Financial Accountant
Wells Fargo |
Hyderabad |
IN
About This RoleWells Fargo is seeking a Financial AccountantIn 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
- 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
- Qualified accountant - 2 yr+ PQE.
- Experience of working in a financial services organisation
- Experience in preparation of internal financial reporting, considering both Legal Entity and Line of Business dimensions.
- Working knowledge of financial services/products and their accounting treatment (US GAAP and IFRS).
- Self-motivated/proactive approach, 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 best in class expectations in respect of controls and governance.
- Strong communication skills, with the ability to present concisely and accurately.
- Fast learner with an inquisitive mindset and good problem solving skills.
- Good time management and organisational skills.
- Strong analytical and problem solving skills
- Knowledge of NextGen tools such as Tableau, Confluence, Alteryx, Workiva and similar considered an advantage
- 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 International Controllers Team, this role supports the maintenance of a robust financial control environment across the international region (primarily EMEA), helping achieve the primary objective of ensuring the accuracy of the books and records across entities within the regions and the timely and accurate financial reporting to internal and external stakeholders.
- Responsibilities include the performance of financial controls and preparation of financial reports across assigned entities and/or lines of business, providing exposure to a wide range of business lines and banking products.
- Performance of legal entity related financial control and reporting tasks, including:
- Ensure accurate books and records in compliance with relevant GAAP, preparation of the management accounts and assisting with ad hoc queries.
- Raise journals/perform established control tasks to evidence integrity of books and records, prepare management accounts.
- Identification of control weaknesses; proposal and implementation of remediating controls.
- Develop and perform financial control tasks including analytical review, transaction analysis, reconciliations, substantiation of GL balances, revenue analysis, cost analysis.
- Ensure operational documentation is maintained in line with relevant Wells Fargo policies
- Line of Business/Support Functions Contact
- Perform Financial Control activities to support Business Lines/Support Functions and providing them with entity level reporting relating to their Line of Business/Support Function
- Assisting in explaining variances and facilitating understanding of relevant financial results
- Providing ad-hoc accounting support as necessary in relation to ad-hoc queries and projects (including new business initiatives)
- Support preparation of audited annual financial statements:
- Provision of financial data to facilitate creation of financial statements
- Interaction with external auditors as necessary
- Responsible for preparation of Intercompany Balance Sheet and Income Statement reports on a monthly/quarterly basis
- Responsible for preparation of Entity level analysis of Indirect Non-Interest Income/Expense (INII/INIE)
- Engagement with regulatory reporting team members to facilitate effective cross team interaction
- Job posting may come down early due to volume of applicants.
- Third-Party recordings are prohibited unless authorized by Wells Fargo.
- Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Information :
- Company : Wells Fargo
- Position : Financial Accountant
- Location : Hyderabad
- Country : IN
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Post Date : 2025-05-30 | Expired Date : 2025-06-29