Bank of America Hiring for Accounting Reconciliation Control Specialist at Riverside, RI Full Time

Job Description:

The Global Internal Reconcilement & Control (GIRC) organization is within the Corporate Controller group in CFO. The team consists of 180+ employees located in Hyderabad, Mumbai and Gurugram, India and Providence, Rhode Island. Our key priority is performing balance sheet GL and bank owned DDA reconciliations on behalf of both Finance and lines of business in compliance with the Enterprise Account Reconciliation Policy, and subsequent Frontier Certification reporting and sign off. The team is also responsible for identifying any risks associated with the reconciliations performed, self-reporting them to the Global Reconciliation Governance team and working with their LOB partners through issue resolution. There are over 6,000 reconciliations performed in total, and new reconciliations are added each year as new lines of business approach GIRC for their services.

The analyst will obtain the appropriate ledger, sub ledger and activity support and complete a thorough reconciliation, document evidence of the reconciliation and explain any reconciling items. On a monthly basis, the analyst will report details of his/her reconciliations in the Frontier Certification system and provide attestation that all policy requirements were complied with. Most of the analyst’s interactions will be with his/her internal team and direct LOB partners. The analyst will be introduced to new business partners as part of the Account Migrations process which brings in new reconciliations to be performed by GIRC. In these instances, the analyst will work with the project team to onboard new reconciliations to be added to their portfolio. This role will present development opportunities in the areas of financial analysis, business partnering, process improvement and issue resolution.

Required Skills:

• 1-2 years experience in financial/accounting industry

• Comfort working with complex Financial Products such as General Ledger

• Intermediate level experience with Excel

• Experienced in business partnering and resolving issues

• Strong communication skills and Self-starter; able to quickly learn new concepts and operate with limited supervision

• Ability to participate in projects with guidance from project lead

Desired Skills:

• BS/BA – Finance/Accounting preferred

• SAP/eLedger, Oracle GL

• Experience performing GL reconciliations to sub ledgers or bank statements

• Experienced in general ledger research

• Experience with documentation of a financial process

Job Band:

H6

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

2000