Financial Accounting Associate

1 month ago

Chennai Tamil Nadu, India Wells Fargo Full time

**Job Description**:
**About this role**:
Wells Fargo is seeking a Financial Accounting Associate.

**In this role, you will**:

- Provide support for financial accounting related matters for lines of business and control functions
- Review basic activities associated with maintaining ledger accounts, financial statements and regulatory reports
- Gather financial data for financial and regulatory reports
- Review data from the general ledger, unit reports and various financial systems to ensure accuracy
- Receive direction from managers and exercise independent judgment while developing understanding of financial control functions in accordance with the company's internal control policies
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

**Required Qualifications**:

- 6+ months of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

**Desired Qualifications**:

- Qualified CA/CFA/ICWA/MBA-Finance with 6+ months of experience in Finance & Accounting.
- Experience working in a financial services environment - financial accounting and/or regulatory reporting experience a strong advantage, but individuals with backgrounds in Operations, Risk, or other functions providing an insight into banking products and services will be considered.
- Performance of regulatory reporting production tasks, including Operate/monitor data sourcing and data ingestion processes
- Run defined production processes involving data transformation, and as necessary adjustment, to create required outputs.
- Operate key production related controls, including investigation and escalation of issues where required
- Perform analytical review of reporting output, including provision of commentary as necessary
- Support development and maintenance of a robust and effective control environment.
- Provide relevant control metrics as required to facilitate oversight and governance
- Handle issues and errors in line with International Controller and Enterprise-wide policies and procedures.
- Ensure operational documentation is maintained and is best in class.
- Participate in change management activities to support ongoing reporting accuracy and process efficiency.
- Support continuous improvement of processes utilized within regulatory reporting, embracing wherever possible digital tools such as Alteryx, Tableau, Workiva.
- Support change delivery, including (but not limited to) creation of business requirements, engagement with testing, input into creation of revised operating models and supporting documentation.
- Self-motivated with the ability to work independently within a team structure.
- Innovative mindset, with a track record of process enhancement (enhancing efficiency, control, transparency).
- Understanding of change management discipline, and the ability to collaborate effectively data management teams and Technology partners
- Understanding of basic concepts in respect of controls and governance.
- Good communication skills, with the ability to present concisely and accurately (written and verbal)
- Strong academic background/degree educated
- Honesty and integrity in all aspects of their work.
- Intuitive; fast learner with good problem-solving skills.
- Good time management and organizational skills.

**Posting End Date**:
19 Dec 2024
**Job posting may come down early due to volume of applicants.**

**We Value Diversity**

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.

**Applicants with Disabilities**

**Drug and Alcohol Policy**

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

**Wells Fargo Recruitment and Hiring Requirements**:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

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