Financial Accounting Associate
Full time On site @Wells Fargo posted 2 months ago Shortlist Email JobJob Detail
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Job ID 20071
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Experience Less Than 1 Year
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Job Categories Accounts
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Qualifications Degree Bachelor
Job Description
About this role:
Wells Fargo is seeking a Financial Accounting Associate
In this role, you will:
- Provide support for financial accounting related matters for lines of business and control functions
- Review basic activities associated with maintaining ledger accounts, financial statements and regulatory reports
- Gather financial data for financial and regulatory reports
- Review data from the general ledger, unit reports and various financial systems to ensure accuracy
- Receive direction from managers and exercise independent judgment while developing understanding of financial control functions in accordance with the company’s internal control policies
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Required Qualifications:
- 6+ months 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:
- Experience working in a financial services environment – financial accounting and/or regulatory reporting experience a strong advantage, but individuals with backgrounds in Operations, Risk, or other functions providing an insight into banking products and services will be considered
- Self-motivated with the ability to work independently within a team structure.
- Innovative mindset, with a track record of process enhancement (enhancing efficiency, control, transparency).
- Understanding of change management discipline, and the ability to collaborate effectively data management teams and Technology partners
- Understanding of basic concepts in respect of controls and governance.
- Good communication skills, with the ability to present concisely and accurately (written and verbal)
- Strong academic background/degree educated
- Honesty and integrity in all aspects of their work.
- Intuitive; fast learner with good problem solving skills.
- Good time management and organisational skills.
- Knowledge of ‘NextGen’ tools such as Tableau, Confluence, Alteryx, Workiva and similar considered an advantage
Job Expectations:
- Wells Fargo provides middle market, large corporate and financial institution customers with a range of international solutions, including treasury management, credit, payments, financing, foreign exchange, and trade services. Wells Fargo operates from 42 countries and territories outside of the U.S., including branches in Ireland, Beijing, Cayman Islands, Dubai International Financial Centre (DIFC), Hong Kong, London and Seoul.
- The EMEA Controller team is responsible for regulatory, financial, and management reporting requirements in the region. As well as forming a key part of the International Controllers organization, the team provides local support for varied financial services business lines as well as the International CFO.
- Working within the wider Controllers Team, this role supports the preparation and submission of complete, accurate, and timely regulatory reporting to various regulatory authorities.
- Responsibilities include oversight of production activities (data processing, report compilation), review of reporting output, and maintenance of a robust control environment.
- Performance of regulatory reporting production tasks, including:
- Operate/monitor data sourcing and data ingestion processes
- Run defined production processes involving data transformation, and as necessary adjustment, to create required outputs
- Operate key production related controls, including investigation and escalation of issues where required
- Perform analytical review of reporting output, including provision of commentary as necessary
- Support development and maintenance of a robust and effective control environment:
- Provide relevant control metrics as required to facilitate oversight and governance
- Handle issues and errors in line with International Controller and Enterprise wide policies and procedures
- Ensure operational documentation is maintained, and is best in class
- Participate in change management activities to support ongoing reporting accuracy and process efficiency:
- Support continuous improvement of processes utilized within regulatory reporting, embracing wherever possible digital tools such as Alteryx, Tableau, Workiva
- Support change delivery, including (but not limited to) creation of business requirements, engagement with testing, input into creation of revised operating models and supporting documentation.
Required skills
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