Operational Accountant, Wells Fargo

Wells Fargo

Location:
Singapore, Central Singapore

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking an Operational Accountant responsible for providing reconcilement oversight, of reconciliations performed offshore in India for all of the Lines of business groups within Commercial Banking Operations across APAC region. The reconciliation includes Detailed Nostro/GL; Subsystem; Cash Substantiation; Portfolio Recon; FX Position; Supplemental (Multiple System Data comparison) and SWIFT Messages/Payments & Indirect Taxes. Team Member will closely work with multiple departments/stakeholders (Finance, Cash, Operations, Static Data, Production Support, Technology, Offshore reconciliation teams etc.) across globe to identify efficiencies and establish the necessary key controls to capture all risk related items specific to Commercial Banking Operations. In addition the candidate will be expected to support RCSA and Operational risk processes as a process control owner.

Job Responsibility:

Oversee operational accounting activities associated with maintaining ledger, customer accounts and developing reports
Provide operational accounting support for internal business groups or operations departments
Review data from the general ledger, unit reports and various systems to ensure accuracy
Recommend, implement and communicate best practices and procedures for operational or financial control
Provide in-depth business review and develop long term strategies to optimize group or company performance
Support implementation of operational accounting projects that have critical impact on the group or company
Gather and review operational or financial data for audits and RCSA
Prepare and review account reconciliations and certifications and oversee reconciliation activities performed by offshore India team
Review operational accounting procedures, methods or systems
Identify and resolve complex or unique issues
Review accuracy of data from the general ledger, unit reports and various systems
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Control owner for RCSA

Requirements:

2+ years of Operational Accounting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Bachelor's degree in Commerce or MBA in Finance
International Banking Operations Experience
2+ years of overall experience in the banking industry
Accounting and Controls standards and policies Broad Banking/Financial services experience
Proven understanding of accounting fundamentals as it relates to Nostros/Cash, Suspense and Subsystem reconcilements
Exposure to Operational Risk and RCSA
Thorough knowledge on Nostro/Vostro, Foreign Exchange, SWIFT
Proven knowledge of Intellimatch/IRIS Web/Oracle GL processing
Commitment to understanding Corporate and Accounting Policy
Proven ability/proficiency with the use of various types of automation
Proven Basic or intermediate Microsoft Excel, Word and Power Point skills
Proven Basic Excel VBA/Macro Skill
Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment
Detail oriented, results driven, and has the ability to navigate in a quickly changing and high demand environment while balancing multiple priorities
Ability to research and report on a variety of issues using problem solving skills
Ability to work both independently as well as within a team environment
Effective oral and written communication skills

Additional Information:

Job Posted:
May 21, 2025

Expiration:
August 24, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Operational Accountant

Wells Fargo

Location:Singapore, Central Singapore

Category:Finance

Contract Type:Not provided