Sr Financial Analyst - Regulatory/Accounting PolicyCharlotte, North CarolinaJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!General Job Description:Responsible for more complex finance activities involving regulatory reporting and accounting policy. Must have strong knowledge of the SEC reporting requirements and guidelines to maintain records. Prepares required financial reports. Supports achievement of business goals by working on more complex activities or projects with others within the unit and with partners. Leads projects and coordinates resources. May provide supervision to a small staff. Can manage partner relationship.Line of Business Job Description:The primary responsibility is developing and maintaining the company’s accounting policies and procedures for regulatory and financial reporting. This individual will research complex accounting transactions to ensure compliance with accounting and regulatory reporting. The person will network across the organization. Develop and maintain the accounting policy manual and communicate across the organization on accounting proposals, standards, regulations, and developments.Responsibilities:This role will partner with other Accounting Policy professionals to perform and document technical research and provide interpretive guidance on existing and emerging regulatory rules and accounting standards. Additionally, the role reviews new products and complex transactions for compliance with GAAP and regulatory reporting regulations. This role will also be expected to maintain advanced knowledge of GAAP, regulatory requirements and lead in-house training sessions.Required Qualifications:
3-5 years of experience and a distinguished record of performance as an accounting profession
Bachelor’s degree or equivalent work experience.
Experience with Generally Accepted Accounting Principles (GAAP).
Ability to understand and dissect complex transactions.
Extensive experience and knowledge of US regulatory reporting requirements within the banking and financial services industry.
Effective, high energy business partner with the ability to influence, collaborate, and work across the organization, with the CFO, CAO, controllers, treasury, tax and other finance leaders.
Proven experience to work across teams within the organization to implement accounting standards
Strong communication skills including written and oral presentation skills with an ability to interact at different levels of the organization.
Excellent time management and organization skills.
Desired Qualifications:
CPA or Masters in Accounting or MBA
Regulatory and Accounting Policy experience for a large financial institution
Experience with a major public accounting firm
Skills:
Analytical Thinking
Controls Management
Financial Accounting
Financial Analysis
Reporting
Attention to Detail
Oral Communications
Policies, Procedures, and Guidelines Management
Risk Management
Written Communications
Continuous Improvement
Interpret Relevant Laws, Rules, and Regulations
Project Management
Regulatory Compliance
Stakeholder Management
Regulatory/Technical Accounting Research & Analysis
Shift:1st shift (United States of America)Hours Per Week:40Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.