Legal Entity Controller Specialist

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. 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!

Job Description

The CFO Group is currently searching for a Legal Entity Controller Specialist to join the Global Legal Entity Controllers team in Brazil. This job is responsible for performing financial reporting for one or more legal entities ensuring books and records are kept in accordance with US and local Generally Accepted Accounting Principles (GAAP) as well as supporting local regulatory reporting. Key responsibilities include performing activities for the month-end close process such as preparing, recording, reconciling, and reporting financial results in addition to financial regulatory reporting and financial statements preparation. Job expectations include reviewing, analyzing, and preparing statutory accounts and regulations and their calculations.

Responsibilities

• Engages in the month-end close process for US and local Generally Accepted Accounting Principles (GAAP);
• Prepares monthly, quarterly, and annual legal entity reporting and analysis to meet regulatory reporting requirements and requirements of the Executive Management Team and Board of Directors;
• Responsible for local financial reporting especially the Central Bank reports (CADOCs);
• Oversight of US regulatory reports of local legal entities;
• Supports income tax provisioning and preparation of tax returns;
• Preparation of audited financial statements, with engagement with all involved stakeholders;
• Ensures an appropriate internal control environment is established by overseeing it operates effectively within areas of responsibility and appropriately escalating issues as needed;
• Remains updated and aware of regulatory changes, continuously assesses and enhances regulatory reporting processes, and improves the quality of regulatory submissions;
• Partners with regulators, auditors, tax authorities, business units, and other internal teams, including Global Regulatory Reporting and Corporate Tax, with regards to local accounting and reporting.

• Experience in products related to Banking and Markets;
• Desired a 10+ years of experience in Accounting (or correlated area);
• Expert in BRGAAP (+Cosif) with solid knowledge in US GAAP / IFRS accounting skills, with active Local CPA (CRC);
• Strong problem solving, analytical and communication skills to make sound and independent judgment and decisions under rapidly changing and often stressful environment;
• Highly motivated, pro-active, self-starter, multi-tasking and committed to getting the job done;
• Able to work under pressure and tight deadlines;
• Graduated with degree in Accounting, Business Administration, Economics and correlated areas;
• Fluency in English (written and spoken) - Spanish is desired;
• Strong ability in Excel, Oracle and SAP.

• Attention to Detail;
• Analytical Thinking;
• Financial Accounting and analysis;
• Continuous Improvement;
• Oral & Written Communications;
• Stakeholder Management;
• Process Management;
• Risk Management;
• Policies, Procedures, and Guidelines Management.