Job Description
Full Job Description
Finance Acctg Analyst I - C0+
Job Description
Excited to grow your career?
We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
-
Role Outline/Job Summary
To coordinate the processing of all Compensation accounting journals for EMEA/APAC/LATAM including Mexico, including the reconciliation back to source systems and all management reporting thereon. Responsible for accruals of all portfolio's month on month variance analysis of comp lines, chargeback
and settlement and statutory reporting.
Role and Responsibilities
Day-to-Day Responsibilities:
Manage the various compensation portfolios (Eg: equity, pension, severance and incentive compensation)
Review and Analysis to be performed for all the lines of Compensation Accounting across all ICG Business for all region viz Actuals vs Prior Month Actuals / Projected Actuals / Outlook.
To be able to effectively discuss the process changes with compensation controllers, communicate and implement the changes
Accountable for ensuring that controls and processes are in place to enable the accurate accounting and management information reporting.
Manage the critical tasks completed by various team members (daily P&L , variance analysis, statutory reporting and chargeback/payout)
Provides MoM variance analysis on compensation lines insight to segment controllers
Have an overall responsibility for internal and external representation of comp processes
Ensuring the risk and control framework in Citi is fully implemented for this process
Highlight or escalate any issues or implement any changes
Management and ownership of monthly, quarterly and annual closing activities
Responsible for KPI and conducting monthly review call with stakeholders
Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.
Able to articulate own process along with its key controls and support reasoning with appropriate evidence in assigned area of work.
Identifies and resolves problems using independent judgment for assigned products/business.
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.
Key Deliverables:
Operational accounting and reporting of compensation lines for all regions
Performs monthly, quarterly and yearly variance analysis
Investigation and resolution of ledger variances
Account reconciliation
Expense recognition/accrual entries
Reviews general ledger/sub ledgers on a monthly basis to ensure accuracy of posting
Management reporting
Apply subject matter expertise to identify, develop, and implement new techniques for process improvement
Qualifications - Internal
Bachelor’s Degree in Accounting/Finance with experience in similar Accounting/Finance related position
Post Graduate or certifications a plus
CA/MBA/CPA preferred
Experience:
3 + years’ experience in General Ledger Accounting
Experience leading a team of professionals
Relevant Experience with Compensation Accounting preferred
Experience with monthly ledger variance analysis
Experience with client facing consulting engagements
-
Grade :All Job Level - All Job Functions All Job Level - All Job Functions - IN
-
Time Type :Full time
-
Job Family Group:
Finance
-
Job Family:
Financial Accounting
-
Time Type:
Full time
-
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
Finance Acctg Analyst I - C0+
Job Description
Excited to grow your career?
We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
-
Role Outline/Job Summary
To coordinate the processing of all Compensation accounting journals for EMEA/APAC/LATAM including Mexico, including the reconciliation back to source systems and all management reporting thereon. Responsible for accruals of all portfolio's month on month variance analysis of comp lines, chargeback
and settlement and statutory reporting.
Role and Responsibilities
Day-to-Day Responsibilities:
Manage the various compensation portfolios (Eg: equity, pension, severance and incentive compensation)
Review and Analysis to be performed for all the lines of Compensation Accounting across all ICG Business for all region viz Actuals vs Prior Month Actuals / Projected Actuals / Outlook.
To be able to effectively discuss the process changes with compensation controllers, communicate and implement the changes
Accountable for ensuring that controls and processes are in place to enable the accurate accounting and management information reporting.
Manage the critical tasks completed by various team members (daily P&L , variance analysis, statutory reporting and chargeback/payout)
Provides MoM variance analysis on compensation lines insight to segment controllers
Have an overall responsibility for internal and external representation of comp processes
Ensuring the risk and control framework in Citi is fully implemented for this process
Highlight or escalate any issues or implement any changes
Management and ownership of monthly, quarterly and annual closing activities
Responsible for KPI and conducting monthly review call with stakeholders
Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.
Able to articulate own process along with its key controls and support reasoning with appropriate evidence in assigned area of work.
Identifies and resolves problems using independent judgment for assigned products/business.
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.
Key Deliverables:
Operational accounting and reporting of compensation lines for all regions
Performs monthly, quarterly and yearly variance analysis
Investigation and resolution of ledger variances
Account reconciliation
Expense recognition/accrual entries
Reviews general ledger/sub ledgers on a monthly basis to ensure accuracy of posting
Management reporting
Apply subject matter expertise to identify, develop, and implement new techniques for process improvement
Qualifications - Internal
Bachelor’s Degree in Accounting/Finance with experience in similar Accounting/Finance related position
Post Graduate or certifications a plus
CA/MBA/CPA preferred
Experience:
3 + years’ experience in General Ledger Accounting
Experience leading a team of professionals
Relevant Experience with Compensation Accounting preferred
Experience with monthly ledger variance analysis
Experience with client facing consulting engagements
-
Grade :All Job Level - All Job Functions All Job Level - All Job Functions - IN
-
Time Type :Full time
-
Job Family Group:
Finance
-
Job Family:
Financial Accounting
-
Time Type:
Full time
-
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 Finance Rptg Intmd| Analyst | C0+ 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.
