CA/CS/CWA/CFA vacancy in Bank of America

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The Bank of America has invited applications from eligible candidates for the post of Team leader.

The 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.

Job Description

This position is responsible for the FDPS process.

FDPS team works on data pertaining to Entity, Accounts, Center, Trading Partner, Subaccount, etc. They take care of new setup, maintenance, Maps alignment, map changes, and balance movements for such code blocks within SAP in relation to the legacy GL systems. There are 4 sub-processes within FDPS as below:-

Financial Maintenance – Financial maintenance performs maintenance activities like add, move & change of financial dimensions i.e. center & accounts etc.

FIG Maintenance – FIG Maintenance team is involved in clearing the suspense items from the FIG application along with updating new and old mappings in the application.

LED – LED team is involved in assuring that complete and accurate information is maintained in the LED Database.

Production Data Realignment – PDR team takes care of the user’s requests, maps changes, and balance movements. There are multiple time-bound projects that come up in this space.

Responsibilities

Assist with project documentation, SoP creation. Outbound testing/recons (BW to Essbase, SRC Systems)

Excellent knowledge of the FSR Project and its linkage to Consolidation, Elimination, and Simulation Activities.

Continually identify process improvement opportunities. Ensure accuracy and timeliness of reporting as per the calendar.

Actively to be involved in the project from the initial phase and provide ongoing support. Work on process and procedure gaps with LOB to closure. Represent BA Continuum in business partner meetings

Train associates on process and procedures and provide ongoing support

Working on map changes, balance movements, hierarchy maintenance, and Master Data Management amendments.

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