The Account Policy Lead Analyst is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
Responsibilities:
Participate in accounting policy enforcement and ensures that Citi's business activities are in conformity with generally accepted accounting principles (GAAP).
Assist in facilitating the proper implementation of new accounting standards, disseminates information on current accounting topics and recent developments that affect Citi and acts as a source to obtain recent presentations and corresponds with external standard setters and regulators.
Assist in implementation efforts for new accounting standards, primarily US GAAP but including IFRS;
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;
Participate in the review process of the approval of new products and structured transactions and assisting in the New Product Approval Committee process
Resolve complex problems or transactions, where expertise is required to interpret policies, guidelines or processes. Identify and resolve accounting issues related to potential mergers, acquisitions, and divestitures.
Other tasks will include interacting with accounting standard setters (for example, the Financial Accounting Standards Board and International Accounting Standards Board) and a diverse array of special projects.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's 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:
Big 4 accounting firm financial services and/or national technical office experience or accounting policy or other technical accounting role at a financial institution preferred
6-10 years experience working for FASB and/or U.S. banking regulator is highly desirable; Knowledge of accounting and financial instruments under US GAAP and knowledge of financial markets is required; 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 n order to meet deadlines; The successful candidate will have the ability to multi-task while working on long-term projects
CPA preferred
Education:
Bachelors/University degree, Master's degree preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Accounting Policy------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$142,320.00 - $213,480.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Dec 17, 2024------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
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.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity reviewAccessibility at Citi.
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