Assistant Controller

6 days ago


Toronto, Canada Wells Fargo Full time

**About this role**:
Wells Fargo is seeking a Assistant Controller to join a high performing finance team based in Toronto.

**In this role, you will**:

- Act as a lead Consultant for financial accounting related matters for lines of business and other control functions
- Provide technical expertise regarding accounting issues, regulatory information and research
- Provide technical assistance on major transactions and product development
- Provide data for preparing and reviewing financial and regulatory reports
- Communicate practices and procedures for proper financial control functions in accordance with the company's internal controls policies
- Articulate the impact of policy changes to management within business group or organization
- Provide technical interpretation on matters and a key change agent in building and adopting best practices within the functional area
- Lead implementation of the most complex projects or initiatives impacting multiple lines of business or across the enterprise
- Identify compliance and risk management requirements for supported area and works with other stakeholders to implement key risk initiatives
- Provide strategic consultation to leadership
- Interface with external agencies, regulatory bodies or industry forums
- Provide work guidance or mentorship to other peers

**Required Qualifications**:

- 5+ 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

**Desired Qualifications**:

- University degree in business, finance or accounting
- Professional accounting designation, preferably a Canadian/International CA/CPA or equivalent
- Progressive work experience with a focus on accounting, financial/regulatory reporting and controls, preferably with experience in a financial services environment
- Strong technical background and proficiency with systems and spreadsheet skills including various Microsoft products like Word, Excel, Access, Visio etc.
- Strong analytic, accounting and problem solving skills
- Excellent interpersonal, written and oral communication skills
- Proven ability to work independently and to identify and resolve issues by exercising well-reasoned professional judgement
- Knowledge and understanding of regulatory reporting for a Canadian foreign bank branch
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
- A self-starter with excellent time management skills that can plan and deliver against deadlines
- Well organized and can see the 'big picture' along with the details

**Job Expectations**:

- Review or prepare various US and Canadian financial, regulatory and tax related reports for the Branch, ensuring timely and accurate submissions to Canadian or US stakeholders.
- Review and oversee various management reports and regional committee materials.
- Help oversee the month-end close process.
- Help manage team's overall process and controls to ensure compliance with accounting and reporting policies and documentation requirements (including US GAAP and IFRS) and all relevant WF policies (e.g. Governance & Oversight Policy). This will include working closely with (and have a dotted line into) International Controls team.
- Manage team's annual financial statement preparation and audit process.
- Provide effective back-up and support to the Regional CFO including acting as a key liaison for Branch Management, Controller colleagues around the world and support functions like Operations, Credit & Compliance
- Help provide day-to-day accounting/regulatory support including leading investigation and follow-up of issues.
- Participate and lead various ad hoc finance related projects.
- Lead efforts to re-engineer legacy manual processes and reducing end user computer tools (EUCT) footprint.
- Assist in maintaining and ensuring an effective system of internal control.
- Assist with internal and external audits and in regulatory examinations.
- Identify opportunities for efficiencies and improvement.

**We Value Diversity**

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


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