Full-Time

Fund Accounting Group Manager

SVP, Hybrid

Posted on 11/19/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$130.9k - $196.3kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Boston, MA, USA + 1 more

More locations: Tampa, FL, USA

Hybrid role requiring in-office presence.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Requirements
  • 10+ years of relevant experience.
  • Chartered Accountant / CFA / MBA.
  • Experience within financial markets and fund accounting.
  • Experience in financial services, client management, project management, strategic management, operational management, and resource and expense management.
  • Experience with people management and working with multiple stakeholders.
  • Advanced knowledge of accounting concepts, financial services, and global financial markets.
  • Ability to manage client relationships.
  • Demonstrated talent assessment as well as the ability to manage client relationships.
  • Bachelor’s degree/University degree or equivalent experience.
  • Master’s degree preferred.
Responsibilities
  • Manage fund accounting operations at a site or functional level including people managers as well as partner across department and business to develop and enhance cost effective solutions that meet client expectations and needs.
  • Assess new business viability against existing business capabilities and make appropriate recommendations.
  • Assist and encourage employee career progression through defined career paths, management processes, appropriate training, and Professional Development Plans (PDPs).
  • Evaluate risk and controls, including operational impact of changes in legislation, and ensure compliance to established controls.
  • Lead strategic planning process with business units and prioritize business development requirements to completion.
  • Monitor Profit and Loss (P&L), expense managements, budget, and planning.
  • Monitor, set, and achieve established department goals during day-to-day operations as well as serve as point of escalation for complex issues and manage resolution of issues and new business requests.
  • Direct and participate in department and industry initiatives as well as support corporate governance and ethics.
  • 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.

Citigroup provides a variety of financial services to a wide range of clients, including individuals, businesses, and governments. Its offerings include consumer banking, credit services, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, demonstrated through its investments in environmental, social, and governance initiatives. The company's goal is to create a positive financial and social impact while ensuring growth and profitability.

Company Stage

N/A

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
  • The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
  • Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.

What critics are saying

  • Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
  • Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.

What makes Citigroup unique

  • Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
  • The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
  • Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.

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