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Finance Analyst

AT Wells Fargo
Wells Fargo

Finance Analyst

Chennai, India

About this role:

Wells Fargo is seeking a Finance Analyst.

This Individual contributor role is responsible for posting Monthly metrics reporting, Monthly business review decks, internal financial management reporting and analysis to support the enterprise, business units, and functional areas and provide meaningful insights into the underlying drivers impacting results. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional.

In this role, you will:

  • Participate in functions related to financial research and reporting
  • Forecast analysis of key metrics, as well as other financial consulting related to business performance, operating and strategic reviews
  • Identify opportunities for process improvements within the scope of responsibilities
  • Research moderate to complex financial data in support of management decision-making for a business
  • Create and communicate various activities such as product pricing, product, and portfolio performance
  • Exercise independent judgment to guide key metrics forecasting, closing data and validation
  • Present recommendations for resolving all aspects of delivering key forecasting projections as well as financial reporting to support monthly and quarterly forecasting
  • Develop expertise on reporting that meets brand standards and internal control standards
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Required Qualifications:

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  • 2+ years of Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications
  • Postgraduate in Accounting, Finance or Business Administration
  • Eexperience in finance or accounting roles, including monthly close, management reporting, Monthly business review decks.
  • Collect, centralize and consolidate the data from different source and present it to market leaders for business decision making.
  • Collaborated with various market and regional heads on daily basis for producing various metrics for business review.
  • Strong PowerPoint and Excel skills required.
  • Strong communication skills required for a regular connect with senior leaders.
  • Exposure to key accounting tools like Oracle Financials, Essbase and Tableau / Power BI.
  • Strong time management skills and ability to meet deadlines.
  • Strong analytical and critical thinking skills and ability to prepare and present analysis and recommendations
  • Ability to articulate issues, risks, and proposed solutions to various levels of staff and management
  • Ability to translate and present complex guidance and data in a manner that educates, enhances understanding, and influence decisions
  • Ability to effectively assess stakeholder, partner, or client needs while consulting, building solutions, and developing processes
  • Demonstrated experience fostering strong partnerships, promoting teamwork, and influencing others
  • Sense of urgency, passion for results, and personal accountability for achievement
  • Strong controls background and mindset
  • Ability to influence and partner with senior business leaders to gain commitment to accomplish business goals
Job Expectations:
  • Ensure Monthly/Quarterly books are closed in timely and accurate manner
  • Work on monitoring cost viz. forecast vs actual and provide variance analysis to stakeholders
  • Conducting in-depth research of financial, operating and analyzing, interpreting and reporting findings; working with business partners
  • Collect financial data, performing high-level analysis, testing for accuracy, identifying and resolving complex problems
  • Report to the Head of Financial Planning & Analysis for the Commercial Banking segment
  • Performing most complex variance and trend analyses; communicating and providing guidance to business partners regarding relevant financial policies
  • Requires extensive data reconciliation & consolidation as well as analysis, additionally coupling the use of scenario and sensitivity analysis to forecast possible outcomes, and use this theoretical information to create key metrics for monitoring
  • Analyze the trends of Key Performance Indicators (KPI), especially relating to financial metrics, monitor KPI and identify the cause of any unexpected variances
  • Evaluate all financial results and associated reporting, conduct financial and commercial studies to develop analyses
  • Creating and/or monitoring systems or models to predict financial outcomes.
  • Recommending business strategies or approaches and providing input to business strategic plans based on various.
  • Understands the economic, HC and YTD trend upwards and downwards to provide variance analysis.
  • Improvise the process by suggesting innovative ideas.
  • Comfortable to work in Rotational shifts including Night shift.
  • Shift timing 3:30 Pm to 12:30 AM.
Posting End Date:
28 Nov 2024
*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.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Client-provided location(s): Chennai, Tamil Nadu, India
Job ID: WellsFargo-R-415477
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • FSA
    • HSA
    • Mental Health Benefits
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Return-to-Work Program
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Stock Purchase Program
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Associate or Rotational Training Program
    • Promote From Within
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program
    • Unconscious Bias Training

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