Legal Entity Controller

Job Description:

Job Title: Legal Entity Controller  

Corporate Title: Vice President

Location:  Frankfurt

Company Overview:

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!

Role Description:

This is a fantastic opportunity for a Legal Entity Controller to join an established team of 4 based in Frankfurt.  Working as part of the wider EMEA Finance team, you will work closely with the other EMEA Controllers in managing deliverables, both routine and ad hoc, and including those required by the regulators. You will also have the opportunity to develop in the European financial reporting and regulatory reporting environment, not only in Germany, but also across BENELUX, Sweden and France.

Responsibilities:

• Lead the local HGB production of the annual accounts, “Geschäftsbericht”, “Lagebericht”, “Aufgestellte Abschluss” and lead the teams in the month end closing process

• Help support local legal entity reporting requirements to meet management and board reporting needs working with both local branch management and the wider Legal Entity Controller team in Frankfurt and EMEA

• Interaction with internal and external auditors with regards to the local reporting and local annual accounts. Ensure reporting production for the local statistical reporting is planned and executed in a timely manner with relevant governance

• Ensure required reporting, and supply of data for the local tax returns is planned and executed in a timely manner with the relevant tax partners

• Assist in supporting efforts to ensure that consistent and controlled data is used across the CFO reporting, including internal, regulatory and external financial

• Ensure an appropriate internal control environment is established and is operating effectively within areas of responsibility.  Managing the appropriate escalation of issues arising and raise Self-identified Audit Issues (SIAIs) as required

• Continuously assess and enhance regulatory reporting processes, improving the quality of our regulatory submissions and identifying new approaches to improve efficiencies

• Assist with adhoc projects which are expected to include a diverse range of projects including implementation of new regulatory reporting requirements and strategic regulatory reporting infrastructure

What we are looking for:

• A graduate degree in Accounting, Finance or Business, Germany “BWL”

• Germany qualified accountants will be preferred for this role

• Fluency in German and English is essential

• Accounting and reporting experience gained within a German regulated financial services institution, preferably within a global bank is preferred

• Existing knowledge and experience in regulatory reporting in Germany is preferred

• Control focused with a high level of ownership, confident analytical skills and attention to detail

• Excel proficiency and knowledge of how reporting systems operate

Bank of America

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.