Job Description
About the position About this role: Wells Fargo is seeking a Vice President, Lead Financial Controls Analyst to join our business COSO controls testing team. The Enterprise Business COSO testing team within the Enterprise Controls & Oversight (EC&O) group is part of the first line of defense in Finance, responsible for testing business process controls covering financial and regulatory reporting. This team tests the internal controls over financial and regulatory reporting as part of Wells Fargo’s annual SEC and regulatory reporting attestations. In this role, you will: Plan, execute, and provide oversight for process level scoping and business controls testing involving complex subject matter Collaborate effectively with external auditors, business partners, governance partners, and other stakeholders on internal control matters Partner with IT and business process owners/control owners to document significant in-scope end-to-end reporting processes according to COSO policy (process narratives and process flow diagrams). Review and challenge risk assessment conclusions, including assessing the appropriateness and completeness of significant risks and key controls identified Assist with preparing and presenting status reporting and other internal control related topics to executive leadership Mentor and guide the development of team members through controls testing, risk assessments, and business coordination efforts Build relationships and collaborate with key stakeholders within the applicable line of business and IT functions related to assigned process areas, and provide recommendations on opportunities to enhance the quality or efficiency of existing business processes Lead or assist ad hoc projects related to department practices and/or emerging control matters impacting the enterprise Analyze the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting Responsibilities • Plan, execute, and provide oversight for process level scoping and business controls testing involving complex subject matter • Collaborate effectively with external auditors, business partners, governance partners, and other stakeholders on internal control matters • Partner with IT and business process owners/control owners to document significant in-scope end-to-end reporting processes according to COSO policy (process narratives and process flow diagrams). • Review and challenge risk assessment conclusions, including assessing the appropriateness and completeness of significant risks and key controls identified • Assist with preparing and presenting status reporting and other internal control related topics to executive leadership • Mentor and guide the development of team members through controls testing, risk assessments, and business coordination efforts • Build relationships and collaborate with key stakeholders within the applicable line of business and IT functions related to assigned process areas, and provide recommendations on opportunities to enhance the quality or efficiency of existing business processes • Lead or assist ad hoc projects related to department practices and/or emerging control matters impacting the enterprise • Analyze the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting Requirements • 5+ years of Finance, Accounting, Analytics, Reporting or Business and Technology Audit experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Nice-to-haves • SOX internal control testing experience of a large public company • Big four public accounting experience, preferably within business audit • Strong relationship management skills; ability to negotiate difficult positions without harming relationships • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment • Excellent verbal, written, and interpersonal communication skills • Experience with automation efforts and innovating existing processes to drive quality and efficiency • Certified Public Accountant (CPA) Designation • Experience integrating and coaching offshore and/or third-party resources into testing organization • Ability to interpret, collate, and present results of analyses and recommendations to senior leaders and/or key stakeholders Benefits • Health benefits • 401(k) Plan • Paid time off • Disability benefits • Life insurance, critical illness insurance, and accident insurance • Parental leave • Critical caregiving leave • Discounts and savings • Commuter benefits • Tuition reimbursement • Scholarships for dependent children • Adoption reimbursement