Finance Accounting Lead - Markets Reporting Head and CGMHI CFO

Citigroup

86d • $250,000 - $500,000

About The Position

The Finance Accounting Lead Group Manager is a C-16 level leadership role that manages multiple teams of senior professionals through other senior managers. As announced previously we are combining groups including the Markets Segment Reporting team, the CGMI team and the CGMHI / CGMI Legal entity management team under the unified leadership of this role. The role includes (CGMHI) CFO role and the oversight over US Broker Dealer legal entity controller activity. The Markets business accounts for over 95% of the US Broker Dealer balance sheet and therefore there is strong overlap and a need for collaboration across these teams, which over time yield significant benefits over time in terms of strengthened controls, and standardization of processes. The role requires a broad and comprehensive understanding of the processes and controls across financial reporting and Regulatory reporting covering the Markets business and the US Broker dealer legal entities as well as practical experience of managing multiple business and legal entity close cycles. In-depth knowledge of the Markets business and products and strong Industry knowledge of products/services and reporting is necessary to provide assurance over the business, legal entity financial statements and regulatory reporting. The job involves both internal and external stakeholder engagement covering the Markets business and the US broker dealer legal entities. Excellent communication skills are required to influence a wide range of senior stakeholders. The successful candidate will contribute to the development of medium- to long-term financial plans for the US Broker Dealer entities and execute functional strategies for large, complex businesses requiring coordination and integration across units. This role provides essential input into strategic decisions affecting the Markets business and Controllers discipline and carries full management responsibility for multiple teams, including management of people, budget, and planning.

Requirements

• 15+ years of relevant experience, including at least 10+ years in a strategic professional capacity within a finance function.
• 10+ years of full management experience, with significant experience leading large, global teams in a fast-moving and changing environment.
• Wide and deep experience in a Finance function, preferably in a Markets environment, within the CFO / Controller function of significant, large Markets-based US Broker Dealers.
• Strong understanding of key disciplines within Finance, specifically US GAAP, US regulatory and SEC Regulatory Reporting.
• Strong understanding of the Financial Reporting process (Supplement / 10K/Q and standalone legal entities) and the ability to apply correct controls to ensure accurate reporting.
• Strong understanding of PCAOB / AICPA practice and requirements.
• Deep understanding of the Markets Business, including the drivers of revenues and expenses for the Markets Business and US Broker Dealer Businesses.
• Highly developed communication and stakeholder management skills with the ability to influence a wide range of audiences.

Nice To Haves

• CPA Accounting qualification/ master's degree.
• US Broker dealer Regulatory Qualifications would be a distinct advantage.

Responsibilities

• Lead the preparation of Earnings, Supplement, 10K/Q for Markets, and US Broker Dealers.
• Responsible for the standalone financial statements for the broker dealer Legal entities.
• Oversee and manage governance processes for CGMI and CGMHI.
• Manage the daily regulatory reporting for CGMI.
• Prepare materials for external audits, the Board, and Audit Committees.
• Oversee daily, monthly, and quarterly revenues and expense reporting for Markets.
• Manage daily balance sheet reporting and governance for Markets.
• Own the monthly and quarterly close governance process for Markets.
• Direct and control the strategy and execution of CGMHI / CGMI activities within a major Infrastructure area.
• Support the management and control of data flows to and within Finance applications to ensure the integrity and completeness of data.
• Act as a key member of the CGMHI / CGMI management team, representing the company in dealings with clients and external bodies such as senior Regulators and auditors.
• Manage 70+ staff within the relevant newly created team via team of senior managers.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets.

Benefits

• Medical, dental & vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree