Finance Acctg Sr. Analyst - C12 - MUMBAI
Citi
This job is no longer accepting applications
See open jobs at Citi.See open jobs similar to "Finance Acctg Sr. Analyst - C12 - MUMBAI" AnitaB.org.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.
The Finance Accounting Sr. analyst is accountable for complex/critical/large professional disciplinary areas within Corporate Functions Controllers including Corporate Insurance & Risk Management. Excellent internal and external communication and negotiation skills will be necessary including to and with third-party collaborators, vendors and key stakeholders. Involved in short-to medium-term planning of actions and resources for own area. Responsibility for financials, planning/budgeting, close, consolidation, reporting and other functions as required. Has responsibility for volume, quality, timeliness and delivery of end results of an area, including leading a small team to accomplish desirable results.
Responsibilities:
- 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.
Qualifications:
- 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
- Excellent communication skills, including writing and presentation. The ability to understand and articulate complex financial concepts.
- Strong analytical and strategic thinking with excellent hands-on MS Excel skills, experience on automation and transformation projects is a 'plus'.
- Ability to supervise a team.
- Ability to manage and prioritize effectively and resolve conflicting priorities.
- A pro-active self-starter who can continue to push concepts forward with minimal guidance.
Education:
- Bachelor’s/University degree or equivalent experience
Supports and manages the management and control data flows to and within Finance applications to ensure integrity and completeness of data, including by preparing and recording or reviewing financial transactions for legal vehicle and regulatory reporting purposes, updating the general ledger, recording financial transactions, and preparation of consolidated financial statements, in accordance with management reporting requirements, for legal vehicle & regulatory purposes. Also, includes specialized insurance accounting, expense accounting and investment accounting as well as general controllership responsibilities.
Ensuring that financial controls are identified and in place for all key processes and that any control weaknesses/issues are appropriately addressed and escalated with a remediation plan defined.
Understand the impact of new requirements and comply with new control requirements.
Establish consistent processes and maintain a strong control environment including review and update of procedures, MCA assessments, etc.
Ensure general controls which are not finance division specific, but applicable to entire finance are coordinated and reviewed on regular basis (e.g. Entitlement Reviews, Continuity of Business, Intercompany Service Agreements, End User Computing applications).
Additional responsibilities will include other controllership responsibilities within Corporate Functions Controllers, such as responding to accounting questions and inquiries, any required policy changes, identifying opportunities and leading transformation projects, driving process and control standardization, and the development of improved processes and controls.
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Financial Accounting------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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This job is no longer accepting applications
See open jobs at Citi.See open jobs similar to "Finance Acctg Sr. Analyst - C12 - MUMBAI" AnitaB.org.