Finance Manager - Planning and Analysis

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 directing the day-to-day finance activities involving the consolidation and management of the bank's month-end close, planning, forecasting and capital approval processes. Key responsibilities include overseeing the consolidation and analysis of forecast, profitability, and financial reporting, and supporting strategic business reviews. Job expectations include managing planning and analysis partner relationships, supporting management in key decision making, influencing financial analysts, and coordinating deliverables to and from partners.

This role will serve as the end-to-end process owner for Internal Software Capitalization across Technology Finance, with accountability for planning and forecasting, actual results, allocations, controls, and ongoing process execution. The role will also lead a shared support utility serving both Software Capitalization and Initiative Planning, including prioritization and capacity management across the team. A key focus will be reimagining and modernizing existing processes through stronger data, analytics, automation, and simplified ways of working, while partnering closely with Business Finance Officers, Technology leaders, and senior Technology Finance leadership.

Responsibilities:

• Provides leadership, direction and coaching to profit planning and/or forecast stakeholders to develop accurate profit plans and forecasts, reviewing and understanding the drivers of business results to identify areas of improvement
• Directs the team's the day-to-day activities and reviews related to the Lines of Business (LOB) financial performances, assisting with synthetizing key trends, assessing current and future business risks, and preparing, analyzing and reporting on financial results and key metrics
• Manages forecasting and/or budgeting process from a LOB and consolidated perspective and compares current performance against plan, prior periods, and forecasts to evaluate current and future performance trajectory
• 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 planning and forecasting process, financials, sound controls, and effective procedures
• Exhibits strong attention to detail and applies analytical thinking, influence and collaboration with key stakeholders in the LOBs and across CFO to effectively handle competing priorities
• Owns the end-to-end Internal Software Capitalization process across planning and forecasting, actual results, allocations, controls, and ongoing process execution, ensuring transparency and accountability across the full lifecycle, while leading the transformation and modernization of the Software Capitalization process, challenging existing practices and advancing more data-driven, automated, and scalable approaches.
• Manages a shared support utility across Software Capitalization and Initiative Planning, actively prioritizing work and managing team capacity to effectively support both processes and changing business demands.
• Partners with Business Finance Officers and Technology leaders to deliver financial outcomes, understand key drivers, resolve issues, and drive accountability for process execution and results, while partnering closely with the Initiative Planning process owner and other Finance stakeholders to maintain end-to-end connectivity across interdependent processes, data, and deliverables.
• Synthesizes complex financial and operational data into actionable insights and communicates results, risks, and recommendations to the GTOF CFO and senior Technology Finance leaders.
  

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Required Qualifications

 

• 8+ years of experience in Finance, Accounting, Financial Planning & Analysis, or a related financial discipline
• 3+ years of experience leading teams and/or managing complex cross-functional processes
• Experience within financial services, technology finance, or another large, complex corporate environment
• Bachelor’s degree in finance, Accounting, Business, or related field, or equivalent relevant experience

 

Desired Qualifications

• 10+ years of progressive Finance or Accounting experience
• Experience in Technology Finance, including internal software capitalization, initiative/project accounting, or related financial processes
• Experience leading significant process transformation, automation, or data modernization efforts
• Experience working in a large, matrixed financial services organization
• CPA, MBA, or other relevant advanced degree/certification
• Experience with large-scale financial data, analytical tools, and reporting/visualization platforms

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Accounting
• Financial Processing
• Scenario Planning and Analysis
• Business Analytics
• Consulting
• Critical Thinking
• Financial Forecasting and Modeling
• Reporting
• Business Acumen
• Influence
• Prioritization
• Problem Solving
• Process Design and Transformation
• Data Analysis and Interpretation
• Change Management
• Strategic Thinking
• Stakeholder Management
• Process Management
• Resource and Capacity Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40