Back to search results Accounting Policy Finance Manager-CFO Group Charlotte, North Carolina Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description:This job is responsible for managing the day-to-day financial reporting, analysis, and risk mitigation of the domestic US Bank Agency regulatory reporting and accounting policy. Key responsibilities include establishing proper controls and processes necessary to ensure accurate reports are submitted to external regulators, and providing interpretations of regulatory guidelines to support the firm's delivery of accurate financials. Job expectations include maintaining expertise in reporting requirements and guidelines to support precise records, ensure compliance, and identify efficiencies.As part of the Accounting Policy Group, this individual will need an advanced level of technical accounting expertise. Primary responsibilities include maintaining the accounting policy and reporting standards for the global investment bank and commercial bank and working with Finance and Front Office personal to provide accounting guidance and solutions to complex accounting issues to ensure compliance with applicable technical accounting and regulatory standards. In addition, this person will have strong communications skills, including drafting technical memos and presenting relevant accounting considerations to Company leadership.Responsibilities:Manages the preparation, review, and analysis of data in financial reportsExecutes key financial and process controls, including period-over-period trends, variance analysis, and cross report reconciliationsDrives identification, remediation, monitoring, and escalation of issues impacting financial statements or reportsEstablishes relationships with data owners across multiple lines of business to support complete and timely data submissionsProvides support and subject matter expertise for data quality improvement and sourcing automation projectsProvides guidance for interpreting and understanding complex regulatory requirementsAdapts to changing demands and requirementsProvide complex accounting guidance to CAO, Corporate Treasurer, Corporate and Legal Entity Controllers, Line of Business CFOs and their staff, primarily related to transactions involving debt securities, derivatives, hedge accounting strategies & leasing transactions.Reviews new products and complex structured transactions. Includes participation in internal product review committee processesParticipate in maintaining and keeping current the Corporation's Accounting Policy Manual for assigned areas.Assist implementation efforts for new accounting standards, primarily US GAAPAssist SEC Financial Reporting and Legal Entity Controllers (LEC) teams in developing financial statement disclosures in accordance with applicable U.S. GAAPBe responsible for monitoring and interpreting various emerging technical issues related to U.S. GAAP and regulatory capital standards applicable to financial holding companies and participation in comment lettersMaintain advanced knowledge of SEC and GAAP reporting requirements and lead in-house education sessionsActs in an advocacy role on behalf of the bank with accounting standard setters and various industry organizationsReviews and/or writes sections of the Corporation's '34 Act SEC filingsDrafts comment letters to standard settersDrafts responses to SEC review commentsInteracts directly with External & Internal audit engagement management and staffRequired Qualifications10+ years of accounting and banking experience, primarily in technical accounting advisory or banking accounting policyBachelor's Degree in Accounting or related fieldStrong understanding of accounting standards applicable to financial instrumentsUnderstanding of Bank regulations including SEC requirementsStrong communication skills including written and oral presentation skills with an ability to interact at different levels of the organizationSelf-MotivatedExcellent time management and organization skillsEffectively work across teams within the organization to implement accounting standards and lead projectsProven experience to understand and dissect complex transactions, specifically as it relates to hedge accounting transactionsDesired Qualifications:MBA or MastersSkills:Data and Trend AnalysisFinancial AccountingInterpret Relevant Laws, Rules, and RegulationsRegulatory ComplianceRisk ManagementAttention to DetailContinuous ImprovementFinancial AnalysisProject ManagementReportingAnalytical ThinkingOral CommunicationsRegulatory RelationsStakeholder ManagementWritten CommunicationsShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26015762 Manages People: No Travel: No Age requirement: Must at least be 18 years of age. Share: Save job Job saved