Job Details
The Finance Data Distribution VP is a key contributor to strategic finance transformation initiatives, specifically within the Strategic Ledger program, which focuses on a cloud-based implementation to transform financial books and records. This role supports the development and enhancement of data distribution products, spanning from the Strategic Ledger cloud platform to various consumers across Financial and Regulatory reporting processes.
The ideal candidate will possess a strong working understanding of both processes and data that impact the distribution of data to consumers from the Strategic Ledger. They will actively support and advocate for necessary architectural changes, contributing to the successful evolution of the platform. As the initiative is a multi-year program, this role will contribute to the continuous improvement of the delivery model and approach by applying lessons learned from each prior delivery cycle.
Responsibilities:
- Drives product/integration alignment with organizational goals for regulatory reporting, liquidity management, data aggregation, consolidation, and operational reporting.
- Translate complex business requirements related to financial ledger data into a clear and actionable product roadmap.
- Acts as SME to stakeholders and /or other team members within Finance Controllers, Financial reporting systems, Tax and Treasury functions.
- Contributes to the design, roll-out and governance of financial solutions including Ledger balances and journals consumption, Legal entity reporting, Entity consolidation
- Participates in formulating and setting strategic direction for the process, organization and architecture covering Finance across Citi businesses, products, functions and locations
- Assists in setting business and information architecture standards for Finance
- Develop and manage the product lifecycle for data products originating from the financial ledger, including ledger balances and journals.
- Ensure data distribution capabilities meet stringent requirements for accuracy, completeness, and timeliness for regulatory and financial reporting.
- Drive the enhancement of data aggregation, consolidation, and operational reporting functionalities.
- Plays a part in settling and operating necessary forums and frameworks to establish and govern policies and starts for global Finance processes
- Participates in assessing and incorporating changing business, regulatory and market information needs into finance processes and applications
- Strategic professional who advises on directional strategy by analyzing subject matter and its application in own job and the business.
- Acts as a technical expert who acts as an advisor on significant business/product decisions related to Finance data
- Has the ability to operate with a limited level of direct supervision.
- Can exercise independence of judgement and autonomy.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications:
6-10+ years of relevant experience, within the financial services industry with a focus on Financial reporting, Regulatory Reporting and Controllers preferred.
Experience in transformation and process re-engineering deliveries involving legacy applications and process migration to target state applications and processes.
Demonstrable knowledge of Accounting and Ledger business functions and processes with specific focus on Financial and Regulatory reporting processes.
Strong business analysis and Project management expertise
Strong understanding of financial control, GL reconciliation, intercompany reconciliation, and consolidated financial reporting within a global financial institution.
In-depth knowledge of financial books and records, consolidated ledger reporting, management reporting, RWA, and the intricacies of reconciliation processes between diverse financial systems.
Experienced in managing Project plans, milestones and deliverables. Able to manage in uncertainty and ambiguity and understands the art and science of project management.
Self-motivated with the ability to make decisions in the absence of detailed instructions.
Exceptional written and verbal communication, negotiation, and stakeholder management skills, with proven ability to deliver compelling presentations and engage effectively with Senior leaders.
Expertise in designing and implementing robust data distribution architectures, including APIs, data pipelines, ETL/ELT, and real-time streaming solutions.
Proven ability to implement and manage data lineage, robust data quality frameworks, and exception resolution processes for Controllers and Finance. Define and enforce product governance covering SLA/ SLO definitions for Financial data.
Familiarity with data visibility and analytics tools (e.g., Tableau, Qlik sense) and their application in financial reporting.
Recognized technical authority for an area within the business.
Requires communication and diplomacy skills in order to guide and influence others.
Education:
Bachelors degree, potentially Masters degree
What we can offer you
Add a sentence or two on the career development opportunity this role provides e.g. This is a role that'll offer you the opportunity to build an in-depth knowledge of financial services operations. Every day there will be new business challenges that will help you develop new skills that can drive your career.
By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
- Cafeteria Program
- Home Office Allowance (for colleagues working in hybrid work models)
- Paid Parental Leave Program (maternity and paternity leave)
- Private Medical Care Program and onsite medical rooms at our offices
- Pension Plan Contribution to voluntary pension fund
- Group Life Insurance
- Employee Assistance Program
- Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
- Flexible work arrangements to support you in managing work - life balance
- Career progression opportunities across geographies and business lines
- Socially active employee communities with diverse networking opportunities
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Financial Solutions Design & Implementation------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location Full Time Salary Range:
Ft14,768,850.00 - Ft24,762,350.00------------------------------------------------------
Most Relevant Skills
Assessment, Change Management, Communication, Credible Challenge, Management Reporting, Problem Solving, Program Management, Risk Management, Stakeholder Management, Strategic Planning.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
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This job opening is for an existing job vacancy.
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