Financial Reporting Expert

Posted:
9/20/2024, 2:23:22 AM

Location(s):
Budapest, Hungary

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Join our expanding Citi Finance Team in Budapest and make your own progress in a supportive and friendly environment!

We are a people-oriented organization that appreciates and promotes personal and professional aspirations. Our corporate culture is empathic: we acknowledge life-work balance throughout your career path.

Financial Reporting Expert

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.

In this position you will use and expand your experience and professional skills for the following responsibilities:

  • 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)

  • Use your experience and knowledge to drive and contribute to outstanding team performance

  • Act as SME to senior stakeholders and /or other team members.

The ideal candidate for this position preferably possesses the following qualifications and skills:

  • 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

  • Experience and understanding of FINREP, COREP.

  • Knowledge of VBA, Python, Knime, SQL

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

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

We are a development-focused organization. The above qualifications and skills are considered as primary assets for the position – but we do not pursue perfectionism: we look for capable colleagues and help them grow to excellence in their fields and positions.

Benefits:

  • Competitive compensation package with a wide range of benefits:

    • Cafeteria Program

    • Home Office Allowance - for colleagues working in hybrid work model

    • Paid Parental Leave Program - maternity leave 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 colleagues’ in managing work - life balance

  • Continuous career progression opportunities across geographies and business lines

  • Inclusive and friendly corporate culture

  • Socially active employee communities with diverse networking opportunities

Apply to join the world’s most global bank and discover the true extent of your capabilities!

#emeafinrep #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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