Lead Financial Officer, COO and Transformation

Executive • New York, NY

131d • $250,000 - $500,000

About The Position

Lead Financial Officers (LFO) are accountable for leading the development and execution of financial objectives related to revenues, expenses, capital, and risk. They are a key member of their respective business / function management team and support the development and implementation of strategic business initiatives to deliver financial and operational performance. They are also the stewards within Finance who partner across other functions and Finance disciplines to help achieve the firm's overall finance objectives. Lead Financial Officers (LFO) are Finance partners and strategic advisors to the functions and businesses they support. This COO and Transformation LFO role will be responsible for establishing and delivering the Central Operations and firm-wide Transformation financial objectives related to expenses and return on investment, leading short and long term budgeting, forecasting and planning processes for their Central Operations and Transformation through partnership with functional partners such as FP&A and in-depth understanding of how the functions contribute to the objectives of the franchise.

Requirements

• 15+ years' experience as a senior finance officer in a global organization.
• Knowledge and experience serving as a key strategic / financial advisor and partner to senior management.
• Extensive financial management experience, including financial planning, budgeting, reporting, analytics and analysis.
• Excellent communication skills and proven ability to influence a wide range of stakeholders.

Responsibilities

• Serving as a key member of the COO management team to develop and implement strategic business initiatives to deliver financial performance.
• Partnering with senior management to deliver on financial objectives, including expense goals, by providing insightful analysis and strategic advice on financial business decisions and plans.
• Serving as primary point of contact for business management team for all Finance disciplines including Controllers, Treasury, and Tax.
• Developing and maintaining in-depth knowledge of central operations and the Transformation programs, its core mandate and strategic objectives.
• Leveraging financial acumen to influence COO priorities and develop comprehensive financial plans.
• Driving performance based outcomes.
• Developing and setting the team's strategic direction.
• Responsible for managing the various financial aspects of the COO activities.
• Maintaining strong partnerships with Operations heads and Transformation Program Leads to drive and influence strategic financial business decisions and plans.
• Partnering effectively across internal and external stakeholders including EMT members, regulators, Investor Relations, Treasury, Risk, Legal and other functions while leading delivery of capital, risk and profitability targets.
• Driving financial discipline, efficiencies and a culture of accountability of delivering financial results.
• Developing multi-year financial plans in partnership with Operations heads and Transformation Program Leads that are integrated with Citigroup's overall strategic planning process.
• Providing regular financial performance updates to Operations heads and Transformation Program Leads, including escalation of any variances to financial plans with proposed actions to address.
• Evaluating business cases and analyses to support business investment decisions such as new product development, client segments, new market entries, external partnerships and technology builds.
• Frequently developing and implementing solutions for complex and multi layered financial challenges to drive appropriate outcomes across the COO and Transformation.
• Working with Operations heads and Transformation Program Leads to identify and execute on long and short term expense management and optimization initiatives.
• Providing financial reports and analytics to senior management, including key financial metrics, results, trends and analysis.
• Partnering with COO teams and other functional partners to prepare and review Quarterly Business Review materials.
• 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: Transit and Ground Passenger Transportation
• Education Level: Bachelor's degree