Director - Accounting, Ledger & Close Policy Transformation Initiative Manager (Hybrid)
4 weeks ago
The Accounting, Ledger & Close Transformation Initiative has been established under the wider Citi Finance Transformation, comprising three pillars: Accounting, Ledgers and Close, and associated global platforms, processes, and governance. The program aims to standardize and reduce risk across current AL&C processes and establish the next iteration of ledger strategy to adopt and implement global standard SaaS accounting and ledger platforms. The outcome will be a robust global policy, process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.
Key Responsibilities- Own and manage the overall AL&C Policy Transformation workstream on behalf of the AL&C Transformation Lead.
- Own and update the AL&C Policy, standards, and procedures through transformation through Citi's Policy Governance framework.
- Define and implement critical controls (GPMP/MCA) to mitigate key inherent risks covered by the policy.
- Partner with Finance, COO, Lines of Business, Operations, and Technology to drive adoption of Policy provisions and related controls.
- Participate in Controller Transformation governance and ensure alignment of CO to wider strategic objectives.
- Oversee delivery and validation of Consent Order Action Plan milestones and deliverables in partnership with Accounting, Ledger, and Close Program directors.
- Partner with Finance Data Initiative to ensure alignment of AL&C and Data transformation priorities.
- Coordinate program intra- and inter-dependencies across business stakeholder groups.
- Manage day-to-day program requirements with FTO and CAO.
- Manage program-level metrics and business cases, including risk reduction and efficiency measures.
- Lead CO program communications, prepare, and present FB&R updates to senior management forums.
- Coordinate regulatory responses and quarterly updates (both to US and non-US regulators).
- Coordinate technology requirements, budgets, and deliverables across AL&C Policy initiatives.
- Detailed knowledge of Citi's business and products.
- Detailed understanding of accounting concepts, both US GAAP/IFRS.
- Detailed understanding of Citi's Policy Governance framework.
- Strong network of senior finance, Business, Operations, and Technology stakeholders.
- Ability to influence senior Finance, Business, and Operations senior management at MD level.
- Ability to partner with other functions to drive the design and implementation of new Policy Governance, processes, and controls.
- A strong track record in driving global change from within a finance function, with significant experience with process re-engineering/process improvement, design, and implementation of finance processes.
- Ability to communicate effectively, both written and verbal, across organizational levels, functions, and regions.
- Understanding of the regulatory and control requirements around Citi's AL&C activities, including ICOFR and SOX.
- Bachelor's degree in Finance, Accounting, Business, Management, or related field.
- 10+ years of experience in Accounting, Finance, Business, or related field in the Financial Services industry is required.
- Experience in Risk and Control design and implementation.
- Experience within a senior Controller, Shared Services, or Technology role is preferred.
- Significant experience in Process re-engineering and current/target state process mapping.
- Proficiency in Microsoft Office products.
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Tampa, Florida, United States Citigroup Inc Full timeJob SummaryThe Accounting, Ledger & Close (AL&C) Policy Transformation Director will play a critical role in driving the transformation of AL&C policies and processes across Citi. This is a high-profile role within Citi's Finance transformation, with a global scope, requiring an in-depth knowledge of ledger and accounting processes, and experience in writing...
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Tampa, Florida, United States Citigroup Inc Full timeJob SummaryThe Accounting, Ledger & Close Transformation Initiative has been established under the wider Citi Finance Transformation and comprises three pillars - Accounting, Ledgers and Close, and associated global platforms, processes and governance.The program includes standardizing and reducing risk across current AL&C processes and establishing the next...
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