Job Description
employees in an effort to provide regulatory analysis and reporting in coordination with the Finance team. The Finance Reporting Manager
leads the team in accounting activities such as the closing of books and sub-ledgers, adjustment entries and consolidating financials at the
end of each period. The overall objective is to lead a Finance operational team through delegation and supervision to ensure they perform
monthly activities on time and follow specified guidelines as well as contribute to the development of new techniques, models and plans within
the area of expertise.
Responsibilities:
Support the analysis and submission of reports to various constituencies (local regulators, SEC, Fed, OCC, etc.) based on
requirements such as US GAAP, US Regulatory, and local statutory reporting
Oversee closing the books and sub-ledgers, including passing appropriate required adjustment entries and consolidating
financials at the end of each accounting period
Review monthly database updates for various systems and platforms and validate data source feeds with end-user
Ensure all accruals and adjustments are accurately calculated and posted within established timelines
Monitor changes/progress and keep senior leadership informed of unusual financial details
Maintain internal controls by ensuring control checks are built in all the files and check them thoroughly during process reviews
Assist the team in identifying and implementing process improvement initiatives or standardization ideas that will increase
productivity and efficiency, reduce cycle of processing time, and reduce error rates
Oversee all accounts, legers, and reporting systems insuring compliance with appropriate financial standards and regulatory
requirements
Work with the Vice President to set goals, track performance, and other upskilling requirements of the team as well
as develop and capture Key Performance Indicators (KPI) of the team
Adhere to regional and global procedures and rules
Has the ability to operate with a limited level of direct supervision.
Can exercise independence of judgement and autonomy.
Acts as SME to senior stakeholders and /or other team members.
Ability to manage teams.
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 well as effectively supervise the activity of others and create
accountability with those who fail to maintain these standards.
Qualifications:
5-8 years of experience in Accounting Management with Commensurate People Management experience required
Chartered Accountant (CA) / Master in Business Administration (MBA) / Certified Public Accountant (CPA) or equivalent
combination of education desirable
Working knowledge of related financial regulations
Self-motivated and detail oriented
Consistently demonstrates clear and concise written and verbal communication skills
Education:
Bachelor’s Degree/University degree or equivalent experience
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
The Candidate would be primarily responsible for:
Specialized Accounting function including Rewards Accounting, Accruals, Prepaid expenses, Adjustments etc.
Month end reporting and analysis
Close interaction with accounting policy teams; decide accounting treatment for business transactions and / or due to changes
in business practices, accounting pronouncements etc.
Leading, managing and motivating teams including talent management and retention.
Driving Process improvements and transformation initiatives.
Managing customer relationship across different countries and groups.
Partnering with the change team and onshore stakeholders for migrations and delivering an optimum operating environment
through the adoption of best practices and strategic technology initiatives.
Ensuring that the integrity of the operating environment meets audit and regulatory standards.
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Job Family Group:
Finance
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Job Family:
Financial Reporting
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Time Type:
Full time
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Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
💡 Quick Summary
Seeking a career-building opportunity? The FBR Specialized Accounting position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
