Vice President, Financial Solutions Lead Analyst

2 months ago


Mumbai, India Citi Full time

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

Ci ti Finance is responsible for the firm’s financial management and related controls. We manage and partner on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citi’s compliance with financial rules and regulations. The team comprises chief financial officers who partner with each of our businesses and disciplines including controllers, financial planning and analysis, strategy, investor relations, tax and treasury.

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. We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

I n this role, you’re expected to:

Citi has embarked on a multi-year Finance Transformation initiative to implement a new Global Financial Accounting and General Ledger platform that provides a daily ledger in every legal entity, linking ledger balances and contract level reconciliations to our daily settlement records and contractual commitments. The Strategic Ledger program as it is named, selected Oracle Cloud as the technology platform of choice, after a rigorous technical and functional assessment of the firm’s current ledger platforms against leading industry solutions. The new platform provides enhanced technical capability and supports our finance transformation strategy and realization of our Target Operating Model. The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.

As part of the role we require Data Conversion specialist able to carry out below mentioned roles and responsibilities:

Perform reconciliation, ensuring correct attributes are sourced from Product Processor

Provide input for mapping transformations required between legacy and strategic attributes

Provide input to conversion functional design & provide meaningful explanation of variances.

Analyze and investigate data sets between converted data and legacy data

Perform fit/gap analysis and identify solutions for gaps and opportunities for optimizations and improvements to system and process

Manages the identification of risks which impact program delivery and ensure mitigation strategies are developed and executed when necessary

Participate and support the testing phases of the project including:

oActive leadership in working group sessions, planning and various

reviews sessions to identify and facilitate remediation of detailed

action plans and commitments to Strategic Ledger project

o Participate in cross-functional working groups to drive consensus and

resolution for agreed actions and targets

oResponsible for reviewing updated project plans and key milestones

related to project completion

Qualifications & skill sets:

As a successful candidate, you’d ideally have the following skills and exposure: 

10+ years of relevant experience, in financial services with a focus on accounting, transformation and program delivery

Previous experience in the implementation and good understanding of US GAAP, IFRS and Local GAAP Accounting rules.

Understanding of accounting rules and standards for financial reporting.

Knowledge of Oracle, SAP or similar ledger platforms is a plus

Organizationally savvy; understands systems, management processes, knows where to go for information and how to interpret.
A strong track record in driving global change within a finance function

In depth knowledge of banking products / systems preferred.

Education:

Master’s degree in Finance, Accounting, Business, Management or other business related field is required; CA or CPA equivalent will be added advantage

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

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Job Family Group:

Finance

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Job Family:

Fin Solutions Dsgn & Implement

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Time Type:

Full time

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