Accountant, Accounting Manager, Financial Reporting

Req # :
5055845 | Type:
Full Time | Posted: 12/9/2014 | Edited: N/A | Fee: 20.00% Percentage Computed On Base Salary

Wells Fargo

minimum: $125,000

Maximum: $138,000
target: $130,000
Bonus: na%
Travel: 25%
Sponsor/transfer H-13 and/or H-2B:
No
sponsor / transfer work permits:
No

Paid relocation: no

Honor Period: 6 months

Wealth Management Group (WMG) Controllers is responsible for the accounting and financial controls for the Wealth and Abbot Downing lines of business. WMG Controllers is looking for a self-motivated candidate with strong analytical skills who is able to lead projects, work independently, and prioritize and meet deadlines in a dynamic environment. The ideal candidate will have prior financial services accounting and reporting experience, excellent problem solving skills, a knack for details, and effective communication skills.

Experience with Sarbanes-Oxley (SOX) is a plus.

• Oversee the regulatory reporting process for WMG Controllers, including the submission of all reports to the Corporate SEC and Regulatory Reporting groups
• Establish and maintain accounting processes for the new W  global manager research and investment strategy functions
• Facilitate the month end accounting close for the WMG Alternative Strategies business, including performing GL review of hedge fund and private equity fund activity
• Review complex hedge fund and private equity fund special purpose entities for consolidation accounting consideration (variable interest entities)
• Oversee consolidation accounting for the ASGI private equity partnerships, including non-controlling interest accounting
• Review monthly account-level variance analyses for the Alternative Strategies legal entities and Abbot Downing business
• Review quarterly SEC and regulatory reporting schedules prepared by Wealth Controllers staff for the Investment Management business
• Review 70+ general ledger account reconciliations for the Alternative Strategies legal entities
• Develop and maintain desktop procedures for all significant Investment Management accounting and financial reporting processes
• Assess and monitor financial control environment and implement controls as needed
• Support Corporate SOX requirements, from creating and updating SOX narratives and documentation to addressing deficiencies
• Ensure compliance with internal and external accounting and regulatory policies and procedures
• Assist regulators and internal auditors with compliance reviews and requests
• Research and implement new GAAP accounting and regulatory guidance
• Streamline existing accounting and reporting processes to achieve efficiencies
• Provide accounting support for WMG project initiatives as needed
• Ad Hoc projects

referred Skills

• Solid hedge fund and private equity partnership accounting experience
• Extensive experience managing U.S. GAAP Accounting close and regulatory/SEC reporting processes for financial/banking institutions
• Practical experience applying the following GAAP:
• Consolidation accounting, including non-controlling interests
• Consolidation of variable interest entities (ASC 810 / SFAS 167 / FIN 46R)
• Accounting for debt and equity securities (ASC 320 / SFAS 115)
• Equity method accounting
• Fair Value Measurements
• Familiarity with Basel capital rules, the Volcker Rule, and Regulation W
• Active CPA

This position is based in San Francisco and no relocation financial assistance is available. This position will also require some business travel.

All your information will be kept confidential according to EEO guidelines.