Accountant 6

Company Description

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

Job Description

Job Description:
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.
Responsibilities:

-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 WBR 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

Qualifications

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.

Additional Information