Job Description
Mumbai, Maharashtra
Full job description
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Financial Reporting and Accounting
Month-end/year-end closing (as per Indian GAAP/ Ind AS and US GAAP), General Ledger Reconciliation and Schedule preparations, GAAP reconciliations, quarterly corporate reporting, general ledger scrutiny and compliance with financial reporting requirements for securities entity. Assisting in compilation of financial information including analytical review for Board Meetings, Audit Committee, corporate audit and exchanges exams
Accounts Finalization and Statutory Audit
Finalization of accounts, reporting and internal financial controls related areas, segmental reporting, audit, compilations, certifications and other procedures requiring inter-face with auditors primarily for securities entity
Tax compliances and regulatory Reporting
Income Tax computations including advance tax and deferred tax calculations, Advance Tax, financial details for assessment proceedings, transfer pricing reporting, tax audits, Good and Service Tax compliances including filing of returns, financial / regulatory reporting to RBI and SEBI
Analytics and MIS
Use financial data to compile analytics for internal MIS to business and senior management – focused on balance sheet trends and returns
Prepare internal MIS reports on business performance trends
Compile presentation decks for adhoc information requirements
Responsibilities:
Prepare and manage statutory auditor, regulatory reporting, tax reporting, regulators and corporate audit.
Partners with business on tracking business drivers and providing analytical inputs on balance sheet trends and returns for forecasting balance sheet and income statement
Core mandate to get the numbers right, Accurate and well controlled
Efficiency: Process optimization
Strive for flawless, error free execution through proactive operational risk management, robust preventive controls and self-identification of issues
Required Skills:
Years of experience: Minimum 0-3 years of experience
Chartered Accountant
Strong analytical and reasoning skills
Good communication, interpersonal and relationship management skills.
Knowledge of Ind-AS preferred and having strong accounting background
Ability to prioritize and ensure consistent delivery of results
Strong team player
Adept at using excel, power point and Systems Aptitude
💡 Quick Summary
Seeking a career-building opportunity? The Officer - Finance position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
