End to End Controls Design Lead

Company: Citi
Location: Coppell
Posted on: January 27, 2023

Job Description:

The Financial Books & Records (FB&R) 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 FB&R processes and establishing the next iteration of ledger strategy to adopt and implement global standard SaaS/Cloud based accounting and ledger platforms (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 FB&R Controls Senior Vice President will be part of the overall FB&R Initiative.Key Responsibilities:

• Owning the definition and execution of FB&R Controls strategy and related workstreams including operating model, process, and controls
• Work with existing Books & Records platforms to identify key use cases and user stories for integration into defining Control environment for the Strategic FB&R platform and advise on the roadmap to decommission legacy capabilities and platforms.
• Clearly define the strategy and requirements to enabled an end-to-end control environment with automated and preventive controls for business process, data processing, and reconciliations
• Partner with Finance Data Initiative to coordinate alignment of FB&R Ledger and Data transformation priorities
• Partner with General Ledger workstream to coordinate alignment of Ledger and Chart of Account design, and enablement of reconciliations
• Working with Product Control, Financial Control and operational stakeholders to identify further transformation opportunities related to legal entity and group close
• Participate in strategic ledger governance and lead workstream deliverables
• Manage workstream intra- and inter-dependencies across stakeholder groups including System Integrators
• Manage workstream level metrics and business cases including risk reduction and efficiency measures.
• Lead workstream communications, prepare and present FB&R updates to senior management forums.
• Participate in testing, deployment of Controls and provide inputs to defining the future state service delivery and sustainment modelThis is a high-profile role within Citi's Finance transformation, with a global scope, ideal candidates would have an in-depth knowledge of sub-ledger and accounting process. Experience should be gained through extensive experience in a senior Controller, Finance Transformation or technology role at Citi or a similar institution. The role holder will be expected to provide both strategic and operational thought leadership over the FB&R transformation with the ability to lead and influence a wide number of stakeholders, virtual and matrix teams at SVP (Senior Vice President) level.Qualifications & skills:
  • 15+ years of relevant work experience with global corporations and financial services experience gained in Banking or in an associated consulting role
  • Proven track record of significant organizational transformations and SaaS enabled ERP transformations (Oracle, SAP, Workday)
  • Significant experience with defining business process controls, data controls, internal audit controls and reconciliation controls
  • Prior experience with enabling complex global group consolidations, eliminations, intercompany processing, balance sheet substantiations, and reconciliations
  • Understanding of the regulatory and control requirements around Citi's ledgers including ICOFR and SOX
  • Understanding of accounting concepts both US GAAP and IFRS, general ledger processes, Chart of Accounts design, and close, consolidation processes
  • Highly motivated, strong attention to detail, team oriented, organized
  • Pro-active problem-solver who works well in high-pressure fast-paced environments
  • High proficiency with Microsoft Office Suite, particularly Excel for reporting and PowerPoint for presentation development
  • 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.
  • Comfortable navigating complex, highly matrixed organizations
  • Strong interpersonal skills for interfacing with all levels within the organization including senior management, including a proactive and 'no surprises' approach in communicating issues/requests
  • Growth mindset, seeking and implementing feedback and maintaining flexibility to pivot and course correct as needed
  • Excellent oral and written communications skills; must be articulate and persuasive Ability to drive change to business practices by working effectively across a global organization and to understand different perspectivesEducation:
    • Bachelors' degree in Finance, Accounting, Business, Management or related field is required; CPA or equivalent will be a differentiator
    • 15+ years of experience in Accounting, Finance, Business or related field in the Financial Services industry is required
    • Leadership Experience as a Process or Product Owner within a Chief Accounting Officer, Controllership and Finance Shared Services Organization is preferred.
    • Project Management certifications e.g., PMP (Project Management Professional), Agile Certifications or equivalent is a strong plus.-------------------------------------------------Job Family Group: Finance-------------------------------------------------Job Family:Fin Solutions Dsgn & Implement------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Tampa Florida United States------------------------------------------------------Primary Location Salary Range:$131,450.00 - $197,170.00------------------------------------------------------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 review Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting-----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Dallas , End to End Controls Design Lead, Accounting, Auditing , Coppell, Texas