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Activity Costing/Modeling Analyst

Bank of America


Location:
Iselin, NJ
Date:
05/25/2017
Job Code:
bankofamerica-16059228IselinNJ
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Job Details

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Company Bank of America

Job Title Activity Costing/Modeling Analyst

Jobid bankofamerica-16059228IselinNJ

Location: Iselin, NJ, 08830, 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.



Responsibilities:



+ Develop activity costing models/tools for one or multiple Enterprise Cost Management (ECoM) projects

+ Provide analytical and financial support for multiple ECoM workstreams

+ Partner with LOB and Finance SMEs to gather input data and understand business processes and organizational constructs

+ Develop executive packages providing alternate output views to support business decisions and on-going analysis

+ Support business level ABC-themed costing activities

+ Work across multiple projects with project leads to drive modeling consistency across all workstreams

+ Maintain modeling process and approach documentation

+ Participate and provide input into broader ECoM technology infrastructure development



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

+ 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



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



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



**Travel** : Yes, 5% of the time



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



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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