Responsible for directing the day-to-day finance activities for a business unit or associate area. Activities include strategic and annual planning and implementation, profitability analysis, forecasting and financial reporting. Manages partner relationships and associates. Considered a working manager. In addition to supervisory / administrative duties, individuals are actively involved in the execution of processes. Assists management in the development and implementation of policies and procedures.
Business Finance officers are responsible for partnering with the business in achieving their strategic goals acting as the CFO for the businesses covered.
Activities include the following:
Coordinate among product partners, and other Finance teams to drive consistent and actionable analysis that can be shared with the line of business and finance leaders. Act as a trusted strategic advisor and member of the leadership team for the businesses supported. Interpret and present financial results to the business to explain results and identify opportunities. Utilize knowledge gained from the best practices of one business to scale analysis and influence across other LOBs. As finance liaison for the business, assist in coordinating the solution to any accounting or finance related question that is raised by business partners. These can include a broad range of questions including client or product profitability, capital treatment and return, liquidity impacts, etc. Provide perspective and key driver input into financial routines such as forecast, quarter-end commentary, business reviews and finance communication. Utilize senior analysts on the team to provide effective coverage of multiple businesses and develop emerging finance talent.
Bachelor's degree, in accounting or finance
8+ years of accounting or financial analysis work experience
Strong communication, organization, presentation, analytical and leadership skills
Analytical Abilities / Financial Acumen - Systematic application of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at well-founded logical conclusions.
Builds Partnerships - Builds broad-based business relationships across the organization. Skillfully influences peers and colleagues to promote and sell ideas. Proactively surfaces and resolves conflict with efficiency.
Organization and the ability to juggle multiple tasks and responsibilities
Strong business acumen
*This role can be filled as an SFA or Mgr
Internal Number: 19007343
About Bank of America
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