Vice President
Published date: 2024/01/10
- Location: Bengaluru, Karnataka, India
About this role:
Wells Fargo is seeking a Financial Accounting Senior Manager...
In this role, you will:
• Manage a team supporting large, complex functional areas related to financial accounting
• Work with management to establish companywide strategic plans and objectives, directing and controlling accounting, internal controls and reporting functions and activities
• Act as the subject matter expert or final authority in specified accounting disciplines
• Provide technical interpretation on various matters and is essential in building and adopting best practices within the functional area
• Lead implementation of complex projects and initiatives impacting one or more lines of business
• Interact with leadership to provide support and drive strategic initiatives for the business
• Recommend compliance and risk management requirements for supported area and works with other stakeholders to implement key risk initiatives
• Provide strategic consultation to leadership throughout the enterprise
• Interact with external agencies, regulatory bodies or industry forums
• Lead a team of managers, consultants, cross functional or virtual teams in accomplishing goals
• Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Enterprise Finance
• Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications, :
• Atleast over 12 years of post qualification experience in the area of Financial Acconting.
Desired Qualifications:
• Chartered ACcountant / Certified Public Accountant
Job Expectations:
• The incumbent will be specifically responsible for but not limited to:
• Strategy and execution of the Legal Entity Controllers priorities in India as a key member of the leadership team.
• Drive Financial discipline and Control, review processes with a risk and control mindset and constantly look at ways to improve the overall risk and control framework within Wells Fargo India.
• Provides commercial guidance to all Business and Support functions. Take lead in commercial matters along with other functions
• Collaborating with various teams in establishing more effective process and controls to ensure accuracy of finance records.
• Key Performance Indicators
The following are specific deliverables that the position is designed to achieve.
• Ensure that objectives are tracked and delivered on time. Deliver Projects and Programs for the WFIP Finance function in India.
• Achieve the costs and value added targets through a strong focus on management, costs, processes and growth.
• Facilitate driving the appropriate Risk and Control mindset in Finance
• Monitor the Financial performance of the Company and provide update on key cost movements
• Review of Balance sheet and income statement accounts on monthly basis
• Keep abreast of all regulatory and industry practices and formulating a plan for impact assessment and change required to address the same
• Provide leadership in implementing automation projects and lead it to successful completion
• Assesses the internal control impact on all the processes and work with cross functional teams to achieve full compliance on internal controls
• Take some high-level cost saving targets and identify areas for achieving synergies with other Business and Support teams to save costs
• Take lead in evaluation of financial and regulatory risks on various projects.
• Leading statutory audit, and internal audits and coordination with Risk partners
• Provide guidance on documentation of the SOP's and update on timely basis
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, age, 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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more
Wells Fargo is seeking a Financial Accounting Senior Manager...
In this role, you will:
• Manage a team supporting large, complex functional areas related to financial accounting
• Work with management to establish companywide strategic plans and objectives, directing and controlling accounting, internal controls and reporting functions and activities
• Act as the subject matter expert or final authority in specified accounting disciplines
• Provide technical interpretation on various matters and is essential in building and adopting best practices within the functional area
• Lead implementation of complex projects and initiatives impacting one or more lines of business
• Interact with leadership to provide support and drive strategic initiatives for the business
• Recommend compliance and risk management requirements for supported area and works with other stakeholders to implement key risk initiatives
• Provide strategic consultation to leadership throughout the enterprise
• Interact with external agencies, regulatory bodies or industry forums
• Lead a team of managers, consultants, cross functional or virtual teams in accomplishing goals
• Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Enterprise Finance
• Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications, :
• Atleast over 12 years of post qualification experience in the area of Financial Acconting.
Desired Qualifications:
• Chartered ACcountant / Certified Public Accountant
Job Expectations:
• The incumbent will be specifically responsible for but not limited to:
• Strategy and execution of the Legal Entity Controllers priorities in India as a key member of the leadership team.
• Drive Financial discipline and Control, review processes with a risk and control mindset and constantly look at ways to improve the overall risk and control framework within Wells Fargo India.
• Provides commercial guidance to all Business and Support functions. Take lead in commercial matters along with other functions
• Collaborating with various teams in establishing more effective process and controls to ensure accuracy of finance records.
• Key Performance Indicators
The following are specific deliverables that the position is designed to achieve.
• Ensure that objectives are tracked and delivered on time. Deliver Projects and Programs for the WFIP Finance function in India.
• Achieve the costs and value added targets through a strong focus on management, costs, processes and growth.
• Facilitate driving the appropriate Risk and Control mindset in Finance
• Monitor the Financial performance of the Company and provide update on key cost movements
• Review of Balance sheet and income statement accounts on monthly basis
• Keep abreast of all regulatory and industry practices and formulating a plan for impact assessment and change required to address the same
• Provide leadership in implementing automation projects and lead it to successful completion
• Assesses the internal control impact on all the processes and work with cross functional teams to achieve full compliance on internal controls
• Take some high-level cost saving targets and identify areas for achieving synergies with other Business and Support teams to save costs
• Take lead in evaluation of financial and regulatory risks on various projects.
• Leading statutory audit, and internal audits and coordination with Risk partners
• Provide guidance on documentation of the SOP's and update on timely basis
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, age, 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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more
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