standard procedures. Key responsibilities include supporting the analyses of issues related to all operational accounting functions, such as general accounting, accounts payable, and accounts receivable. Job expectations include performing analytical research and leveraging judgment to make informed decisions using accounting systems and tools, following established processes, and handling exceptions and escalations within the Line of Business.

Responsibilities:

  • Reconciles bank accounts, posts information and balances general or subsidiary ledgers, processes payments, deposits, and transactions, and compiles segments of monthly closings
  • Demonstrates an understanding of workflow processes and adheres to Service Level Agreements and federal and state laws, rules, and regulations
  • Applies advanced analysis and adheres to operational accounting procedures, processes, and techniques to meet the requirements of the position
  • Supports the execution of the end-to-end workflow process by using various processing/accounting systems and tools
  • Assists with researching and analyzing procedures, cases, and situations as they arise

Skills:

  • Business Acumen
  • Financial Accounting
  • Project Management
  • Research
  • Written Communications
  • Analytical Thinking
  • Attention to Detail
  • Collaboration
  • Regulatory Compliance
  • Adaptability
  • Business Process Analysis
  • Critical Thinking
  • Issue Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Required Background

Must be a current Year Up intern at Bank of America

Shift:

1st shift (United States of America)

Hours Per Week: 

40

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