Activity Costing Analyst

Bank of America

Charlotte, NC
Job Code:
Bank of America
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Job Details

Company Bank of America

Job Title Activity Costing Analyst

Jobid bankofamerica-16059230CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**

Enterprise Cost Management (ECoM) designs and delivers an integrated approach (process, tools & information) through an activity based economic modeling capability that enables the bank's LOBs and support groups to take ownership of the end-to-end cost management. ECoM provides the transparency to enable the optimization of operational efficiency and responsible revenue generation.

ECoM focuses its efforts and is a strategic partner with various areas of the bank. At the direction of leadership, ECoM has partnered with divisions of Retail, Global Commercial Banking, Global Corporate & Investment Banking, and Global Markets.

ECoM sits within the COO office of the CFO Group. The team of approximately 15 is largely based in Charlotte, NC.


+ Provide Business Level knowledge for costing, business process & business requirements

+ Provide business support on one or multiple Enterprise Cost Management (ECoM) projects

+ Support business level ABC-themed costing activities

+ engagement of LOB and Finance SMEsto gather data

+ Developing taxonomy development, activity capture& mapping

+ Documentation of cost drivers and accumulators for in scope LOB and Support groups

Enterprise Role Overview:

Responsible for directing the day-to-day finance activities for a business unit or associate area. Activities include strategic and annual planning and implementation, profitability analysis, forecasting and financial reporting. Manages partner relationships and associates. Considered a working manager. In addition to supervisory / administrative duties, individuals are actively involved in the execution of processes. Assists management in the development and implementation of policies and procedures.

Required Skills

+ Bachelor's degree, in accounting or finance

+ 3-5 years of professional/demonstrated work experience within financial services industry

+ Proficient in Microsoft Office suite of products, with emphasis on strong Excel (macros, pivot tables, look-ups, and filtering), PowerPoint, and Access skills

+ Superior ability to communicate concepts and ideas both verbally and in written form

+ Proven analytical and problem solving skills

+ Proven ability to communicate, partner and influence across a matrix organization.

+ Highly organized, detail oriented, proactive, and ability to multitask

+ Desires a dynamic team environment and ability to work well in team environment

+ Able to manage and mentor financial professionals

+ Comfortable interacting with Senior Management and Finance teams throughout the organization

Desired Skills

+ An understanding of the issues relevant to Bank of America and Merrill Lynch, its world-wide businesses and the global financial services industry

+ Maintains an up-to-date perspective and knowledge of the business

+ Applies business knowledge to solve business problems and create new opportunities

+ CPA Preferred

+ MBA Preferred

**Posting Date** : 12/21/2016

**Location** : US-NJ-Iselin, US-NY-New York, US-NC-Charlotte

**Travel** : No

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

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**Diversity & Inclusion**

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