Officer - Accounting Operations

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai

Job Description

Citi


Officer - Accounting Operations
Citi • Mumbai, Maharashtra • via LinkedIn
4 hours ago
Full–time
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Job description
Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’s Enterprise Services and Public Affairs (ESPA) aims to enhance how our stakeholders perceive and experience Citi. We manage our reputation by engaging with our stakeholders and delivering great spaces and services to colleagues and clients.

We’re currently looking for a high caliber professional to join our team as Accounting Operations - Hybrid (Internal Job Title: Officer - C10) based in Mumbai, India. 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.

In this role, you’re expected to:

Accounting Operations Analyst role is specifically tasked with actively monitoring project documentation and implementing the necessary corrective actions to maintain compliance throughout the project lifecycle. This role will ensure projects adhere to Citi relevant policies and procedures, including maintaining project documents such as contracts, permits, certificates of insurance, etc. This role will also support project delivery with the administration of project activities in Citi systems (REALM, Intralinks, P2P, CASP, etc.) and the coordination of project initiation, purchase orders, change orders, invoices and close out in those platforms.

Responsibilities:
• Provides guidance to project teams on Citi Policy, Procedure and Standards relating to operational requirements, as well as provide interpretation of internal compliance procedures and guidelines.
• Support Project Management staff by submitting Project Initiations and creating new projects in REALM, including Scope Agreements (pre-funding) and performing quality checks.
• Create Purchase Requisitions based on supporting documentation and submit for approval in REALM and P2P
• Perform compliance checks and upload documentation in REALM, including but not limited to: Vendor proposal documents, Bid Summary, Procurement Summary, Certificate of Insurance, Vendor Contract, CASP Evidence, Contractor State License, etc.
• Other Compliance checks include:
• Scope and rates comply with the Master Service Agreement (MSA)
• Contract values match the bid summary, recommendation forms and vendor proposals
• Certificate of insurance is valid for the duration of project works and terms and conditions align to scope of work
• Bid Summary and Vendor Recommendation Forms are appropriately approved
• Bid Exceptions are uploaded to REALM once approved
• Confirm vendor is active in Citi Approved Supplier Program (CASP) system
• Ensure invoices are submitted to the correct project, purchase order and that it does not exceed the vendor requisition amounts and submit invoices for approval
• Initiate Physical Close of project at direction of PM staff, including system changes and notifying Controllers/finance to begin asset depreciation
• Financial Close
• Confirm vendor outstanding invoices and ensure invoices are received in a timely manner
• Complete negative change orders to close Purchase order commitments in REALM or P2P
• Upload the Project Closeout Checklist and all closeout documents to approved storage locations
• Issue notification to Controllers/finance requesting Financial Close of the project
• Systematically close project in REALM

Qualifications:
• 3-5 years of relevant work experience
• Experience working in cross-cultural global teams is an advantage
• Knowledgeable in end-to-end P2P Purchase Order to Payment processes preferable
• Proficiency in Procure to Pay type of systems
• Proficient in the use of office applications (MS Word, Excel, PowerPoint, etc.)

Skills/Competencies:
• Strong organizational skills and attention to detail
• Ability to prioritize tasks and meet deadlines
• Excellent English written & verbal communication skills
• Able to think out of the box
• Strong analytical skills
• Effective time management, documentation and organizational skills
• Action-oriented, logical and rational
• Analytical and organized, with attention to detail
• Flexible and team-oriented, willing to learn and share experience with other team members
• Has a strong sense of urgency
• Must be willing to work in FIFC, BKC or NKP office.

Education:
• Bachelor’s/University degree or equivalent 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/dei

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Job Family Group:

Corporate Services

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Job Family:

Facilities Operations

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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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 Officer - Accounting Operations 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.

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Job Details

Company Name: Citi

Frequently Asked Questions

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The expected salary for Officer - Accounting Operations in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Officer - Accounting Operations is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Officer - Accounting Operations. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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