Job Description
About this role:
Wells Fargo is seeking a Finance & Accounting Associate...
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
Responsibilities
Primary duties may include preparing and/or reviewing bank and/or general ledger reconciliations, preparing aging information, daily matching of bank transactions and ensuring the accuracy of check payments in Company systems. There may also be involved with ad hoc requests to support the onshore team, including reconciliation managers, or performing a variety of analyses or projects relating to financial accounting procedures, methods or systems. Role will provide functional advice or training to lower level accounting positions.
The successful candidate should possess superior accounting policy and US GAAP reporting skills along with knowledge of financial services and/or retail brokerage.
Essential Qualifications
• Qualified CA/CFA/ICWA/MBA with 3-5 years of experience in one or a combination of the following: finance, accounting, analytics, financial reporting, accounting reporting or risk reporting
• Financial reporting and analysis experience.
• Advanced problem solving and troubleshooting capabilities.
• Understand IFRS, US GAAP.
• Excellent verbal, written, and interpersonal communication skills
• Strong problem solving and analytical skills.
• Advanced Microsoft Office (Word, Excel, Outlook, and Access) skills
• Strong Knowledge and understanding of accounting, financial reporting, and/or operations
• Desired Qualifications
• Knowledge of USA regulatory agencies (ie SEC, OCC, FED) and related reporting.
• Knowledge and understanding of accounting principles: statutory and GAAP compliances with values, policies, and standards.
• Ability to create reporting from databases and data-marts.
• Analyze past results, perform Variance Analysis, identify trends, and make recommendations for improvements.
• Identify and drive process improvements, including the creation of standard and ad-hoc reports, and tools
• Strong analytical skills with high attention to detail and accuracy.
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
• Ability to exercise independent judgment and creative problem solving techniques.
• Ability to prepare presentations, management reporting, and statistical analysis.
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, ****** 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, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
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
Wells Fargo is seeking a Finance & Accounting Associate...
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
Responsibilities
Primary duties may include preparing and/or reviewing bank and/or general ledger reconciliations, preparing aging information, daily matching of bank transactions and ensuring the accuracy of check payments in Company systems. There may also be involved with ad hoc requests to support the onshore team, including reconciliation managers, or performing a variety of analyses or projects relating to financial accounting procedures, methods or systems. Role will provide functional advice or training to lower level accounting positions.
The successful candidate should possess superior accounting policy and US GAAP reporting skills along with knowledge of financial services and/or retail brokerage.
Essential Qualifications
• Qualified CA/CFA/ICWA/MBA with 3-5 years of experience in one or a combination of the following: finance, accounting, analytics, financial reporting, accounting reporting or risk reporting
• Financial reporting and analysis experience.
• Advanced problem solving and troubleshooting capabilities.
• Understand IFRS, US GAAP.
• Excellent verbal, written, and interpersonal communication skills
• Strong problem solving and analytical skills.
• Advanced Microsoft Office (Word, Excel, Outlook, and Access) skills
• Strong Knowledge and understanding of accounting, financial reporting, and/or operations
• Desired Qualifications
• Knowledge of USA regulatory agencies (ie SEC, OCC, FED) and related reporting.
• Knowledge and understanding of accounting principles: statutory and GAAP compliances with values, policies, and standards.
• Ability to create reporting from databases and data-marts.
• Analyze past results, perform Variance Analysis, identify trends, and make recommendations for improvements.
• Identify and drive process improvements, including the creation of standard and ad-hoc reports, and tools
• Strong analytical skills with high attention to detail and accuracy.
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
• Ability to exercise independent judgment and creative problem solving techniques.
• Ability to prepare presentations, management reporting, and statistical analysis.
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, ****** 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, age, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
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
💡 Quick Summary
Seeking a career-building opportunity? The Finance Accounting Associate position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
