VP - Financial Reporting & Legal Entity Control - BFS/BPO/KPO

VP - Financial Reporting and LEC

Role-

The role involves accounting, month-end close, regulatory reporting, and US fed reporting support for EMEA LEC. The individual will be part of a team responsible for the legal entity control activities, including external reporting, management of financial close, supporting certain aspects of regulatory reporting, driving change and operational excellence

Responsibilities: 

Responsible for legal entity financial control primarily for UK/EU/MEA regions includes but not limited to:

- Support for monthly US GAAP financial close and BAC subsidiary governance processes

- Reviewing US GAAP and Local GAAP (IFRS/UK/French) general ledger entries

- Preparation of monthly board and other governance materials relating to financial reporting

- Generating deeper understanding into key drivers of P&L and balance sheet and identifying and correcting anomalies

- Preparation of Annual audited financial statements

- Management of audit issues; process and control upgrades; internal and external audit liaison; and leading supervisory review conversations

- Ensuring monitoring and resolution of intercompany breaks and ensuring balance sheet substantiation

- Determining local GAAP accounting treatments and ensuring appropriate bookings made

- Support for legal entity forecasting.

Experience Range:

Minimum 17 years of post-qualification experience in Finance, accounting, and regulatory reporting preferably in the Banking Industry

Foundational skills:

- Legal Entity control and reporting experience in a financial services business

- Strong people leadership experience with an ability to lead from the front (~ 10-20 associates)

- Dynamic, high energy, solid work ethic, willing to take on new defined and undefined initiatives

- Ability to think laterally and identify possible solutions to problems

- Able to excel and influence in a cross-functional team structure

- Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint

- Driven to learn and develop new skills

- Self-motivated and independent having an excellent control mindset

- Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes

- Able to work in a fast-paced, deadline-oriented environment

- High level of ownership and attention to detail

- Ability to apply sound judgment, provide effective challenge, and display confidence to challenge

- Ability to self-manage and prioritize, pursue goals and consistently deliver results

- Flexibility and good negotiations skills

- Proficient in the use of Excel, Word, PowerPoint, and MS Access

- Exposure to Emerging technologies like Alteryx, Tableau, UiPath, etc

- Driving innovation and transformation in finance

- Experience in Oracle / SAP