Finance & Accounting Associate

3 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:
  • Participate in low complexity initiatives to drive overall effectiveness of team in preparing data and assisting in research on product line, operational, and strategic planning
  • Review variance and trend analyses tasks or initiatives that require planning, evaluation, and interpretation
  • Support operational aspects of work including maintaining financial data, validating accuracy, preparing and analyzing operations and strategic plans
  • Prioritize work and provide day-to-day-work leadership and mentorship to Finance team
  • Develop understanding of model compliance and risk management requirements for supported area
  • Lead or contribute to implementation of new or revised processes and procedures that require coordination among various teams
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
  • 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:
  • 6+ months of Finance experience, 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
  • 3+ years of experience in Finance and Accounting.
    Job Expectations:
  • CA/CMA/CS/CPA/MBA/M.Com with experience at a financial institution or accounting firm
  • Knowledge and understanding of conversions, system analysis, data mapping, conversion reconcilement, validation and implementations
  • Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions
  • 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
  • Shift timings: 1:30 PM to 10:30 PM
Posting End Date:

*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.

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