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.

An Oracle AFCS Functional Consultant is required at Vice President level to be part of the Strategic Ledger program. The consultant will play a key role in the implementation of the Oracle Accounting Foundation Cloud Service application for Citi ensuring an alignment of product functionality with business needs. The consultant will have a good understanding of Oracle Financial modules gained from previous implementations of OFSAA, Oracle ERP Cloud (General Leger and/or Accounting Hub) or SAP Bank Analyzer solutions.

Key Responsibilities:

• Provide expertise on Oracle’s Accounting Foundation Cloud Service product capabilities and implementation.
• Support functional lead in requirements gathering, fit gap analysis and solution design activities.
• Prepare high quality business requirements and provide input and guidance on functional design documents.
• Engage with technology teams to provide SME support on development of Citi solutions not met by Oracle out of the box capability.
• Provide input to test preparation activities, training material development and process documentation as required.
• Work closely with Finance and program cross functional teams to support testing and business readiness activities.

Qualifications & skills:

• 6+ years of relevant work experience with global corporations and financial services experience gained in Banking or in a consulting role.
• Track record of substantial transformations with on-premise Oracle EBS or SAP R/3, Oracle ERP including Accounting Hub or SAP S/4 HANA.
• Understanding of accounting concepts both US GAAP and IFRS, general ledger processes, Chart of Accounts design, and close, consolidation processes.
• Understanding of the regulatory and control requirements around Citi’s ledgers including ICOFR and SOX.
• Highly motivated, strong attention to detail, team oriented and organized.
• Pro-active problem-solver who works well in high-pressure, fast-paced environments.
• Strong written/verbal communications skills; must be concise, articulate, and persuasive with the ability to articulate complex problems and solutions and the judgement and authority to provide insightful commentary to senior stakeholders.
• Comfortable navigating complex, highly matrixed organizations.
• Strong interpersonal skills for interfacing with all levels within the organization including a proactive and fully transparent approach to communicating issues/requests.
• Growth mindset, seeking and implementing feedback and maintaining flexibility to pivot and course correct as needed.

Education:

• Bachelors’ degree in Finance, Accounting, Business, Management or related field is required; CPA or equivalent will be a differentiator
• Recent experience and knowledge of Oracle Finance cloud modules. Relevant Oracle or SAP expert certification will be an advantage.
• Experience of operating in a disciplined program management environment

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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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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$142,320.00 - $213,480.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Nov 29, 2024

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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.

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