The Financial Books & Records (FB&R) Transformation Initiative has been established under the wider Citi Finance Transformation and comprises three pillars - Accounting, Ledgers and Close, and associated global platforms, processes, and governance. The program includes standardizing and reducing risk across current FB&R processes and establishing the next iteration of ledger strategy to adopt and implement global standard SaaS/Cloud based accounting and ledger platforms (the “strategic ledger”). The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.

The Controller Transformation team, in partnership with Global Functions Technology, selected Oracle Cloud as the technology platform, after a rigorous technical and functional assessment of Citi’s current ledger platforms against leading industry solutions. The new platform provides enhanced technical capability and supports our finance transformation strategy and realization of our Target Operating Model.

The program has established a Citi-wide governance and cross-functional team including Finance, Shared Services, Risk, Business and Technology partners. The scope of the program includes:

• Centralizing and standardizing accounting into global accounting hubs and sub-ledgers
• Implementing a standard sub ledger and general ledger for the firm
• Replacing Citi’s current Operating and Reporting ledgers, including those embedded in bank-in-a-box platforms such as Flexcube
• Automating and streamlining accounting and ledger processes and controls
• Addressing source data quality issues impacting ledgers in partnership with enterprise wide data priorities
• Aligning contractual and instrument level balances and positions with financial balances

The FB&R Oracle Implementation Program Manager will be part of the overall FB&R Initiative, reporting to the Program Director.

Key responsibilities will include:

• Owning the plan for definition and execution of FB&R Global Template design strategy and related workstreams including operating model, process, and controls

• Design and deployment of industry standard ledger business architecture both US GAAP and IFRS, general ledger processes, Chart of Accounts design, and close, consolidation processes
• Drive standardization, simplification, and automation of Controllership operations while accommodating localization requirements to meet jurisdictional needs
• Prepare and present at Design Authority councils, and effectively partner with Technology Architect to design the Solution
• Lead process re-engineering and process optimizations, design and implementation of target state finance processes in a SaaS environment
• Partner with other finance functions such as Tax, Treasury, Financial Planning, Regulatory Reporting and others like Product Control, Valuation Control etc.

• Partner with Finance Data Initiative to coordinate alignment of FB&R Ledger and Data transformation priorities
• Participate in strategic ledger governance and lead workstream deliverables
• Manage workstream intra- and inter-dependencies across stakeholder groups including System Integrators
• Manage workstream level metrics and business cases including risk reduction and efficiency measures.
• Lead workstream communications, prepare and present FB&R updates to senior management forums.
• Participate in testing, deployment of Global Template and provide inputs to defining the future state service delivery and sustainment model

This is a high-profile role within Citi’s Finance transformation, with a global scope, ideal candidates would have an in-depth knowledge of sub-ledger and accounting process. Experience should be gained through extensive experience in a senior Controller, Finance Transformation or technology role at Citi or a similar institution. The role holder will be expected to provide both strategic and operational thought leadership over the FB&R transformation with the ability to lead and influence a wide number of stakeholders, virtual and matrix teams at SVP (Senior Vice President) level.

The ideal candidate will be highly motivated, team oriented, and a proactive problem solver. They will possess strong communication and interpersonal skills with the ability to synthesize and communicate complex information in a clear, concise manner to various levels of stakeholders including both end users and senior/executive leadership. They must feel comfortable navigating complex and ever-changing environments with the ability to educate and persuade senior stakeholders. They will possess the ability to drive change throughout a large, global organization.

Qualifications & skills:

• 18+ years of relevant work experience with global corporations and financial services experience gained in Banking or in an associated consulting role
• Experience building a team, evaluating, developing, and attracting talent in a diverse and inclusive environment
• Highly motivated, strong attention to detail, team oriented, organized
• Pro-active problem-solver who works well in high-pressure fast-paced environments
• High proficiency with Microsoft Office Suite, particularly Excel for reporting and PowerPoint for presentation development
• Strong written/verbal communications skills; must be concise, articulate, and persuasive with the ability to articulate complex problems and solutions and the judgement and authority to provide insightful commentary to senior stakeholders.
• Strong interpersonal skills for interfacing with all levels within the organization including senior management, including a proactive and 'no surprises' approach in communicating issues/requests
• Growth mindset, seeking and implementing feedback and maintaining flexibility to pivot and course correct as needed
• Excellent oral and written communications skills; must be articulate and persuasive Ability to drive change to business practices by working effectively across a global organization and to understand different perspectives

Preferred:

• 10+ years of experience in implementing Technology Enabled Transformation or Digital Transformations in the Financial Services industry is required
• Proven track record of significant organizational transformations and SaaS enabled ERP transformations (Oracle, SAP, Workday), minimum of two (2) full lifecycle global implementations
• Prior experience and knowledge gained through design and deployment of industry standard ledger business architecture both US GAAP and IFRS, general ledger processes, Chart of Accounts design, and close, consolidation processes
• Knowledge of other finance process like Tax, Treasury, Financial Planning, Regulatory Reporting and others like Product Control, Valuation Control etc.

Education:

• Bachelors’ degree in Finance, Accounting, Business, Management, Engineering, or related field is required
• Project Management certifications e.g., PMP (Project Management Professional), Agile Certifications, Scaled Agile or equivalent is required
• Demonstrated ability to independently lead program work on a global large-scale level for a Finance Transformation is preferred
• Technically competent with various software programs, including but not limited to Microsoft Office (Word, Excel, PowerPoint, Visio), Microsoft Projects, Tools

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Job Family Group:

Project and Program Management

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Job Family:

Program Management

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Time Type:

TBD

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

We are currently working on a hybrid schedule consisting of 2-3 days in office and the remainder remote (specific details depend on location and business group) and may be subject to change. This is not a remote only role.

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Job Family Group:

Technology

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Job Family:

Technology Project Management

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Salary Range:

$170,000.00 - $300,000.00

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting