Citi Financial Accounting Lead Analyst, VP (Buffalo, NY) in Buffalo, New York

  • Primary Location: United States,New York,Buffalo

  • Education: Bachelor's Degree

  • Job Function: Finance

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 16051279


We are recruiting for an exciting opportunity within Citi’s Finance organization and are in search of a professional with a unique blend of the following experience: proven project and people management with solid internal control and accounting fundamentals and strong analytical skills.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi’s Mission and Value Proposition at explains what we do and Citi Leadership Standards at explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business initiative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.

The Department:

A function within Citi’s Controller's arm of the Finance Organization, the unit is a "shared services function" responsible for the accounting and substantiation of the organizations balance sheet, as well as the associated financial reporting of the ledger balances, risk, and associated breaks.

An objective of the Controller's organization is to standardize and streamline the accounting function associated with the balance sheet into a single organization with a streamlined/optimized process, while maintaining control and GAAP compliance. The Buffalo Finance Substantiation team is a strategic component of the organization's vision, leveraging its Frontier–based reconciliation model and subject matter expertise in support of building a foundation for the Reconciliation "Utility".

The Role

This Finance Management and Project Management role is responsible for execution and oversight of critical initiatives within the Finance Substantiation team. The role will support and lead various projects within the team as it relates to financial reporting, leading/introduction of new financial tools and initiatives, and other small scale projects.

The position will include both project and finance function management, also accountable for managing others, providing coaching and feedback to a team, and executing successful implementations. The position has full responsibility and accountability for understanding process flows, risk analysis/mitigation, and ensuring controls are in compliance with all internal guidelines/requirements.

The role will function independently and guide others in the execution of daily responsibilities - applying independent judgment to achieve results for both themselves and their team along with appropriate and timely escalation of any risk in their account portfolio. Project types include but are not limited to system conversions, process migrations, business acquisitions/divestitures, financial reporting, and internal initiatives in support of improving efficiency/control.

The VP- lead accounting analyst will review the work of others, establish procedures for others, and will provide coaching and feedback to a team. The analyst should possess strong judgment and investigation skills, and will leverage these skills in managing balance sheet risk.


Required Qualifications

The ideal candidate will possess strong management skills and has operated in that capacity in a large financial institution. The candidate should have a strong understanding of finance and accounting operations as well as exercise strong knowledge of generally accepted accounting principles, internal accounting controls, etc; candidate should be proactive and possess the ability to challenge existing processes and approaches and provide innovative suggestions that improve operational efficiency, effectiveness, internal controls, and/or customer service. Candidate must be able to perform in a high-profile, global initiative (Genesis), transforming Citi’s balance sheet in a time-sensitive environment.

The minimum requirements for this position are as follows:

  • Bachelor's degree from an accredited institution. MBA preferred. Accounting concentration or minor desired. Finance, or other related field

  • CPA desired but not required

  • Strong accounting fundamentals/proficient in corporate accounting

  • 6+ years relevant experience in finance/accounting/ in corporate banking or related industry

  • Proven Track record of change management and project implementation of large scale

  • Demonstrated successful accounting and finance controlled processes and implementations

  • Strong project management skills; documented successful implementations

  • 3 + years management or team leadership experience

  • Ability to problem solve and function independently with minimal supervision

  • Ability to interact with managers and various disciplines (Finance, Technology, Operations)

  • Must adapt to dynamic environment and effectively handle change

  • Must be a "change agent" embracing continuous process improvement - Strong PC skills: MS Excel Required (Must exhibit working knowledge of formulas, links, pivot tables)

  • Must be able to multitask

  • Possess initiative, strong leadership skills

  • Strong analytical skills

  • Quality orientation/attention to detail

  • Ability to work productively and efficiently in a continuously evolving, complex and fast pace environment

  • Strong written and verbal communication skill

  • Strong knowledge of accounting principles and financial risk