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Financial Accountant

2 months ago


Minneapolis, Minnesota, United States WELLS FARGO BANK Full time
About this Role:

Wells Fargo is seeking a highly skilled Financial Accountant to join our team and work on AFS/HTM securities within our investment accounting system, SimCorp (SCD), and non-marketable investments.

Key Responsibilities:
  • Analyze and Resolve Reporting and System Impacts: Identify potential impacts to reporting and system and provide timely resolution to ensure accuracy and compliance.
  • Non-Marketable Investment Accounting Maintenance: Perform all necessary maintenance tasks for non-marketable investments, including testing, processing, and verifying results of security taxlot transfers.
  • Support Ad Hoc Projects and Requests: Provide support for ad hoc projects and email requests, ensuring timely and effective resolution.
  • Update Automated Processes: Update automated processes within Excel (formats/formulas/macros) and SimCorp Dimension when system/policy changes occur.
  • Prepare and Approve General Ledger Entries and ACH Payments: Prepare and approve general ledger entries and ACH payments, ensuring accuracy and compliance.
  • Prepare and Approve Cash and P/L Transactions: Prepare and approve cash and P/L transactions based on financial statements and appropriate GAAP accounting methodologies.
  • Reconcile Accounts and Communicate with Teams: Reconcile accounts and communicate with associated teams to clear discrepancies and ensure accuracy.
  • Plan and Implement Process Improvements: Plan and implement process improvements to increase efficiency and reduce risk, ensuring compliance with company policies and procedures.
  • Cross-Training and Backup Support: Cross-train with group team members to provide backup support and ensure continuity of operations.
Required Qualifications:
  • Finance, Accounting, Analytics, or Risk Reporting Experience: 2+ years of experience in finance, accounting, analytics, financial reporting, or risk reporting, or equivalent demonstrated through work experience, training, military experience, or education.
Desired Qualifications:
  • Accounting Degree or Higher: A BS/BA degree or higher in finance, accounting, analytics, or a related field.
  • AFS/HTM and Non-Marketable Investments Experience: Experience with AFS/HTM and non-marketable investments, including accounting and reporting.
  • Data Analytics Tools Experience: Experience with data analytics tools such as Alteryx, Power BI, or Python.
  • Process Improvement and Communication Skills: Ability to identify and present process improvements and articulate issues, risks, and proposed solutions to various levels of staff and management.
  • Strong Analytical and Communication Skills: Strong analytical skills with high attention to detail and accuracy, and excellent verbal, written, and interpersonal communication skills.