Balance Sheet Ctrl Analyst at Citi

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

05 Mar, 26

Salary

0.0

Posted On

05 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Financial Reporting, Product Control, US GAAP, IFRS, Financial Management, Team Building, Mentoring, Data Analysis, Project Management, Decision Making, Coordination, Efficiency Improvement, Control Environment, Audit Coordination, Escalation Management

Industry

Financial Services

Description

Ensure Balance Sheet accounts assigned have been reconciled in line with BSRS Policy and standard /desktop documented procedure Ensure reconciliation performed meet the following: All exceptions (including aged items, reconciliation breaks and unsubstantiated balances) breaching reportable thresholds have been completely and accurately reported in eRecon. Supporting documentation has been maintained for the work performed and exceptions noted (including action required and ownership working with the Account Owner). Where applicable, root cause/s of recurring exceptions should be determined and documented (working alongside the Account Owner and Exception Owner). Obtain from Account owner and report the P&L at risk in eRecon including any operational reserves taken Appropriate action plans in place to resolve exceptions are accurately reported in eRecon. Where applicable, escalations have been done in accordance with the Balance Sheet Escalation Protocol. Play a key role in supporting implementation of strategic ledger by participating in the UAT for the reconciliation function Support escalation of material reconciliation exceptions in coordination with Account Owners. Support reconciliation segment leads for coordination of all Internal and External Audits, Regulatory interfacing related to the CSDO Balance Sheet Reconciliation function. Drive timely, complete and accurate attestation of all owned GL account keys in compliance with BSR&S Policy, reduce red account balances and any risk exposure Support reconciliation segment leads in partnering with BSG to drive monthly Account Review Forum (ARF) with Account Owners Groups and senior controllers and ensure all significant reconciliation and substantiation exceptions are highlighted and discussed for remediation. Support reconciliation segment leads to partner with Controller Transformation group to improve efficiency, effectiveness, productivity, and/or control. Support creation of effective control environment to ensure adherence with all internal and external policies and procedures. As a successful candidate, you'd ideally have the following skills and exposure: The ideal candidate will have extensive years (0-2) of proven experience related to accounting, financial reporting and/ or product control. Ability to analyze complex set of financial data and knowledge of US GAAP / IFRS preferably in banking / financial services environment. Ability to influence peers and business partners to take action necessary to achieve goals Proficiency with MS Project and MS Office Suite Financial management competencies Demonstrated ability to manage in a complex and dynamic environment Team building and mentoring skills are preferred Self-motivated with the ability to make decisions in the absence of detailed instructions Ability to support implementations and work closely with project teams Ability to coordinate with team members in distributed geographic environments Ability to work across functional areas ------------------------------------------------------ Job Family Group: Finance ------------------------------------------------------ Job Family: Balance Sheet Reconciliation ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------

Responsibilities

Ensure Balance Sheet accounts are reconciled according to policy and procedures, reporting exceptions and maintaining supporting documentation. Support audits and drive timely attestation of GL account keys while collaborating with various stakeholders.