Director - Accounting, Ledger & Close Policy Transformation Initiative Manager (Hybrid)

The Accounting, Ledger & Close Transformation Initiative has been established under the wider Citi Finance Transformation and comprises three pillars - Accounting, Ledgers and Close, and associated global platforms, processes and governance. The program includes standardizing and reducing risk across current AL&C processes and establishing the next iteration of ledger strategy to adopt and implement global standard SaaS accounting and ledger platforms. The outcome will be a robust global policy, process, governance, and controls to ensure consistent and materially accurate, complete and timely ledger data and results. The AL&C Policy Transformation Director will be part of the overall AL&C Initiative and is responsible for driving AL&C Policy transformation and Citi-wide policy adoption:

• Own and manage the overall AL&C Policy Transformation workstream on behalf of the AL&C Transformation Lead
• Own and update the AL&C Policy, standards and procedures through transformation through Citi's Policy Governance framework.
• Defines and Implement the critical controls (GPMP / MCA) to mitigate key inherent risks covered by the policy.
• Partner with Finance, COO, Lines of business, Operations and Technology to drive adoption of Policy provisions and related controls.
• Participate in Controller Transformation governance and ensure alignment of CO to wider strategic objectives
• Oversee delivery and validation of Consent Order Action Plan milestones and deliverables in partnership with Accounting, Ledger, and Close Program directors
• Partner with Finance Data Initiative to ensure alignment of AL&C and Data transformation priorities.
• Coordinate program intra- and inter-dependencies across business stakeholder groups
• Manage day to day program requirements with FTO and CAO
• Manage  program level metrics and business cases including risk reduction and efficiency measures.
• Lead CO program communications, prepare and present FB&R updates to senior management forums.
• Coordinate regulatory responses and quarterly updates (both to US and non-US regulators)
• Coordination of technology requirements, budgets and deliverables across AL&C Policy initiatives.
   

This is a high profile role within Citi’s Finance transformation, with a global scope, ideal candidates would have an in depth knowledge of ledger and accounting process, and experience writing and implement policies over those activities. Experience should be gained through significant experience in a senior Controller, Finance Transformation or technology role at Citi or a similar institution. The role holder will be expected to provide both strategic and operational thought leadership over AL&C processes with the ability to lead and influence a wide number of stakeholders, virtual and matrix teams at Director and MD level.

The role requires:

• Detailed knowledge of Citi’s business and products
• Detailed understanding of accounting concepts, both US GAAP/IFRS
• Detailed understanding of Citi's Policy Governance framework
• Strong network of senior finance, Business, Operations and Technology stakeholders
• Ability to influence senior Finance, Business and Operations senior management at MD level
• Ability to partner with other functions to drive the design and implementation of new Policy Governance, processes and controls
• A strong track record in driving global change from within a finance function, with significant experience with process re-engineering / process improvement, design and implementation of finance processes.
• Ability to communicate effectively, both written and verbal, across organizational levels, functions and regions
• Understanding of the regulatory and control requirements around Citi’s AL&C activities including ICOFR and SOX.
   

Individual should be analytical, flexible, team-oriented, have good interpersonal, communication, and follow-up skills with strong attention to detail and ability to multi-task
 

Qualifications

• Bachelors’ degree in Finance, Accounting, Business, Management or related field
• 10+ years of experience in Accounting, Finance, Business or related field in the Financial Services industry is required
• Experience in Risk and Control design and implementation
• Experience within a senior Controller, Shared Services or Technology role is preferred.
• Significant experience in Process re-engineering and current/target state process mapping
• Proficiency in Microsoft Office products.

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