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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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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. Process Overview* Global Financial Control India is part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include General Accounting & Reconciliations, Legal Entity Controllership, Management Reporting & Analysis, Finance Systems Support, Operational Risk and Controls, Regulatory Reporting and Strategic initiatives. Job Description* US / EMEA / APAC Legal Entity controllership team is involved in accounting, month end close, local regulatory reporting and US fed & SEC reporting support. The individual will be part of a team responsible for the US GAAP legal entity control activities including regulatory and external reporting, management of financial close, accounting, driving change and operational excellence initiatives. Responsibilities* Responsible for legal entity financial control, includes but not limited to: Accountable for various day to day responsibilities of the Finance function including accounting processes and reporting, month-end close, analysis and settlement of intercompany balances, resolution of intercompany breaks, regulatory reporting, management reporting, variance analysis, local GAAP reporting, close period tech & other issue management, close calls and tracking open items, sending close updates to stakeholders. Support monthly US GAAP financial close and BAC subsidiary governance processes Prepare / review US GAAP and Local GAAP (IFRS) general ledger entries Partner with Treasury, Product Finance, and Line of Business teams to investigate product-specific balance sheet, P&L, and regulatory reporting issues Review product lifecycle events, accounting treatments, and reconciliations to ensure accurate financial and regulatory reporting Analyze monthly financial results and prepare / review internal management reports Prepare / review data submissions for regulatory reporting groups for US GAAP consolidation Assist with the preparation / review of stand-alone external reports Analyze and understand legal entity general ledger balances. Get deeper understanding of key drivers of P&L and balance sheet to identify and correct anomalies Prepare / review monthly board packs & other governance materials relating to financial reporting Understand and manage FX process maps and governance around hedging Support for legal entity forecasting Support process walkthroughs and internal and external audit liaison Ensure monitoring and resolution of intercompany breaks and balance sheet substantiation Identify and escalate control issues, errors and efficiency opportunities Support ad hoc projects such as system implementation, change management Responsible for dealing with stakeholders across functions and hierarchy within the Bank Identifying improvement opportunities and leveraging resources to implement the ideas Ensure adherence to Process & Governance routines Timely response of external & internal queries Ensure adherence to Process Documents including regular updation and execution Preferably an expert on ET tools Requirements* Education* Chartered Accountant / CPA Certifications like IFRS Diploma etc Experience Range* Minimum 10-12 years of post-qualification experience in Controllership - Finance, Accounting and Regulatory reporting preferably in Banking Industry Foundational skills* Legal entity control and reporting experience in a financial services business preferably in the banking industry Strong understanding of banking products, with the ability to assess their accounting, financial reporting, regulatory reporting, and balance sheet impacts Good understanding of banking product flows across Consumer Banking, Wealth Management, Commercial Banking, and Treasury functions Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint Driven to learn and develop new skills Dynamic, high energy, solid work ethic, willing to take on new initiatives Self-motivated and independent having a control mindset Able to work in a fast paced, deadline-oriented environment High level of ownership and attention to detail Ability to apply sound judgment, provide effective challenge and display confidence to challenge Ability to self-manage and prioritize, pursue goals and consistently deliver results Flexibility and good negotiations skills Able to excel and work effectively in a cross-functional team structure Proficient in the use of Excel, Word and MS Access Desired skills Hands‑on experience using Microsoft 365 Copilot or equivalent generative AI tools to accelerate writing, analysis, and presentation of business deliverables Ability to frame effective prompts to generate accurate, relevant, and reusable AI outputs Experience leveraging AI for data analysis and insight generation, including variance analysis, trend identification, and preparation of executive‑ready summaries Exposure to Emerging technologies like Alteryx, Tableau, UI Path, etc Experience in Oracle/SAP is preferred Ability to perform product-level variance analysis and explain key drivers impacting financial and regulatory reporting. Exposure to multiple banking product lines such as Deposits, Credit Cards, Commercial Lending, Wealth Management, and Investment Products. Sound judgment and risk awareness, including the application of appropriate checks, controls, and human review when leveraging tools, data, or automated outputs Ownership and accountability for end‑to‑end outcomes, quality, and timelines, with proactive escalation of risks and issues Problem‑solving mindset, with the ability to analyse complex issues, apply sound judgment, and propose practical solutions in ambiguous or evolving situations Learning agility and change readiness, with comfort in adapting to new tools, processes, and ways of working, including effective use of AI‑enabled tools where relevant Strong collaboration and executive‑level communication skills, with the ability to work effectively across teams, functions, and geographies using clear, concise, and professional communication Work Timings* 9 hours shift between 07:30 am to 10:30 pm IST depending on the region supported (US/EMEA/APAC). Need to be flexible on month end. Job Location* Mumbai / Gurugram 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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.
Ghr
GURUGRAM HARYANA, India
Senior Manager.
LEADERSHIPSALES & MARKETING