Financial Accounting Associate

About This Role

Wells Fargo is seeking a Financial Accounting Associate.

Key Responsibilities

• Provide support for financial accounting related matters for lines of business and control functions.
• Review basic activities associated with maintaining ledger accounts, financial statements, and regulatory reports.
• Gather financial data for financial and regulatory reports.
• Review data from the general ledger, unit reports, and various financial systems to ensure accuracy.
• Receive direction from managers and exercise independent judgment while developing an understanding of financial control functions in accordance with the company’s internal control policies.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
• Ensure timely review, reconciliation, and accounting of all Gratuity Trust bank account transactions, maintaining complete accuracy and adherence to established controls.
• Support the end-to-end accounting and reporting processes for the Gratuity Trust, including preparation of journal entries, reconciliations, and supporting schedules.
• Coordinate monthly Balance Sheet Reconciliation activities, ensuring timely completion, appropriate documentation, and resolution of outstanding reconciling items.
• Support periodic physical verification of fixed assets and reconciliation of results to accounting records and asset registers.
• Provide support in execution and monitoring of STORM-related activities relating to India Finance team's vendors, ensuring compliance with applicable governance, risk management, and regulatory requirements.

Requirements & Tech Stack

• 6+ months 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, education.
• Work Shift: 1:30 PM to 10:30 PM.
• 3 days in office.

Qualifications

• Chartered Accountant/Cost Accountant with strong exposure to Accounting standards (IFRS/IndAS).
• Demonstrates proficiency in Microsoft suite and AI concepts/usage.