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Ext Fin Reptng Sr Cons

Wells Fargo | Minneapolis MN 55488 USA | Full Time | Posted: 10/15/2019

Job Descriptiontop

Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Enterprise Finance drives financial management for the company and maintains and enhances risk and financial controls. Key functions within Enterprise Finance include finance and accounting; Treasury; corporate development, mergers, and acquisitions; Data Management and Insights, the Customer Remediation Center of Excellence, Enterprise Shared Services, Business Process Management, and Corporate Strategy. Enterprise Finance informs shareholders, regulators, taxing authorities, team members, and leaders of the company’s financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines. They also maintain and enhance risk and financial controls and lead many of the company’s shared services functions including corporate properties, security, and global services.

The Controller’s Division is responsible for the Company’s financial statements, establishing corporate accounting policies, preparing SEC and regulatory reports and ensuring the adequacy of internal controls. The Division also manages and supports the Company’s General Ledger, Accounts Payable and Fixed Assets systems

The Change Management team is a newly created component of the Financial Reporting team with the responsibility to drive quality, execute effectiveness initiatives, and ensure strategic initiatives are successfully accomplished. This group is dedicated to process control improvement and the betterment of corporate reporting for regulatory filings and legal entity reporting. The Change Management team works closely with the rest of the Financial Reporting team as well as many other departments and businesses throughout the Company.

This role provides technical expertise in the areas of accounting, SEC reporting and regulatory information through research from a position of leadership in cross functional/virtual teams that strategize, plan and execute a variety of programs, services and initiatives. Along with bringing technical expertise, this role will act as an advocate for senior management in the execution of strategic initiatives important to the Financial Reporting team. Primary responsibilities include ensuring that strategic initiatives are organized, communicated proactively, involve all necessary stakeholders, and are executed effectively in-line with firm-wide initiatives.

A candidate in this role is required to have a strong understanding and knowledge of financial institutions, and the departments, businesses, and products common to such organizations. Additionally, a successful candidate will need to partner with other functions throughout the firm (operations, technology, compliance, risk management, legal, etc.) to accomplish strategic initiatives. The position also requires a broad knowledge base in technical accounting for financial products along with understanding the economics of such transactions including risk mitigation, allowing the candidate to draw parallels to such concepts in understanding and evaluating the corresponding reporting requirements.

Examples of expectations for this position include the following:

  • Understand how FASB accounting updates impact our business, products and applicable SEC & REG reporting
  • Identify areas for improvement and drive implementation of strategic financial reporting initiatives
  • Proactively lead the team in identifying efficiencies between the REG/SEC financial reporting processes
  • Understand interconnections and direction of various firm-wide strategic initiatives to apply change management processes for ensuring complete and consistent implementation across all affected internal and external stakeholders/ reports
    • Provide consistent guidance to all stakeholders and influence outcomes while taking ownership for all projects under direct supervision
    • Ensure all stakeholders are identified and actively involved in the applicable project, setting up and leading steering committee discussions as necessary
  • Execute independently on certain strategic initiatives
  • Represent Wells Fargo within applicable industry groups and accounting related industry initiatives

Candidates within the preferred location (Minneapolis, MN) will be considered.

Required Qualifications

  • 6+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business and 4+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting

Desired Qualifications

  • A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
  • Ability to manage effectively in a matrixed organization
  • Experience working with Workiva Wdesk reporting software
  • An active Certified Public Accountant (CPA) designation
  • Ability to lead projects/initiatives with high risk and complexity
  • Ability to organize and manage multiple priorities
  • Highly refined and professional verbal and written communications
  • Strong analytical skills with high attention to detail and accuracy
  • Experience with general ledgers and accounting policies

Other Desired Qualifications
  • 2+ years of Big 4 public accounting experience
  • 2+ years of experience in one or a combination of the following: SEC reporting, technical accounting or accounting policy
  • Proven ability to research and document SEC/GAAP/REG issues in concise memorandums (may ask for sample)
  • Product knowledge in some or all of the following areas (loans, debt, derivatives, securities, repurchase agreements, securities lending, commodities, cash equities trading, credit trading, securities, etc.)
  • Knowledge and understanding of regulatory processes and reporting to the Federal Reserve, OCC, and SEC that includes knowledge of bank capital requirements and calculations
  • Knowledge and understanding of corporate governance, financial reporting systems, legal entities, and role of regulatory authorities

Street Address

MN-Minneapolis: 550 South 4th St - Minneapolis, MN


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Job Detailstop

Location Minneapolis, MN, 55488, United States
Categories Accounting/Bookkeeping/Finance

Location Maptop

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Job Code 5489093

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