12 Oct
|
Bank Of America
|
India
12 Oct
Bank Of America
India
Assistant Manager Location: Gurugram, India
About Us 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 adaptable 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!
Global Business Services Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence, and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview* Corporate Accounts Payable is performing various accounts payable activities. Primary activities include vendor set-ups and operations, employee reimbursements, vendor invoicing, cards maintenance, etc. Vendor set-ups require creating vendor records on the system for any payment to an external vendor or employee of the Bank. Employee expense reimbursement performs audit of travel and entertainment expense claims submitted by Bank employees. Invoicing function includes validation of vendor invoices to ensure compliance with Bank's policies before payment to vendors. Team is also responsible for maintenance of corporate cards issued to Bank employees.
Accounts
Payable team caters to multiple regions across North America, EMEA, and APAC & LATAM.
* The incumbent will be supporting CAP operations for SPI 106356 (Receive & Process SAP Invoices), 102915 (Resolve End User Queries), 102770 (Manage Payee Data), 102768 (Employee Expenses), 102914 (US Tax Reporting), 124494 (Global Card Program), and SPI 102904 (Receive & Process Oracle Invoices).
Key responsibilities include:
- Provide governance and end-to-end oversight of Invoice Processing, EER, Payee Operations, Indirect Tax, and related CAP processes.
- Perform senior-level transaction reviews, exception handling, and complex issue resolution while ensuring adherence to policies and controls.
- Monitor and govern SLA, productivity, accuracy, aging, quality, and risk metrics; drive corrective actions and sustainable improvements.
- Execute compliance reviews, quality assurance programs, and control testing activities to ensure audit readiness.
- Partner with Business, Procurement, Technology, and Operations stakeholders to resolve issues and drive process enhancements.
- Lead process standardization, automation, AI/Copilot adoption, and continuous improvement initiatives.
- Support audit and risk management activities including issue identification, root cause analysis, and remediation.
- Coach and develop team members, ensuring effective succession planning, knowledge management, and operational resilience.
- Drive a culture of accountability, operational excellence, innovation, and risk awareness across the team.
- Support cross-training and contribute across other CAP functions including Vendor Setup, Concur, Cards and related operations as required.
Requirements*Education*
- Bachelor's degree in Commerce, Finance, Accounting, Business Administration, or related discipline.
- Post-graduation / MBA.
Experience Range*
- 6 years of experience in Accounts Payable, Finance Operations, Shared Services, or Corporate Accounting environment.
Foundational skills*
- Strong knowledge of Accounts Payable operations including Invoice Processing, Vendor Management, Employee Expense Reimbursement, Corporate Cards, Payee Operations, Tax Reporting, or Card Administration.
- Proficiency in Microsoft Excel (advanced functions, data analysis, reporting, and dashboarding).
- Strong understanding of operational risk, controls, audit, compliance, and quality assurance frameworks.
- Excellent written and verbal communication skills with the ability to interact effectively with global stakeholders.
- Strong problem-solving and analytical skills with the ability to manage complex exceptions and escalations.
- Experience managing SLAs, productivity, accuracy, aging, and quality metrics.
- Knowledge of Robotics Process Automation (RPA), GenAI/Copilot, and workflow automation solutions is preferred.
Desired skills*
- Working knowledge of SAP, Oracle, Concur, Ariba, GEP, and automation tools.
- Strong data analytics and reporting capabilities using Excel, Power BI, SQL, or similar tools.
- Prior experience in a Senior Reviewer, SME, or equivalent governance role preferred.
Work Timings*
- 11:30 AM to 8:30 PM
Job Location*
- Gurugram
Learn more about this role
📌 Assistant Manager (India)
🏢 Bank Of America
📍 India