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Job Location: Hyderabad

Experience: Freshers

Job Category: IT | Software

Job Position: Team Developer

Qualification: BCom, MCom, MBA

Job Description:

  • Reconciliation team reconciles various General Ledger, Cash, Position, NOSTRO, Intercompany accounts on a daily/weekly/monthly basis in accordance with established procedures and time frames, utilizing the Reconciliation system to balance the accounts.
  • The Incumbent will be required to research, process journal entries to various accounts when needed and assist operating areas with resolving all open items, escalating any aged items to the concerned business unit and also perform balance sheet sign off.
  • Accurately reconcile various General Ledger, Cash, Position and NOSTRO accounts on a daily/weekly/monthly basis in accordance with established procedures and time frames, utilizing the Reconciliation system to balance the accounts.
  • Research and assist operating areas with resolving all open  items, escalating any aged items to  the concerned business unit.
  • Process journal entries to various accounts when needed.
  • Participate in weekly and monthly reporting that is sent to Regulatory Reporting.
  • Flexible to work in US shifts.

Job Responsibilities:

  • Balance sheet substantiation.
  • Regulatory report compilations.
  • Maintain and reconcile multiple Bank accounts.
  • Research and resolution of outstanding exceptions.
  • Post journal entries to the general ledger.
  • Preparation of daily/weekly/monthly Reconciliation Reports.
  • Adherence to the SLA’s – productivity, turn-around-time, and accuracy.
  • Interact with business partners and units on day to day functionalities.
  • Adhere to corporate standards and procedures in reconciliation.
  • Other accounting department responsibilities as needed.
  • Review systems and processes and Engage in improving processes where opportunities exist.
  • Assist with any further requirements as they arise. This may include cover for staff on leave.
  • Responsible for performing various duties related to the reconciliation area including the reconciliation of Company general ledger accounts

Desired Skills:

  • Investment Banking knowledge.
  • End to end Reconciliation knowledge.
  • Excellent problem solving & analytical skills.
  • Ability to work well under pressure.
  • Proficiency in MS Excel and Word.
  • Working knowledge in MS Office products including MS Excel, a must.
  • Solid understanding of financial and capital markets (fixed income securities and Equity).
  • Must have knowledge of general accounting skills including account reconciliations, debits and credits.
  • Understanding of various types of accounts and their accounting.
  • Ability to liaise with key business partners.
  • Excellent oral & written communication skills.
  • Highly motivated individual with a diverse background in financial analysis.
  • Attention to details and drive for accuracy.
  • Knowledge of  financial and capital markets (Fixed Income/Options/equity).
  • Knowledge of General Accounting activities & principles  (journal entries, debits/credits, colour of entries and treatment in books etc.)

How To Apply: Apply For This Job.