Bank of America Recruitment-2022

By
Shubhransu Samal
-

Bank of America Recruitment-2022- Bank of America Hiring: Check Post, Qualification Here

Overview:

Bank of America is hiring an experienced Team Leader at their Mumbai location. This role involves performing reconciliations of Balance Sheet Accounts of Bank of America adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS) and to complete in timely manner to ensure all process SLAs are met. To Investigate and report out any breaks to business partner to ensure adequate time for investigation.

Bank of America Recruitment-2022

The associate must have a sound understanding of accounting fundamentals and be able to communicate and explain account activity and usage to internal and external audit queries via email and or telephone. The reconciliations should be performed as per the set standards in the Account Reconciliation Policy. Exposure to Six Sigma and other quality improvement tools would be an added advantage.

The complete details of this job are as follows:

Qualifications for this job:

  • Com/M.com/MBA
  • Certifications If Any
  • Experience Range: 3-5 years of relevant in balance sheet/GL reconciliation experience
  • Excellent understanding of accounting concepts
  • Good exposure in Balance sheet reconciliation domain
  • Strong Analytical and Problem solving skills
  • Good communication skills
  • Knowledge on advanced excel, Macros

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What will you be doing:

  • Ensure that the reconciliations are performed as per procedures and Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS).
  • Ensure the transaction flow on accounts is understood and recorded in the process procedures.
  • Ensure that the targets assigned in accordance with the SLAs are met.
  • Rigorous follow up with LOB on open items & get the required documentation completed for aged items as per defined timelines
  • Ensure that quality of the Account Reconciliation is in compliance with predefined parameters.
  • Identify potential areas for process improvements, risk reduction, and non-compliance & highlight the same to the supervisor.
  • Provide relevant process reports on daily basis.

How to apply

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