Fund Accountant (reconciliation), Taytay

Last update 2024-02-20
Expires 2024-03-20
ID #1983993279
Fund Accountant (reconciliation), Taytay
Philippines, Rizal, Taytay,
Modified January 5, 2024


About Wells Fargo India & Philippines Wells Fargo India & Philippines is a critical component of Wells Fargo's strategy to leverage distinct advantages in doing business in a global environment. Wells Fargo India & Philippines is primarily an extension of the technology, operations, and corporate support teams of Wells Fargo. It engages in application development and support, testing, other technology functions, international operations, knowledge support, and middle and back-end banking process solutions for a wide spectrum of Wells Fargo's needs. It currently has offices in Bengaluru, Chennai, Hyderabad, and Manila. Department Overview The Capital Markets Accounting Operations Center of Excellence was established to bring the controller activities into one centralized team within the Controllers division that delivers expertise on anything and everything that touches the ledger. This team focuses on reconciliations and controls on fixed income, securities, and derivatives for Traded Products. The group performs reconciliations of books and records across Well Fargo Securities supporting the corporate general ledger, stock record, depositories, custodial positions, and SEC/regulatory reporting. About the Role The SOA Balance and Controls Team ensures that products are properly accounted for, using automated reconciliation tools, in the primary securities systems of record - Sim Corp and Wall Street. The team is responsible for performing the daily and monthly reconciliations for AFS/HTM securities, Non-marketable investments, Issued Debt, Affiliate Funding, and Hedge Accounting, including cash accounts, general ledger accounts, system to system accounts, and various control reports in accordance with Wells Fargo's policy to ensure the completeness and accuracy of Wells Fargo's financial statements. In this role, you will: Support less experienced staff to drive overall effectiveness of team in preparing data and assisting in research on product line, operational, and strategic planning Provide feedback and present ideas for improving or implementing processes and tools Perform complex operational tasks, assist with research of financial, operating and economic data analyses testing, resolution of problems Apply understanding of risk management requirements and compliance for finance area Provide interpretation of procedures to less experienced staff Escalate non-routine questions to more experienced management Interact with Finance team, functional area and business partners on a wide range of information Required Qualifications: 2+ years of experience in Finance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Candidates must be graduates of Accounting or any related course. CPA (Certified Public Accountant) or CFA, or FINRA Licensed (Series 7 or 99) are highly preferred Must have at least 2 years of experience in accounting in Private Equity Accounting and securities products, US Regulatory Reporting, US Financial Services and reconciliation/validation, balance and control, reporting and analysis. Job Expectations: Candidates must be willing to work in night shifts (8:00 PM to 5:00 AM), or weekends/holidays if deemed necessary by the business Posting End Date: *Job posting may come down early due to volume of applicants. 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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. 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. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Job details:

Job type: Full time
Contract type: Permanent
Salary type: Monthly
Occupation: Fund accountant (reconciliation)

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