Finance Team Leader

Bank Of America; Gurugram District; On-site; INR 600,000 - 800,000; Full time

Job summary

Bank of America in India seeks a Team Leader for Global Financial Control India. You will handle reporting, accounting, data validation and liaise with stakeholders to ensure accurate financials in line with US GAAP, across Mumbai and Gurugram locations.

Key tasks include managing day‑to‑day accounting, financial analysis, regulatory reporting and balance sheet reconciliations, implementing process improvements, and supporting SOX controls.

Qualifications

• CA certification required; minimum 0–2 years of experience in finance/accounting.
• Strong understanding of financial statements and risk controls.
• Proficient in Excel and PowerPoint; good communication.

Responsibilities

• Responsible for day‑to‑day accounting processes, financial analysis, financial and management reporting.
• Accountable for application of financial principles; read and comprehend financial reports.
• Perform regulatory reporting, data validation and liaise with stakeholders.
• Conduct balance sheet reconciliations and assist in tax forecasting.
• Support process improvements and ensure compliance with internal controls.

Skills

US GAAP knowledge

Financial analysis

Excel

Communication

Attention to detail

Multitasking

Education

Chartered Accountant (CA) Certification

Tools

Oracle

SAP

SQL

Tableau

Alteryx

SharePoint

Job description

Team Leader Job Description:

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. 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!

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 the global delivery footprint of the bank’s Global Financial Control function within the Chief Financial Officer group and is responsible for multiple functions including U.S. and Regional Legal Entity Controllership, Regulatory Reporting, Balance Sheet Reconciliations, Tax Accounting & Compliance, Treasury, Operational Risk & Controls Oversight, Finance Change, Production Services and Data Management. In short, our focus is to get the numbers right and to work in support of the company’s goals, most importantly responsible growth.

Job Description*

The role involves reporting, analysis, accounting, data validation and liaising with various stakeholders.

Responsibilities

• Responsible for various day‑to‑day accounting processes, financial analysis, financial and management reporting
• Accountable for application of financial principles, ability to read and comprehend financial reports and conduct & conclude analysis.
• Responsible for data dictionaries/conformance to instructions and /or preparation of various regulatory reports, documentation, interpretation and communication of regulatory reporting requirements
• Perform Legal Entity tax forecasts; review tax journal entries, tax account analysis and annual tax expense true-up & variance explanations.
• Performing reconciliations of Balance Sheet accounts adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS); investigate & report out any breaks.
• Supporting in systems Implementation and enhancements
• Responsible for executing changes to finance systems and ensuring all financial accounting & reporting systems and applications are operating smoothly from a functional perspective.
• Ensuring adherence to financial data standards and quality of data
• Support risk management, controls & compliance processes including risk performance monitoring & tracking, controls validation & reviews, SOX compliance, regulatory reports testing & attestation and reconciliation reviews.
• Project work related to process improvement and automation of processes.
• Supporting in project management and various team initiatives
• Data collation and liaising with various stakeholders.
• Stakeholder dealing, liaising with various teams.

Requirements

Education*

Chartered Accountant (CA) Certifications If Any - NA

Experience Range*

0-2 years

Foundational skills*

• Basic working knowledge of reporting, analysis, accounting and various finance functions
• Ability to understand the financial statements
• Fundamental understanding of risk management and internal controls
• Excellent written and verbal communication skills.
• Ability to effectively manage multiple priorities.
• Able to work in a fast‑paced environment.
• Proficient in the use of Excel, Word and PowerPoint
• Ability to assimilate large amounts of information quickly and to understand complex methodologies and issues.
• Highly motivated, able to work independently, self‑starter; and problem/solving/analytical.

Desired skills*

• Knowledge of US GAAP accounting standards
• Good knowledge of financial / banking products (derivatives, swaps, interest, bonds, credit, etc.)
• Working knowledge of Oracle/SAP, SQL, Tableau, Alteryx, SharePoint would be preferred.

Work Timings*

Between 7:00 AM – 10:30 PM (Standard shift is 9 Hrs, expectation to stretch during critical activity periods like Month Close)

Job Location*

Mumbai/Gurugram