Manager, Finance Business Support - CTI Finance

Bank of AmericaCharlotte, NC
4dOnsite

About The Position

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 an 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: The Core Technology Infrastructure (CTI) Finance Team is part of the Global Technology and Operations Finance (GTOF) organization. The team serves as strategic finance partners to the various CTI leaders. This role will partner with technology executive leadership to provide strategic business advice and counsel, and to manage all aspects of the financials. This job is responsible for serving the Core Technology Infrastructure group and directing the day-to-day finance activities to manage strategic annual planning and implementation. Key responsibilities include performing forecasting, profitability analysis, expense efficiency, pricing, financial reporting, and overseeing value creation ideas and new investment business cases. Job expectations include supporting management in key decision making, and influencing and gaining support from financial analysts. To be successful, BFO will need to build relationships across finance, HR and throughout the technology organization. The teammate will possess business, finance and technology acumen, and have the opportunity to regularly influence business decisions. The CTI Finance team is an active partner is helping the technology group achieve their objectives and identifying opportunities to continually improve. This is a dynamic and exciting place to work and witness the execution of our business strategy through a technology lens. CTI leaders are responsible for providing global technology support for 4000+ applications across all AMRS, APAC and EMEA data centers and global networks, over 7,500 resources and over $3.5b in expenses. This role will review and advise teams negotiating some of the largest vendor agreements in the Bank.

Requirements

  • Minimum 10 years of experience in Finance/Accounting roles
  • Proven experience with executive communications and influence
  • Highly assertive, independent, and able to build and maintain relationships within CFO, HR and Technology teams.
  • Experience driving predictable results with proper incentives and accountability.
  • Demonstrated ability interpreting and presenting financial data with logic and insight, to partners at various levels in the organization.
  • Experience recommending solutions to facilitate organizational changes or business strategies
  • Ability to provide financial transparency for expenses, and to align them to operational volumes and front office revenues, promoting accountability.
  • Business Process Analysis
  • Collaboration
  • Data Quality Management
  • Financial Analysis
  • Financial Management
  • Analytical Thinking
  • Critical Thinking
  • Data Visualization
  • Decision Making
  • Prioritization
  • Business Acumen
  • Business Case Analysis
  • Financial Forecasting and Modeling
  • Project Management
  • Reporting

Nice To Haves

  • Bachelor or graduate degree in Finance/Accounting.
  • Experience with SAP
  • Strong Technical Skills in Excel and PowerPoint
  • Prior Technology Finance experience

Responsibilities

  • Oversees the financial analysis and reporting needed to provide Core Technology Infrastructure (CTI) and finance leadership with trends and comparisons on all financial matters, focusing on cost management, and operational improvement.
  • Reviews CTI’s financial performances and provides strategic direction to teams by assisting with synthesizing key trends, assessing current and future business risks, and preparing, analyzing, and reporting on financial results and key metrics.
  • Manages forecasting and/or budgeting and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory.
  • Delegates and provides oversight to teams building financial management reports, presentations, and ad hoc analyses for CTI and/or finance partners
  • Implements new and ongoing projects and strategic initiatives by helping to create new processes to automate key reporting capabilities and delivering on process improvements and simplifications to enable increased focus on strategic priorities.
  • Builds, maintains, and manages partner relationships across the Finance division and implements policies and procedures that ensure integrity of the financials, sound controls, and effective procedures.
  • Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data-based decision making and continuous improvement.
  • Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities, and contributions.
  • Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
  • Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Delivers results by effectively prioritizing, inspecting and appropriately delegating teamwork.
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