Are you looking to build a career in finance and accounting with a reputable company? Here’s an opportunity with Wells Fargo, which is hiring for the role of Financial Accounting Associate in Bengaluru. This position is ideal for freshers or candidates with up to six months of experience in finance, data management, or accounting. Offering a salary of Rs 84,000 per month, it’s a strong entry point for anyone looking to deepen their understanding of financial controls, regulatory reporting, and data management. Let’s dive into what this role is all about!
About the Role
As a Financial Accounting Associate at Wells Fargo, your main responsibilities will revolve around supporting financial accounting activities and maintaining key financial reports. You’ll work closely with data from the general ledger and financial statements, ensuring accuracy and compliance with internal controls. It’s a fantastic chance to learn and grow in a collaborative environment while refining your skills in finance and data management.
Job Details:
- Job Title: Financial Accounting Associate
- Job Type: Work From Office
- Salary: Rs 84,000 per month
- Location: Bengaluru, India
- Experience: 6+ months in finance, accounting, analytics, or financial reporting
- Qualification: Bachelor’s Degree
Key Responsibilities
- Data Gathering & Financial Reporting: Collect financial data for both internal and regulatory reports to ensure accuracy in reporting.
- Ledger and Financial Statements: Review ledger accounts, financial statements, and regulatory reports to make sure they align with internal policies.
- Collaboration & Consultation: Work closely with colleagues, managers, and stakeholders to resolve issues and achieve shared goals.
- Data Accuracy: Check data from various financial systems and unit reports, ensuring accuracy and identifying any discrepancies.
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Skills & Qualifications Needed
- Microsoft Office Proficiency: Advanced skills in Word, Excel, Outlook, and Access.
- Data Management: A good understanding of data analysis, profiling, and data quality principles.
- SQL & Alteryx: Experience with SQL, Alteryx, and other data tools is a big plus.
- Consulting Skills: Ability to understand and consult on stakeholders’ needs, offering data-driven solutions.
- Database Management: Knowledge of RDBMS like Oracle, MS SQL Server, and Teradata for creating reports and dashboards.
Why Should You Apply?
- High Salary Package: With a monthly salary of Rs 84,000, this role offers a great income, especially for candidates just starting their finance careers.
- Career Growth: Wells Fargo offers valuable learning opportunities and experience in finance, data management, and analytics.
- Real-World Impact: In this role, your contributions will directly support the company’s financial accuracy and reporting standards, providing a strong foundation for future career growth.
How to Apply
Interested in joining Wells Fargo? Follow these steps to apply:
- Click here to “Apply Now”
- Register/Log In: If this is your first time, create an account. If you’re a returning candidate, log in.
- Fill Out the Application Form: Include all your personal, academic, and professional details.
- Upload Required Documents: Ensure you have your resume and other necessary documents ready for upload.
- Submit: Double-check your details, then submit the application.
Top 10 Interview Questions for Financial Accounting Associate Position (With Sample Answers)
1.Why do you want to work with Wells Fargo?
- Wells Fargo is well-regarded in the financial industry. I am eager to work in a company that values accuracy and innovation, which aligns with my personal values and career goals.
2.Can you explain a time when you ensured data accuracy in a report?
- In my previous role, I regularly cross-checked data entries in our financial system, spotting and correcting any errors, which maintained data integrity and improved report accuracy.
3.What experience do you have with SQL or data management tools like Alteryx?
- I have hands-on experience with SQL, where I used it to extract and organize data for analysis. I also learned Alteryx during my internship, helping to streamline data processing.
4.How would you handle a discrepancy found in financial reports?
- I’d first investigate the root cause by reviewing the ledger and transaction history. If needed, I would reach out to colleagues for clarification and work to correct it immediately.
5.How comfortable are you with Microsoft Excel, and how do you use it for financial tasks?
- I am proficient in Excel, using it for data analysis, creating pivot tables, and applying functions like VLOOKUP to manage large datasets effectively.
6.Can you explain the importance of data reconciliation?
- Data reconciliation ensures that data is consistent and accurate across systems, which is crucial for regulatory compliance and making informed business decisions.
7.How do you prioritize tasks when dealing with multiple deadlines?
- I prioritize tasks based on urgency and impact. I make sure to set clear timelines for each task, breaking down larger tasks into manageable steps to stay on track.
8.Why is it important to understand a client’s business needs in financial reporting?
- Knowing a client’s goals helps to tailor financial reporting that truly supports their strategy, ensuring reports are not only accurate but also relevant to their objectives.
9.What makes you a good fit for a data-driven role like this?
- I have a keen attention to detail, a solid foundation in data management, and a commitment to accuracy, all of which are essential for handling data responsibly in finance.
10,How would you go about creating a dashboard in Power BI for financial data?
- I would first gather the key metrics needed, design a layout that highlights these KPIs, and use SQL to structure the data. I’d then ensure the dashboard is user-friendly and easy to update.
This role with Wells Fargo offers a solid career path in financial accounting, combining practical experience with opportunities for growth. Apply now and take your first step towards a rewarding career in finance and data management!