FP&A Forecast Execution Process Design and Improvements, Citi

Citi

Location:
India, Mumbai

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Citi is looking for a candidate with well-rounded knowledge and experience in Business & Financial Planning, Re-engineering programs, Process improvement frameworks to drive transformation of Citi’s forecasting processes towards the end state vision. Planning Process Design and Simplification role will be part of the Planning Initiative within the Transformation team.

Job Responsibility:

Part of a team in Mumbai to drive Citigroup’s forecasting process transformation including global re-engineering initiative, identification and development of controls and governance and execution of Citigroup’s forecasting processes
Overall program management of the multiple high visibility global process transformation efforts including strong governance / tracking of program execution partnering with key stakeholders
Design and co-ordinate forecasting processes i.e. QMMF, CCAR, Outlook, Op Plan for Expenses, Pensions and Ops Risk
Collaborate with multiple FP&A teams, Risk workstreams and Tech teams to define timeline and process
Ensure Calendar and process are effectively communicated to relevant teams
Highlight complex issues in Expense design and execution to management on timely manner and ensured timely resolution
Identify opportunities to simplify and automate process to derive effort reduction and cycle time saves
Role requires interaction with Senior stake holders to provide inputs on current process, suggest simplification/automation ideas, gather feedback and drive initiatives to conclusion
Working closely with Process Design and Execution team to build calendar for all forecasting processes incorporating feedback from stakeholders as well as factor in benefits from automation
Establish re-engineering program focused on structuring target state global forecasting processes and create capability by hiring specialized resources in Mumbai
Structure and conduct re-engineering workshops with senior stakeholders across Finance to agree on interim and end state process structure to achieve Agile Planning transformation program objectives and related regulatory remediation efforts
Partner with other Agile Planning workstreams (Data, Infrastructure/Tech, Models, Reporting & Analytics, UI/Workflow, etc.) to align efforts and program milestones required to achieve process transformation objectives
Apply process improvement / re-engineering frameworks (Lean, etc.), to identify and implement tangible and measurable process improvements without impacting quality of outcomes
Build out process maps to identify bottlenecks and interdependencies and establish explicit performance metrics for tracking finance planning processes
Work in a cross functional collaborative team environment with an intense focus on impactful tangible outcomes
Partner with Digital Transformation teams to incorporate and integrate digital tools into the forecasting processes

Requirements:

7-9 years work experience with significant part of that focused on driving large scale transformation efforts, Process Re-engg programs, Financial Planning and Budgeting leadership experience, preferably with global exposure, in Financial Services / Banks
MBA in Finance from a top tier institution and a Bachelor’s degree in Mathematics, Information Systems, Economics, Computer Science, Engineering, Finance or a related quantitative discipline preferred
Experience interacting with senior management on building consensus for contentious topics
Experience establishing tracking of KPIs for processes and showing ongoing improvement
Experience working in FP&A or related to business and operational planning and budgeting
Strong executive presence and experience running senior level workshops
Expert knowledge and experience in storyboarding and creating compelling presentations along with strong written and verbal communication skills
Past experience in managing and running global financial planning processes with a focus on process efficiency, continuous improvement and process performance analytics
Past experience playing leadership role in driving programs in a matrix environment
Experience in process re-engg programs with strong knowledge of process improvement frameworks (like Lean)
Knowledge of risk and control frameworks and knowledge of best practices to implement controls
Knowledge of digital tools incl visualization, AI, Machine learning a plus
Experience of partnership with multiple workstreams to drive acceptance and adoption of agreed process changes
Knowledge of Agile methodology and experience in projects preferred
Experience in process mapping using tools like Blue Works preferred
Strong analytical and problem solving skills and track record of leading diverse teams
Proficient in Microsoft office suite of products, including expertise in Excel and PowerPoint
An understanding of Citi's businesses, the major strategic issues and the Senior Management landscape would be beneficial

Nice to have:

Knowledge of digital tools incl visualization, AI, Machine learning
Experience in process mapping using tools like Blue Works
An understanding of Citi's businesses, the major strategic issues and the Senior Management landscape

Additional Information:

Job Posted:
April 24, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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FP&A Forecast Execution Process Design and Improvements