Operations Accountant 1

Operations Accountant 1

Wells Fargo
Not Specified
Not Specified

Job Description


Job Description :
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 & Philippines (WFI&P) enables global talent capabilities for Wells Fargo & Company, by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. WFI&P operates in Hyderabad, Bengaluru and Chennai in India.
Department Overview

Wholesale Operations within WFIP supports the Commercial Banking (CB) and Corporate & Investment Banking (CIB) businesses across number of key operational activities covering the entire client life cycle. The function sits under the CB/CIB business vertical with in WFIP and undertakes variety of operation - Lending operations, Trade Finance operations, Treasury Management and Payment solutions, International payments and Financial Crime Ops. The operations covers all stages of client lifecycle including onboarding and ongoing maintenance and involves deal closing, financial statement spread, cash management, account onboarding & management, customer service, collateral management, documents preparation & management and collections. These operations support all of Commercial Banking business i.e. Business Banking Group, Middle Market, Commercial Capital, Trade Finance, Treasury Management and Payments Solutions.
About the role
Performs operational accounting activities related to account reconcilement and maintenance. Duties may include: providing operational accounting support to internal business groups and/or operations departments ensuring that accounts are being managed within the account policy requirements analyzing and reviewing accounting documents for accuracy tracing and investigating transactions to resolve questionable data and applying corrective actions when necessary preparing various reports using online systems preparing account reconciliation and certification performing customer account maintenance duties reviewing taxes. Assists and provides guidance to lower level Operations accounting clerks and specialists with reconciliation of complex problems. May have direct/indirect responsibility for supporting, advising, and resolving disputes for customers, clients /vendors. Acts as a subject matter expert and handles escalations, investigations. May have indirect/direct interaction with internal and external clients. Performs complex projects as requested.
Responsibilities

Analyze Commercial Real Estate property financial statements on quarterly and annual basis. Team is responsible for reviewing statements to assess the workability, spreading the income statements, occupancy updates, making adjustments based on guidelines set by Commercial Real Estate Finance Council (CREFC) and document comments on Debt Service Coverage Ratio (DSCR) based on multiple criteria and property thresholds.
Essential Qualification

. Master's Degree in Finance and Accounting
. Business and accounting Skills
. Analyze and interpret financial information
. Excellent English comprehension, written and verbal communication skills, and interpersonal skills
. Good problem solving and analytical skills & ability to accurately process high volumes of work within established deadlines
. Proficient in MS Office especially MS Excel
. Strong Organizations skills - detail oriented. Ability to set priorities, plan and organize work
. Demonstrate good team player qualities.
. Sound risk management mindset and good understanding of compliance
. Demonstrates/maintains professional conduct under all circumstances
Desired Qualifications

. Knowledge of GAAP Accounting
. Quick learner
. Highly motivated individual who is able to work well independently and in a team environment
Market Skills and Certifications
Analyze the customer financial statements and spread financial information.
Duties may include: providing operational accounting support for internal business groups and/or operations departments reviewing customer financials support of business group products reviewing data from the general ledger, unit reports and various systems to ensure accuracy reviewing entries for reporting system performing a variety of analyses or projects relating to operational accounting procedures, methods or systems
Essential Qualification
. Strong accountancy concepts
. Excellent communication and interpersonal skills.
. Analyze and interpret financial information.
. Good computer skills and proficiency with Microsoft applications.
. Good problem solving and analytical skills.
. Quick learner and ability to adapt to change.
. Demonstrate good team player qualities.
. Flexible to work different shifts as per the business requirement.
. Ability to set priorities, plan and organize key deliverables.
. Work independently to achieve results within time constraints.
. Demonstrates/maintains professional conduct under all circumstances
. Strong analytical skills
Desired Qualification
. Good knowledge of accounting and corporate financial accounting system.
. Ability to read financial statements.
. Consistent performance w.r.t all key deliverables
. Training and coaching ability
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. 56922

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About Wells Fargo

Job Source : www.wellsfargojobs.com

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