Team Leader Hyderabad, India **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba\_continuum/job/Hyderabad/Team-Leader\_25030265) **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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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*** The Global Finance was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management. Over the years, the scope of Global Finance has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance. **Job Description*** This role is for the right candidate who has strong knowledge and understanding of the Balance sheet reconciliation and ledger reporting. The role involves preparing and reviewing of reconciliations of Balance Sheet / DDAs accounts of Bank of America adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS). It involves monitoring, managing, and reviewing completion of task in timely manner and to ensure all process SLAs are met. To Investigate and report out any breaks to business partner to ensure adequate time for investigation. The associate must have a strong understanding of accounting fundamentals and be able to communicate and explain account activity and usage to internal and external audit queries via email and or telephone. The reconciliations should be performed as per the set standards in the Account Reconciliation Policy. Exposure to Six Sigma and other quality improvement tools would be an added advantage. **Responsibilities*** + Ensure that the reconciliations are performed as per procedures/ standard policies. + Ensuring to prepare and review balance sheet/ DDA (Demand Deposit Accounts) / accounts in automated and manual platform, perform reporting in certification or other reporting tools as per policy. + Ensure the balance sheet account transaction flow on accounts is understood and recorded in the process procedures. + Ensure that the targets assigned in accordance with the SLAs are met. + Rigorous follow up with LOB on open items & get the required documentation completed for aged items as per defined timelines. + Ensure that quality of the Reconciliation is followed as per predefined parameters. + Should have an excellent understanding of different balance sheet account reconciliations. + Identify potential areas for process improvements, risk reduction, non-compliance & highlight the same to the supervisor. + Provide relevant process reports as and when require. **Requirements*** **Education*** CA **Experience Range*** 0-1 year experience **Foundational skills*** • Excellent understanding of accounting concepts • Good exposure to Balance sheet reconciliation domain and tools • Strong Analytical and Problem-solving skills • Good communication skills • Effective communication and leadership abilities **Desired skills*** + MS Excel and Exposure to Emerging Technologies like Alteryx and Tableau **Work Timings*** 12:30 PM to 09:30 PM, with weekend off **Job Location*** Hyderabad Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.