Officer, Balance Sheet Reconciliation Intermediate Analyst

Citigroup Inc.; Taguig; On-site; PHP 400,000 - 600,000; Full time

Job summary

Citi is seeking an Officer for Balance Sheet Reconciliation in Taguig, Metro Manila. The successful candidate will handle reconciliation of Balance Sheet Accounts, ensure compliance with policies, and participate in audits. This role requires strong analytical skills, financial management experience, and a bachelor's degree.

Benefits

Access to telehealth options

Health advocates

Confidential counseling

Extensive training programs

Qualifications

• 2-5 years of experience in accounting or financial reporting.
• Strong analytical abilities with knowledge of financial standards.
• Ability to work independently and manage projects.

Responsibilities

• Ensure reconciliation of Balance Sheet accounts as per BSRS Policy.
• Document exceptions and maintain records of reconciliation work.
• Support audits and drive compliance with financial regulations.

Skills

Analytical skills

Risk management

Team building

Financial management

Education

Bachelor's/University degree

Tools

MS Project

MS Office Suite

Job description

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi Finance is responsible for the firm’s financial management and related controls.The team comprises disciplines including Treasury, Tax, Controllers and Financial Planning & Analysis, and manages and partners on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citi’s compliance with financial rules and regulations.

We’re currently looking for a high caliber professional to join our team as Officer, Balance Sheet Reconciliation Intermediate Analyst (Internal Job Title: Officer - C11) 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:

•Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

•We empower our employees to manage their financial well-being and help them plan for the future.

•Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

The position withinBalance Sheet Reconciliationis responsible forreconciliation of Balance Sheet Accounts for specific business Segment. Role supports the respective reconciliation segment leadsin driving full compliance of the Balance Sheet Reconciliation and Substantiation Policy.

Responsibilities:

CORE FUNCTION

• EnsureBalance Sheet accounts assigned have been reconciled in line with BSRS Policy and standard /desktop documented procedure

• Ensure reconciliation performedmeet 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 supporting implementation of strategic ledger by participating in the UAT for the reconciliation function

• Escalate and facilitate remediation of material reconciliation exceptions in coordination with Account Owners.

• Support reconciliation segment leads for coordination of all Internal and External Audits, Regulatory interfacing related to the Balance Sheet Reconciliation function.

• Drive timely, complete and accurate attestation of all owned GL account keys in compliance with BSR&S Policy, reduce red account balances and any risk exposure

• 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 reconciliation segment leads to partner with Controller Transformation group to improve efficiency, effectiveness, productivity, and/or control.

TALENT DEVELOPMENT

• Drive best in class knowledge management practices.

• Interact effectively in team meetings, providing inputs.

• Provides vocal leadership. Encourage team members and colleagues to speak up

• Is instrumental in building trust and confidence within the team, mentor junior colleagues and is approachable to the team

ENHANCING CONTROLS

• Appropriately assess risk when business decisions are made, demonstratingparticular 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.

• Active participation in global Internal Audits as well as KPMG audit engagements

• Maintain appropriate documentation/controls to ensure the integrity of financial, regulatory and management information

• Support creation of effective control environment to ensure adherence with all internal and external policies and procedures. Direct and coordinate audits and internal reviews

• Drive zero tolerance culture on control breaches

• Drive and coordinate remediation of all high and medium risk EUCs

Qualifications:
As a successful candidate, you’d ideally have the following skills and exposure:

• The ideal candidate will have extensive years (2-5) of proven experience related to accounting, financial reporting and/ or product control.

• Demonstrate strong ability to analyze complex set of financial data and provide deeper insight on US GAAP / IFRS preferably in banking / financial services environment.

• 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

• Team building and mentoring skills are preferred; 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 supporting 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

Education:

Bachelor's/University degree graduate

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 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.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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Job Family Group:

Finance

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Job Family:

Balance Sheet Reconciliation

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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