Balance Sheet Reconciliation Manager, Assistant Vice President at Citi

Taguig, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

05 Mar, 26

Salary

0.0

Posted On

05 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Financial Reporting, Product Control, Team Management, Financial Data Analysis, US GAAP, IFRS, Technical Accounting Principles, Communication, Influencing Skills, Financial Platforms, MS Project, MS Office Suite, Risk Management, Leadership, Mentoring

Industry

Financial Services

Description

We're currently looking for a high caliber professional to join our team as Balance Sheet Reconciliation Manager, Assistant Vice President based in Taguig, BGC, Metro Manila. Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance: Coverage varies by country. We empower our employees to manage their financial well-being and help them plan for the future. The position of Assistant Vice President, Balance Sheet Reconciliation Senior Analyst is responsible for reconciliation of Balance Sheet Accounts for specific business Segment. Role supports the respective reconciliation segment leads in driving full compliance of the Balance Sheet Reconciliation and Substantiation Policy. The position of Assistant Vice President, Balance Sheet Reconciliation Manager, is responsible for reconciliation of Balance Sheet Accounts for specific business Segment. Role supports the respective reconciliation segment leads in driving full compliance of the Balance Sheet Reconciliation and Substantiation Policy. As a successful candidate, you'd ideally have the following skills and exposure: The ideal candidate will have extensive years (5-8) of proven experience related to accounting, financial reporting and/ or product control. Experience managing high performing and motivated teams Demonstrate strong ability to analyze complex set of financial data and provide deeper insight on US GAAP / IFRS preferably in banking / financial services environment. Demonstrated career progression and a strong understanding and application of technical accounting principles and policies Demonstrated ability to effectively communicate through all levels of the organization Ability to influence peers and business partners to take action necessary to achieve goals Extensive experience in working with a variety of financial platforms. Proficiency with MS Project and MS Office Suite Financial management competencies Demonstrated ability to manage in a complex and dynamic environment Leadership and team building and mentoring skills are vital; must have the ability to guide staff through complex and cross border transformation initiatives Self-motivated with the ability to make decisions in the absence of detailed instructions Ability to drive implementations by motivating and directing multiple project teams Ability to foster and develop teams in distributed geographic environments Demonstrated ability to manage risks and enhance controls in complex financial accounting processes Ability to work across functional areas ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ Responsible for ensuring Balance Sheet accounts for the respective segment have been reconciled in line with BSRS Policy and standard /desktop documented procedure Ensure reconciliation performed by team (reconcilers/reviewers) 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 driving and support implementation of strategic ledger. Support execution of UAT for the reconciliation function. Facilitate escalation for Segment Controllers, Balance Sheet Governance (BSG), SOX Controllers and Operations Leadership. Support reconciliation segment leads for coordination of all Internal and External Audits, Regulatory interfacing related to the Balance Sheet Reconciliation function. 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 segment leads to develop a diverse talent pool that can meet the demands of a growing company Support creation of effective control environment to ensure adherence with all internal and external policies and procedures.

Responsibilities

The Balance Sheet Reconciliation Manager is responsible for ensuring that Balance Sheet accounts are reconciled in compliance with the relevant policies. This role involves supporting segment leads in driving compliance and managing exceptions effectively.