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Wells Fargo · 1 day ago

Allocations Lead Finance Analyst

Charlotte, NC

Full-time

Onsite

Senior Level

5+ years exp

Wells Fargo is seeking an Allocations Lead Finance Analyst who will be part of the Enterprise Functions Finance team. This role focuses on producing and consolidating financial reporting, conducting analysis, and providing insights to support business leaders and improve financial performance.

BankingFinancial ServicesFinTechInsurancePayments

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

Qualification

Finance experienceEssbaseExcelPowerPointFinancial modelingPower BITableauAnalytical skillsProblem-solving skillsCommunication skillsTime managementLeadership skills

Required

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

Ability to perform complex analysis, build financial models, draw conclusions and communicate recommendations to business leaders

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

Preferred

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

Knowledge of key tools like Power BI or Tableau is a plus

Ability to prepare executive level presentations and management reporting