Fund Accounting Analyst

About Citi Bank

Citigroup 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. Citi supports ninety percent of Fortune 500 Companies in their routine tasks of recruitment, progress, and accomplishments.

Your role

The Fund Accounting Specialist is an entry-level position responsible for assisting in a variety of fund valuation activities in coordination with the Operations - Transaction Services team. The overall objective of this role is to assist in the calculation of daily and periodic Net Asset Valuations (NAVs) for funds and the distribution of associated unit prices.

Responsibilities:

• Complete activities relating to the accurate and timely delivery of valuations for defined clients
• Assist in planning and organizing for the investigation and resolution of exceptions to expected results on valuations, and the delivery of unit prices/NAVs in accordance with established deadlines
• Analyze cause and suggest enhancements for recurring exceptions through review of reconciliations and analysis of NAVs
• Review stock and cash reconciliations to ensure that the exceptions noted have no NAV impact and items cleared are treated correctly
• Ensure the corporate actions are correctly reflected on the NAV and that security prices applied to funds are correctly stated
• Demonstrate initiative and lead ongoing development of team processes, procedures, and a positive working environment
• Assist in the prompt investigation and resolution of client queries, and ensure client Service Level Agreement (SLA) and deadlines are met
• 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

Working at Citi is far more than just a job. A career with them means joining a family of more than 220,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community, and make a real impact.

At Citi, you will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you. From analysts to executives, people operate as one team where each voice is heard and each perspective is appreciated.

You will have an opportunity to work with colleagues from unique backgrounds and experiences on projects and solutions that are equally diverse. They believe that diversity makes them stronger, and they actively work to ensure that their team is inclusive and representative of the amazing people they serve.

Salary & benefits

The annual salary for this role will range from INR 2.5 to 4.5 LPA (Source: Ambition Box). Some of the core benefits offered by Citibank to all 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.

To know more details about benefits click here

Career progression

Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses. They have a variety of programs that help employees balance their work and life, including generous paid time off packages.

Citi encourages the freshers to join and polish their abilities. They provide training during the job through experienced individuals working at the global bank. They focus on providing opportunities in different regions to bring diversity.

Work-life balance

It has a good work environment and flexible working hours. Citi is 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

To apply for this role, you must have the following eligibility criteria as stated below:

Qualifications:

• 0-2 years of relevant experience
• Experience with fund accounting
• Experience within financial institutions preferred
• Knowledge of financial market operations
• Basic knowledge of organization and policies
• Third-level qualification studying for ACCA, ACA, or CIMA at an advanced level preferred
• Proficient computer skills with a focus on Microsoft Office applications
• Consistently demonstrates clear and concise written and verbal communication

Education:

• High School diploma or equivalent.

How to apply

To apply for this role, just click on the "Apply on employer site" button, which navigates to the career section where the application can be submitted easily.