Posted:
8/6/2024, 5:00:00 PM
Location(s):
Mumbai, Maharashtra, India ⋅ Maharashtra, India
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
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
Citi 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’re currently looking for a high caliber professional to join our team as Senior Vice President, Financial Solutions C14 - Hybrid (Internal Job Title: Senior Vice President Financial Solutions C14) based in India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
• 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.
In this role, you’re expected to:
• Identify the high-level processes needing existing desktop procedures to be updated.
• Establish a baseline inventory of desktop procedures to be worked on previously to start the testing phases and before go-live.
• Prepare a detailed desktop procedures plan, aligned with the overall project plan.
• Review/Determine the scope of the desktop procedures.
• Gather information about the high-level process and controls to be documented within the desktop procedures.
• Perform a fit/gap and process impact analysis between the existing procedures and the future procedures.
• Develop a draft of the desktop procedures in coordination with the creation team.
• Support testing of the desktop procedure in real-life scenarios through the multiple testing cycles for the specific release (SIT, UAT).
• Support implementation of the desktop procedure.
• Review and update the desktop procedure during the post-implementation phase, only if needed.
• Manage the identification of risks/issues which impact desktop procedures delivery and ensure mitigation strategies are developed and executed when necessary.
As a successful candidate, you’d ideally have the following skills and exposure:
• 15+ years of relevant experience, in financial services with a focus on accounting, transformation and program delivery.
• Previous experience in the managing implementation teams and excellent understanding of US GAAP, IFRS and Local GAAP Accounting rules.
• Proven skills in intercultural leadership, strategic planning, project management and organizational structure.
• Technical, analytical, writing, and communication skills to create effective desktop procedures.
• High aptitude for documenting activities and distilling them down into simple and effective desktop procedures with written directions, demonstration videos and/or pictures, as needed.
• Deep understanding of Finance/ Controllers’ policies, standards, and existing procedures.
• Deep understanding of Finance system architecture and management processes
• In depth knowledge of banking products / systems preferred.
• Knowledge of Oracle General Ledger is required.
• Master’s degree in finance, Accounting, Business Management, Industrial Engineering, Process Engineering, or another 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
https://jobs.citi.com/dei
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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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.
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Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management