Finance Analyst Job In The Wells Fargo Foundation In India, Chennai

About Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA, by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling We are operating in Hyderabad, Bengaluru and Chennai locationsDepartment OverviewConsumer lending finance group brings together enterprise functions that drive Wells Fargo's financial management, including accounting and control, financial planning and analysis, line of business finance, asset-liability management, treasury, tax management, and the company's investment portfolios Key portfolios include Business facing finance support for Auto Finance including pricing, analytics, & FP&A.

About the RoleThis Individual contributor role is responsible for all of the month end close activities starting from BD -4 to BD +5 (Business days) Post the book closures, the role needs to support a lot of reporting, dashboards and ad-hoc reports Reports include preparing daily, weekly and monthly reporting and other ad-hoc reports to support the line of business and provide meaningful analysis and analytics support This role also extensively includes a wide range of data management activities such as data extractions, consolidations, aggregations, validations and modelling support The role strives for excellence in providing timely, accurate and meaningful insights to senior stakeholders and driving efficiency and process innovations.

Responsibilities

• Month-end and quarter-end close reporting processes, with a focus on accuracy and process improvement suggest innovative ideas and take initiative to automate the process
• Evaluate all financial results and related reporting, check for reasonability in results between current month and expectations and prior months
• Provide meaningful analysis and variance commentary to inform and guide stakeholders identify risks and opportunities to future forecast
• Data management, data integrity and data lineage skills in ensuring appropriate reporting of financials and related metrics/drivers
• Monitor key financial and metric trends and provide weekly and monthly reporting identify and explain the cause of any material variances
• Requires extensive data reconciliation & consolidation as well asanalysis, coupling the use of scenario and sensitivity analysis to forecast possible outcomes
• Design new report / Modify existing financial report using Essbase excel add in tool
• Generate multiple reports like Close, Balance sheet, P &L reports and Variance analysis report from Dodeca tool
• Improvise the process by suggesting innovative ideas and take initiative to automate the process.
  
  
• Deploy proper knowledge management process within Consumer Lending group by regularly updating the process documents and create back up for all the process

Essential Qualifications

• Post graduate in Accounting, Finance or Business Administration
• Candidate must have hands on experience in LOB / segment / product reporting / management reporting / dashboard / analytics / commentary
• Minimum 8-10 years' experience in finance or reporting roles, including monthly close, management reporting, Reconciliation & General ledger with good analysis and commentary skills
• Preferably should have relevant banking experience with hands on experience in management reporting, forecasting and planning process
• Candidate should be fairly familiar with the AU/OU/ Hierarchy process, and should also be extremely good at change management and ability to turn around the reports not only with speed, but with high quality, integrated controls and checks
• Candidate should also have good financial modelling, template building, dashboard and presentation skills as this will help in transforming reports to the next level.
  
  
• Candidate should have Essbase/Hyperion experience and should be a subject matter expert in data retrievals from different cubes
• Candidate should preferably have exposure to SQL, SAS or advance query language and should be good in data mining and warehousing
• Ability to work both independently and within team environment
• Strong communication and presentation skills
• Ability to perform complex analyses, build financial models, draw conclusions, and communicate recommendations to business leaders.
  
  
• Prioritize multiple tasks in a fast-paced environment with critical deadlines
• Advanced knowledge of Excel, Macros, Access and Power point

Desired Qualifications

• Preferable to have prior experience in FP&A role, with expertise in review and modification of financial reporting along with variance analysis to drive value
• Expertise with Essbase along with SQL skills and query management Knowledge of SAS, Tableau and data analytics will be added advantage
• Comfortable to work in flexible timings to maximize overlap with US counterparts

@RWF23We Value DiversityAt 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 requirementsCandidates 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 veteranCandidates 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

The Wells Fargo Foundation is looking for .

The Wells Fargo Foundation is looking for Any Graduate / Post Graduate profile candidates.