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Financial Analyst

Bank of America Financial Center

Finance PartnerAt 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!This job is responsible for serving as a finance partner to specified Lines of Business (LOBs) and providing financial analysis and guidance to support key decisions and initiatives. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and generating value creation ideas and new investment business cases. Job expectations include preparing insights to guide management's decision making and evaluating financial performance versus plans, forecasts, and prior periods.The primary focus of the Operations Finance team is to provide strong financial support for the day-to-day finance activities of a business unit. Business partners include Business Finance Officers (BFO), as well as line of business (LOB) Operations managers. Key priorities are P&L planning, forecasting, and month-end analysis/reporting for the Operations organization. Throughout the tenure of this role, the teammate will gain exposure within the finance organization while improving/developing the following skills: financial/business acumen, attention to detail, analytical and strategic thinking, planning and forecasting, leadership, communication, and relationship management.Responsibilities:Evaluates Lines of Business (LOB) financial performances and assists with decision making by synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metricsDevelops financial management reports, presentations, and ad hoc analyses for LOBs and/or finance partnersCreates forecasts and budgets by comparing current performance against plan, prior periods, prior forecasts, and budgets and evaluating current and future performance trajectorySupports reporting and analysis for key constituents and management, which may include Board of Directors, Investor Relations, and/or various regulatory agenciesCollaborates with teams across the Finance division to ensure integrity of the financials, sound controls, and efficient and effective proceduresSupports new and ongoing projects and strategic initiatives by creating processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic prioritiesRequired Qualifications:2–5 years of finance related experience with demonstrated analytical, operational proficiency and cross-functional collaborationProficient in Microsoft Office products with emphasis on strong Excel (macros, pivot tables, look-ups, and filtering) and PowerPointSelf-starter able to work in a fast-paced environmentStrong financial reporting backgroundWell organized and strong attention to detailSeeks to build relationships and collaborate with teammatesStrategic thinker with the ability to understand complex business challenges and potential solutionsStrong organization skills and ability to manage/sequence multiple deliverables Strong written and oral communications skillsPossess intellectual curiosity and the desire to learn and improve our influence as a support partnerDesired Qualifications:Bachelor's degree in Finance or AccountingSAP / eLedger / EssbaseFP&A (Financial planning & analysis) experienceSkills:Attention to DetailBusiness Process AnalysisCollaborationData Quality ManagementReportingData VisualizationFinancial AnalysisFinancial Forecasting and ModelingFinancial ProcessingPrioritizationAnalytical ThinkingBusiness AcumenBusiness Case AnalysisCritical ThinkingDecision MakingShift:1st shift (United States of America)Hours Per Week:40

Vacancy posted 5 days ago
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