Client - Major Financial Firm
Duration - 6-12 Months (possible extension)
Location - Tampa, FL Rate - $102.13/HR on W2 (OT past 40 hours = $153.20/HR)Citi Finance and Risk have embarked upon a major regulatory initiative to prepare for implementation of new accounting standards for both IFRS 9 and U.S. GAAP, related to Classification and Measurement of Financial Assets and Liabilities, and of Impairment of Financial Assets.
In addition, as part of Citi’s broader strategy around process re-engineering and standardization, the program will align processes, roles and responsibilities, governance, policies, systems, models and data across Finance and Risk.
The overall effort is being driven jointly by the newly formed Office of Finance & Risk Infrastructure and Accounting Policy through a central program management structure, combining the implementation of both IFRS9 and US GAAP rules.
Job Responsibilities:
Supporting the Core Program Management team, the role will focus on a range of Process-related activities required for program delivery and execution, including:
• Developing a standard global process model in conjunction with Controllers, Risk and business leads.
• Working with above leads, Finance Architecture and technology to design and implement the standard solution / process.
• Supporting efforts to align the framework on Credit Impairment models and calculations across CCAR and Loan Loss Reserves.
• Working with global, regional and country teams to assess impact on key business financial results, in conjunction with Finance, Risk and business teams.
• Working with the Data team to identify and source required data.
• Defining standard guidelines, roles and responsibilities, and appropriate alignment of activities including centralization in shared services.
• Aligning activities with the central project plan.
Qualifications:
• Bachelors’ degree in Finance, Accounting, Business or related field.
• 10+ years experience in Financial Services.
• A strong understanding of accounting policy, accounting and close processes, the Product Control function, and Risk/modelling processes.
• Ability to design and implement new accounting processes, in accordance with US and Local GAAP.
• Familiarity with data standards and hierarchies.
• Process & controls oriented.
• Strong problem solving skills.
• Organized & structured.
• Strong presentation skills are an imperative.
• Ability to communicate effectively, both written and verbal, across levels and functions.
• Ability to capture, document and understand clearly multi-dimensional end to end process flows, and lay out a go-to solution that aligns with existing process frameworks.
• Applies/demonstrates advanced understanding of area supported. Possesses a comprehensive understanding of how own area and others collectively integrate to contribute towards achieving business objectives. •
Last updated on May 9, 2016