Bank of America Recruitment 2021. Bank of America recruiting B.Com/M.Com/CA/ICWA for Manager.
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About Company
The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina, with central hubs in New York City, Dallas, Toronto, London and Hong Kong.
Job details
- Company Name: Bank of America
- Location :Gurgaon
- Post Name: Manager
- Qualification: B.Com/M.Com/CA/ICWA
- Experience:05+ years
- No of Vacancies:Not Disclosed by Recruiter
- Details of Salary:Not Disclosed by Recruiter
Job description
- Responsible for working as part of Intercompany COE team. The role primary involves working on:
- Intercompany balance review and settlement
- 2. Working with controllers globally for Intercompancy balance clearing
- 3. Instruct Treasury for the cash movement; Execute manual payment between various EMEA and APAC entities
- 4. Posting JEs to clear nostro breaks related to cash movement
- 5. Prepare the clearing Journals for settlement
- 6. Research & update the Legal Entity controllers about any Intercompany break
- 7. Provide the clearing items & required support to the recon team
- 8. Closely monitor the aged items & escalate any item going above 90 days
- 9. Trend analysis for month on month intercompany breaks
- 10. Guide and support the broader Intercomapny team in issue resolution
- 11. Drive automation and process enhancements tomake process more effecient
- 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.
- 2. Support change agenda across group and ensure processes are efficient, consistent and sustainable, making best use of technology
- 3. Supporting Global Financial Control and enterprise Operational Excellence initiatives
