Finance & Accounting associate

R-183913

Department Overview
Enterprise Financial Reporting is a functional area within the Corporate Controller’s division responsible for delivering timely, accurate, and complete external financial reporting. This includes but is not limited to US Regulatory Filings (SEC, FRB, OCC, FDIC) and standalone legal entity reporting.

About the Role

Enterprise Financial Reporting (Regulatory Reporting) is a functional area within the Corporate Controller’s division responsible for delivering timely, accurate, and complete external regulatory reporting.

The WFIP Offshore resources support the Financial Reporting Team by performing data collection, aggregation, consolidation, reconciliation, first-level analysis, pre-production activities, initial report preparation, and variance analysis and associated report preparation activities. They also perform operational processes such as data compilation, reconciliation, and schedule preparation.

Wells Fargo’s Regulatory and Basel Reporting team (RBR) WFIP Team is responsible for supporting the filing of regulatory reports with regulatory agencies and has many ongoing projects related to the enterprise-wide implementation of centralized data management infrastructure and the COSO-based governance and oversight framework.

RBR is looking for a Regulatory / SEC and financial reporting Analyst 3 to join the team to prepare , analyze and perform the first level review of the Regulatory Reporting Call (FFIEC031), International (FFIEC030), Systemic Risk (FR Y15) and Legal Entity (FR2314) schedules amongst others, and SEC filings. This role will be responsible for supporting the Report Owners including but not limited to preparation, primary analysis and review, Issue impact assessments supporting regulatory amendments and / or implementation of new accounting standards or regulatory rules. This function will also provide support for related process improvement and regulatory reporting infrastructure implementation initiatives.

Responsibilities

• Solid end user knowledge of core US Regulatory Weekly and Quarterly Reporting. Report Owner experience would be helpful, with the ability to work on preparing and reviewing data received from Business Controllers & G/L with specific emphasis on the FFIEC031,FR Y9C, FR2900
• Candidates should have solid analytical skills. It would be helpful if these candidates have some exposure to other related Regulatory disclosures – FFIEC101, 102 and Pillar 3 etc.
• Candidates will be expected to leverage data quality analysis skills, and knowledge of tools like SQL, SAS, and Toad etc. would be helpful.

• Candidates will support report generation and filing SEC returns (10Q and K), or other Regulatory Reporting.
• Preparation of the Treasury International Reports (TIC).

• Candidates will be expected to develop SME knowledge of the main Regulatory Reporting requirements.
• Support preparation of info to board level financial summaries
• Candidates may partner with Corporate Accounting Policy, Business Controllers and the Regulatory Interpretations Team to ensure that consistent adherence to regulatory rules including assessment of scheduled changes.
• The Analyst will support compliance with requirements under the Company’s Regulatory Reporting Governance & Oversight Framework
• Provide support and input to impact of reporting deficiencies and related issue remediation.

Essential qualifications

• Demonstrated history of being an independent self-starter, ability to effectively communicate and capable of working efficiently to meet tight deadlines
• Qualified CA//ICWA/MBA preferred with up to 4 to 7 years of experience in one or a combination of the following: finance, accounting, analytics and reporting
• Demonstrate solid Accounting skills from a Regulatory Reporting perspective.
• Ability to actively participate in work flow and task execution within a team environment
• Experience in US Regulatory Reporting highly desired
• Public Accounting Certification preferred
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy

• Knowledge and understanding of research and analysis
• Ability to work effectively in a team environment and across all organizational levels
• Solid analytical skills including the ability to handle multiple projects concurrently

Desired Qualifications

• Financial Services accounting experience would be a plus
• Project management experience and/or certification would be a plus
• Advanced Degree in Accounting

• Interested candidates Click on below link Apply Online and you will be redirected to Career Page of Company or Career url.
  

Wells Fargo & Company (NYSE WFC) is a leading global financial services company with $20 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.