Financial Planning

7 days ago

Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

FP&A Forecast Execution Process Design and Improvements (C11)

Overview of Citi Planning Transformation Initiative

As part of Citi's Finance Transformation effort, the Planning Initiative is responsible for implementing a defined, integrated, agile, well-controlled, and governed end-to-end integrated forecasting approach that drives effective decision making, informs effective management of the firm's resources, supports our firm wide culture and strategic priorities, and is fully integrated with strategic risk appetite, risk processes, and capital planning. The Planning Initiative will focus on building Core Forecasting processes to enable central decision making and advancing the existing forecasting capabilities through automation, improved governance and enhanced controls. The activities are focused on all scenarios across the stress continuum, ranging from business as usual business planning to stress environments, including CCAR/DFAST, Recovery and Resolution. The Planning Initiative comprises seven key projects: (i) Process Design and Simplification, (ii) Models, (iii) Governance, (iv) Data, (v) Calculation Controls, (vi) Technology and (vii) Organization and Resourcing.

This is an excellent opportunity for a senior results oriented individual to join the Global FP&A / Forecast Execution team based in Mumbai and drive transformation efforts for FP&A and Finance globally. The Process Design and Improvements team is responsible for driving large scale global transformation programs to enhance Citi's planning and analysis capabilities enabling agile decision making by Citi leadership team. The Transformation programs cover business planning / forecasting process and forecasting models transformation, short term performance management processes, Digital and Data Transformation and Future state Forecasting Infrastructure build / roll-out. The Transformation team works closely with Citi CFO, Global FP&A heads, Business CFOs, Planning Transformation head and Finance Function heads to structure and drive these programs.

Job summary :

Citi is looking for a candidate with well-rounded knowledge and experience in Business & Financial Planning, Re-engineering programs, Process improvement frameworks to drive transformation of Citi's forecasting processes towards the end state vision. Planning Process Design and Simplification role will be part of the Planning Initiative within the Transformation team.

The current opening is a part of an overall team based out of Mumbai and the individual will assist in developing a robust and integrated quarterly forecasting process along with the enterprise-wide stress tests, and for identifying opportunities for improvements. This role will require partnership with Finance Senior Leaders across Citi to drive end-to-end process transformation of the forward looking forecasting processes, with a focus on established objectives of process quality, efficiency and simplification while addressing needs of all the key internal consumers of the forecasts.

In addition, they will coordinate End-to End process analysis to document current key processes, identify current challenges and enhancement opportunities. Further, they will need to ensure that the initiative milestones are executed in an efficient, effective, and controlled manner. Through the application of re-engineering and process improvement tools / techniques and focused workshops with Finance and Risk workstream leads, you will identify major pain points and opportunity areas to simplify forecasting processes, investigate their root causes and provide innovative solutions that transform the end to end process.

This role will work on initiatives that will provide a unique opportunity to gain a broad understanding of many key facets of Citi's integrated planning process and stress continuum. Additionally, the individual will need to coordinate further assimilation and understanding of their output with the other project workstreams.

Key Responsibilities:

Part of a team in Mumbai to drive Citigroup's forecasting process transformation including global re-engineering initiative, identification and development of controls and governance and execution of Citigroup's forecasting processes Overall program management of the multiple high visibility global process transformation efforts including strong governance / tracking of program execution partnering with key stakeholders Design and co-ordinate forecasting processes QMMF, CCAR, Outlook, Op Plan for Expenses, Pensions and Ops Risk. Collaborate with multiple FP&A teams, Risk workstreams and Tech teams to define timeline and process. Ensure Calendar and process are effectively communicated to relevant teams Highlight complex issues in Expense design and execution to management on timely manner and ensured timely resolution Identify opportunities to simplify and automate process to derive effort reduction and cycle time saves Establish re-engineering program focused on structuring target state global forecasting processes and create capability by hiring specialized resources in Mumbai Structure and conduct re-engineering workshops with senior stakeholders across Finance to agree on interim and end state process structure to achieve Agile Planning transformation program objectives and related regulatory remediation efforts Partner with other Agile Planning workstreams (Data, Infrastructure/Tech, Models, Reporting & Analytics, UI/Workflow, etc.) to align efforts and program milestones required to achieve process transformation objectives Apply process improvement / re-engineering frameworks (Lean, etc.), to identify and implement tangible and measurable process improvements without impacting quality of outcomes Build out process maps to identify bottlenecks and interdependencies and establish explicit performance metrics for tracking finance planning processes Work in a cross functional collaborative team environment with an intense focus on impactful tangible outcomes Partner with Digital Transformation teams to incorporate and integrate digital tools into the forecasting processes

Requirements:

5-7 years work experience with significant part of that focused on driving large scale transformation efforts, Process Re-engg programs, Financial Planning and Budgeting leadership experience, preferably with global exposure, in Financial Services / Banks MBA in Finance from a top tier institution and a Bachelor's degree in Mathematics, Information Systems, Economics, Computer Science, Engineering, Finance or a related quantitative discipline preferred Experience interacting with senior management on building consensus for contentious topics Experience establishing tracking of KPIs for processes and showing ongoing improvement Experience working in FP&A or related to business and operational planning and budgeting Strong executive presence and experience running senior level workshops Expert knowledge and experience in storyboarding and creating compelling presentations along with strong written and verbal communication skills Past experience in managing and running global financial planning processes with a focus on process efficiency, continuous improvement and process performance analytics Past experience playing leadership role in driving programs in a matrix environment Experience in process re-engg programs with strong knowledge of process improvement frameworks (like Lean) Knowledge of risk and control frameworks and knowledge of best practices to implement controls Knowledge of digital tools incl visualization, AI, Machine learning a plus Experience of partnership with multiple workstreams to drive acceptance and adoption of agreed process changes Knowledge of Agile methodology and experience in projects preferred Experience in process mapping using tools like Blue Works preferred Strong analytical and problem solving skills and track record of leading diverse teams Proficient in Microsoft office suite of products, including expertise in Excel and PowerPoint.

An understanding of Citi's businesses, the major strategic issues and the Senior Management landscape would be beneficial.

Job Family Group:

Finance

Job Family:

Financial Planning & Analysis

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, sexual 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 .

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    The Financial Planning and Analysis Intermediate Analyst is an intermediate level position responsible for providing management with an analysis and insight of Citi's financial results in coordination with the broader Finance team. The overall objective is to apply analytical thinking, knowledge of data analysis and methodologies to create and analyze...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    The Financial Planning and Analysis Senior Analyst position involves analyzing and providing insights on Citi's financial results in coordination with the Finance team to contribute to deposit forecasting for Wealth deposits, drive standardization, and influence deposit strategy.Responsibilities:Support the analysis of strategic plans, forecasts, and...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India JPMorgan Chase Bank, N.A. Full time

    You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.As the Financial Analysis professional in our Corporate & Investment Banking, you will spend each day defining, refining and delivering set goals for our firmYour team is responsible for partnering across the firm to provide financial and strategic...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    The Financial Planning and Analysis Intermediate Analyst is an intermediate level position responsible for providing management with an analysis and insight of Citi's financial results in coordination with the broader Legal Entity Forecasting team. The overall objective is to apply analytical thinking, knowledge of data analysis and methodologies to create...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Citi Full time

    The Financial Planning and Analysis Analyst is an entry level position responsible for assisting in providing management with an analysis and insight of Citi's financial results in coordination with the broader Finance team. The overall objective is to utilize knowledge to create reports/analyses that gauge Citi's alignment with forecasted...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    The Financial Planning and Analysis Senior Analyst is an intermediate level position responsible for providing management with an analysis and insight of Citi's financial results in coordination with the broader Finance team. The overall objective is to utilize in-depth disciplinary knowledge to generate and analyze reports as well as contribute to the...

  • Financial Planning

    7 days ago

    Navi Mumbai, Maharashtra, India Mehta & Mehta Full time

    Position: Financial Planning & Analysis(Preferably from an IT company or IT industry)Qualification: CA/MBAExperience: 7+ yearsLocation: Navi Mumbai(Rabale)Preferably from an IT company or IT industryJob Description (Financial Planning & Analysis)Providing financial insights and projections to the accounting team.provide reliable data and analysis to be used...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India JPMorgan Chase Bank, N.A. Full time

    You are a strategic thinker passionate about driving solutions inFinancial Analysis. You have found the right teamAs theFinancial Analysis Associate in ourAsset and Wealth Management Team, you will spend each day defining, refining and delivering set goals for our firmResponsibilities: Managing annual/continual financial planning activities for product...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    The Financial Planning and Analysis Lead Analyst is a senior professional role responsible for providing management with an analysis and insight of Citi's financial results in coordination with the broader Finance team. The overall objective is to contribute to directional strategy as well as utilize in-depth specialty knowledge to provide advice/counsel on...

  • Financial Planning

    7 days ago

    Navi Mumbai, Maharashtra, India Mehta & Mehta Full time

    Position: Financial Planning & Analysis(Preferably from an IT company or IT industry)Qualification: CA/MBAExperience: 7+ years Location: Navi Mumbai(Rabale)Job Description (Financial Planning & Analysis)Providing financial insights and projections to the accounting team. provide reliable data and analysis to be used in decision-making and planningPrepare...

  • Financial Planning

    7 days ago

    Navi Mumbai, Maharashtra, India Mehta & Mehta Full time

    Position: Financial Planning & Analysis(Preferably from an IT company or IT industry)Qualification: CA/MBAExperience: 7+ yearsLocation: Navi Mumbai(Rabale)Preferably from an IT company or IT industryJob Description (Financial Planning & Analysis) Providing financial insights and projections to the accounting team. provide reliable data and analysis to be...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India JPMorgan Chase Bank, N.A. Full time

    You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.As the Financial Analysis professional in our Corporate & Investment Banking, you will spend each day defining, refining and delivering set goals for our firmResponsibilities: Provide accurate and timely financial reporting and business reviews that...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Citi Full time

    Forecasting Process Controls Design:Responsibilities: Participate in process design workshops and identify key control points required to ensure process integrity and quality of outcomes Determine and define required controls in line with relevant Citi Risk and control policies Coordinate with GFT and infrastructure transformation (UI/ workflow, reporting...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India 12542 Citicorp Services India Private Limited Full time

    PPNR Forecasting and Budgeting - Production & Analysis This role will be part of Forecast Execution team established by Global FP&A head and Capital Planning head to: Provide oversight over execution of CCAR/DFAST, Quarterly Multi-Year Multi-Scenario Forecasting (QMMF) and Operating Plan Ensure delivery of all PPNR workstream deliverables including...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India JPMorgan Chase Bank, N.A. Full time

    You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.As the Financial Analysis professional in our Corporate & Investment Banking, you will spend each day defining, refining and delivering set goals for our firmResponsibilities: Serve as a liaison between Firmwide P&A, lines of business, Functional Finance...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Right-Tic Full time

    Roles & ResponsibilirtiesFinancial Planning & Analysis lead Preparation of Annual Budgets and 3year plan Monthly MIS to Board Preparation of Cost saving Initiative and Cost controls. Coordinate with bankers for loans taken.1-3 years post qualification experience.CA or MBA from top business schoolBenefits: Paid sick timeSchedule: Day shiftSupplemental pay...

  • Dvp Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Tata Capital Full time

    Finance & Accounts - DVP Financial Planning & AnalysisBusiness Vertical: Finance & AccountsDepartment: Finance & Accounts**Hiring Grade M7**Line of Business: Shared Services**Proposed Reporting Manager: Head Planning****Position Title DVP Financial Planning & Analysis**Key Objectives of the Job:A highly motivated and analytical individual who plays a crucial...

  • Avp Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Tata Capital Full time

    Finance & Accounts - AVP Financial Planning & AnalysisBusiness Vertical: Finance & AccountsDepartment: Finance & Accounts**Hiring Grade M5-M6**Line of Business: Shared Services**Proposed Reporting Manager: Head Planning****Position Title AVP Financial Planning & Analysis**Key Objectives of the Job:A highly motivated and analytical individual who plays a...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Citi Full time

    Responsibilities: Drive Quarterly Performance Review / Quarterly Impairment Review for Citi Institutional Strategic Investments (CISI) group: develop presentation materials highlighting key investment information/metrics to support leadership decision making Provide regular highlights of portfolios, partnering with Investing teams and key stakeholders to...

  • Financial Planning

    7 days ago

    Mumbai, Maharashtra, India Accurate Background Full time

    Role Description:Create, analyze, distribute monthly and quarterly financial models and reports to senior managementIdentify opportunities for data & reporting process improvements and incorporate changes into training procedures for team membersDevelop and maintain training procedures to ensure team members always have proper coverage of dutiesConsolidate...