The balance sheet/ general ledger control is one of the key functions under SMB&IC Enterprise Reconciliations and Balance Sheet Integrity Organisation. It involves review of general ledger accounts across global SMB&IC Operations to assess if operational controls are sufficient to address the risk.
Partnering with Operations Account owners, this role will be responsible for assisting in the proactive management of operating risk and remediation of control issues. This requires coordination across numerous internal operations teams, as well as various other support and control groups within all lines of defense within the organization
Responsibilities:
As a member of the Account Reconciliation Governance team, the incumbent will primarily be responsible for performing the controls reviews for SMB&IC Operations general ledger accounts for LATAM (Countries/Lines of Business) under their responsibility.
Perform control reviews of all general ledger accounts for assigned region, country, business unit are conducted in line with global requirements and timelines
Understand and document the account workflow from the product process / reconciliation to the General Ledger
Ensure any key risk identified in the reviews is addressed/ escalated
Challenge operational response to general ledger accounts to ensure all relevant risks are identified and controls are in place.
Work closely with Operations Account owners to ensure actions as identified in the control reviews are documented
Ensure data integrity controls are followed for the information collated from the control reviews
Ensure effective and timely engagement and communication with global Balance sheet/ general ledger control team
The role will require the individual to work with stakeholders across Operations, Finance, Global Reconciliation Utility, Line Control, Technology, Audit etc
Ensuring multiple key targets and deliverables are met whilst maintaining high standards and accuracy
Perform User acceptance testing and liaise with technology to ensure key automation/ efficiency initiatives are delivered regionally
ENHANCING CONTROLS
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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards
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:
Experience in Finance/Operations/Operational risk & Controls.
Understanding of accounting principles
Understanding of product processors and reconciliation systems and account flows to the General Ledger
Prior experience in conducting controls reviews preferred
Knowledge of risk and control metrics and creation of status reporting
Demonstrated ability to interact with senior management
Proven ability to liaise & co-ordinate across numerous global and local teams and groups
Proven ability in Change Management
Proven team player
Skills & Competencies:
Conduct meetings with Account owners/Senior managers and subject matter experts to conduct detailed investigation on nature of account, reconciliation and controls
Willingness to ask questions, challenge the process and seek out answers
Strong Microsoft Excel, Word, PowerPoint are essential
Aptitude to handle multiple tasks and changing priorities
Ability to work independently and take ownership of various parts of the process
Strong analytical and problem-solving skills
Good written and verbal communication skills & ability to communicate
Good organizational skills with the ability to work under pressure and prioritise within aggressive deadlines
Analytical, flexible, team-oriented and has good interpersonal/communication skills
Ability to meet new challenges and adapt easily to change
Willingness to learn new skills
Education:
Bachelor’s/University degree
Development Value:
Exposure to multiple businesses across SMB&IC Operations
Exposure to organisations outside of SMB&IC Operations and within 2nd & 3rd lines of defence
Opportunity to be part of a regional/global control program and build expertise in managing multiple stakeholders
Opportunity to become an SME in regional Operational Balance sheet risk and controls
PLEASE SUBMIT YOUR CV IN ENGLISH------------------------------------------------------
Job Family Group:
Finance------------------------------------------------------
Job Family:
Balance Sheet Reconciliation------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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