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Financial Accounting Director - Wells Fargo
Financial Accounting Director - Wells FargoConfidential • Bengaluru / Bangalore, India
Financial Accounting Director - Wells Fargo

Financial Accounting Director - Wells Fargo

Confidential • Bengaluru / Bangalore, India
4 days ago
Job description

About this role :

Wells Fargo and 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 4,300 branches, more than 11,000 ATMs, 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 238,000 team members, Wells Fargo serves one in three households in the U.S. Wells Fargo.

The Controllers group delivers subject matter expertise, counsel, governance, and oversight for all Wells Fargo controllership activities to the business units and staff groups. The division currently includes the following line of business and functional areas :

  • Commercial Banking, Wealth & Investment Management, and Enterprise Functions
  • Corporate Investment Banking, Corporate Investing & Funding
  • Consumer Lending & Banking
  • Corporate Accounting & Reporting
  • Accounting Transformation
  • Regulatory Reporting, Controls & Oversight
  • Corporate Tax The group's mission is to perform responsibilities in an efficient and well-controlled environment to ensure deliverables are reliable and accurate, ensure interactions with both internal and external stakeholders are completed with the highest integrity, and provide accounting, controllership, and other support of the highest quality to our business and staff group partners. And to foster an environment that encourages and promotes diversity and inclusion across our employees.

In this role, you will :

  • Manage a team supporting the largest and most complex functional areas related to financial accounting
  • Work directly with management to establish companywide strategic plans and objectives, directing and controlling accounting, accounting policy, internal control and reporting functions or activities
  • Identify and resolve abstract, systemic, infrastructural issues impacting the effectiveness of the company's efforts one or more of the financial accounting functional areas
  • Set strategic direction on matters related to financial accounting and the company's internal controls policies and ongoing compliance
  • Advise leadership and executive management on issues with critical impact on the success of the enterprise
  • Define the long-term strategy for the business
  • Set guidelines for compliance and risk management requirements for supported area and work with other stakeholders to implement key risk initiatives
  • Provide strategic consultation to leadership throughout the enterprise
  • Interact with external agencies, regulatory bodies or industry forums
  • Manage a team that includes multiple levels of managers
  • Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Enterprise Finance
  • Develop and guide a culture of talent development to meet business objectives and strategy
  • Required Qualifications :

  • 8+ years of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent experience demonstrated through one or a combination of the following : work experience, training, military experience, education
  • 4+ years of management or leadership experience
  • Desired Qualifications :

  • Certified Public Accountant (CPA) strongly preferred
  • Experience working in a Public Accounting Firm
  • Experience leading large teams of 100+ individuals
  • Skilled controller with strong fixed income background in derivatives, securities, and loans and a deep understanding of Basel regulatory capital and its application to fixed income businesses
  • Trading and investing products experience from an accounting perspective
  • Technical GAAP, Regulatory, and Capital reporting experience
  • Seeking a truly unique individual who has the requisite business, finance, and strategic expertise, but also the highly entrepreneurial spirit and passion which is very much part of the firm's culture. The individual must be a builder, not just a refiner, someone who is versatile and agile, and a leader who is focused on mentorship and development.
  • Demonstrated knowledge of the accounting, reporting and internal controls requirements within a large, diversified U.S. financial services institution; strong understanding of current financial and regulatory requirements
  • Experience dealing directly with financial and securities regulators, internal and external auditors
  • Highly collaborative Senior Accounting Leader with proven ability to effectively lead large, complex and diverse teams, and exceptional track record of delivering results
  • An energetic, efficient, and resourceful team player. Takes ownership of work product and delivers within tight deadlines
  • Ability to recruit, mentor and develop the next generation of financial leadership
  • Ability to work and influence successfully within a matrix environment and build trusted relationships with Executive Leadership Team members and the extended business and functional leaders across the company
  • An intelligent, decisive, self-confident, and results-oriented individual who possesses a combination of mental flexibility, creativity, analytical ability, and sound judgment
  • Is of unquestionable personal and professional integrity; can give and take constructive criticism and demands high performance from both him / her and colleagues
  • Ability to successfully develop innovative solutions and drive transformational change; strong analytical and critical thinking skills combined with strategic business focus
  • An 'own it' attitude; a 'doer' comfortable in a fast-paced, complex environment; solves problems collaboratively through open and constructive discussion
  • A change agent. Meaningful business improvement / efficiency and effectiveness change management experience. An evident project / change management approach to driving continuous improvement in process delivery.
  • Strong interpersonal skills, superior intellect, and an outstanding ability to communicate using these qualities and skills
  • Detail oriented, responsive, and proactive. Fosters clarity, transparency, consistency, and widespread understanding across the business
  • Ability to translate complex technical concepts so that they are clearly understood in support of sound decisions
  • Demonstrated effective verbal, written, and interpersonal communications skills with the ability to present information in order to create understanding and influence decisions
  • Demonstrated experience working extensively in MIS; in complex IT environments as well as data management process understanding.
  • Job Expectations :

  • Partnership : This position is responsible for developing and maintaining strong relationships to understand key business activities, monitor changes in the business and industry, and ensure that the businesses are being served well for their assigned area by having relevant, sound, factbased accounting and control inputs to inform their decision-making processes. In this role, this Leader will need to have a strong working knowledge of traded products including investment securities, complex financial instruments such as derivatives, repos, structured investments, and hedge accounting.
  • Accounting and Reporting : This position is responsible for leading a team of professionals to ensure all transactions and business activity in CIB and the Investment Portfolio are accounted for in accordance with US GAAP and company policy, appropriately captured and recorded in our general ledger, and appropriately reported and disclosed in a) our publicly issued corporate financial statements, b) in various required subsidiary financial statements, and c) in the various regulatory reports issued to the Federal Reserve Bank, the OCC, and other principal regulators, as necessary.
  • Technical Accounting Knowledge : This position is responsible for understanding and applying the requirements of US GAAP, as well as other SEC and bank regulatory reporting requirements, including a strong understanding of regulatory reporting such as FR Y-9C, Call Report, FFIEC 101, FR Y-14, etc. and capital requirements.
  • Operational Accounting and Systems : This position will require a strong understanding of key platforms used for trading products and securities funding including systems of record and accounting engines in order to drive continuous improvement and simplification in the ecosystem.
  • Internal Control Environment : This position is responsible for ensuring adequate internal controls over the financial and regulatory reporting environment are established and maintained. In this role, working together with the business and other divisions within the Controllers Organization, the team ensures that internal controls are designed and operating effectively through the execution of our quarterly and annual internal control assessment processes performed for both SEC and regulatory reporting.
  • Process Effectiveness and Efficiency : This position will ensure there is a detailed understanding of the accounting, reporting and internal control processes under their supervision, and for ensuring these processes are both operating effectively and efficiently. The leader in this role will be expected to think strategically and tactically, balancing long-term objectives with short-term goals. This Leader will be responsible for developing and fostering a continuous improvement culture throughout the accounting & reporting environment that drives ongoing process improvement, efficiency, and effectiveness solutions through automation, digitization, and other enablement tools while actively advocating for their business partners and balancing between risk mitigation and operational efficiency. This Leader will be expected to understand and execute process improvement strategies, digital alternatives and off-shoring capabilities.
  • Strategic Leadership and Communication : This position is responsible for providing transformational, strategic leadership on accounting, reporting and internal controls. In addition to effectively managing his / her team, this Leader will be required to effectively partner with business leadership and other appropriate groups to understand the business priorities and initiatives, and determine how best to integrate the accounting, reporting and control
  • Posting End Date : 20 Nov 2025

  • Job posting may come down early due to volume of applicants.
  • We Value Equal Opportunity

    Wells Fargo is an equal opportunity employer. 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.

    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 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 :

  • Third-Party recordings are prohibited unless authorized by Wells Fargo.
  • Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
  • Skills Required

    Regulatory Reporting, Internal Controls, Data Management, Accounting, Finance, Mis, Gaap, Financial Reporting, Analytics

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    Financial Accounting • Bengaluru / Bangalore, India

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