![WELLS FARGO BANK](https://media.trabajo.org/img/noimg.jpg)
Operations Accounting Associate
1 week ago
Wells Fargo is seeking candidate responsible for providing reconcilement support to all the Lines of business groups within Commercial Banking Operations across APAC, EMEA, USA & Canada. The reconciliation includes Detailed Nostro/GL; Subsystem; Cash Substantiation; Portfolio Recon; FX Position; Supplemental (Multiple System Data comparison) and SWIFT Messages/Payments. Team Members will closely work with multiple departments/stakeholders (Finance, Cash, Operations, Static Data, Production Support, Technology, etc.) across globe to identify efficiencies and establish the necessary key controls to capture all risk related items specific to Commercial Banking Operations.
In this role, you will:
- Perform complex, operational accounting activities associated with maintaining ledger, customer accounts and developing reports.
- Provide operational accounting support for internal business groups or operations departments.
- Review data from the general ledger, unit reports and various systems to ensure accuracy.
- Recommend, implement, and communicate best practices and procedures for operational or financial control.
- Provide in-depth business review and develop long term strategies to optimize group or company performance.
- Manage implementation of complex operational accounting projects that have critical impact on the group or company.
- Gather and review operational or financial data for regulatory reports.
- Prepare and review account reconciliations and certifications.
- Review operational accounting procedures, methods, or systems.
- Identify and resolve complex or unique issues.
- Review accuracy of data from the general ledger, unit reports and various systems.
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
- 5 to 7 years of overall experience in banking industry required.
- Bachelor's degree in commerce or master's in business administration with finance stream.
- Knowledge of Corporate Accounting and Controls standards and policies Broad Banking/Financial services experience.
- Experience in performing various reconcilements such as Cash/Nostros, Suspense and Subsystem.
- Proven understanding of accounting fundamentals as it relates to Nostros/Cash, Suspense and Subsystem reconcilements.
- Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment.
- Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities.
- Ability to research and report on a variety of issues using problem solving skills.
- Proven ability/proficiency with the use of various types of automation.
- Proven knowledge of IRIS Web/Oracle GL processing.
- Ability to work both independently as well as within a team environment.
- Thorough knowledge on Nostro/Vostro, Foreign Exchange, SWIFT
- Effective oral and written communication skills.
- Open to any shifts (as applicable for APAC, EMEA, USA & Canada).
- Experience in Operational Accounting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- BCom or MBA (Finance).
- International Banking Operations Experience.
- Demonstrated understanding of the Corporate and Accounting Policy.
- Proven Basic or intermediate Microsoft Excel, Word, and Power Point skills.
- Proven Basic Excel VBA/Macro Skill - will be an added value.
- Perform daily detailed reconciliation for a variety of Commercial Banking business products like Nostro/Vostro, Payments Services, Trade Finance, Foreign Exchange, CDF, CRE, Treasury etc.
- Perform an end of day balance reconciliation between the "Subsystem (i.e., AIMS, InfoLease, LeaseConnect, Choice, Lucas) and General Ledger".
- Ensure the daily market fluctuation of a foreign asset/cash accurately recorded within the corporate GL, in US Dollars (Cash Substantiation).
- Review currency exposure or foreign exchange (FX) risk on the position level and report the valuation results on a regular basis (daily or monthly) based on an internationally accepted accounting principle.
- Investigate and escalate outstanding items as per accounting standard policy and OOB conditions on timely manner.
- Bank DDA to GL reconciliations.
- Reconciliation Open item resolution.
- Month-end closing & reporting including journal vouchers.
- Review and Approve documentation for aged items that exceed corporate standard.
- Monitor and validate daily/monthly reports received and loaded to the system to ensure accuracy in reconcilement and to avoid business impact.
- Assist with Books and Records month end close for the reconciliation includes detailed Nostro/GL; Subsystem; Cash Substantiation; FX Position; Supplemental (Multiple System Data comparison); Balance Sheet/P&L Certification.
- Assist with Audit and Operations inquiries and will keep the manager aware of any concerns or special requirements.
- Follow up on inquiries submitted by various lines of business for resolution or escalation.
- Analyze multiple system source data and provide the EOD report to Commercial Banking Operations department internal customer timely manner.
- Work closely with Oversight, Technology and Production Support team to resolve the issues/breaks.
*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
-
Operational Accounting Associate
1 week ago
Bengaluru, Karnataka, India Wells Fargo Full timeAbout this role:In this role, you will: Perform complex, operational accounting activities associated with maintaining ledger, customer accounts and developing reports. Provide operational accounting support for internal business groups or operations departments. Review data from the general ledger, unit reports and various systems to ensure accuracy....
-
Operations Associates
1 week ago
Bengaluru, Karnataka, India Art of Living HR Full timeWe are looking for a reliable operations associate to support the operations manager with the management of the day-to-day business. The operations associate's responsibilities include performing administrative tasks, assisting other company departments as needed, and ensuring smooth daily operations.A successful operations associate should be highly...
-
Associate Accountant
1 week ago
Bengaluru, Karnataka, India Assurant Full timeThis job Is responsible for: • Ensuring that invoices and payments are processed in accordance with company policies and procedures in a timely and accurate manner. • Providing assistance to accounting associates, Lead Accountant, Accounting transaction Manager, clients, and other departments as needed • Handling escalated issues involving...
-
Accounts Associate
1 week ago
Bengaluru, Karnataka, India Strategic Alpha Full timeRole: Accountant / Accounts AssociateWe're looking for a talented individual to join our Finance team as an Accountant or Accounts Associate.About the role:We are on the lookout for CA Inter or B.Com/M.Com accounts professionals with 1-3 years of experience to handle general accounting, TDS, and GST responsibilities.Requirements:Inter CA or Bachelor's degree...
-
Business Operations Associate
1 week ago
Bengaluru, Karnataka, India Hashmap Full timeThe CompanyNTT DATA Services is a top 10 global services company and part of the NTT Group, a Fortune 29 telecommunications and services company based in Japan. We operate with 60,000 professionals in 36 countries. Every day around the world we help clients explore new ways to respond to market dynamics with flexibility and speed, reduce costs with less...
-
Senior Associate
1 week ago
Bengaluru, Karnataka, India Accounting Client Full timeAudit Consultant - London Leading mid-market Audit, Accounting, Assurance and Business Advisory firm in London is seeking a junior qualified audit consultant from India to join their team. The firm provides a nurturing and collaborative working environment where individuals are highly valued. Clearly defined career pathways to empower you to manage your...
-
Business Operations Associate
1 week ago
Bengaluru, Karnataka, India Hashmap Full timeThe CompanyNTT DATA Services is a top 10 global services company and part of the NTT Group, a Fortune 29 telecommunications and services company based in Japan. We operate with 60,000 professionals in 36 countries. Every day around the world we help clients explore new ways to respond to market dynamics with flexibility and speed, reduce costs with less...
-
Operations Associate
1 week ago
Bengaluru, Karnataka, India NextGrowth Labs Full timeWe are looking for an Operations Associate to join our team and support our organization by managing the day-to-day tasks and administrative needs of our business operations. Operations Associate responsibilities include completing various administrative tasks, enforcing the organization's policies and standards, and assisting with recruitment activities....
-
Process Lead- Investment Accounting
1 week ago
Bengaluru, Karnataka, India AXA Group Operations Full timeRESPONSIBILITIESOperational Responsibilities Identify process efficiencies and participate in process improvement initiative Make updates and amendments to process documentation Participate in training sessions Perform transactional activities related to the function at the expected level of delivery in terms of turnaround time and quality while performing...
-
Process Lead- Investment Accounting
1 week ago
Bengaluru, Karnataka, India AXA Group Operations Full timeRESPONSIBILITIESOperational Responsibilities Identify process efficiencies and participate in process improvement initiative Make updates and amendments to process documentation Participate in training sessions Perform transactional activities related to the function at the expected level of delivery in terms of turnaround time and quality while performing...
-
Associate Accounts
1 week ago
Bengaluru, Karnataka, India URUZ CORPORATE SERVICES PRIVATE LIMITED Full timePosition: Associate - FinanceLocation: BangaloreExperience - 6 months to 2 yearsAbout Company: Prepare journal entries Complete general ledger operations Monthly closings and preparation of monthly financial statements Reconcile and maintain balance sheet accounts Draw up monthly financial reports Prepare analysis of accounts as requested Assist with yearend...
-
Accounts Associate
1 week ago
Bengaluru, Karnataka, India Strategic Alpha Full timeRole: Accountant / Accounts AssociateJob Description:We are excited to announce that our Finance team is hiring CA Inter or B.Com/M.Com accounts professionals with 1-3 years of experience. If you or someone you know has hands-on experience in general accounting, TDS, and GST, we would love to hear from you.Requirements: Inter CA or Bachelor's degree in...
-
Account Management Associate
1 week ago
Bengaluru, Karnataka, India ASSPL - Karnataka - B56 Full timeAmazon is seeking to hire a Account Management Associate in our team to help build our key categories by managing our top and most strategic Selling Partner Accounts. You will join a high performing, learning-oriented, analytical team, who are motivated to work hard, have fun, and make historyAs a Account Management Associate, you will be owning...
-
Associate - Retail Operations
1 week ago
Bengaluru, Karnataka, India Fidelity International Full timeAbout the OpportunityJob Type: PermanentApplication Deadline: 12 April 2024Job Description:Title Associate Retail OperationsDepartment Retail Operations - RRT CFTLocation BangaloreLevel Operational Processing-1We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and...
-
Associate - Ad Operations
1 week ago
Bengaluru, Karnataka, India Mile Full timeMile is currently looking for a self-motivated & hardworking technical associate to be part of our centralised ad operations team that enables a growing publisher as well as partner base with operational responsibilities spanning integrations/activations, platform setups/configs, quality control, production monitoring, operational troubleshooting & revenue...
-
Operations Associate
1 week ago
Bengaluru, Karnataka, India Teal India Full timeAt Terra Economics & Analytics Lab we're looking for an Operations Associate - Fulfilment to join our team.Full-time - BengaluruAbout the job:We are looking for a passionate Operations Associate - Fulfilment who can empower our clients with real estate insights through our proprietary real estate decision making platform the TEAL Terminal. At TEAL our...
-
Reinsurance Operations Associate
3 weeks ago
Bengaluru, Karnataka, India Swiss Re Full timeAbout the role:We are looking for an agile, motivated and dedicated personality who is ready to join our APAC Property and Casualty Operations Team in Bangalore as an Operations Associate. APAC Operations is part of the P&C Reinsurance division, which handles the in-force reinsurance business end to end. In your role, you will be responsible for handling...
-
Reinsurance Operations Associate
2 months ago
Bengaluru, Karnataka, India Swiss Re Full timeAbout the role:We are looking for an agile, motivated and dedicated personality who is ready to join our APAC Property and Casualty Operations Team in Bangalore as an Operations Associate. APAC Operations is part of the P&C Reinsurance division, which handles the in-force reinsurance business end to end. In your role, you will be responsible for handling...
-
Junior Operations Associate
1 week ago
Bengaluru, Karnataka, India Selah Full timeWe are seeking a Junior Operations Associate who is passionate about beginning their career in operations. This entry-level position is tailored for individuals keen to learn, adapt, and contribute to the operational efficiency of our dynamic team. The role offers an exceptional chance to gain hands-on experience across various operations management facets,...
-
Financial Accounting Associate
1 week ago
Bengaluru, Karnataka, India WELLS FARGO BANK Full timeAbout this role:Wells Fargo is seeking a Financial Accounting Associate...In this role, you will: Perform complex activities associated with maintaining ledger accounts, developing financial statements and regulatory reports Gather and review financial data for financial and regulatory reports Review data from the general ledger, unit reports and various...