Vacancy For CA/CFA/ICWA/MBA As Financial Accounting Associate Manager With Wells Fargo At Chennai

61201BR

Financial Acctng Associate Manager

Accounting

Chennai

India

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 20 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.

Market Job Description

About Wells Fargo India
Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. We are operating in Hyderabad, Bengaluru and Chennai locations. Learn more about Wells Fargo India at our International Careers website. 
 
Department Overview
The CLG Accounting team performs various accounting and financial reporting functions for products including mortgage, home equity, auto and personal loans for Business Units, such as the Consumer Lending Group (CLG). The accounting operations functions within Consumer Lending Accounting is primarily responsible for performing mortgage loan transfers, journal entries, review and validation of accounting results, variance analysis, regulatory and SEC disclosures, in support of CLG. 
 
About the Role
 
The role requires a developed understanding of Enterprise Finance and supported business units.  Manager may partner closely with others within Finance, Accounting, Regulatory, Risk, Operations and also may be involved in strategic initiatives across the organization in parallel with all the below daily responsibilities and requirements.
Leadership role supporting diverse and complex functional areas related to financial accounting. Responsible for directly and through subordinates, managing accounting activities.  Duties may include: directing completion of accounting tasks pertaining to accounts, statements, systems and records; setting standards for and monitoring the data provided for and/or preparation and review of financial statements and other documentation; creating and implementing controls to ensure accuracy of data; enforcing adherence to internal and external accounting principles and policies.. Manages a team of analysts or cross-functional/virtual teams in accomplishing goals.
 
 
Responsibilities

• Duties are accounting based operational processes, month-end/ quarterly accounting/reviewing tasks, and performing reviews of key controls.
• Coaching and developing a team of accounting analysts
• Reviewing general ledger and system of record data, completing research, analysis and reconciliations
• Providing review of various regulatory reports
• Performing detailed research of data and processes, analyzing, interpreting and reporting findings for the Held for Investment and Held for Sale portfolios utilizing Excel, Access, ESSBASE/Smartview and Financial reporting systems (Eagle Web, Oracle GL, IRIS Web, OBIEE)
• Potential to providing functional advice and training to lower level accounting positions
• Establishing an effective preventative and detective internal controls structure to ensure accurate financial accounting and reporting
• Establishing strong relationships with business partners and working closely to understand impacts

 

Market Skills and Certifications

Essential Qualifications

• Qualified CA/CFA/ICWA/MBA with 8+ years of relevant experience with good financial acumen in finance ops or accounting ops roles such as monthly closing, reconciliation, capital markets, GL accounting, financial analytics & consulting, accounting reporting and risk reporting.
• Should collaborate in leading risk assessments and controls by ensuring general ledger, operational processes and systems of record are correct and aligned based on GAAP, Regulatory, and policy requirements
• Establishing an effective preventative and detective internal controls structure to ensure accurate financial accounting and reporting
• Establishing strong relationships with business partners and working closely to understand impacts
• 3+ years of Team management experience of a team size of 5 to 7 team members
• Ability to perform complex analyses, build financial models, draw conclusions, and communicate recommendations to business leaders
• Ability to work both independently and within team environment across all organizational levels, where flexibility, collaboration, and adaptability are important
• Strong communication and presentation skills
• Prioritize multiple tasks in a fast-paced environment with critical deadlines
• Advanced knowledge of Excel, Power point & Access
   

 
 
Desired Qualifications
 

• Experience related to accounting and reporting in Consumer Lending activities like Mortgages
• Experience with data analytic tools (such as Essbase, Access and/or SQL)
• Ability to manage effectively in a matrixed organization 
• Strong analytical skills with high attention to detail and accuracy
• Ability to take on a high level of responsibility, initiative, and accountability
• Strong organizational, multi-tasking, and prioritizing skills
• Strong time management skills and ability to meet deadlines

Other Desired Qualifications

• Experience using mortgage systems to include one or more of the following: Black Knight-MSP/Fidelity, SHAW, Oracle Essbase, and Oracle General Ledger (GL)
• Direct mortgage experience with HFS/HFI portfolios preferred

 

Leadership Expectations at Wells Fargo

 

As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:

• Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
• Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

 

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

Region

Date Posted:30-Mar-2021
Posted By: Shubham Vats
Views 366

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