Description
This role is responsible for execution critical initiatives within the Balance Sheet Substantiation (BSS) team. The role will support and lead GENESIS Adjustment process (Monthly and Daily) within the team as it relates to financial reporting, leading/introduction of new financial tools and initiatives, and other small scale projects.
The position will include both project and finance function management, The position has full responsibility and accountability for understanding process flows, risk analysis/mitigation, and ensuring controls are in compliance with all internal guidelines/requirements.
Responsibilities:
Independently perform reconciliation, research and analysis for various Citigroup Products, also accountable to produce accurate submissions to Citi financials (US GAAP), USRRI, and Risk Weighted Assets (RWA) review for OCC Commitment products.
Support submission and closing the books and sub-ledgers, including passing appropriate required adjustment entries and consolidating financials at the end of each accounting period.
Ensure all adjustments are accurately calculated, documented with valid supports and posted within established timelines as per BSS Global Directives for Genesis.
Dealing with Multiple Senior stakeholders from Country Finance, GPO, Product Control, Treasury & Operations, FRSS etc. to provide robust operational environment with effective business communication. Provide necessary support to team manager for concurrent & regulatory audit queries.
Escalate issues related to transactions, processes, reports, or procedures as well as monitor progress/changes and keep senior leadership informed of unusual financial activities.
Independently assess & report any potential risk to Citi Balance sheet and P&L, perform balance sheet reconciliation & substantiation of accounts as per BSS GLOBAL directives with remit to ensure integrity of Citi Financial statements.
Conducting proactive review discussion with Global Balance Sheet Control Group in Account Review Forum (ARF) supports in reduction of balances, which are potential risks to Citigroup Financials.
Work with a team to identify and implement process improvement initiatives or standardizations.
Job Family Group:
Finance
Job Family:
Financial Reporting
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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .
View the “EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) ” poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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