Allocations Lead Finance Analyst

Wells Fargo • Irving, TX

5d

About The Position

About this role: Wells Fargo is seeking an Allocations Lead Finance Analyst who will be part of the Enterprise Functions Finance team contributing to producing and consolidating reporting in direct support of corporate deliverables, business leaders, partners, and other constituents. The individual contributor role may also support key efforts across Enterprise Functions including expense analysis to provide meaningful insights into the underlying drivers impacting results. Outstanding leadership skills, innovation, and the ability to foster a culture of strong consultation and collaboration with partners will be a critical success factor. Enterprise Finance is the office of the CFO which leads financial planning and analysis; leads the line of business finance functions, manages the company’s balance sheet, including capital, liquidity, funding and investment portfolios; is responsible for accounting and financial controls, and drives acquisitions and divestitures. The team drives financial performance by understanding the value chain of our products and services and working to prioritize and execute areas of improvement throughout the company. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional. In this role, you will: Build, maintain and automate standard monthly allocations reporting for finance leaders and finance team; requires extensive data reconciliation as well as analysis Establish and maintain effective and efficient reporting delivery that meets brand standard and internal control standards Act as the trusted partner and subject matter expert by conducting in-depth research and analysis of financial data to resolve complex issues Communicate insights, findings and recommendations to business partners promptly for decision making Excellent client communication skills to partner with business partners in a global environment consisting of multiple senior stakeholders to drive outcomes Provide financial insights and commentary highlighting actual vs forecast/budget variances to highlight risk and opportunities and drive cost efficiency Understand the allocation process and ensure drivers and methodologies yield appropriate allocations to line of businesses and legal entities Drive continuous improvement through simplification, standardization and automation Document procedures to ensure effective repeatable processes and data sharing between teams

Requirements

• 5+ years of Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

• Exceptional Essbase, Excel, PowerPoint skills and strong knowledge of using pivot tables, v-lookups, tracing formulas, and running macros
• Bachelor's/Master’s Degree in Finance, Accounting, Business, or Economics; CA/CFA/MBA a plus
• Experience in finance or accounting roles, including monthly close, management reporting, monthly business review decks; allocation experience is a plus
• Ability to perform complex analysis, build financial models, draw conclusions and communicate recommendations to business leaders
• Knowledge of key tools like Power BI or Tableau is a plus
• Ability to prepare executive level presentations and management reporting
• Strong analytical and problem-solving skills to interpret complex financial data, trends and patterns along with high level of accuracy and attention to detail
• Self-starter with exceptional critical thinking skills combined with a strategic business focus; can recognize issues and implement solutions with minimal guidance
• Ability to evaluate allocation processes and continuously look for efficiency and effectiveness opportunities
• Strong time management skills and ability to meet deadlines
• Sense of urgency with ability to adapt to fast changing priorities and timelines
• Excellent communication skills (oral and written) for regular connections with leaders and broader finance team, organizational skills, and experience articulating issues, risks, and proposed solutions to management
• Exhibits initiative, curiosity and independence
• Showcased leadership skills, good judgement, and accountability in prior roles
• Develops and uses checklists to ensure that information goes out error-free through utilizing controls in process for cross-checking outputs before submission.
• Accurately gauges the impact and cost of errors, omissions, and oversights

Responsibilities

• Build, maintain and automate standard monthly allocations reporting for finance leaders and finance team; requires extensive data reconciliation as well as analysis
• Establish and maintain effective and efficient reporting delivery that meets brand standard and internal control standards
• Act as the trusted partner and subject matter expert by conducting in-depth research and analysis of financial data to resolve complex issues
• Communicate insights, findings and recommendations to business partners promptly for decision making
• Excellent client communication skills to partner with business partners in a global environment consisting of multiple senior stakeholders to drive outcomes
• Provide financial insights and commentary highlighting actual vs forecast/budget variances to highlight risk and opportunities and drive cost efficiency
• Understand the allocation process and ensure drivers and methodologies yield appropriate allocations to line of businesses and legal entities
• Drive continuous improvement through simplification, standardization and automation
• Document procedures to ensure effective repeatable processes and data sharing between teams

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees