Finance Associate - Chennai, Tamil Nadu, India - Wells Fargo

Wells Fargo

Verified Company

Chennai, Tamil Nadu, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About this role:

Wells Fargo is seeking a Finance Associate (
Analyst)

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.

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

About the Role

This Individual contributor role is responsible for posting Monthly metrics reporting, Monthly business review decks, 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.

Responsibilities

Ensure Monthly/Quarterly books are closed in timely and accurate manner
Work on monitoring cost viz. forecast vs actual and provide variance analysis to stakeholders
Conducting indepth research of financial, operating and analyzing, interpreting and reporting findings; working with business partners
Collect financial data, performing highlevel analysis, testing for accuracy, identifying and resolving complex problems
Requires extensive data reconciliation & consolidation as well as analysis, additionally coupling the use of scenario and sensitivity analysis to forecast possible outcomes, and use this theoretical information to create key metrics for monitoring
Analyze the trends of Key Performance Indicators (KPI), especially relating to financial metrics, monitor KPI and identify the cause of any unexpected variances
Performing most complex variance and trend analyses; communicating and providing guidance to business partners regarding relevant financial policies
Evaluate all financial results and associated reporting, conduct financial and commercial studies to develop analyses
Creating and/or monitoring systems or models to predict financial outcomes.
Recommending business strategies or approaches and providing input to business strategic plans based on various.
Understands the economic, HC and YTD trend upwards and downwards to provide variance analysis.
Improvise the process by suggesting innovative ideas.

Essential Qualifications

Post graduate in Accounting, Finance or Business Administration
3+ years of experience in finance or management reporting roles, including monthly close, forecasting, variance analysis, management reporting, Monthly business review decks.
Collect, centralize and consolidate the data from different source and present it to market leaders for business decision making.
Collaborated with various market and regional heads on daily basis for producing various metrics for business review.
Strong PowerPoint and Excel skills required.
Strong communication skills required for a regular connect with senior leaders.
Exposure to key accounting tools like Oracle Financials, Essbase and Tableau.
Strong time management skills and ability to meet deadlines.

Posting End Date:

25 Mar 2024

Job posting may come down early due to volume of applicants.

We Value Diversity

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 decision