What are the responsibilities and job description for the Sr. Accounting Specialist - Reconciliation Center of Excellence 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.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and 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!
Job Description:
This job is responsible for resolving complex operational accounting functions and issues in accordance with standard procedures. Key responsibilities include conducting analyses of complex issues related to all operational accounting functions, such as general accounting, accounts payable, and accounts receivable. Job expectations include performing analytical research and leveraging judgment to make informed decisions using accounting systems and tools, following established processes, coaching and training employees, and handling exceptions and escalations within the Line of Business.
Responsibilities:
- Maintains accurate and complete records including ledgers, invoices, and receipts by referencing documents to verify, record, and process transactions
- Prepares financial reports and budgets and assists with audits to resolve discrepancies
- Processes and organizes invoices to ensure bills are received and paid in a timely manner
- Demonstrates an understanding of workflow processes and adheres to Service Level Agreements and federal and state laws, rules, and regulations
- Manages the end-to-end workflow process by using various accounting systems and tools
- Researches and analyzes complex procedures, cases, and situations that may come up during account reconciliation activities
Skills:
- Business Acumen
- Financial Accounting
- Project Management
- Research
- Written Communications
- Attention to Detail
- Coaching
- Issue Management
- Regulatory Compliance
- Relationship Building
- Adaptability
- Business Process Analysis
- Critical Thinking
- Data Visualization
- Learning Delivery
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)Hours Per Week:
40
