Financial Reporting Expert

Posted:
11/14/2024, 4:00:00 PM

Location(s):
Budapest, Budapest, Hungary ⋅ Budapest, Hungary

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Are you looking for a career move that will place you in a global financial organization? Then bring your skills in financial analysis, regulatory reporting and communication to Citi’s Finance Team.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Regulatory Reporting team within Finance is responsible for preparation of daily, weekly, monthly and quarterly returns to Central Banks and other policymakers. The reporting requirements are spread across Financial, Statistical, and Prudential regimes.

Financial and Statistical reporting team is responsible for categorizing end of period positions in the form of locally required balance sheet & P&L statements, while Prudential reporting team is responsible for capital adequacy calculation as per actual Basel rules, which includes accurate monitoring and reporting of capital ratios to several stakeholders including senior management, business leads and regulators.

Our focus in on a large EMEA investment bank with a wide range of financial products. The tasks also include closely collaborating with Traders, Middle Office and Policy team from time to time.

What you’ll do

  • Support the preparation, analysis, and submission of reports to various constituencies (National / central regulators like BaFin, ECB, SEC, etc.) based on requirements such as IFRS, German GAAP, Basel.

  • Perform analysis of financial results and conclude cause of variances such as accounting issues and economic events.

  • Participation in efficiency and innovation projects on ad hoc basis by reviewing and developing current processes using advanced digitalization tools.

  • Ongoing review and development of current processes to increase efficiency.

  • Liaise with multiple departments of the covered countries (including Financial Control, Treasury, Risk and Technology departments) to resolve issues.

  • Provide support to country Finance teams on an ad-hoc basis (e.g. audits, regulatory inquiries).

  • Exploit a collaborative and motivating attitude to join forces with colleagues for excellent results.

What we’ll need from you

  • University/College degree in finance/accounting.

  • 5+ years of work experience in financial, regulatory or risk reporting / auditing roles.

  • Good understanding of Accounting & Finance principles and Financial Markets and products/Regulatory Reporting requirements.

  • Knowledge of VBA, Python, Knime, SQL.

  • Knowledge about German GAAP / IFRS / Basel 3 is highly advantageous.

  • Proficient communicational skills.

  • Languages: English (mandatory), German (advantageous).

What we can offer you

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

  • Cafeteria Program

  • Home Office Allowance (for colleagues working in hybrid work models)

  • Paid Parental Leave Program (maternity and paternity leave)

  • Private Medical Care Program and onsite medical rooms at our offices

  • Pension Plan Contribution to voluntary pension fund

  • Group Life Insurance

  • Employee Assistance Program

  • Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed

  • Flexible work arrangements to support you in managing work - life balance

  • Career progression opportunities across geographies and business lines

  • Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

#LI-MF1

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

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