VP, Finance Accounting Lead Analyst - Benefits Finance (Hybrid)

Citi • New Castle, DE

1d • $92,000 - $138,000 • Hybrid

About The Position

The Benefits Finance VP is a senior-level position responsible for ensuring the completeness, accuracy, and integrity of the bank's books and records in coordination with internal and external stakeholders. The role drives data-integrity controls for monthly close and general ledger reconciliation, prepares and reviews the annual budget and monthly and quarterly forecasts for benefits and fringes, and supports the annual health and welfare plans financial statements audit. The position is based in Getzville, New York, with a stated salary range of $92,000 to $138,000.

Requirements

• 7 or more years of relevant experience.
• High proficiency in Microsoft Office, including Excel, Word, and PowerPoint.
• Strong analytical and problem-solving skills and attention to detail.
• Clear and concise written and verbal communication.
• Bachelor’s or university degree, or equivalent experience.

Nice To Haves

• Compensation experience.
• Master’s degree.

Responsibilities

• Manage the U.S. domicile benefits and fringe monthly close, including medical and dental insurance, pension and post-retirement plan expenses, employer 401(k) contributions, payroll taxes, STD, LTD, life insurance, mobility charges, and benefits program fees.
• Perform monthly reconciliation and substantiation of benefits and fringe journal entries.
• Analyze bank versus non-bank charges, rebates, reserves, and benefits and fringe trends.
• Prepare monthly calculations of intercompany collections of benefits and fringe charges and allocate charges to business units.
• Prepare and review the benefits and fringe annual budget and monthly and quarterly forecasts.
• Review supporting documentation from business partners and external actuary forecast reports.
• Support the annual health and welfare plans financial statements audit.
• Approve payments for retirement plans.
• Establish consistent processes, a strong control environment, and review procedures.
• Build strong partnerships with internal and external stakeholders, including HR Benefits, Payroll, Legal, FP&A, auditors, and actuary firms.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including vacation, sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior