Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. 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. Learn more at our International Careers website.
Market Job Description
About Enterprise Global Services
Enterprise Global Services (EGS) 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. EGS operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about EGS at our International Careers website.
Corporate Finance plans, tracks, analyzes and reports financial results; manages the company's balance sheet, including liquidity and funding, capital and investments; oversees internal real estate needs; drives acquisitions; is responsible for financial controls; and leads corporate strategy. Corporate Finance identifies areas of financial risk and mitigates efforts appropriately. It works with capital markets to provide lowest possible costs of incremental funding, subject to capital and financial risk management constraints. It improves financial performance by analyzing business unit performance and recommending areas of improvement. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional.
This individual will lead a group of 7 – 10 team members that are responsible for (1- BD - various trade validation and reconciliation activities, processing of payment wires, validating and monitoring of monthly accrual accounting, performing G/L reseach and preparation and posting of journal entries, and preparation of FINRA Financial Reporting.), (2-SAG - various trade validation and reconciliation activities, posting of manual journal entries and preparation of various internal and external reports related to HR and Corporate Staff, Benefits, EIT, CAO International and Insurance.), (3 - GLSS - various trade validation and reconciliation activities, posting of manual journal entries and preparation of various internal reports related to Parent and Subsidiary accounting.)
The role involves close work with specialists in other accounting operations groups, enterprise risk, and enterprise technology. The ability to build and maintain relationships and communicate effectively is an asset. This individual is a significant contributor to the team's objectives to improve the data quality and the efficiency of the external reporting processes. They will lead training initiatives, act as a product knowledge resource, and coordinate closely with other operational accounting functions and compliance teams across the organization. In addition, this individual will be the primary point of contact for business units on various projects and will be responsible for recruiting, retaining and developing talented team members through continuous coaching and allocation of work assignments. The successful candidate must be able to manage multiple deliverables at one-time, can prioritize and communicate effectively, and is able to work to meet tight deadlines and adapt in a changing environment.
Market Skills and Certifications
Directly manage/supervise/mentor teams and foster team work
Maintain & improve team morale and motivation
Support in process expansion, staffing and new hire training
Assist on any transitions
Take a lead role in developing and implementing best practices
Increase effectiveness of staff and tools by recognizing opportunities for development and proactively creating new systems and structures
Develop metrics to measure growth and performance of the department
Analyze and interpret complex data and create Business MIS
Identify visible/not-so-visible patterns and connections in data/scenarios for the processes related to one's environment
See visible links between various issues and scenarios in immediate area of work with guidance
Communicate well with US counterparts in virtual environment and build relationship with business partners (internal & external stakeholders)
Conduct business / performance reviews
Connect with LOB partners on conference calls/understand updates etc.
Escalate any problems resolving exceptions, issues or delays in a timely manner to Supervisor and stateside partners, as applicable
Develop team members for next roles in the hierarchy
Delegate tasks, continuously learn from the environment and support peers/TMs
Initiate production/quality projects (six sigma/kaizen) for improving performance of the section
Seek intense learning experiences through formal means
Candidate must be a graduate of BS Accountancy
Candidates must be a CPA (Certified Public Accountant) and FINRA Series 7 and 99 certified
5-7+ years of public accounting experience preferably in Big Four audit firms
5-7+ years of experience in Accounting and Audit preferably related to Trade Reconciliation
Background in product specifics are highly preferred (HR, Benefits, Technology, Insurance and Securities) with demonstrated knowledge of month-end general ledger close process
Exposure to Mutual Fund industry - knowledge and understanding in relevant accounting principles and mutual funds administration, which includes financial reporting, fund accounting, and operations
Relevant years of Reporting experience preferably with the knowledge of FFIEC 009 Country Exposure Report (CER), FR2510 Reporting, and financial (FINOP) reporting, analytics experience, and general ledger experience
Experience in successfully leading staffs, including training and providing input to performance evaluations
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.
Internal Number: 45489BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo