Director - Accounting, Ledger & Close Policy Transformation Initiative Manager (Hybrid)

4 weeks ago


Tampa, Florida, United States Hispanic Technology Executive Council Full time
Job Summary

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.
Requirements
  • 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.
Qualifications
  • 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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