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------------------------------------------------------
Job Family:
Financial Reporting------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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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