What are the responsibilities and job description for the Operations Consultant-Accounts Receivable position at Bank of America?
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.
This opening is for a position in the Accounting Operations team supporting Global Leasing (Global Vendor Finance), and will be responsible for handling Accounts Receivable related activities such as payment applications, issue research, process documentation and system testing activities. The Accounts Receivable team supports daily cash posting for three Leasing divisions (Global Vendor Finance, Leveraged Leases and EMEA) utilizing several systems of record and posting in multiple currencies, so strong organization skills and attention to detail are a must. The successful candidate will also be involved in audit support, risk compliance testing, ad hoc reporting and projects arise (including the current system conversion to the ALFA leasing system) as they arise. Responsibilities include, but are not limited to:
- Accurately record daily cash receipts and applications
- Communicate with multiple teams to identify, research and resolve issues
- Balance bank statement activity to system of record deposit activity
- Prepare and process journal entries
- Process physical checks via Remote Deposit
- Compile and image related documentation for audit purposes
- Monitor and report on unapplied funds for aged items
- Perform daily audits for risk compliance purposes
- Maintain contact and information matrices
- Accurately record daily metrics counts
- Perform System of Record User Acceptance Testing
- Other projects and reporting as they arise
The skills/ requirements for the position are as follows:
- Results-oriented and proactive, with a strong attention to detail
- Critical thinking and problem solving skills - not afraid of challenging work
- Exceptional time management and organizational skills
- Excellent oral, written and interpersonal communication skills
- Can work both independently and as a team member
- Able to manage in a fast-paced, and sometimes unpredictable, environment
- Availability to work weekends and/or extended hours, as required by the business
- Microsoft Office applications with strong knowledge of Microsoft Excel required
- Experience with the leasing industry and with database query tools preferred
- Experience with SAP General ledger, InfoLease, ALFA, Toad Data Point or Monarch a plus
Shift:
1st shift (United States of America)Hours Per Week:
40
