About this role:Wells Fargo is seeking a Financial Accountant to work on AFS/HTM securities within investment accounting system SimCorp (SCD) and non-marketable investments.In this role, you will:
Analyze potential impacts to the reporting and system and provide timely resolution.
Making all necessary non-marketable investment accounting maintenance.
Responsible for testing, processing, and verifying the results of security taxlot transfers.
Supporting Ad hoc projects and email requests.
Updating automated processes within Excel (formats/formulas/macros) and SimCorp Dimension when system/policy changes.
Preparing/approving general ledger entries and ACH payments.
Preparing/approving cash and P/L transactions based off financial statements and appropriate GAAP accounting methodologies.
Reconciling accounts and communicating with associated teams to clear discrepancies.
Plan and implement process improvements to increase efficiency and reduce risk.
Cross training with group team members to provide backup.
Work requires detailed knowledge and attention to detail that impacts reporting and system correctness.
Attention to detail and critical thinking to solve problems and recommend viable solutions.
Required Qualifications:
2+ years of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics
Accounting experience, specifically related to AFS/HTM and Non-Marketable Investments.
Experience with data analytics tools such as Alteryx, Power BI, Python.
Ability to identify and present processes/operational enhancements.
Ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
Strong analytical skills with high attention to detail and accuracy.
Excellent verbal, written, and interpersonal communication skills.
Posting End Date:10 Sep 2024Job posting may come down early due to volume of applicants.We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.Company: WELLS FARGO BANKReq Number: R-398032Updated: Thu Sep 05 01:26:08 UTC 2024Location: MINNEAPOLIS,Minnesota