Director, Finance Strategic Ledger Program Transformation Office Lead

The Strategic Ledger Program has been established under the wider Citi Finance Transformation. The program strategy is to adopt and implement global standard Oracle SaaS/Cloud based accounting and ledger platform (the “strategic ledger”). The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.

The Finance Controllers program team, in partnership with Finance Technology, selected Oracle Cloud as the technology platform, after a rigorous technical and functional assessment of Citi’s current ledger platforms against leading industry solutions. The new platform provides enhanced technical capability and supports our finance transformation strategy and realization of our Target Operating Model.

The program has established a Citi-wide governance and cross-functional team including Finance, Shared Services, Risk, Business and Technology partners. The scope of the program includes:

• Centralize and standardize accounting into global accounting hubs and sub-ledgers 

• Implement a standard sub ledger and general ledger for the firm

• Replace Citi’s current Operating and Reporting ledgers, including those embedded in bank-in-a-box platforms such as Flexcube

• Automate and streamline accounting and ledger processes and controls

• Address source data quality issues impacting ledgers in partnership with enterprise-wide data priorities

• Align contractual and instrument level balances and positions with financial balances

The Strategic Ledger Program Transformation Office Lead will be part of the overall Strategic Ledger Implementation team.

Key responsibilities will include

• Program Management Oversight of Oracle Strategic Implementations

• Oversee planning and execution of future release releases

• Management of Program Governance Function

  Support Strategic Planning and Program Leadership in the definition of the future roadmap

  Carry out proactive risk management, mitigation planning, and resolutions

• Collate weekly status reports submitted by workstream leads and provide insightful, constructive feedback/challenge

• Manage/Facilitate/Participate in the strategic ledger governance meetings and lead Program Office workstream deliverables including Integrated Project Plan

• Provide oversight to workstream intra- and inter-dependencies across stakeholder groups including System Integrators

• Lead/Manage workstream communications, prepare and present FB&R updates to senior management forums.

• Demonstrate extensive understanding of project and program management principles, methods, and techniques.

• Build strong relationships with Program Office Leaders, Program Sponsors and Technology Leaders

• Management engagement with Internal Audit

• Ensure adhere to Citi Policies and Procedures

• Ensure consistency of deliverables and artifacts across all workstreams

• Participate in resourcing, financial management and vendor management activities to ensure program is operating within budget

• Ensure provisioning of necessary project tools (SharePoint, JIRA, SmartSheets, etc) by collaborating with internal IT teams who own respective tools

This is a high-profile role within Citi’s Finance transformation, with a global scope, ideal candidates would have an in-depth knowledge of sub-ledger and accounting process. Experience should be gained through extensive 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 the FB&R transformation with the ability to lead and influence a wide number of stakeholders, virtual and matrix teams at SVP (Senior Vice President) level.

The ideal candidate will be highly motivated, team oriented, and a proactive problem solver. They will possess strong communication and interpersonal skills with the ability to synthesize and communicate complex information in a clear, concise manner to various levels of stakeholders including both end users and senior/executive leadership. They must feel comfortable navigating complex and ever-changing environments with the ability to educate and persuade senior stakeholders. They will possess the ability to drive change throughout a large, global organization.

Qualifications & Skills:

• 15+