Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
The EMEA Management Reporting team are responsible for the regional business profitability reporting, cost allocations and transfer pricing initiatives and reporting, providing Asset and Liability Committees support, and budgeting and forecasting for the EMEA Region.
Main function of the job:
Work with expense allocation teams in US and other regions to develop and maintain a proper reporting process that serves to support the lines of business in understanding their expense allocation postings across the EMEA legal entities Support the team in the governance process that monitors, reviews and attests the periodic allocation methodology
Provide accounting and finance support for business units
Develop and maintain working knowledge of business units and their expense components and allocation parameters
Investigate significant expense allocation fluctuations and provide appropriate analysis for lines of business
Be able to respond to lines of business queries in their expense allocations
Understand the manual allocation processes that accompany the automated expense postings
Add value to the Service Level Agreement (SLA) process by providing insight and support for the review of new and existing Accounting Units (AUs)
Assist in change control as it relates to new business activities or business line transfers and their impact on cost allocation templates
Assist in ad hoc projects and deliverables as required by Finance management
Market Skills and Certifications
CIMA, ACCA, ICA or equivalent qualified, or close to taking final exams
Educated to degree level
Experience in Accounting and Financial analysis
Ability to problem-solve and work with varied team members in order to complete tasks.
Proficiency with Excel and Essbase
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Team members 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.
Internal Number: 49411BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo