Bank Of America Recruitment 2016 for Freshers - Team Developer
Bank Of America Job Openings in Hyderabad for freshers as Team Developer position
B.Com, M.Com, MBA Freshers are eligible to apply for this position. Interested and eligible candidates can apply online through the below provided link.
Bank Of America Recruitment 2016 for Freshers:
Company Name : Bank Of AmericaQualification : B.Com, M.Com, MBA
Experience : Freshers
Job Location : Hyderabad
Job Role : Team Developer
Industry Type : IT-Software
Salary : Not Mentioned
Website : www.jobsbazzer.com
Job Description:
Reconciliation team reconciles various General Ledger, Cash, Position, NOSTRO, Intercompany accounts on a daily/weekly/monthly basis in accordance with established procedures and time frames, utilizing the Reconciliation system to balance the accounts.
The Incumbent will be required to research, process journal entries to various accounts when needed and assist operating areas with resolving all open items, escalating any aged items to the concerned business unit and also perform balance sheet sign off.
Accurately reconcile various General Ledger, Cash, Position & NOSTRO accounts on a daily/weekly/monthly basis in accordance with established procedures and time frames, utilizing the Reconciliation system to balance the accounts.
Research and assist operating areas with resolving all open items, escalating any aged items to the concerned business unit.
Process journal entries to various accounts when needed. Participate in weekly and monthly reporting that is sent to Regulatory Reporting.
Responsibilities:
Responsible for performing various duties related to the reconciliation area including the reconciliation of Company general ledger accounts
Maintain and reconcile multiple Bank accounts
Research and resolution of outstanding exceptions
Post journal entries to the general ledger
Preparation of daily/weekly/monthly Reconciliation Reports
Balance sheet substantiation
Regulatory report compilations
Adherence to the SLA’s – productivity, turn-around-time, and accuracy
Interact with business partners and units on day to day functionalities
Adhere to corporate standards and procedures in reconciliation
Other accounting department responsibilities as needed
Review systems and processes and Engage in improving processes where opportunities exist
Assist with any further requirements as they arise. This may include cover for staff on leave
Must Have Skills:
Solid understanding of financial and capital markets (fixed income securities and Equity)
Must have knowledge of general accounting skills including account reconciliations, debits and credits
Understanding of various types of accounts and their accounting
Ability to liaise with key business partners
Excellent oral & written communication skills
Highly motivated individual with a diverse background in financial analysis
Proficiency in MS Excel and Word
Excellent problem solving & analytical skills
Knowledge of financial and capital markets (Fixed Income/Options/equity)
Knowledge of General Accounting activities & principles (journal entries, debits/credits, colour of entries and treatment in books etc.)
Working knowledge in MS Office products including MS Excel, a must
Attention to details and drive for accuracy
Ability to work well under pressure
Excellent problem solving & analytical skills
Good to Have Skills:
Investment Banking knowledge
End to end Reconciliation knowledge
Commerce Graduates (B.Com /M.Com/MBA)
Bank of America Selection Process:
Aptitude Test
Technical Interview
HR Interview
Document Required (Original and Photocopies):
SSC Marksheet
HSC/Diploma Marksheet
Graduation & Post Graduation all years’ mark sheets
Photo ID proof (Pan Card/ Passport / Driving License / College ID)
2 photographs
Resume
How To Apply For Bank of America Recruitment 2016:
Apply Here
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