Finance Manager - Corporate Planning, Compensation and Benefits

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.

Team Specific Job Description:

The Finance Manager and Automation Lead will drive automation of forecasting, reporting, and analytical processes across Corporate Planning and Compensation and Benefits Finance. The role will design scalable solutions, strengthen data governance and controls, reduce manual effort, and accelerate decision-useful insights. It will also support key enterprise incentive compensation processes and partner with Human Resources, Corporate Treasury, Finance, and other stakeholders on high-priority planning and expense-management initiatives.

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
  

Team Specific Responsibilities:

• Lead automation strategy across Corporate Planning and Compensation and Benefits Finance, prioritizing opportunities that improve efficiency, scalability, controls, and speed to insight.
• Design and implement automated forecasting, reporting, and analytical solutions using Alteryx, Tableau, Excel, and other tools.
• Redesign and standardize processes and data structures to reduce manual effort, improve data quality, and expand analytical capabilities.
• Establish governance, documentation, controls, and maintenance practices that support sustainable and resilient automated solutions.
• Lead forecasting and reporting routines for non-formulaic incentive compensation
• Analyze performance variances and deliver actionable insights, research, and analysis to business and finance stakeholders.
• Support key incentive compensation processes, including enterprise forecasting and stock-based compensation inputs to the capital, liquidity and payroll tax forecast.

Required Qualifications:

• Demonstrated experience leading process improvement, automation, or finance transformation initiatives from concept through implementation.
• Intermediate or advanced experience with Alteryx and Tableau, and advanced Microsoft Excel skills.
• Ability to assess processes and design scalable solutions with effective governance and controls.
• Experience managing, organizing and analyzing large data sets.
• Five or more years of relevant finance, financial planning and analysis, or related experience.
• Strong financial acumen and analytical skills, with demonstrated accuracy in high-visibility responsibilities.
• Strong communication, presentation, organization, leadership, business partnering, and stakeholder-management skills.
• Ability to manage multiple priorities and deliver results in a dynamic, cross-functional environment.

Desired Qualifications:

• Financial planning, analysis, and reporting experience.
• Knowledge of incentive compensation accounting, forecasting, or program design.
• Experience developing executive- or Board-level reporting and communicating complex financial topics to senior stakeholders.
• Working knowledge of financial hierarchies and enterprise finance data structures.

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

Minimum Education Requirement:

• Bachelor’s degree in accounting, finance, or a related field.

Shift:

1st shift (United States of America)

Hours Per Week: 

40