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The Finance Data Distribution VP is a key contributor to strategic finance transformation initiatives, specifically within the Strategic Ledger program, which focuses on a cloud-based implementation to transform financial books and records. This role supports the development and enhancement of data distribution products, spanning from the Strategic Ledger cloud platform to various consumers across Financial and Regulatory reporting processes. The ideal candidate will possess a strong working understanding of both processes and data that impact the distribution of data to consumers from the Strategic Ledger. They will actively support and advocate for necessary architectural changes, contributing to the successful evolution of the platform. As the initiative is a multi-year program, this role will contribute to the continuous improvement of the delivery model and approach by applying lessons learned from each prior delivery cycle.
Job Responsibility:
Drives product/integration alignment with organizational goals for regulatory reporting, liquidity management, data aggregation, consolidation, and operational reporting
Translate complex business requirements related to financial ledger data into a clear and actionable product roadmap
Acts as SME to stakeholders and /or other team members within Finance Controllers, Financial reporting systems, Tax and Treasury functions
Contributes to the design, roll-out and governance of financial solutions including Ledger balances and journals consumption, Legal entity reporting, Entity consolidation
Participates in formulating and setting strategic direction for the process, organization and architecture covering Finance across Citi businesses, products, functions and locations
Assists in setting business and information architecture standards for Finance
Develop and manage the product lifecycle for data products originating from the financial ledger, including ledger balances and journals
Ensure data distribution capabilities meet stringent requirements for accuracy, completeness, and timeliness for regulatory and financial reporting
Drive the enhancement of data aggregation, consolidation, and operational reporting functionalities
Plays a part in settling and operating necessary forums and frameworks to establish and govern policies and starts for global Finance processes
Participates in assessing and incorporating changing business, regulatory and market information needs into finance processes and applications
Strategic professional who advises on directional strategy by analyzing subject matter and its application in own job and the business
Acts as a technical expert who acts as an advisor on significant business/product decisions related to Finance data
Has the ability to operate with a limited level of direct supervision
Can exercise independence of judgement and autonomy
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
Requirements:
6-10+ years of relevant experience, within the financial services industry with a focus on Financial reporting, Regulatory Reporting and Controllers preferred
Experience in transformation and process re-engineering deliveries involving legacy applications and process migration to target state applications and processes
Demonstrable knowledge of Accounting and Ledger business functions and processes with specific focus on Financial and Regulatory reporting processes
Strong business analysis and Project management expertise
Strong understanding of financial control, GL reconciliation, intercompany reconciliation, and consolidated financial reporting within a global financial institution
In-depth knowledge of financial books and records, consolidated ledger reporting, management reporting, RWA, and the intricacies of reconciliation processes between diverse financial systems
Experienced in managing Project plans, milestones and deliverables
Self-motivated with the ability to make decisions in the absence of detailed instructions
Exceptional written and verbal communication, negotiation, and stakeholder management skills, with proven ability to deliver compelling presentations and engage effectively with Senior leaders
Expertise in designing and implementing robust data distribution architectures, including APIs, data pipelines, ETL/ELT, and real-time streaming solutions
Proven ability to implement and manage data lineage, robust data quality frameworks, and exception resolution processes for Controllers and Finance
Familiarity with data visibility and analytics tools (e.g., Tableau, Qlik sense) and their application in financial reporting
Requires communication and diplomacy skills in order to guide and influence others
Bachelors degree, potentially Masters degree
What we offer:
Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work - life balance
Career progression opportunities across geographies and business lines
Socially active employee communities with diverse networking opportunities