Address
Form of workResponsibilities:
- Ability to quickly analyze complex transactions to understand business economics/accounting risks, and apply applicable GAAP and SEC guidance and concisely communicate actions needed to problem solve the issue to group managers and Senior Leadership
- Ability to simplify complex situations and navigate new areas in the market while having the ability to be highly agile and adaptable to change
- Participate in Accounting Policy enforcement and ensures that Citis business activities are in conformity with generally accepted accounting principles (GAAP).
- Contribute to the Mergers and Acquisition, and Operations and Technology processes at Citi.
- Assist in facilitating the proper implementation of new accounting standards, disseminates information on current accounting topics and recent developments that affect Citi and act as a source to obtain recent presentations and corresponds with external standard setters and regulators.
- Lead implementation efforts for new accounting standards, primarily US GAAP, but including IFRS
- Advise business heads and managers regarding the accounting implications of new products and changes to existing products.
- Prepare and deliver presentations to facilitate firm-wide education of new or changing accounting requirements to ensure that management understands the impact of new standards and regulations
- Research technical accounting issues, and consult with Citi Regional and Business line Accounting Policy groups on complex transactions.
- Prepare detailed documentation to support accounting conclusions of new/modified products and complex transactions.
- Prepare and present to Senior Management impacts of accounting standards, complex transactions.
- Provide accounting training (on existing and new pronouncements) to Local Finance and Business teams.
- Strategic professional who advises on directional strategy by analyzing subject matter and its application in own job and the business.
- Use communication and diplomacy to guide and influence others, in particular colleagues in other areas and occasional external customers.
- Technical expert who acts as an advisor on significant business/product decisions
- Assist with Balance Sheet Review process, and Internal and External auditors processes where applicable
- Participate in the development of Citi's Global accounting policies and positions.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firms reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications:
- 8+ years experience working for Big 4, FASB and/or U.S. banking regulator is highly desirable
- Practical knowledge of US GAAP, specifically in regards to financial instrument accounting; Knowledge of Regulatory Reporting / Basel issues
- The individual must possess excellent interpersonal and client service skills as well as have the ability to work very closely with many different levels of management on the business side.
- Excellent research, analytical, organization and drafting skills.
- Fast thinker/quick learner and possess the ability to work effectively in a rapidly changing environment in order to meet deadlines.
- The successful candidate will have the ability to multi-task while working on long-term projects.
- CPA or equivalent certification required.
Education:
- Bachelors degree in Finance, Accounting or other business related field, Master's degree preferred
