The Bank of America has invited applications for the post of Team Developer.
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.
Team Developers an individual contributor role of a GL Reconciler. The incumbent in this role is required to perform reconciliation of GL with a sub-ledger or supporting document. He/she is required to prepare reconciliations for various Balance Sheet Accounts in accordance with Bank’s reconciliation policy and standards.
Responsibilities:
- Support in exercising financial control over General Ledger mainly through the process of GL account reconciliations and reporting of GL balances and outstanding items in a timely and accurate manner
- Perform a different variety of routine and ad-hoc reconciliations in accordance with standard procedures in compliance with internal company policies and SOX requirements
- Analyze transactions in the GL and Sub-GL to determine to ensure that transactions are in line with the nature and purpose of the account.
- Constantly monitor the accounts to ensure that the transactions are posted are in line with the nature of GL Accounts; identify gaps and work with business partners to fix them
- Verification on a daily basis that the system reconciliations have been updated through external feeds and that the data is correct.
- Review open items and work with business partners for resolution, work with LOB Controllers, other departments, business units to resolve problems pertaining to General Ledger account usage.
- When asked, provide information and relevant supporting documents to Finance controllers and internal/external auditors regarding account balances, outstanding or open items.
- Support the designated Approver and Manager with any other tasks assigned on the process from time to time
Qualifications:
- B.Com/M.Com with C.A(Inter)/Part CMA/Part CPA/MBA(Finance) from a reputed Institute
- 3-5 Years in GL Accounting out of which at least 75% in GL Reconciliation function
- Good oral and written communication skills
- Good knowledge of accounting concepts & journal entries.
- Good analytical skills and knowledge of transactional flow in Accounts.
- Good knowledge of MS Excel and other office applications
- Skill in Macros
- Basic Knowledge of Alteryx/Tableau.
Location: Mumbai.
For more details and to apply, click here:
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