Bank of America Reconciler I in Riverside, Rhode Island

Job Description:

As part of their responsibilities, the employee will use the appropriate systems or resources to obtain the appropriate ledger, sub ledger and activity support and complete a thorough reconciliation, document evidence of the reconciliation and explain any reconciling items. Reconciliations may be completed using systematic or manual methods. On a monthly basis, the employee will report details of his/her reconciliations in EZREC and provide attestation that all policy requirements were complied with. Most of the employee's interactions will be with his/her internal team and line of business partners.The employee will be introduced to new business partners as part of the Account Migrations process which brings in new reconciliations to be performed by GIRC. In these instances, the employee will work with the project team to onboard new reconciliations to be added to their portfolio. This role will present development opportunities in the areas of financial analysis, business partnering, process improvement and issue resolution.

The Global Internal Reconcilement & Control (GIRC) organization is within the Corporate Controller group in CFO. The team consists of 120 employees located in Providence-Rhode Island and Hyderabad and Gurugram-India. Our key priority is performing balance sheet general ledger and bank owned DDA reconciliations on behalf of Finance and lines of business in compliance with the Enterprise Account Reconciliation Policy, and subsequent reporting and attestations within the boundaries of our SOX (Sarbanes-Oxley) process. The team is also responsible for identifying any risks associated with the reconciliations performed, self reporting them to the Global Reconciliation Governance team and working with their LOB partners through issue resolution. There are approximately 4500 reconciliations performed in total, and new reconciliations are added each year as new lines of business approach GIRC for their services.

Required Skills

  • Intermediate level experience with Excel

  • Comfort working with complex Financial Products such as General Ledger

  • 1-2 years experience in financial/accounting industry

  • Experienced in business partnering and resolving issues

  • Strong communication skills

  • Self-starter; able to quickly learn new concepts and operate with limited supervision

Desired Skills

  • BS/BA - Finance/Accounting preferred

  • SAP/eLedger, Oracle GL

  • Experience performing GL reconciliations to subledgers or bank statements

  • Experienced in general ledger research

  • Experience with documentation of a financial process

  • Problem solving capability

  • Ability to participate in projects with guidance from project lead

Posting Date : 09/19/2017

Location :

Riverside, RI, 3400 Pawtucket Ave (RI1530),

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

Assistance for Applicants with Disabilities

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

Diversity & Inclusion

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Frequently Asked Questions

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.