Financial Accounting Associate

2 weeks ago

Chennai, India WELLS FARGO BANK Full time

**About 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 financial systems to ensure accuracy
- Prepare and review account reconciliations and certifications
- Understand the recorded loans and how they are reported for SEC and Regulatory reporting
- Maintain knowledge of WF accounting and regulatory reporting policies.
- Understand and ensure compliance and risk management policies.
- Analyze projects relating to financial accounting procedures, methods or systems
- Perform ongoing financial control functions in accordance with internal controls policies
- Provide functional advice and training to individuals
- Provide support for compliance and risk management requirements
- Collaborate and consult with stakeholders throughout the enterprise
- **Required Qualifications**:

- 3+ years 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
- **Required Qualifications, International**:

- 3+ years of experience in Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting, Risk Reporting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- **Desired Qualifications**:

- CA/CMA/CS/CPA/MBA\M.Com
- **Job Expectations**:

- CA/CMA/CS/CPA/MBA\M.Com with experience at a financial institution or accounting firm
- Knowledge of US GAAP/IFRS and Commercial Lending
- A solid understanding of the accounting, reporting, and internal control issues facing large, diversified US financial services institutions
- Strong analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and interpersonal communication skills
- Experience executing a COSO-based Sarbanes-Oxley internal control assessment
- Track record of successfully partnering with others to drive change
- Ability to troubleshoot, identify and understand downstream impacts
- Demonstrated ability to take initiative, drive innovation, credibly challenge and proactively influence risk and control environments
- Ability to quickly evaluate emerging risks, understand impacts and implement appropriate adjustments to plan

**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.

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