Officer- C10 Balance Sheet Substantiation
2 days ago
About (Balance Sheet Substantiation) One of the key controls for ensuring the accuracy of Citi's P&L is through ensuring the accuracy of its Balance Sheet. The basis for ensuring this accuracy is through the process of substantiating the balances in the general ledger back to supporting documentation on monthly basis. Lacking good controls over the Balance Sheet Substantiation (BSS) process can result in inaccurate reporting of the company's Revenues and Expenses and require adjustments including write-offs. Mumbai BSS team supports various regions such as EMEA countries, India and NAM O&T, LATAM with reconciling, proofing & eRecon submission activities for balance sheet accounts. Currently, the team is handling Full Keys belonging to Finance, Tax, Operation, Treasury, Cash & Fixed Assets. Role Outline/Job Summary Ensure the integrity of Balance Sheet accounts through the monthly validation of balances. Ensure that each account balance is fully substantiated, proofed, aged & submitted in e-Recon. Identify potential internal control weaknesses. Ensure compliance with Summaries & BS Directives as rolled out by BSS GPO Business/ Department **Objectives**: Balance Sheet accounts Substantiation **Core Responsibilities**: Substantiation/Proofing **Day-to-Day Responsibilities**: Preparation of Balance Sheet reconciliations for numerous legal vehicles across EMEA to a high standard in line with Corporate guidelines Responsible for the follow up and resolution of reconciling items Responsible for the accurate reporting of the status of the reconciliations owned into Citi reporting tool ‘eRecon’ Connecting with various input providers for proofing within given deadline Communicating with Legal Entity Managers across multiple locations on the status of the reconciliations performed Escalating any account related issues to Regional Balance Sheet Control Proactive Stake Holder Management e.g. Country, BSCG, GPL & GPO Participates in cross functional initiatives at a Center Level Takes charge of own training needs and develops training plan. Proactively discusses IDP's with span of control leader and acts on the feedback **Education**: Post Graduate/ Part qualified accountant. **Experience**: Minimum of 6-7 years’ experience in an accounting environment. **Certifications**: Post-Graduation MBA CPA Qualified CA with 5-6 years of experience Semi Qualified CA with 7-8 years of experience **Skills**: Strong Analytical skills Very Strong communicator (oral / written) Drives Client Values & Results Proactive updation and Stake Holder Management Work as a partner Hands-on experience in MS office **Other**: Ability to meet deadlines Ability to work independently Ability to supervise and Guide junior members Ability to use own initiative to resolve issues Ability to communicate effectively across all levels Act as a troubleshooter -------------------------------------------- - **Job Family Group**: Finance -------------------------------------------- - **Job Family**: Financial Reporting ------------------------------------------------- - **Time Type**: ------------------------------------------------- - 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. View the " EEO is the Law " poster. View the EEO is the Law Supplement. View the EEO Policy Statement. View the Pay Transparency Posting
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Officer, Balance Sheet Reconciliation
2 weeks ago
Mumbai, Maharashtra, India Citi Full timeWhether 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...
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Officer- C11 Balance Sheet Substantiation
2 days ago
Mumbai, India Citi Full timeAbout (Balance Sheet Substantiation) One of the key controls for ensuring the accuracy of Citi's P&L is through ensuring the accuracy of its Balance Sheet. The basis for ensuring this accuracy is through the process of substantiating the balances in the general ledger back to supporting documentation on monthly basis. Lacking good controls over the Balance...
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Balance Sheet Substantiation
2 weeks ago
Mumbai, Maharashtra, India Citi Full timeThe position within Balance Sheet Reconciliation is responsible for reconciliation of Balance Sheet Accounts for specific business Segment. Role supports the respective reconciliation segment leads in driving full compliance of the Balance Sheet Reconciliation and Substantiation Policy. **Responsibilities**: **CORE FUNCTION** - Ensure Balance Sheet accounts...
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Balance Sheet Substantiation
2 weeks ago
Mumbai, Maharashtra, India Citi Full timePreparation of Balance Sheet reconciliations for numerous legal vehicles across EMEA to a high standard in line with Corporate guidelines - Responsible for the follow up and resolution of reconciling items - Responsible for the accurate reporting of the status of the reconciliations owned into Citi reporting tool ‘eRecon’ - Able to articulate own process...
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Officer - C10
2 weeks ago
Mumbai, Maharashtra, India Citi Full timeThe position within Balance Sheet Reconciliation is responsible for reconciliation of Balance Sheet Accounts for specific business Segment. Role supports the respective reconciliation segment leads in driving full compliance of the Balance Sheet Reconciliation and Substantiation Policy. **Responsibilities**: **CORE FUNCTION** - Ensure Balance Sheet accounts...
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Balance Sheet Substantiation
2 weeks ago
Mumbai, India Citi Full timeThe Finance Reporting Intermediate Analyst is an intermediate level position responsible for the generation, tracking and submission of financial reports in coordination with the Finance Team. The overall objective of this role is to accurately prepare and report business/financial transactions, reports and statements in accordance with local regulatory...
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Balance Sheet Substantiation
2 days ago
Mumbai, India Citi Full timeThe Finance Reporting Intermediate Analyst is an intermediate level position responsible for the generation, tracking and submission of financial reports in coordination with the Finance Team. The overall objective of this role is to accurately prepare and report business/financial transactions, reports and statements in accordance with local regulatory...
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VP - Balance Sheet Management
2 weeks ago
Mumbai, Maharashtra, India Citi Full time ₹ 8,00,000 - ₹ 24,00,000 per yearThe Balance Sheet Management Lead Analyst will drive sophisticated balance sheet architecture and QRM (Quantitative Risk Management) implementation initiatives for a global banking institution. The successful candidate will combine advanced modelling and optimisation skills with strategic insight, helping shape the firm's balance sheet infrastructure and...
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Chief Risk Officer
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mumbai, India beBeeRisk Full timeJob Title: Product Specialist- Asset Liability ManagementWe are seeking a skilled Product Specialist to join our team, focusing on Asset Liability Management. In this role, you will be responsible for leading and managing medium to large-scale system implementations across various areas related to ALM, liquidity risk, interest rate risk, balance sheet...
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Balance Sheet Manager
3 weeks ago
Mumbai, India Hallmark Search Partners Full timeTechno Functional- Balance Sheet ManagerSkill Set Required- Minimum Bachelor's degree, preferably in relevant subject (i.e. Mathematics, Economics, Statistics, Finance etc.)- Any Globally recognized Financial certification would be an added advantage (e.g. CFA / FRM)- 15+ years of experience as a Functional Technical Data Analyst in banking or financial...
