Bank of America Corporation
Job Summary Perform the duties required in the review, entry and processing of invoices, statement of works, and related documents involved in purchases such as maintenance agreements, software licenses, consulting engagements and other expense types as required. Will also be responsible for the gathering and compiling data relating to such agreements on a daily\/weekly\/monthly reporting. Job Functions: \u2022 Adhere to enterprise policy requirements and guidelines on contracting standards and purchasing standards \u2022 Responsible for the review, entry and processing of invoices and statement of works \u2022 Analyze existing contracts and statement or works to extract payment terms and invoice schedules. \u2022 Track and monitor invoices in process from initiation thru payment \u2022 Track and monitor Statement of Work transactions in process from initiation thru approval \u2022 Coordinate with internal business partners, technology leads, finance, sourcing and accounts payable \u2022 Work as liaison for external vendors and proactively identify opportunities for increased efficiency \u2022 Compile metrics and reports as required. \u2022 Communicate directly with vendors to resolve disputed items. \u2022 Research and follow-up on invoice document discrepancies Generally requires 2 years of experience. Job Requirements: \u2022 Experience in managing large value contracts and invoices Ability to read thru contract language to identify payment and invoice terms and conditions \u2022 Proficient in Microsoft Word and Excel skills \u2022 Excellent verbal and written communication skills. \u2022 Ability to complete tasks accurately and in a timely manner with limited supervision \u2022 Work effectively in fast-paced\/changing environment \u2022 Ability to multi-task effectively \u2022 Strong sense of ownership and urgency. \u2022 Working knowledge of SharePoint Additional Requirements: \u2022 Must have working knowledge in Ariba both Ariba Contract Workspace and Ariba Contract Compliance \u2022 Working knowledge of invoicing and related activities \u2022 Working knowledge of any ledger system such as SAP \/ Hyperion etc. Prior experience with invoice processing management \/ contract processing management 1. 3-4 years' relevant experience required 2. Must understand contract language 3. Vendor management experience is a plus
Bank of America Corporation
Website : http://www.bankofamerica.com
Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The companys Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,100 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The companys Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. Its Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. The companys Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company was founded in 1874 and is based in Charlotte, North Carolina.