Finance Accounting Analyst

About Citi

Citi group safeguards the wealth, provides loans, makes invoices, and assesses the resources in place of its consumers. It helps in making connections among individuals around the globe, also finances and helps the government to all extents to make a strong base of the country like schemes for houses, transport, and other important requirements of the people.

Your role

• The Finance Accounting Analyst is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing, and/or evaluating processes and data.
• Identifies policy gaps and formulates policies.
• Interprets data and makes recommendations. Researches and analyzes factual information.
• Identifies inconsistencies in data or results, defines business issues and formulates recommendations on policies, procedures, or practices.
• Integrates established disciplinary knowledge within own specialty area with a basic understanding of related industry practices.
• Good understanding of how the team interacts with others in accomplishing the objectives of the area.
• Develops working knowledge of industry practices and standards.
• Limited but direct impact on the business through the quality of the tasks/services provided. The impact of the job holder is restricted to their team.

Key responsibilities:

• Supports the management and control of data flow to and within Finance applications to ensure integrity and completeness of data, including by preparing and recording financial transactions for legal vehicle and regulatory reporting purposes, updating the general ledger, recording financial transactions, and preparing consolidated financial statements, by management reporting requirements, for legal vehicle & regulatory purposes. It also, includes specialized accounting, such as equity compensation, securitization, payroll, and investment accounting.
• Integrates established disciplinary knowledge within own specialty area with a basic understanding of related industry practices.
• Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.
• Preparation of accounts for process in line with global guidelines.
• Manages the implementation of procedures and development reports.
• Adhere to key controls for the accounting process within the process handled.
• Articulates own process along with its key controls and provides evidence to support the reasoning for the assigned area of work.
• Communicate with Legal Entity Managers on the status of the reconciliations/ accounting performed.
• Delivers routine accounting deliverables to provide defined outputs.
• Escalates problems or issues relating to transactions, processes, reports, or, procedures as appropriate.
• Utilizes understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have an impact on own area.
• This applies to understanding how the team and area integrate with others in accomplishing objectives.
• Applies a good understanding of how the team interacts with others in accomplishing the objectives of the area.
• Assesses the applicability of previous or similar experiences and evaluates options under circumstances not covered by procedures.
• Has limited but direct impact on the business through the quality of activities provided. Has to impact the team and closely related teams.
• 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.

Training, development & rotations

Citi as one of the world's biggest banks has its training and development strategy. The training and Development Strategy at Citibank is consisting of three core areas. The first core area is “on-the-job learning” which takes 70% of the whole development program. The second core area is “learning through the relationship of exposure to others” which takes 20% part of the program. The third core area is “formal classroom training” which takes 10% part.

At Citi, learning on the job takes the biggest part because the workplace is the best to learn. In the work area, employees see real things and face real problems. In the workplace, Citibank has a mentoring program where new employees will learn how to do the job right from their mentor. When they meet a problem, a mentor could teach a new employee to solve the problem in the right way.

Salary & benefits

The annual salary for this role can range from INR 5 Lakhs to INR 8 Lakhs. (Source: AmbitionBox)

Benefits offered by Citibank to its employees include;

• Medical, dental, and vision coverage
• Retirement plans
• Life, accident, income protection, and disability insurance.
• Wellness programs
• Non-core benefits and allowances vary by region and country and may include meal and housing stipends, education assistance, childcare resources, and transportation programs.

Work-life balance

They have a variety of programs that help employees balance their work and life, including generous paid time off packages. It has a good work environment and flexible working hours. They are very flexible about the time and place of work for employees. They provide work-from-home options depending on the needs of the role.

Culture & vibe

Citi is committed to a diverse and inclusive workforce that represents the places where they operate and the clients they serve. Citi believes in a workplace where everyone feels comfortable coming to work as their whole self every day. Their culture of belonging and inclusivity makes Citi a place where everyone can thrive and advance their careers.

Citi values the unique backgrounds, identities, and experiences its employees bring to work every day. Citi is truly committed to fostering a culture of inclusion where they champion success, regardless of race, ethnicity, or any other factor of diversity.

About you

Qualifications:

• 0-2 years of experience in accounting management.
• Bachelor’s/University degree or equivalent experience.

How to apply

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