Financial Accountant

Wells Fargo•Serilingampalli, Telangana, India

fulltime

Accounting/Auditing

5+ years

About the role

About This Role Wells Fargo is seeking a Financial Accountant.

The International Controllers group is responsible for regulatory, financial and management reporting requirements for a variety of Wells Fargo business lines and legal entities located outside of the US. The Change Management team within International Controllers supports accurate and timely discharge of those responsibilities by managing a large portfolio of change activity

This role will be responsible to manage large portfolio of change activity aimed at:

Ensuring complete and timely capture of new/amended requirements arising from internal or external changes (reporting rule changes, new business activity etc) ;
Developing efficient and effective solutions in partnership with key stakeholders (Controller reporting teams, technology etc), and implementing into production environments;
Driving enhancement (reduced manual intervention, improved run times, enhanced controls) of existing processes and infrastructure,

In This Role, You Will

Provide consultation to more experienced leadership for financial accounting related matters
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
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

2+ 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

Desired Qualifications

University degree in business, finance or accounting
Professional accounting designation
Experience working with core financial and/or regulatory platforms (Oracle, SAP, Axiom, FRS OneSumX)
Experience with digitization tools like Alteryx, Wdesk, Tableau, MS Teams etc.
Experience with Agile project delivery methodology
Experience in writing/executing SQL queries
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Well organized and can see the ‘big picture’ along with the details
Familiarity with JIRA & Confluence
Product knowledge (Derivatives, Loans, Secured Lending, Cash products)

Job Expectations

Qualified CA/CFA/ICWA/MBA-Finance with 5+ years of experience in with a focus on accounting, financial/regulatory reporting and controls, preferably with experience in a financial services environment
Strong technical background and proficiency with systems and spreadsheet skills including various Microsoft products like Word, Excel, Access, Visio etc.
Strong analytic, accounting and problem solving skills
A self-starter with excellent time and project management skills that can identify, plan, prioritize and deliver various work streams against deadlines
Proven ability to work independently and to identify and resolve issues by exercising professional judgement
Attention to detail
Excellent interpersonal and communication skills (verbal, written)
Perform a Financial and Regulatory Change Business Analyst role within the International Controller Change team
Work with the team lead on the planning, testing, implementation and management of book of work items which affect the Regulatory & Financial Reporting Infrastructure – scope of the role will cover both ‘Run the Bank’ maintenance activity, as well as larger scale strategic deliverables falling under the ‘Change the Bank’ banner
Perform impact analysis on book of work items and partner with colleagues in Project Management, Technology, Controllers and various other teams to help map regulatory and financial requirements to documented specifications and help support successful implementations of automated reporting solutions through iterative delivery (Agile)
Employ analytical, accounting and data mining skills to help map key data elements from multiple systems of records ultimately to specific regulatory reports.
Review business requirements for compliance against relevant regulation and substantive testing of those requirements to ensure implementation is correct
Focus on control environment and monitoring / driving process efficiency, including challenge of operating model
Documentation of user stories and participation in Agile ceremonies
Support of release management processes and any post production issues
Creation of best in class documentation for Release Management
Identify and champion opportunities for efficiencies and improvement through process re-engineering and use of ‘Next Gen’ digital tools
Support maintenance of an effective system of internal control over the change portfolio through effective gathering and sharing of information (new work items, delivery status etc) with key internal stakeholders

Reference Number R-521257

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