Financial Planning and Controls Analyst

Location
Chennai, Tamil Nadu, India
Salary
Competitive salary
Posted
01 Mar 2021
Closes
02 Mar 2021
Ref
57362BR
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 30 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 business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.

Department Overview

Internally this role is known as Financial Planning and Controls Analyst 4.Team member manages a team of subject matter experts providing very detailed Enterprise Finance plans, tracks, analyzes and reports financial results, manages the company's balance sheet, including funding, capital and investments; oversees internal real estate needs; drives acquisitions; is responsible for financial controls; and leads corporate strategy.

About the Role

This Individual contributor role requires a developed understanding of Enterprise Finance identifies areas of financial risk and mitigates efforts appropriately. Responsible for internal financial management reporting and analysis to support the enterprise, business units, and functional areas and provide meaningful insights into the underlying drivers impacting results. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional. As a key member of the AU Management team, the ideal candidate will support the development and implementation of the Governance & Control framework for the AU Management function working in partnership with other Finance, Controller and other cross-functional teams as appropriate.

Responsibilities

  • Review completeness of AU maintenance requests on a daily basis.
  • Good subject matter expertise around Balance Sheet and P&L line items and fair understanding of GL lines/transactions.
  • Complete quality control reviews on AU request to ensure standard processing. Escalate all issues for further review.
  • Perform initial intake assessment for centralization of manual journal entries.
  • Evaluate and track exceptions to standardize processes.
  • Identify and escalate potential gaps derived from quality reviews that may result in risk to Wells Fargo. Escalate risk to management.
  • Document end-to-end process procedures including dependencies, controls, inputs/outputs, gap identification, etc.

Market Skills and Certifications

Essential Qualification

  • 5-7 years of experience in finance or accounting roles, including monthly close, management reporting, Journal entries and General Ledger.
  • Industry experience strongly preferred. Advanced Essbase knowledge preferred.
Desired Qualification

  • Risk management and mitigation experience
  • General ledger and IRIS-Web experience
  • Strong time management skills and ability to meet deadlines

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.

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