Regional Banking & Wealth Management Finance Manager - Planning and Analysis

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 Summary:

This job is responsible for directing the day-to-day finance activities involving the Lines of Business financial performance and includes consolidation and management of the bank's month-end close, quarter-end close, capital approval process and strategic business partnering. Key responsibilities include overseeing the consolidation and analysis of profitability, financial reporting and supporting strategic business reviews. Job expectations include managing relationships, supporting management in key decision making and influencing and coordinating deliverables across teams.

Additional Information:

This role is on the Financial Planning & Analysis (FP&A) team which is a part of the Regional Banking & Wealth Management Finance organizations. Our primary focus is to provide financial reporting and analysis to line of businesses, CFOs, and senior management.

Responsibilities:

• Directs the team's the day-to-day activities and reviews related to the Lines of Business (LOB) financial performances, assisting with synthetizing key trends, assessing current and future business risks, and preparing, analyzing and reporting on financial results and key metrics

• Manages close process from a LOB and consolidated perspective and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory

• Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities

• Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the planning and forecasting process, financials, sound controls, and effective procedures

• Exhibits strong attention to detail and applies analytical thinking, influence and collaboration with key stakeholders in the LOBs and across CFO to effectively handle competing priorities

Additional Responsibilities:

• Process and Model Ownership

• Hierarchy Control & Maintenance

• Process Improvement

Required Qualifications:

• Minimum of 5+ years of financial analysis experience

• Strong business partnering experience / skills including the ability to interact, communicate and influence equally well within all levels of an organization

• Strong organizational skills and be able to work independently

• Strong written and oral communications skills with excellent attention to detail and ability to connect dots across a large organization

• Demonstrates intellectual curiosity and be able to communicate effectively in a matrix organization

• Self-starter, able to work in a fast paced, deadline driven environment

• Proven success in leading and mentoring a team without direct reports

Desired Qualifications:

• Bachelor's degree (preference in finance, accounting or related field)

• Familiarity with eLedger, Essbase, Excel, Emerging technology such as Alteryx, and ForecastConnect

• Analytical Abilities/Financial Acumen/Problem Solving

Skills:

• Analytical Thinking

• Attention to Detail

• Financial Accounting

• Business Analytics

• Critical Thinking

• Financial Forecasting and Modeling

• Reporting

• Business Acumen

• Influence

• Prioritization

• Problem Solving

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