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Team Leader

Ghr (Lateral Ba Continuum)
Hyderabad, IND
Full-time
Onsite
Discovered 1 months ago
Balance sheet reconciliationsAccounting fundamentalsAccount Reconciliation Policy and StandardsFinancial transaction processingProcess reportingRisk and compliance controls

Full Job Posting

About Bank of America

Bank of America promotes responsible growth, client service, colleague development, operational resilience, and risk management.

Global Business Services provides technology and operations capabilities to business and support functions through an integrated delivery model.

Role Overview

This role is a subject-matter expert position in the financial reconciliations domain.

The role supports Bank of America balance-sheet account reconciliations and adherence to Account Reconciliation Policy and Standards.

Responsibilities

  • Prepare and review balance-sheet reconciliations according to procedures and standards.
  • Meet reconciliation service-level targets and investigate and report breaks to business partners.
  • Follow up on open and aged items and obtain required documentation.
  • Maintain reconciliation quality and identify process improvement, risk reduction, and non-compliance opportunities.
  • Provide daily process reports and respond to audit queries about account activity and usage.

Education and Experience

  • B.Com or M.Com with MBA in Finance, or CA, CA Inter, or CA Group 1 qualification.
  • The required experience range is 0–3 years in balance-sheet reconciliation.

Foundational and Desired Skills

  • Strong accounting fundamentals and balance-sheet reconciliation knowledge are required.
  • Analytical, problem-solving, communication, and leadership abilities are required.
  • MS Excel and Python coding are desired skills.
  • Exposure to Six Sigma and other quality or emerging-technology improvement tools is advantageous.

Workplace and Schedule

  • Bank of America maintains an in-office culture with role-specific flexibility based on business needs.
  • The job is located in Hyderabad and is scheduled from 2:30 PM to 11:30 PM IST, with weekends off.

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