Job Description:
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!
Job Description:
The Carbon Accounting and Reporting team is part of the Corporate Sustainability Controller group within Global Financial Control in CFO. The primary focus of the team is to interpret and implement mandatory and voluntary carbon accounting and reporting requirements at the enterprise and legal entity levels which includes metrics and key performance indicators to be used in measuring carbon risks and performance. Another key focus is to define data requirements for reporting and to prepare business requirements documentation related to technology solutions to support carbon accounting and reporting.
The assistant carbon controller will be responsible for delivering carbon reporting, covering all greenhouse gas emission scopes as per the GHG Protocol, as well as partnering closely with climate data operations and other key stakeholders. This role ensures appropriate control procedures are applied to support the material accuracy of reporting and will present internal carbon performance reporting to enterprise leadership. Other deliverables include the preparation of portfolio and client level financed emissions metrics and performance reporting, and the provision of materially accurate carbon information for inclusion in enterprise and legal entity level external reports.
Responsibilities:
- Help intake (read, gap assess) new mandatory and voluntary carbon accounting and reporting requirements at the enterprise and legal entity level, covering Greenhouse Gas Protocol, Partnership for Carbon Accounting Financials (PCAF), and other regulatory mandated carbon calculations/reporting requirements
- Help interpret mandatory and voluntary carbon accounting and reporting requirements at the enterprise and legal entity level, including the GHG Protocol, PCAF, etc.
- Help develop and implement approved carbon accounting methodologies based on relevant guidance
- Define data requirements related to mandatory and voluntary carbon accounting and reporting requirements
- Prepare business requirements documents (BRD) related to technology solutions to support carbon accounting and reporting
- Develop BRD for any models needed to support carbon accounting and reporting
- Partner closely with environmental data solutions team, with focus on data collection, client data, public domain reference data, relevant data controls, and data quality reporting
- Ensure appropriate control procedures are applied to support the material accuracy of carbon reporting
- Help establish appropriate processes to oversee/monitor the carbon accounting and reporting control environment, including regular reporting
- Understand climate scenario emissions trajectories and their effects on our financed emissions
- Help provide high quality portfolio and client level financed emissions estimates for downstream consumption (LOBs, Risk and other functions)
- Provide materially accurate carbon information for inclusion in enterprise and legal entity level external reports
- Prepare carbon information required to support regulatory and voluntary external reporting at the enterprise and legal entity levels
Required Qualifications:
- 5+ years of financial controller experience
- Strategic thinker with ability to translate complex data into actionable insights
- Collaborative individual who proactively builds trusted relationships, establishes credibility and influences internal and external key stakeholders in a heavily matrixed environment
- Ability to quickly gain understanding for critical deliverables and mobilize resources to deliver results
- Exposure to carbon accounting , greenhouse gas emissions & climate control
Desired Qualifications:
- Experience at a large company with public accounting experience
- Bachelor of Science or Masters in Accounting, CPA
- Strong controllership experience
- Understanding of key business or SOX controls
- Demonstrated ability to partner with key stakeholders
- Strong analytical skills and attention to details
- Passionate about environmental sustainability and climate change mitigation
- Commitment to continuous learning and professional development in the field of sustainability
- Proficiency in carbon accounting methodologies and software tools
- In-depth knowledge of carbon reporting frameworks and standards
Skills:
- Financial Accounting & Reporting
- Risk Management
- Stakeholder Management & Relationship Building
- Continuous Improvement
- Regulatory Compliance
Shift:
1st shift (United States of America)
Hours Per Week:
40
