Finance Accounting Analyst, Officer

Citi; Mumbai; On-site; INR 500,000 - 700,000; Full time

Job summary

A leading financial services corporation is seeking a Finance Acctg Analyst 2 to support the management of accounting processes and ensure compliance with financial reporting standards. The role involves monitoring data integrity, preparing financial statements, and maintaining communication with Legal Entity Managers. Ideal candidates should have a Bachelor’s degree and up to 2 years of experience in accounting management. This role offers an opportunity to learn and develop within a respected financial environment in Mumbai, India.

Qualifications

• 0-2 years of experience in accounting management (combination of education/experience).

Responsibilities

• Monitor and assess accounting processes and data.
• Manage and control data flows within Finance applications.
• Prepare financial statements for regulatory purposes.
• Ensure accuracy of accounting reconciliations.
• Adhere to key controls in accounting processes.
• Communicate with Legal Entity Managers on reconciliations.
• Resolve issues impacting the accounting area.

Education

Bachelor’s/University degree or equivalent experience

Job description

The Finance Acctg Analyst 2 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 interprets 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 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. Impact of the job holder is restricted to own team.

Responsibilities

• Supports the management and control data flows 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 of consolidated financial statements, in accordance with management reporting requirements, for legal vehicle & regulatory purposes. Also, includes specialized accounting, such as equity compensation, securitization, payroll and investment accounting.
• Integrates established disciplinary knowledge within own specialty area with 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 implementation of procedures and development report.
• Adhere to key controls for accounting process within the process handled.
• Articulates own process along with its key controls and provides evidence to support reasoning for the assigned area of work.
• Communicate with Legal Entity Managers on the status of the reconciliations/accounting performed.
• Delivers on 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 impact on own area.
• Applies understanding of how the team and area integrate with others in accomplishing objectives.
• Applies 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 quality of activities provided. Has impact on team and closely related teams.
• Appropriately assesses 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

• 0-2 years of experience in accounting management (combination of education/experience)

Education

• Bachelor’s/University degree or equivalent experience

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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 Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.