Finance Accounting Sr. Analyst, Assistant Vice President
Confirmed live in the last 24 hours
Citigroup
Job Description
Shape your Career with Citi
Citibank serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey. Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services and digital capabilities to clients across the full spectrum of consumer banking needs worldwide.
We’re currently looking for a high caliber professional to join our team as Finance Accounting Sr. Analyst, Assistant Vice President (Internal Job Title: Finance Accounting Sr. Analyst, Assistant Vice President ) based in Citi Plaza, Taguig, Philippines. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
We empower our employees to manage their financial well-being and help them plan for the future.
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
The Finance Acctg Sr. Analyst is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
In this role, you’re expected to:
- Supports the management and control data flows to and within Finance applications to ensure integrity and completeness of data, including by preparing and recording financial transactions for legal vehicle and regulatory reporting purposes, updating the general ledger, recording financial transactions, and preparing of consolidated financial statements, in accordance with management reporting requirements, for legal vehicle & regulatory purposes. Also, includes specialized accounting, such as equity compensation, securitization, payroll and investment accounting.
- Manages one or more processes, reports, procedures or products, and considered analytical or procedural "expert" representing a unit or team on cross-function process or project deliverables.
- Supervises day-to-day work of junior level employees.
- Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.
- Review and examine key controls for accounting process within the process handled.
- Resolves complex problems or transactions, where expertise is required to interpret policies, guidelines or processes.
- Partner with key stakeholders including legal entity managers, e.g. Country, Balance Sheet control group (BSCG), Global process lead (GPL) & Global process owner (GPO) across multiple locations communicating progress on assigned process completion.
- Identify and appropriately highlight / escalate potential issues relating to account with stakeholders such as Regional Balance Sheet control group / Country controllers / Global process lead (GPL) and Global process owner (GPO) and work with them for resolution.
- Applies in-depth understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact beyond own area.
- Develops and demonstrates an understanding of how assigned areas of process collectively integrate to contribute to achieving business goals.
- Directly impacts the leadership in assigned process through responsibility for delivery of end results leading to business solutions.
- Ensures essential procedures are followed and contributes to defining standards.
- Provides assurance and partners with audit team to monitor controls and accuracy of accounting.
- Persuades and influences others through strong communication and diplomacy skills
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
As a successful candidate, you’d ideally have the following skills and exposure:
- Chartered Accountant (CA) / Master in business administration (MBA)/ Certified Public Accountant (CPA) or equivalent combination of education
- 5-8 years of experience in accounting management with commensurate stakeholder management experience
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/de
Job Description
Geographic Revenue Attribution (GRA) is the sharing of Revenue between Citi Legal Entities within a Business Segment and involves cash settlement between Legal Entities. GRA Transfer Pricing is part of Tax and Transfer Pricing & Revenue Charge-outs Controllers within Financial and SEC Reporting.
This position is both Operational & Strategic in nature. The individual is responsible for the End-to-End Execution of GRA Processes & Controls and compliance with the GRA Standard and MCAs. This role also requires working closely with Business and Country Controllers and Global Tax Teams on the rollout and enhancements to new and existing processes.
Day-to-day responsibilities include:
- End-to-End Responsibility for GRA and Revenue Transfer Pricing including:
- Oversight and Processing of the GRA and / or Lending Revenue Share to Citi’s books and records, and cash settlement through APS
- Review and Execution of any manual adjustments required.
- Communication of results to stakeholders including the investigation and resolution of any queries.
- Process Documentation
- Inbound Data Accuracy and Completeness Controls (e.g. Outlook data from FRM, Actuals from Pearl Financials)
- Ensuring RACI in the Standard Operating Procedure is complied with
- Maintenance and Controls around any EUCs used.
- Execution of all MCA requirements for controls testing and monitoring
- Identify infrastructure enhancements required to support the Lending Revenue Share Calculation and Straight-Through-Processing (STP).
This position requires close partnership with the GRA & Charge-Out APS Finance Teams in Mumbai, Buffalo and London Corporate Function Controllers, Business CFO Teams, FP&A, Tax, Business Controllers, and APS / GRACE technology partners in designing, implementing, and executing best practice operational processes to ensure proper Revenue Sharing Governance and Process Execution.
GRA and Lending Revenue Share are an integral part of Citi’s Reporting Strategy, as accurate Legal Entity Reporting within each Business Segment is a Regulatory imperative. Return and Profitability Metrics are used in driving key business decisions and provides internal and external parties with an insight into the financial performance of Citi’s 5 core businesses and Legal Entity Profitability.
Job Requirements / Qualifications:
5+ years relevant experience
Experience in Inter-Affiliate Transfer Pricing, Controllers, or FP&A is preferred, however candidates with relevant experience in Financial Reporting, Business Controllers, or CFO / LFO function will also be considered.
Strong technical understanding of Markets, Banking, and Services Products and APS Intercompany Booking Flows as well as detailed operational knowledge of Product Processors, Finance Operating Ledgers, and Finance Reporting systems is preferred.
Good understanding of Segment and Legal Entity Reporting as well as Inter-Affiliate Transfer Pricing requirements – including Legal Entity, Management Reporting, and Accounting Principles.
Ability to work with different levels of management, and a consistent track record in leading sustained change and change management efforts.
Able to construct effective solutions that meet cross-functional demands, understanding the cross functional implications of solutions proposed and not “thinking in a silo”.
Excellent communication skills to cater for a wide range of audiences. Able to pitch presentations and communications at the appropriate level for the audience being addressed.
Works as a Partner - Proven track record and history of establishing good working relationships across functions. Decisive and convincing, without being confrontational.
Ability to innovate and champion progress for efficiency and productivity.
Sense of urgency in implementing processes and evaluating priorities; decisive, action-oriented and practical.
Highly motivated and goal-oriented with ability to lead in a professional and challenging environment and deliver results against fast-paced deliverable deadlines.
Ability to manage multiple priorities under demanding time frames and respond appropriately and competently to the demands of work challenges when confronted with changes, ambiguity, adversity, and other pressures.
Technologically savvy – Proficient in Microsoft Office - Excel, Word, PowerPoint. Knowledge of automation and presentational tools such as Tableau and KNIME is not essential but would be useful.
Education:
Bachelor’s degree/University degree or equivalent experience
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Financial Accounting------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Accounting Processes and Financial Controls, Assessment, Credible Challenge, Financial Accounting, Management Reporting, Policy and Regulation, Risk Management.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
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