Financial Accounting Manager - Sr AVP - Reconciliations

Desired Qualification :

• Understanding of accounting concepts
• CPA/CA or Bachelors/MBA in Finance, Accounting, or Business
• Reconciliation experience must with analytical and judgement in resolving issues
• People management responsibilities
• Experience supporting securities operations in a controls or reconciliation environment a plus.
• Experience and proficiency with automated recon tools.
• Advanced MS Excel skills, i.e. macros, pivot tables, Vlookups, etc.
• Ability to work independently on assigned accounts, but work collectively as a team to meet the needs that arise from day to day workflow.
• Strong and effective communication and problem solving skills

Job Expectations:

• Duties:

• Identification of breaks within reconciliations.
• Ensuring proper assignment of breaks and working with those parties to ensure resolution.
• Review of peer reconciliations as needed.
• Assistance with monthly reporting of aging schedules and aged breaks.
• Effectively communicate with multiple business partners, including upstream data providers, accounting/operations colleagues, and/or downstream customers of the recons.
• Properly escalate issues identified as potential risks.
• Provide process improvement ideas and solutions to reduce non value-added work, and further auto manually intensive processes

• Expectations:

• Strong exposure towards systems & reconciliation tools - Intellimatch, Snapshot, TLM along with techno functional skills in automation tools - Alteryx, Power BI etc.
• Strong exposure and expertise in reconciliation especially for broker dealer entities involving reconciliations of multiple CIB products.
• Manages function or has broad organizational influences and/or control/risk accountability
• Demonstrates professionalism and subject matter expertise in technical knowledge in their field, routinely displays and employs high level of knowledge of broader function/ business to solve problems
• Continuously monitors the functions, identifies the areas that can be simplified/ improved/ automated with adequate internal controls.
• Manage cross geography teams efficiently, explore skills in managing and resolving conflicts within functional areas and ensures the team works together, synergizes, and prevents future problems.
• Cross training across geography within the function to ensure team has end to end knowledge on the process and to address key man risk/ BCP.
• Maintain and observe the performance of your team related to individual, team, organizational, and company-wide goals.
• Ensure Governance around the responsible functions:
  • Review the key performance indicators (KPIs) for the processes/ functions.
  • adequacy of process documentation and review of internal controls and compliance
  • Other governance activities as required

Posting End Date:

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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