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Country Controller (Finance)

Bank of America

Bank of America

Accounting & Finance
Beşiktaş/İstanbul, Turkey · United States · Remote
Posted on Wednesday, May 22, 2024

Job Description:

Job Title: Country Controller (Finance)

Corporate Title: up to VP

Location: Istanbul

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

The Team:

Bank of America Yatirim Bank Finance is a team of 5 people reporting into the BOFAYB CFO. The BOFAYB Finance department covers the regulatory & corporate reporting, product control and accounting of an investment bank in Istanbul / Turkey.

Role Description:

  • Local regulatory reporting
  • Monthly Corporate Reporting(Including USGAAP reporting)
  • All local tax calculations & submission to tax authority
  • Daily Product PL, Explain and Reporting, New Deal Risk & PL Analysis
  • PL/BS Reporting & Reconciliation
  • Accounting & Accounts Payable function

BOFAYB is looking to employ a Country Controller to complete the above listed functions. The successful candidate will need to be locally based and will provide an oversight over BRSA rules & regulation as well as other regulatory body rules & regulation. This role is expected to establish an effective regulatory reporting system in line with the communiques and regulations of Banking Law and as published/required by BRSA and other local regulatory bodies like CMB, CBOT, etc.

Responsibilities:

The key objective of this position is to help establish a strong & accountable Finance team which provides the highest quality of service as a support group function both to internal & external stakeholders.

  • Ensure that all local regulatory reports are prepared, in full compliance with the related communiques and regulations as well as the BOFAYB policy and procedures and submitted flawlessly on time with 100% accuracy.
  • Taking part in the internal and external audits, communicating with the auditors, assuring that all requests are prepared and submitted on time and with 100% accuracy
  • Performing daily internal control process to ensure that all bookings are complete and correct
  • Control and approval of daily accounting journals
  • Preparing financials of the bank, analysing the numbers, providing explanation to the fluctuations, investigating any breaks/differences, controlling the internal/external funding process and the liquidity position
  • Substantiation of all B/S accounts, execution of trend analysis and assessing through the cost control.
  • Assuring of all management and Bank of America group specific reports are prepared in full compliance with global procedures and submitted flawlessly on time.
  • Preparing corporate income tax of the bank with respect to both local and Bank of America rule and regulations.

What we are looking for:

  • Local Regulatory Reporting Knowledge
  • Local Accounting Knowledge
  • Investment Bank Product Knowledge
  • Technical Skills (Excel, Word, PPT, etc.),
  • Fluent in Turkish and English (Writing, Reading & Speaking)

Skills that will help:

  • Ability to work well in a team environment
  • Ability to pro-actively resolve problems and take ownership of areas of responsibility
  • Take initiative to get things done on time and accurately

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.