Assistant Manager in Bombay, भारत

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

Global Financial Control India is part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include General Accounting & Reconciliations, Legal Entity Controllership, Management Reporting & Analysis, Finance Systems Support, Operational Risk and Controls, Regulatory Reporting and Strategic initiatives.

Job Description*

This AM role involves accounting, month end close, governing the controls framework. The individual will be part of a team responsible for legal entity control activities including management of financial close, supporting certain aspects of regulatory reporting, controls governance and OPEX initiatives.

Responsibilities*

Include but not limited to:

• Accountable for various day-to-day responsibilities of the finance function including accounting processes and reporting, month-end close, audit closure, regulatory reporting, management reporting and variance analysis, local GAAP reporting, etc.
• Develop a reasonable understanding of P&L and balance sheet; proactively identify, investigate, and escalate/correct anomalies
• Determine appropriate GAAP accounting treatments and ensure accurate and timely accounting entries

• Responsible for fulfilling statutory and regulatory reporting requirements, including reports and presentations to senior management /regulators as required
• Support internal and external audits through process walkthroughs, documentation, and audit issue closure
• Identify, assess, and escalate control gaps, errors, and operational inefficiencies; recommend corrective actions with respect to the scope of work handled

• Assist in implementing change management in the finance area, through enhancements of reporting processes and structure, streamlining of reporting responsibilities and automation of regulatory reporting
• Support on systems implementation
• Support achievement of business goals by working on complex activities or projects with others within the team and with various business partners
• Develop a smooth working relationship with multiple stakeholders

Requirements*

Education*

CA /ACCA/CPA with experience in Controllership

Experience Range*

2 to 5 years of experience in finance, accounting, regulatory reporting, Risk and Controls domain

Foundational skills*

• Strong Accounting Standards Knowledge
• Exposure to International Accounting & Reporting Standards (US GAAP’s, FAS, IFRS)
• Strong organization and time management skills
• Good understanding of controls and ability to identify and raise risks
• Able to work in a fast paced, deadline-oriented environment
• Strong understanding and an aptitude for technical and project work
• Proficient in the use of Excel, Word and MS Access
• Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint

Desired skills                                                                                                                                              

• Strong computer skills (advanced excel and macro/access) and Oracle/SAP experience preferred
• Good knowledge of financial / banking products (derivatives, swaps, interest, bonds, credit, etc.)
• Prior experience with either of the self-service tools such as AI / Alteryx / Tableau / UiPath / Workiva / Power pivot etc.
• Hands‑on experience using Microsoft 365 Copilot or equivalent generative AI tools to accelerate writing, analysis, and presentation of business deliverables
• Ability to frame effective prompts to generate accurate, relevant, and reusable AI outputs
• Experience leveraging AI for data analysis and insight generation, including variance analysis, trend identification, and preparation of executive‑ready summaries
• Sound judgment and risk awareness, including the application of appropriate checks, controls, and human review when leveraging tools, data, or automated outputs
• Ownership and accountability for end‑to‑end outcomes, quality, and timelines, with proactive escalation of risks and issues
• Problem‑solving mindset, with the ability to analyse complex issues, apply sound judgment, and propose practical solutions in ambiguous or evolving situations
• Learning agility and change readiness, with comfort in adapting to new tools, processes, and ways of working, including effective use of AI‑enabled tools where relevant
• Strong collaboration and executive‑level communication skills, with the ability to work effectively across teams, functions, and geographies using clear, concise, and professional communication

Work Timings*

07:30 AM to 10:30 PM (9 hours shift, may require stretch during close period)

Job Location*

Gurugram/Mumbai