SVP, Account Policy Sr Lead Analyst (Hybrid)

IIBA (International Institute of Business Analysis); New York (NY); On-site; USD 176,000 - 266,000; Full time

Job summary

A leading financial services company seeks an Account Policy Sr Lead Analyst in New York to provide expert advice regarding new accounting standards and policy enforcement. This role requires strong communication and analytical skills to influence senior management decisions and guide policy compliance in alignment with GAAP.

Benefits

Medical, dental & vision coverage

401(k) plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 5-10+ years experience working for FASB and/or U.S. banking regulator highly desirable.
• Practical knowledge of US GAAP and financial instrument accounting necessary.
• Fast thinker/quick learner who can work effectively under pressure.

Responsibilities

• Lead implementation efforts for new accounting standards, primarily US GAAP.
• Prepare and present to Senior Management impacts of accounting standards.
• Participate in accounting policy enforcement and ensure compliance with GAAP.

Skills

Analytical skills

Interpersonal skills

Negotiation

Communication

Research

Education

Bachelors/University degree

Master's degree

CPA or equivalent certification

Job description

The Account Policy Sr Lead Analyst is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

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 other Accounting Policy members 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.
• Participate in reviews of 10K/10Qs earnings materials and other reporting including creating presentations for senior management.
• 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:

• 5-10+ years experience working for FASB and/or U.S. banking regulator is highly desirable
• 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 Full Time Salary Range:
$176,720.00 - $265,080.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Apr 15, 2024
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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 Accessibility at Citi .