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Wells Fargo
WEST DES MOINES, IA | Full Time
$98k-125k (estimate)
4 Months Ago
Financial Accounting Manager
Wells Fargo WEST DES MOINES, IA
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$98k-125k (estimate)
Full Time | Banking 4 Months Ago
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Wells Fargo is Hiring a Financial Accounting Manager Near WEST DES MOINES, IA

About this role:

Wells Fargo is seeking a Financial Accounting Manager to support the Procure-to-Pay (P2P) team within Supply Chain Management. This team delivers a globally integrated procure-to-pay solution leveraging standardized processes and tools while implementing cost management controls, disciplined oversight and comprehensive value to the customer.

The Global Accounts Payable team is responsible for:

  • More than 4.7 million Supplier payments accounting for more than $19.9 billion dollars in 2023.
  • Internal commercial card program which manages more than 68,000 corporate cards.
  • Annually, more than $455 million dollars is reimbursed to our employees. Over 250,000 expense reports accounting for more than 3.2 million expense transactions are reviewed on an annual basis.
  • Financial Accounting Expense Management Budget and Expense process which accounts for more that $45 million in additional expense reimbursement.
  • Global Accounts Payables has 51 FTEs that are responsible for all the daily operations.
  • Global Accounts Payable within Supply Chain Management is responsible for processing payments for goods and services for the global organization as well as timely and accurate payments to suppliers and employees for reimbursable expenses ensuring payments are consistent with policies, procedures and in compliance with all regulatory requirements.
  • The Global Accounts Payable team also supports Ariba, and SAP ERP systems, Concur Travel and Expense, APZEN Detect, Financial Advisor Expense Management System (FAEMS) and Internal Commercial Card (ICCard) applications.

In this role, you will:

  • Manage a team of individual contributors supporting significantly diverse and complex functional areas related to financial accounting
  • Manage directly or through a team, accounting activities for one or more groups within a line of business
  • Direct completion of complex accounting tasks pertaining to accounts, statements, systems and records
  • Set standards for monitoring the data provided and for preparation and review of financial statements and other documentation
  • Create and implement controls to ensure accuracy of data
  • Maintain advanced knowledge of current accounting practices and regulatory requirements
  • Enforce adherence to internal and external accounting principles and policies
  • Develop methodologies and implement changes for internal accounting systems
  • Plan, design and direct the production of financial and regulatory reports
  • Manage response and resolution to audit inquiries
  • Provide technical interpretation on various matters and a key change agent in building and adopting best practices within the functional area
  • Lead implementation of complex projects or initiatives impacting one or more lines of business
  • Understand and ensure compliance and risk management requirements are met and work with other stakeholders to implement key risk initiatives
  • Provide strategic consultation to more experienced leadership
  • Interact with external agencies, regulatory bodies or industry forums
  • Manage a team of individual contributors, cross-functional or virtual teams
  • Manage allocation of people and financial resources for Enterprise Finance
  • Mentor and guide talent development of direct reports and assist in hiring talent

Required Qualifications, US:

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

Desired Qualifications:

  • Ability to quickly and accurately mange the execution of tactical deliverables which are consistent with strategic initiatives.
  • Manage a diverse operation team which enable team members to consistently exceed the expectations of their position.
  • Ability to quickly adapt and change business process and procedures while enforcing controls and compliance activities.
  • Strong analytical and interpretive skills
  • Knowledge and understanding of: ICCard (tool used to manage all corporate card plastics transactions), Concur Budget and Expense, AppZen (AI used for policy review), PSFIN (Account Payable System of record), Ariba (P2P – Purchase order system of record), MDSL (Market Data tool), Corrigo (work order tool), and SAP (Accounts Payable system of record).
  • Management of Customer Service Solution Center and/or call center experience

Job Locations and Salary Range:

  • IA- West Des Moines: MIN $111,100 MAX $197,500
  • MN- Minneapolis: MIN $111,100 MAX $197,500
  • NC - Charlotte: MIN $111,100 MAX $197,500
  • AZ - Chandler: MIN $111,100 MAX $197,500
  • May be eligible for an annual discretionary bonus

Posting End Date: 

30 May 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.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$98k-125k (estimate)

POST DATE

02/29/2024

EXPIRATION DATE

07/21/2024

WEBSITE

wellsfargo.com

HEADQUARTERS

LITCHFIELD, MN

SIZE

>50,000

FOUNDED

1852

TYPE

Public

CEO

SUSAN LEISHER

REVENUE

>$50B

INDUSTRY

Banking

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Wells Fargo is a provider of personal and commercial financial services including banking, mortgage, investment, credit card and insurance.

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