Finance Associate

💰 ₹18,000 - ₹28,800 (Est.) 📍 Chennai

Job Description

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About Wells Fargo India

Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Finance, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We operate in Hyderabad, Bengaluru and Chennai locations.

Department Overview

Team includes subject matter experts providing very detailed Finance planning, tracking, analysis and reporting of financial results. The team also helps manage the company's balance sheet, including funding, capital and investments; oversees internal real estate needs; supports acquisitions or divestitures; is responsible for financial controls; and supports corporate strategy. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional.

About the Role

This individual contributor role is responsible for internal financial management reporting, including creating and reporting monthly metrics, leading reporting and analysis on various areas of interest to the business unit (including balances, volumes, pricing, fees, expenses, etc.) and providing meaningful insights into the underlying drivers impacting results.

Responsibilities
• Lead internal management reporting including regular reports or packages with business unit, sub-business unit or product level details
• Lead regular reporting and analysis on specific business unit metrics including, for example, balances, volumes, pricing, fees, expenses, headcount
• Collect financial data, perform high-level analysis, test for accuracy, identify and resolve complex data and reporting problems
• Support forecasting (annual plan, monthly forecasts) for business units, sub-business units, product areas or specific business unit metrics
• Ensure that the monthly/quarterly books are closed in a timely and accurate manner
• Assist in transaction pricing and profitability analyses
• Requires extensive data reconciliation & consolidation as well as analysis, additionally coupling the use of scenario or sensitivity analysis to forecast possible outcomes, and use this theoretical information to create new or revised key metrics for monitoring
• Create and/or maintain systems, models or EUCTs to deliver reporting
• Recommend business strategies or approaches and provide input to the finance leaders and business leaders based on various analyses
• Improve the process by suggesting innovative ideas
Essential Qualifications
• Post graduate in Accounting, Finance or Business Administration
• Minimum 10-11 years' experience in finance or accounting roles, including monthly close, management reporting, monthly business review decks
• Collect, centralize and consolidate the data from different sources and present it to finance or business leaders for decision making
• Collaborate with various finance and business employees on a daily basis to produce various metrics for business review
• Strong communication skills required to interact with senior leaders
• Strong time management skills and ability to meet deadlines
• Strong PowerPoint and Excel skills required
• Exposure to key accounting and finance tools like Oracle Financials, Essbase and Tableau.
Desired Qualifications
• Preferable to have prior experience in F&A solution design
• Advanced knowledge of Excel including Pivot tables, V lookups, tracing formulas and running macros
• Advanced knowledge of PowerPoint is preferred
• Working knowledge in PowerBI & Tableau is preferred
• Comfortable working rotational shifts including the night shift
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 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.

Sponsored

Job Details

Company Name: WELLS FARGO BANK

Frequently Asked Questions

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The expected salary for Finance Associate in Chennai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Finance Associate is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Finance Associate. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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