Financial Administration Audit Support Vice President

Citi • Boston, MA

1d • Onsite

About The Position

The Financial Administration Audit Support Vice-President oversees the assembly of periodic Audit Reconciliations of Custody and Accounting data to aid in the production of investment company (“fund”) financial and related shareholder and client reports, including semi-annual and annual financial statements and quarterly reports. The VP is responsible for managing a team of financial administration professionals, working with internal and external clients to design and maintain efficient, effective reporting processes. A comprehensive understanding of the interrelationship of financial statement schedules is essential. The VP must maintain a thorough understanding of GAAP and SEC rules and regulations relating to Registered Investment Companies. In addition to managing a team of financial administration professionals, the VP proactively manages client relationships.

Requirements

• Bachelor’s Degree in Accounting, Finance, or business-related area
• 7-10 years mutual fund (or equivalent) financial reporting experience and fund administration experience
• Prior people management experience required
• Comprehensive understanding of investment company financial reporting requirements & disclosures
• Advanced experience working with Microsoft Office applications required, especially Excel
• Strong leadership and people management skills
• Attention to detail, a sense of urgency for deadlines, and solid organizational skills
• Strong written and verbal communication skills and interpersonal skills to foster client and internal relationships
• Proactively balance team resources and workflow requirements
• Willingness to work outside of normal work hours when necessarily, especially during peak financial reporting cycles
• Ability to review and understand contracts and agreements

Nice To Haves

• MBA and/or CPA a plus
• Experience with FIS AAIA fund accounting platform is a plus
• Experience with Dataiku is a plus

Responsibilities

• Primary point of contact with auditors (as applicable) and the clients for annual, semi-annual, and quarterly reports
• Periodic oversight of cash reconciliations, security reconciliations and manual entries recorded in the accounting system to ensure appropriateness and that reconciling items are resolved timely
• Perform monthly general ledger review
• Ensure teams provide gold standard quality service to clients and respond proactively to internal and external client inquiries
• Perform all aspects of people management, including annual performance management cycle, hiring, feedback, training
• Demonstrate an advanced understanding of investment types, mutual funds, and financial markets and serve as a resource for their team and department
• Understand the applicable sections of U.S. GAAP related to financial statement presentation and disclosure
• Understand the applicable sections of Sub Chapter M of the IRC and tax-related financial statement disclosures
• Understand the applicable sections of mutual fund Registration Statements (SEC Form N-1A) relating to financial statement presentation and management’s discussion of fund performance
• Encourage continuous improvement to reduce risk and improve efficiency
• Manage projects, lead department initiatives, and participate in committees
• Conduct monthly coaching/feedback sessions with direct reports and regular team meetings
• Handle escalated issues timely and appropriately
• Oversee projects effectively
• Ability to promote a positive working environment and influence others to embody the Citi Culture

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: Manager
• Number of Employees: 5,001-10,000 employees