Head of Financial Reporting
2 weeks ago
**Overview of Citi**: Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. 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. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity. The Head of Financial Reporting, UK is responsible for delivery of Financial, Client and Regulatory Reporting for Citigroup UK-domiciled clients. The primary service is the delivery of annual and semi-annual financial statements. The individual, along with the team supervisors, will be responsible for ensuring that the team meets all client and regulatory deliverables, effective operational controls are in place, and that process improvements are continuously identified and executed. **Key Responsibilities** - Overseeing and ensuring that all client reporting and regulatory deliveries meet agreed service level agreements. - Allocating responsibilities to teams and maintaining the optimal team structure to service clients efficiently - Developing and coaching the team through goal setting, regular one to ones and formal annual and semi-annual performance reviews - Identifying opportunities for efficiencies and driving new developments and enhancements forward for the team. - Ensuring communication with the client, both internal and external, regulator, offshore sites and external vendors is professional, succinct and accurate. - Developing strong, pro-active relationships with all internal and external stakeholders. - Collaborating closely with other relevant operational peers to ensure that process risks are minimised. - Keeping up to date on accounting standards and regulatory change. - Ensuring that offshore and onshore teams have the necessary knowledge and process understanding and are kept up to date with regulatory and accounting standard changes. - Ensuring that the onshore teams provide helpful and constructive feedback to the offshore team in the form of calls/issue logs to help keep accuracy levels high and quickly resolve issues. **Knowledge/Experience** - Knowledge of UK GAAP/IFRS & the IA SORP Reporting is essential with COLL knowledge also valuable - Domain knowledge of Financial Reporting and Tax for Fund Accounting is essential - Domain knowledge of Fund Accounting Regulatory and Client Reporting will be an advantage - Project Management and Change Management experience will be an advantage **Skills** - Excellent interpersonal, written, and verbal communication skills - Good organisational skills, ability to work under pressure and prioritise within tight deadlines while maintaining total accuracy - Highly numerate - Pragmatism combined with a can-do attitude is a pre-requisite. - A high energy level and an enquiring mind **Qualifications** Chartered Accountant qualification is highly desirable. **Competencies** - Desire to motivate and develop people - Client-focused - Risk-focused **What we Offer** As well as a competitive salary and consideration for a yearly discretionary bonus Citi offer; - Award winning pension scheme, - Life assurance and - Private medical insurance In addition, we offer a competitive maternity, paternity and adoption leave scheme. We pride ourselves on our ability to offer employees a number of lifestyle benefits including; online shopping and concierge service and subsidised clubs and societies. Our Select benefit package offers you the opportunity to customise your benefits according to your own lifestyle preferences and includes corporate discounts, memberships and a range of additional extras. Our vast range of diversity networks and on site multi faith room demonstrates Citi’s commitment to growing a diverse workforce. - **Job Family Group**: Operations - Transaction Services - **Job Family**: Fund Accounting - **Time Type**: Full time - 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. 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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