Senior Financial Accountant

Company: Wells Fargo
Location: Irving
Posted on: June 25, 2022

Job Description:

About this role:Wells Fargo is seeking a Senior Financial Accountant to join The Hedge Accounting Team is responsible for accounting for Wells Fargo's SFAS 133/ASC 815 derivatives. The accounting includes hedge accounting monitoring, hedge specific reporting for SEC and Regulatory Reporting, general month-end close responsibilities, variance analysis, and a significant number of ad hoc projects. This position will work directly with the Derivatives Center of Excellence to perform topside accounting processes related the firm's derivative transactions. In this role, you will:

• Act as lead Consultant for financial accounting related matters for lines of business and other control functions
• Provide technical expertise regarding accounting issues, regulatory information and research for derivatives and collateral at all reporting levels.
• Provide data for preparing and reviewing financial and regulatory reports
• Perform ongoing financial control functions in accordance with the company's internal controls policies
• Communicate and provide consultation regularly with more experienced stakeholders throughout the enterprise
• Lead implementation of complex projects and initiatives impacting one or more lines of business
• Evaluate complex reporting requirements and perform advanced monitoring and review of accounting results
• Define the data elements required to satisfy the reporting requirements and in some cases, to perform complex calculations on accounting information to generate the requested derivatives information This position will require onsite presence in a hybrid arrangement at one of the following locations: Phoenix, AZ; Des Moines, IA; Minneapolis, MN; Charlotte, NC; Dallas, TX; and St Louis, MO. Relocation is available for this position. Required Qualifications:
  • 4+ 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, educationDesired Qualifications:
    • A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
    • Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA)
    • Big 4 public accounting experience
    • 2+ years of experience in SEC and regulatory reporting (FR Y-9C, FFIEC 009, FFIEC 031/041, FR Y-15, FR2436)
    • Experience in consolidation accounting, balance sheet netting, and general accounting for derivative contracts
    • Ability to re-engineer accounting and reporting processes to gain efficiencies and to enhance controls
    • SQL experience
    • Derivatives experience
    • Demonstrated Experience with automation tools like Alteryx, Power BI, Python or Tableau
    • Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
    • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important We Value Diversity At 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, or status as a protected veteran. 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.

Keywords: Wells Fargo, Irving , Senior Financial Accountant, Accounting, Auditing , Irving, Texas