Financial Reporting Specialist

4 weeks ago


Chennai, Tamil Nadu, India WELLS FARGO BANK Full time

About this role:

Wells Fargo is seeking a skilled professional to join our team as a Financial Reporting Analyst.

This role involves meeting the company's regulatory, Security and Exchange Commission, and other external financial reporting requirements.

As a Financial Reporting Analyst, you will support external financial reporting activities with a thorough understanding of reporting requirements, end-to-end reporting processes, and data needed to deliver accurate and complete financial reporting.

You will also support the implementation of moderate to complex projects and initiatives, provide accounting technical regulatory capital and regulatory reporting guidance, and identify compliance and risk management requirements for supported areas.

Additionally, you will collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals, communicate and provide consultation with experienced stakeholders throughout the enterprise, and provide support and input to impact of reporting deficiencies and related issue remediation.

Key Responsibilities:

  • Meet regulatory, Security and Exchange Commission, and other external financial reporting requirements
  • Support external financial reporting activities with a thorough understanding of reporting requirements, end-to-end reporting processes, and data needed to deliver accurate and complete financial reporting
  • Support implementation of moderate to complex projects and initiatives
  • Provide accounting technical regulatory capital and regulatory reporting guidance
  • Identify compliance and risk management requirements for supported areas
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
  • Communicate and provide consultation with experienced stakeholders throughout the enterprise
  • Provide support and input to impact of reporting deficiencies and related issue remediation

Requirements:

  • 2+ years of Finance, Accounting, Financial Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Experience in Finance, Accounting, Financial Reporting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Demonstrated history of being an independent self-starter, ability to effectively communicate at all levels, and capable of working efficiently to meet tight deadlines
  • Qualified CA/CFA/CPA/MBA Up to 5 to 8 years of experience in one or a combination of the following: finance, accounting, analytics, and reporting
  • Demonstrate solid Accounting skills from a Regulatory Reporting perspective
  • Ability to supervise work flow and task execution within a team environment
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Extensive knowledge and understanding of research and analysis
  • Ability to work effectively in a team environment and across all organizational levels
  • Solid project management skills including the ability to handle multiple projects concurrently

Preferred Qualifications:

  • Good end-user knowledge of core US Regulatory Weekly and Quarterly Reporting
  • Report Owner experience would be helpful, with the ability to work on preparing and reviewing data received from Business Controllers & G/L
  • Candidates will be expected to drive process reengineering initiatives consistent with Enterprise Finance strategies
  • This will include leveraging robust data quality analysis skills, knowledge of industry tools like SAS, Toad
  • Specific end-user knowledge of Alteryx and Axiom would be an advantage
  • Candidates would preferably have a working knowledge of US Regulatory Reporting with some experience working on the FR Y9-C, FFIEC101, and FFIEC031
  • Candidates will be expected to develop SME knowledge of the main Regulatory Reporting requirements
  • Support preparation of Executive level information that would include supporting the board level financial summaries
  • Candidates may partner with Corporate Accounting Policy, Business Controllers, and the Regulatory Interpretations Team to ensure that consistent adherence to regulatory rules including assessment of scheduled changes
  • The Analyst will support compliance with requirements under the Company's Regulatory Reporting Governance & Oversight Framework


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