CA/ICWA vacancy in Bank of America

CA - ICWA - vacancy - Bank of America - taxscan

The Bank of America has invited applications for the post of Manager.

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.


  • Intercompany balance review and settlement.
  • Working with controllers globally for Intercompancy balance clearing.
  • Instruct Treasury for the cash movement; Execute manual payment between various EMEA and APAC entities.
  • Posting JEs to clear nostro breaks related to cash movement.
  • Prepare the clearing Journals for settlement.
  • Research & update the Legal Entity controllers about any Intercompany break.
  • Provide the clearing items & required support to the recon team.
  • Closely monitor the aged items & escalate any item going above 90 days.
  • Trend analysis for month on month intercompany breaks.
  • Guide and support the broader Intercomapny team in issue resolution.
  •  Drive automation and process enhancements tomake process more efficient.
  • Finance Liaison and Change
  • Build relationships across CFO teams including Controllers, Treasury, etc across US, EMEA and APAC to understand and resolve accounting and reporting issues.
  • Support change agenda across group and ensure processes are efficient, consistent and sustainable, making best use of technology.
  • Supporting Global Financial Control and enterprise Operational Excellence initiatives


  • B.Com / M.Com / CA / ICWA / Accounting Degree.
  • 5 years for qualified CAs or 8 years for Non CAs
  • Strong hands on experience on Intercompany accounting for Global entities
  • Strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred.
  • Exposure to Emerging technologies like Alteryx, Tableau, UI Path, etc
  • Dynamic, high energy, solid work ethic, willing to take on new initiatives.
  • Able to understand and run Robotics for Intercompany accounting.
  • Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint

Location: Gurugram, India.

For more details and to apply, click here:

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