Job Description
Position Summary: This is a position of elevated responsibility, primarily focused on managing Accounts Payable and Accounts Receivable functions, including vendor payments, customer billing, and statutory deductions.
Key Responsibilities :
1. Vendor payments including booking and passing the payment entries along with taking care of statutory compliance.
2. Internally support to provide requir...
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Citi
Finance Accounting Analyst 2 - Officer
Citi • Mumbai, Maharashtra • via LinkedIn
23 hours ago
Full–time
Apply on LinkedIn
Apply on Citi Careers
Apply on Glassdoor
Apply on SimplyHired
Job description
The Finance Accounting Analyst 2 is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets factual information. Identifies inconsistencies in data or results, defines business issues and formulates recommendations on policies, procedures or practices. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team.
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.
• Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices.
• Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.
• Preparation of accounts for process in line with global guidelines.
• Manages implementation of procedures and development report.
• Adhere to key controls for accounting process within the process handled.
• Articulates own process along with its key controls and provides evidence to support reasoning for the assigned area of work.
• Communicate with Legal Entity Managers on the status of the reconciliations/ accounting performed.
• Delivers on routine accounting deliverables to provide defined outputs.
• Escalates problems or issues relating to transactions, processes, reports or, procedures as appropriate.
• Utilizes understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact on own area.
• Applies understanding of how the team and area integrate with others in accomplishing objectives.
• Applies good understanding of how the team interacts with others in accomplishing the objectives of the area.
• Assesses the applicability of previous or similar experiences and evaluates options under circumstances not covered by procedures.
• Has limited but direct impact on the business through quality of activities provided. Has impact on team and closely related 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.
Qualifications:
• 2-5 years of experience in accounting management (combination of education/experience)
Education:
• Bachelor’s/University degree or equivalent experience
------------------------------------------------------
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, ****** 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.
Key Responsibilities :
1. Vendor payments including booking and passing the payment entries along with taking care of statutory compliance.
2. Internally support to provide requir...
Show full description
Report this listing
Citi
Finance Accounting Analyst 2 - Officer
Citi • Mumbai, Maharashtra • via LinkedIn
23 hours ago
Full–time
Apply on LinkedIn
Apply on Citi Careers
Apply on Glassdoor
Apply on SimplyHired
Job description
The Finance Accounting Analyst 2 is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets factual information. Identifies inconsistencies in data or results, defines business issues and formulates recommendations on policies, procedures or practices. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team.
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.
• Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices.
• Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.
• Preparation of accounts for process in line with global guidelines.
• Manages implementation of procedures and development report.
• Adhere to key controls for accounting process within the process handled.
• Articulates own process along with its key controls and provides evidence to support reasoning for the assigned area of work.
• Communicate with Legal Entity Managers on the status of the reconciliations/ accounting performed.
• Delivers on routine accounting deliverables to provide defined outputs.
• Escalates problems or issues relating to transactions, processes, reports or, procedures as appropriate.
• Utilizes understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact on own area.
• Applies understanding of how the team and area integrate with others in accomplishing objectives.
• Applies good understanding of how the team interacts with others in accomplishing the objectives of the area.
• Assesses the applicability of previous or similar experiences and evaluates options under circumstances not covered by procedures.
• Has limited but direct impact on the business through quality of activities provided. Has impact on team and closely related 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.
Qualifications:
• 2-5 years of experience in accounting management (combination of education/experience)
Education:
• Bachelor’s/University degree or equivalent experience
------------------------------------------------------
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, ****** 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.
💡 Quick Summary
Seeking a career-building opportunity? The Finance Accounting Analyst 2 - Officer position is now open for candidates interested in the Accountant 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 Accountant Jobs is a plus.
