PBWM Accounting Policy Senior Lead Analyst, Senior Vice President
New York, NY 
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Posted 30 days ago
Job Description

The Citi Accounting Policy group is focused on researching technical accounting matters and advising on the appropriate accounting treatment for new transactions under US GAAP and IFRS. The group is also responsible for new accounting standard implementation, developing and maintaining the firm's accounting policies on all significant accounting areas impacting Citi, and for ensuring that Citi's financial statements are presented in conformity with US GAAP

Responsibilities:

  • Participate in accounting policy enforcement and ensures that Citi's business activities are in conformity with generally accepted accounting principles (GAAP)
  • Assist in facilitating the proper implementation of new accounting standards, disseminates information on current accounting topics and recent developments that affect Citi and acts as a source to obtain recent presentations and corresponds with external standard setters and regulators.
  • Lead implementation efforts for new accounting standards, primarily US GAAP but including IFRS
  • Advise business heads and managers regarding the accounting implications of new products and changes to existing products.
  • Prepare and deliver presentations to facilitate firm-wide education of new or changing accounting requirements to ensure that management understands the impact of new standards and regulations
  • Research technical accounting issues, and consulting with Citi Regional and Corporate Accounting Policy groups on complex transactions.
  • Prepare detailed documentation to support accounting conclusions of new/modified products and complex transactions.
  • Prepare and present to Senior Management impacts of accounting standards, complex transactions.
  • Provide accounting training (on existing and new pronouncements) to Local Finance and Business teams.
  • Strategic professional who advises on directional strategy by analyzing subject matter and its application in own job and the business.
  • Use communication and diplomacy to guide and influence others, in particular colleagues in other areas and occasional external customers.
  • Technical expert who acts as an advisor on significant business/product decisions
  • Assist with Balance Sheet Review process, and Internal and External auditors processes where applicable
  • Participate in the development of Citi's Global accounting policies and positions.
  • 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:

  • 10+ years experience working for Big 4 Accounting Firms, FASB, or other industry experience is preferred
  • Excellent verbal and written communication skills required. Must be able to quickly analyze complex issues, identify key questions that need to be asked, form appropriate views on both transaction economics and application of GAAP, and convey most important aspects of actions needed and transaction impact verbally and in writing.
  • Practical knowledge of US GAAP, specifically in regards to financial instrument accounting; Knowledge of Regulatory Reporting / Basel issues ; The individual must possess excellent interpersonal and client service skills as well as have the ability to work very closely with many different levels of management on the business side; Excellent research, analytical, organization and drafting skills; Excellent negotiation, research, analytical, organization and drafting skills are also necessary
  • fast thinker/quick learner and possess the ability to work effectively in a rapidly changing environment n order to meet deadlines; The successful candidate will have the ability to multi-task while working on long-term projects
  • CPA or equivalent certification required


Education:

  • Bachelors/University degree, Master's degree preferred


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Finance

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Job Family:

Accounting Policy

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Salary Range:

$170,880.00 - $256,320.00

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
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