Fin Solutions Sr. Analyst - C12 - MUMBAI
Publication date:
24 November 2024Workload:
15 – 100%Contract type:
Permanent position- Place of work:Mumbai
Finance Reporting PM/BA
Role Introduction / Overview
The Strategic Ledger Program has been established under the wider Citi Finance Transformation. The program strategy is to adopt and implement global standard Oracle SaaS/Cloud based accounting and ledger platform (the “strategic ledger”). The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.
The Finance Reporting PM/BA will be responsible for performing analysis across Discovery workstreams with a focus on Group, International and local regulatory reporting. This will include identifying, challenging, and analysing current business processes and data sets used for reporting. The role will also help workstream leads manage the plan, dependencies, and deliverables. Experience working across complex projects with multiple stakeholders and comfort working flexibly in multi-disciplinary teams will be needed.
This is C12 level position in Citi.
Business / Team Overview
The Discovery team within the Strategic Ledger Program plays a pivotal part in ensuring all scoping hypothesis to achieve a target state are thoroughly explored. There are 9 workstreams performing discovery work across 3 pillars, accounting, data and technology. At the end of discovery these workstreams would have produced a number of artifacts that will enable senior leaders to decide on scope and timeline for execution.
The scope of the program includes:
- Centralize and standardize accounting into global accounting hubs and sub-ledgers
- Implement a standard sub ledger and general ledger for the firm
- Replace Citi’s current Operating and Reporting ledgers, including those embedded in bank-in-a-box platforms such as Flexcube
- Automate and streamline accounting and ledger processes and controls
- Address source data quality issues impacting ledgers in partnership with enterprise-wide data priorities
- Align contractual and instrument level balances and positions with financial balances
Key responsibilities in the role:
- Leading analysis on reporting data sources and data attributes
- Analysis of current state processes and methods used for local reporting, and impact assessment of transitioning to the strategic ledger
- Preparation for and participation in workshops with Business and Technology stakeholders
- Engagement and co-ordination across key stakeholders (e.g., Finance Controllers)
- Drafting requirements, and conducting reviews with multiple stakeholders (e.g., Business and Finance Teams, Controllers, Technology)
- Supporting project management activities such as planning, risk and issues, dependency management
- Preparing materials for key stakeholders and senior leaders to ensure they are kept informed and have the right information to hand to make key decisions as required
- Building relationships with workstream leads, PMO team, and business stakeholders
What knowledge, skills and experience we’ll need from you:
Ideal candidates would have experience in a Controller, Reporting, Regulatory, Finance Transformation or technology role at Citi or a similar institution.
The ideal candidate would also be highly motivated, team oriented, and a proactive problem solver. They will possess strong communication and interpersonal skills with the ability to understand and communicate complex information in a clear, concise manner to various levels of stakeholders including both end users and senior/executive leadership. They must feel comfortable navigating complex and ever-changing environments and be flexible with using both their Business Analyst and Project Management skillset.
Qualifications & Skills:
- 6+ years of relevant work experience with global corporations and financial services experience gained in Banking or in an associated consulting role
- Knowledge and experience of financial and management reporting
- Understanding of US GAAP, IFRS and Local GAAP Accounting rules
- A self-starter, able to operate independently
- 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.
- Experience of working in multi-disciplinary teams, collaborating to deliver change in fast-paced project environments
- Ability to develop and manage stakeholder relationships at all levels in an organisation
- Problem solving and creative thinking, with a strong attention to detail
- Growth mindset, seeking and implementing feedback and maintaining flexibility to pivot and course correct as needed
- Knowledge of Oracle, SAP or similar ledger platforms e.g. Full Suite, Peoplesoft desired
Education:
Bachelor’s degree in finance, Accounting, Business, Management, Engineering, or related field
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Fin Solutions Dsgn & Implement------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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