Officer – C09 Job Vacancy in Citi Mumbai, Maharashtra – Updated today

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Full Details :
Company Name : Citi
Location : Mumbai, Maharashtra
Position :

Job Description : About (Balance Sheet Substantiation)
One of the key controls for ensuring the accuracy of Citi’s P&L is through ensuring the accuracy of its Balance Sheet. The basis for ensuring this accuracy is through the process of substantiating the balances in the general ledger back to supporting documentation on monthly basis.
Lacking good controls over the Balance Sheet Substantiation (BSS) process can result in inaccurate reporting of the company’s Revenues and Expenses and require adjustments including write-offs.
Mumbai BSS team supports various regions such as EMEA countries, India and NAM O&T, LATAM with reconciling, proofing & eRecon submission activities for balance sheet accounts. Currently, the team is handling Full Keys belonging to Finance, Tax, Operation, Treasury, Cash & Fixed Assets.
Role Outline/Job Summary
Ensure the integrity of Balance Sheet accounts through the monthly validation of balances.
Ensure that each account balance is fully substantiated, proofed, aged & submitted in e-Recon.
Identify potential internal control weaknesses.
Ensure compliance with Summaries & BS Directives as rolled out by BSS GPO
Job Description
POSITION TITLE:
Analyst
Grade/Level:
C09
BUSINESS GROUP:
Balance Sheet Substantiation
FUNCTION/GROUP:
FRSS
DEPARTMENT:
CSS
LOCATION:
Mumbai
ROLE & RESPONSIBILITIES
Business/ Department
Objectives:
Balance Sheet account Substantiation
Core Responsibilities:
Substantiation/Proofing
Day-to-Day Responsibilities:
Preparation of Balance Sheet reconciliations for numerous legal vehicles across EMEA to a high standard in line with Corporate guidelines
Responsible for the follow up and resolution of reconciling items
Responsible for the accurate reporting of the status of the reconciliations owned into Citi reporting tool ‘eRecon’
Communicating with Account Owners & Legal Entity Managers across multiple locations on the status of the reconciliations performed
Escalating any account related issues to Regional Balance Sheet Control
Financial/ Budgetary:
No
Individual Contributor (IC)/Managerial
IC
Key Deliverables:
Same as above
Percentage of Travel:
No Yes, 10% of the Time Yes, 25% of the Time
Yes, 50% of the Time Yes, 75% of the Time Yes, 100% of the Time
Relocation:
No
Other:
QUALIFICATIONS
Required
Preferred
Education:
Post Graduate/ Part qualified accountant.
Knowledge of Citi is desirable but not required.
Experience:
Minimum of 3 years’ experience in an financial control / reconciliation /accounting environment.
Certifications:
Post-Graduation
MBA
1-2 years qualified CA or experienced/ Semi Qualified CA
Skills:
Analytical skills
Strong communicator (oral / written)
Hands-on experience in MS office
Other:
Ability to meet deadlines
Ability to use own initiative to resolve issues
Ability to communicate effectively across all levels
ORGANIZATIONAL RELATIONSHIPS
Reports to
Direct:
C12, Assistant Vice President
Matrix:
NA
Supervises
Direct:
NA
Matrix:
NA
Partnerships
Internal:
NA
External:
NA
DEVELOPMENT
Career Progression:
(Please highlight how the role would add value to the incumbent and what could be his potential next assignments)
COMPENSATION
Bonus/Incentive Eligible:
ADDITIONAL NOTES, IF ANY
Requisition/ ERMS # _______________________
To know more about Citi, We encourage you to visit our career website @ www.online.citibank.co.in/careers/citi-india.htm
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Job Family Group:
Finance
–
Job Family:
Financial Reporting
–
Time Type:
Full time
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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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