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Corporate Functions, ESG, Technology and Operations Controllers and Corporate Insurance is responsible for accounting, reporting and disclosure of transactions for Operations & Technology, Functions & Management, certain corporate investment portfolios and Citi’s ESG reporting. This includes coordination and oversight of the quarterly earnings process (earnings materials, 10-K, 10Q, SOA, DCQ) for the Corporate Other and All Other segments. We oversee Citigroup ESG reporting and disclosures in compliance with regulatory requirements, including development of internal controls and Citi ESG reporting strategy. Citi as the leading global bank is present in 100+ countries across the world, with many lease arrangements to suit its business strategy. Real Estate Services (RES) Controllers Team ensures timely and accurate month-end close process and oversees real estate accounting globally.
Job Responsibility:
Establish and participate in the month-end close process for Real Estate Services (RES) managed segment for International (Global excluding NAM) geography
Participate in Balance Sheet and Income Statement analysis for International RES segment
Assume Account Ownership as part of the eRecon balance sheet reconciliation process for International RES specific accounts (such as Security Deposit, Accounts Receivable, Accounts Payable, Accruals, Prepaids, etc.)
Participate in the balance sheet reconciliation process to identify and resolve breaks covering International RES segment
Understand and advise on real estate related accounting – covering rent smoothing, restoration obligation, sub-lease loss reserve, security deposit, tenant improvement allowance, real estate taxes, etc.
Act as a back-up for Lease Accounting Reviewer – reviewing and approving accounting schedules under US GAAP and IFRS
Review and advise on Initiative Expenditure Proposal (IEP) specific to International RES segment
Support various regional and in-country stakeholders (RES, Controllers, FpnA, Balance Sheet Substantiation) on inquiries
Foster a robust Risk and Control culture – by understanding Citi’s approach to managing risk, as described in our Enterprise Risk Management Framework
Requirements:
Advanced knowledge of MS Excel and other Office products
Fluent English language knowledge
In-depth understanding of Accounting and Finance principles within own area and basic knowledge of other areas to resolve issues that have impact beyond own area
Knowledge of real estate industry and related accounting
3-5 years of similar professional experience, preferably within a cross-cultural team environment in a Controllership organization
Excellent analytical skills with attention to detail
Time management and ability to meet deadlines
Professional and assertive communication
Proactivity and flexibility
Ability to organize and prioritize tasks
University or College degree in Finance / Accounting
Highly motivated with problem solving abilities
Thinking “outside of the box” attitude
Aiming for accuracy and good quality
Willingness and ability to take responsibility for owned processes
Nice to have:
Additional language is an advantage
What we offer:
Opportunity to gain a thorough understanding of real estate accounting
Developing technical skills through process improvement and automation
Exposure across RES, Controllers, FPnA and Balance Sheet Substantiation organizations globally
Working in modern office environment with innovative and ambitious people from different functions, countries, and diverse backgrounds
Working with local and remote teams across a global organization
Career opportunity: vertical and horizontal expansion of your experience
Access to Citi’s training database and subscription to external online training providers
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