Job Description : Overview :
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most.
This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
Process Overview :
The FAKC (Finance and Accounting Knowledge Center) was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions.
The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Global Procurement.
Over the years, the scope of FAKC has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.
Job Description :
The candidate will work in the Global Procurement function and be responsible for maintaining data quality, UNSPSC / NAICS to Category mapping for Ariba and Reporting.
This is done through correct categorization of vendors’ product / services thereby determining the risk associated with the engagement.
The candidate will also be responsible for reporting management Routines. Role requires the analyst to work closely with diverse teams in order to source accurate data / information.
depth knowledge of procurement data / functions.
Candidate should have the ability to understand data and how it moves between systems. Generate Subject Matter Expertise about Spend Channels and how the spend gets moves from one system to another
Mandatory skills :
Desired skills :
Work Timings - 11 : 30 am to 8 : 30 pm (IST)