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Senior Manager

Mumbai, , India;

Job Description:

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s leading 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.

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.

We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.

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 individuals, businesses and institutional investors we serve worldwide.

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

The FAKC (Finance and Accounting Knowledge Centre) 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*

The role involves accounting, month end close, regulatory reporting and US fed reporting support for LEC. The individual will be part of a team responsible for the legal entity control activities, including external reporting, management of financial close, supporting certain aspects of regulatory reporting, driving change and operational excellence

Accounting Policy Group Sr .Manager position includes, but is not limited to the following responsibilities:

  • Provide complex accounting guidance to CAO, controllers, GFC staff, LOB CFO's and their staff, in conjunction with senior members of APG
  • Participate in the implementation of new accounting standards and overall accounting changes
  • Provide research and support material to facilitate APG members in their advocacy role on behalf of the bank with accounting standard setters
  • Review and/or write sections of the Corporation's 34 Act SEC filings
  • Participate in the annual review and update of BAC Accounting Policies, or as required.
  • Review of annual financial statements across BAC’s subsidiaries.



Chartered Accountant

 Certifications If Any

Experience Range*

Minimum 10 years of post-qualification experience in of accounting requirements (majority of that experience in a technical accounting advisory)

Foundational skills*

• Strong understanding of accounting standards (IGAAP, US GAAP and/ or IFRS)

  Understanding of Bank regulations including SEC requirements

• Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint

• Ability to understand and research on complex transactions

• Dynamic, high energy, solid work ethic, willing to take on new initiatives

• Self-motivated and independent having a control mindset

• Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes

• Able to work in a fast paced, deadline oriented environment

• Prior Big-4 experience preferred in audit or advisory

Desired skills

• Oracle/SAP experiences are preferred

Work Timings*

11:30 AM to 08:30 PM (Needs to be flexible to accommodate calls with stakeholders)

Job Location*

Mumbai & Gurugram

Learn more about this role

Full time


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