Wells Fargo India | AVP - Reconciliation & Controls

Responsibilities

• Identification of breaks within reconciliations.
• Ensuring proper assignment of breaks and working with those parties to ensure resolution.
• Review of peer reconciliations as needed.
• Assistance with monthly reporting of aging schedules and aged breaks.
• Provide process improvement ideas and solutions to reduce non value-added work, and further auto manually intensive processes.
• 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.
• 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.
• Gather and review financial data for financial and regulatory reports

Requirements

• Effectively communicate with multiple business partners, including upstream data providers, accounting/operations colleagues, and/or downstream customers of the recons.
• Understanding of accounting concepts
• Experience supporting securities operations in a controls or reconciliation environment a plus.
• Experience and proficiency with automated recon tools.
• Advanced MS Excel skills, i.e. macros, pivot tables, VLOOKUP's, etc.
• Ability to work independently on assigned accounts but work collectively as a team to meet the needs that arise from day-to-day workflow.
• Strong and effective communication and problem-solving skills
• CPA/CA or MBA in Finance, Accounting, or Business degree

Wells Fargo

Wells Fargo & Company is one of the largest banks in the United States, offering consumer and commercial banking, corporate and investment banking, and wealth and investment management. Its India arm, Wells Fargo International Solutions, supports these global businesses from Hyderabad, Bengaluru and Chennai.

Wells Fargo's India centres hire finance professionals across financial reporting, accounting, tax, treasury, audit, risk, compliance, lending operations and investment operations. Many of these roles suit CA, CFA, MBA (Finance), ACCA, CPA holders and commerce graduates.

• Industry: Banking and financial services
• Headquarters: San Francisco, USA
• In India: Large international services centres in Hyderabad, Bengaluru and Chennai (Wells Fargo International Solutions)