Sr. Accounting Specialist - 1st Shift - Cash and Transportation

Bank Of America Operational Accounting Analyst

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!

This job is responsible for resolving complex operational accounting functions and issues in accordance with standard procedures. Key responsibilities include conducting analyses of complex issues related to all operational accounting functions, such as general accounting, accounts payable, and accounts receivable. Job expectations include performing analytical research and leveraging judgment to make informed decisions using accounting systems and tools, following established processes, coaching and training employees, and handling exceptions and escalations within the Line of Business.

Responsible for the day-to-day resolution of complex operational accounting functions / issues including in-depth analysis. The incumbent will take appropriate action based on process characteristics of extremely complex issues related to all operational accounting functions. Must be considered a subject matter expert in operational accounting policies and routines. Complex decisions are made based on analytical research and judgment. Requires extensive experience and must follow established procedures & guidelines while utilizing multiple systems & tools. Ensures compliance with Federal and Bank Regulations. Excellent communication and follow-up skills required. To appropriately investigate and decision issues, incumbent will interact with multiple business partners. Communication includes process education, operational accounting education, setting appropriate expectations or skillfully defusing the situation.

This role is in ATM Exceptions. Analysts are responsible for the analysis of ATMs serviced by vendors and financial center employees. Analysts resolve out of balances that have occurred for various reasons by communicating with Transportation Services, Financial Center personnel, and Vendors daily to gain resolution to various types of exceptions. Exceptions are resolved by either adjusting customer DDAs and / or internal general ledgers to offset exceptions related to ATM transactions.

Schedule : Monday through Friday 8 : 00am to 5 : 00pm

Responsibilities :

• Maintains accurate and complete records including ledgers, invoices, and receipts by referencing documents to verify, record, and process transactions
• Prepares financial reports and budgets and assists with audits to resolve discrepancies
• Processes and organizes invoices to ensure bills are received and paid in a timely manner
• Demonstrates an understanding of workflow processes and adheres to Service Level Agreements and federal and state laws, rules, and regulations
• Manages the end-to-end workflow process by using various accounting systems and tools
• Researches and analyzes complex procedures, cases, and situations that may come up during account reconciliation activities

Required Qualifications :

Skills :

Minimum Education Requirement : High School Diploma / GED / Secondary School or equivalent