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FB&R Ledger Analyst (Ledger Standards Operationalization) - VP

5.00 to 7.00 Years   Mumbai City   24 Apr, 2023
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    The Financial Books & Records (FB&R) Transformation Initiative has been established under the wider Citi Finance Transformation and comprises three pillars - Accounting, Ledgers and Close, and associated global platforms, processes, and governance. The program includes standardizing and reducing risk across current FB&R processes and establishing the next iteration of ledger strategy to adopt and implement global standard SaaS/ Cloud based accounting and ledger platforms. The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.The FB&R Transformation Solutions Lead Analyst willsupport the delivery of Citi s Finance Transformation priorities (including the Strategic Accounting & Ledger Program). This is a dynamic role within Citi s Finance transformation that will provide significant experiences, and will require an ability to partner extensively with stakeholders across many lines of businesses and functions. Ideal candidates are proactive problem solvers with in-depth knowledge of accounting and FB&R processes, possess an ability to work under pressure to meet tight deadlines and have excellent communication /interpersonal skills. The position provides both program delivery and thought leadership in improving effectiveness by supporting end-to-end solutions that drive efficiency and repeatability.Responsibilities:
    • Standardize the chart of accounts across Citi s operating and reporting ledger
    • Ensure the usage of consistent standards and hierarchies across Finance for ledger, infrastructure and reporting
    • Content Standardization through rationalization of account attributes
    • Support the Global Governance through alignment of maintenance teams
    • Implement a Single Global Repository within DSMT for all Flexcube Ledger Standards
    • Drive process consistency and efficiency across Finance platforms
    • Partner closely with Corporate Reporting, Controllers, Technology, Accounting Policy, Treasury, Tax, Operations, and FRSS
    • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firms 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.
    • Partner with other Product Owners (Accounting, Ledger, Close, Operating Model, Process, or Controls) to coordinate priorities and ensure consistency of deliverables and artifacts across all workstreams
    • Support business cases through data analysis, efficiency measures
    • Participate in analyzing, understanding patterns, and provide results to define the future state service delivery and sustainment model
    Development Value:
    • Opportunity to transform Citi Finance, improve our processes, strengthen controls, and drive business results
    • Build a network across senior Citi Finance, FRSS and ICG partners.
    • Exposure to the Finance, FRSS and Technology organizations
    Qualifications:
    • 5-7+ years of relevant experience within Finance, Accounting or related field in the financial services industry
    • Bachelors degree in Finance, Accounting, Business or related field
    • Strong background in one or more areas of finance preferred
    • Strong understanding of Citi Finance infrastructure, data standards and financial products
    • Experience with Agile project management, Scrum methodology preferred
    • Self-motivated with the ability to make decisions in absence of detailed instructions
    • Process reengineering and change management preferred
    • Advanced proficiency in Microsoft Office products
    • Ability to manage multiple priorities and tasks and work with geographically diverse resources
    • Ability to see the big picture without losing attention to detail
    • Strong communication skills (written, verbal, active listening); ability to synthesize key messages and influence others
    • Strong analytical skills, acting as an expert or advisor on accounting and recording matters
    C13-------------------------------------------------Job Family Group: Finance-------------------------------------------------Job Family:Fin Solutions Dsgn & Implement------------------------------------------------------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 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,

Keyskills :
analytical skillschart of accountsdata analysisdata standardsagile project management

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