Compensation Accounting Team C13

Reposted 11 Hours Ago
Be an Early Applicant
Mumbai, Maharashtra, IND
In-Office
Senior level
Fintech • Financial Services
The Role
Lead the global compensation accounting team focusing on retirement costs. Ensure integrity of finance data flows, prepare financial transactions and consolidated statements, manage transformation and EUC remediation initiatives, advise regional controllers, interact with regulators, and manage a team responsible for accounting, controls and reporting for legal vehicles and regulatory purposes.
Summary Generated by Built In

The Finance Accounting Sr. Manager accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Has responsibility for volume, quality, timeliness and delivery of end results of an area. May have responsibility for planning, budgeting and policy formulation within area of expertise. Involved in short-term planning resource planning. Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval.
Responsibilities:

  • Supports the management and control data flows to and within Finance applications to ensure integrity and completeness of data, including by preparing and recording financial transactions for legal vehicle and regulatory reporting purposes, updating the general ledger, recording financial transactions, and preparing of consolidated financial statements, in accordance with management reporting requirements, for legal vehicle & regulatory purposes. Also, includes specialized accounting, such as equity compensation, securitization, payroll and investment accounting.
  • Manages complex/critical/large professional disciplinary areas.
  • Leads, directs and manages a team of professionals.
  • Uses a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function and applies in-depth understanding of the business impact of technical contributions.
  • Accountable for delivery of a full range of services to one or more businesses/ geographic regions.
  • Regularly interacts with peers within the company and externally, including regulators and professional organizations.
  • Provides advice to internal clients on the implications of business trends, issues, operating environment changes and firm or business unit strategy.
  • Manages a sub Infrastructure unit or specialist function.
  • Has the ability to operate with a limited level of direct supervision.
  • Can exercise independence of judgement and autonomy.
  • Acts as SME to senior stakeholders and /or other team members.
  • Ability to manage teams. 
  • 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 others and create accountability with those who fail to maintain these standards.

Qualifications:

  • 6-10 years of relevant experience
  • In-depth knowledge Local and US GAAP; Familiarity with finance functions and systems
  • Management experience of team of professionals as well as familiarity with banking products and reporting requirements as well as legal vehicle governance and control.
  • CPA or Chartered Accountant

Education:

  • Bachelor’s/University degree, Master’s degree preferred

This role leads the global accounting team for compensation and benefit expenses, focusing on Retirement costs. The role will also lead all transformation initiatives and EUC remediation and consolidation related to Retirement funds. This role will be a point of contact for regional and country controllers regarding compensation, and will actively participate in global/regional initiatives and projects to optimize related processes

The position offers broad exposure to various business levels and regions (country, cluster, EMEA/APAC/LATAM), develops communication and networking skills across the firm, and leverages analytical skills and US GAAP knowledge to impact Citi's financial close process and enhance business/product knowledge

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Job Family Group:

Finance

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Job Family:

Financial Accounting

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Time Type:

Full time

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.

Skills Required

  • 6-10 years of relevant experience
  • In-depth knowledge of Local GAAP and US GAAP
  • Management experience leading a team of accounting professionals
  • Familiarity with banking products, legal vehicle governance and reporting requirements
  • Experience with compensation accounting, retirement costs and investment/payroll accounting
  • Experience leading transformation initiatives and EUC remediation/consolidation
  • CPA or Chartered Accountant
  • Bachelor's degree (Master's preferred)
  • Developed communication, diplomacy and stakeholder management skills

Citi Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.

  • Healthcare Strength Benefits coverage is positioned as comprehensive, including health, dental, and vision insurance plus on-site clinics, prescription drug support, and disability coverage. Family-building support such as fertility assistance is described as a notable differentiator within the overall package.
  • Retirement Support Retirement benefits are framed as strong, highlighted by a 401(k) with matching and additional plan options like a Roth 401(k). Financial support is reinforced through discounts and broader financial guidance resources tied to the benefits ecosystem.
  • Wellbeing & Lifestyle Benefits Wellbeing support extends beyond insurance through programs like an Employee Assistance Program, counseling/legal resources, and gym or wellness reimbursement. These offerings increase the perceived total rewards value even when cash compensation sentiment varies by role.

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The Company
HQ: Kwun Tong, Kowloon
223,850 Employees

What We Do

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank – an institution connecting millions of people across hundreds of countries and cities.

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