Operations Consultant - Global Payment Operations Reconcilement

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!

Line of Business Job Description:

Role supports and will work directly with the GPO Reconciliation COE senior leadership team to drive continuous process improvement across the organization. The incumbent will focus on process excellence across the GPO Reconciliation COE. Responsibilities include integration of initiatives into the line of business, education on new as well as existing processes and working directly with leaders and employees to identify and act on improving the workflow and process knowledge across the teams.

Job Description: This job is responsible for the day-to-day resolution of complex problems and the research and execution of complex transactions for a single site/business unit or smaller business unit(s). Key responsibilities include strategically advising upon the design, development, and implementation of products, systems, and services using discretion within the project management methodologies.

Responsibilities:

Role supports the GPO Reconciliation COE specifically the accounting control team

Responsible for oversight and initiatives related to the line of business owned general ledger and bank operating accounts.

Ensures adherence with various enterprise policies, standards and controls to include Account Reconciliation, Global Bank Account, and Process Management

Follows established procedures & guidelines while utilizing multiple systems & tools.

Considered a subject matter expert in General Ledger debits, credits and source codes to aid in interpreting and understanding the inner workings of the account

Advises on the design, development, and implementation of complex products, systems, and services in an operations environment using discretionary judgment

Advises on projects and directs activities of a team related to special initiatives

Advises as a technical expert in assigned area, providing an understanding of the business unit's operations processes and implications on other groups within the operations function

Consults on present-state, develops alternative future-state approaches, and facilitates implementations by creating a clear and coherent approach to guide effective program/initiative setup, execution, and control

Identifies and recommends responsibilities and accountabilities for key programs/projects

Required Qualifications:

Minimum of 3 years of operational accounting experience along with working knowledge of processes to include applicable policies and regulations

Previous experience with general ledger

Thorough understanding of debits and credits

Ability to multi-task and meet specific performance goals

Excellent problem solving skills

Detailed oriented, self-motivated, assertive

Demonstrates ability to work flexible schedules and adapt quickly to change

Demonstrates leadership skills consistently

Must possess excellent verbal and written communication skills

Work well in a team environment as well as independently

Excellent research, analytical & decision making skills

Proficient skills utilizing MS Excel

Desired Qualifications:

Experience with various systems which may include: Recon Plus, PIX, eLedger, FDES, BOSS, Content Navigator, MSS, BFT, Cashpro and TSYS

Skills:

Customer and Client Focus

Problem Solving

Risk Management

Adaptability

Attention to Detail

Collaboration

Critical Thinking

Issue Management

Analytical Thinking

Decision Making

Oral Communications

Presentation Skills

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency details

US - VA - Richmond - 8001 VILLA PARK DR - VILLA PARK OPS CENTER BLDG C (VA2100)

Pay and benefits information

Pay range

$59,700.00 - $96,300.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.