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    Job Description

    Financial Analyst

    19013678

    Description

    Organization:

    The Enterprise Infrastructure , Operations & Technology (EIO&T) is responsible for Citi's overall Information Technology strategy. EIO&T's mission is to optimize Citi's IT environment by driving standardization of the production environment , reducing complexity , optimizing management of systems supporting global functions such as Enterprise Infrastructure , Compliance , Enterprise Risk Management and Finance , Citi Architecture , Technology & Engineering (CATE) , Citi Technology Infrastructure (CTI) , HR Technology , and introducing innovative technologies that provide new business capabilities , reduce the technology total cost of ownership , and create a competitive advantage for the firm. Global Functions Technology Services (GFTS) enables Citi s entire umbrella of global businesses to have a holistic approach to risk , HR and finance to manage , measure and remediate the firm s technology problems. It also develops advanced analytics frameworks that support internal business and financial intelligence as well as regulatory reporting.

    Description:

    The Financial Analyst function is part of the GFTS Business Office. The role supports the planning and reporting on the group s global portfolio of multi-million dollar programs , keeping senior clients and stakeholders informed and engaged on budget , actuals , and forecast spend across all project activities. This is achieved through maintaining and preparing financial reports and dashboards to engage and inform all stakeholders on an ongoing basis.

    Responsibilities include continuous monitoring and reporting on the financial status of the application development portfolio at all levels (Key initiatives down to projects.) Analysis of project transactions required across both the Technology expense side and the Client allocation side and tracking of expense types against budget (labor , fixed price contract , software expense , and other expenses). Individual will work with global project accounting systems and be comfortable extracting large data sets from financial systems and manipulating them for comprehensive analysis and accurate , timely management reporting. Need excellent communication and presentation skills , and an understanding of the drivers of project variances and ability to summarize into high-level commentary for senior management.

    Detailed Job Expectations:

    Own the production of timely and accurate reporting of project financial information

    Implement a customized reporting process to facilitate the fiscal budget process for GFTS

    Maintain manual change control log to track internal reorgs and budget transfers in / out of GFTS

    Prepare monthly financial MOR reports and assist in presentation to senior managers

    Monitor vendor accruals in project accounting systems and coordinate with Chiefs of Staff and Vendor Manager to reconcile proper recovery of fixed price contract expenses.

    Provide analysis , commentary , and run-rate trending to continuously monitor the Book of Work expenses compared to approve plans

    Reporting of both cash and P&L spend across the portfolio and monitoring of software capitalization credits and impairments

    Maintain proper linkages between the accrual system and fixed price vendor contracts

    Maintain proper linkages between the accrual system and software purchases

    Maintain and reconcile FTEs between the actuals and forecast within the financial systems

    Ensure FTEs are properly allocated to the correct projects to accurately reflect the work performed

    Monitor and adjust monthly variances to provide accurate financial reporting.

    Qualifications:

    Candidate should possess following skills:

    Background in Financial Services; Experience as IT Controller is preferred.

    Effective presentation skills to illustrate variances to plan across multiple levels of the organization

    Advanced skills in managing large data files and analytic skills needed to report status and / or financial trends; Advanced MSExcel , MSAccess , and Business Objects

    Experience working with complex Management Hierarchies and P&L account structures desired

    Understand the budget process and provide detailed research and analysis on financial impacts from committed deliverables; respond to executive tasks with immediate attention and short turn-around time frames

    Attention to detail is of paramount importance

    Information presented is visible to senior executives or outside regulators

    Excellent communication and influencing skills

    Able to prepare and communicate effective presentations that illustrate strategic landscape of large organization; possess excellent PowerPoint skills (big picture mentality)

    Able to navigate through large organizations to streamline and summarize multiple information points; create repeatable process to build consistency in presenting information

    5+ years of experience in Financial Analysis

    Bachelor s degree , advanced degree an advantage

    Qualifications

    Organization:

    The Enterprise Infrastructure , Operations & Technology (EIO&T) is responsible for Citi's overall Information Technology strategy. EIO&T's mission is to optimize Citi's IT environment by driving standardization of the production environment , reducing complexity , optimizing management of systems supporting global functions such as Enterprise Infrastructure , Compliance , Enterprise Risk Management and Finance , Citi Architecture , Technology & Engineering (CATE) , Citi Technology Infrastructure (CTI) , HR Technology , and introducing innovative technologies that provide new business capabilities , reduce the technology total cost of ownership , and create a competitive advantage for the firm. Global Functions Technology Services (GFTS) enables Citi s entire umbrella of global businesses to have a holistic approach to risk , HR and finance to manage , measure and remediate the firm s technology problems. It also develops advanced analytics frameworks that support internal business and financial intelligence as well as regulatory reporting.

    Description:

    The Financial Analyst function is part of the GFTS Business Office. The role supports the planning and reporting on the group s global portfolio of multi-million dollar programs , keeping senior clients and stakeholders informed and engaged on budget , actuals , and forecast spend across all project activities. This is achieved through maintaining and preparing financial reports and dashboards to engage and inform all stakeholders on an ongoing basis.

    Responsibilities include continuous monitoring and reporting on the financial status of the application development portfolio at all levels (Key initiatives down to projects.) Analysis of project transactions required across both the Technology expense side and the Client allocation side and tracking of expense types against budget (labor , fixed price contract , software expense , and other expenses). Individual will work with global project accounting systems and be comfortable extracting large data sets from financial systems and manipulating them for comprehensive analysis and accurate , timely management reporting. Need excellent communication and presentation skills , and an understanding of the drivers of project variances and ability to summarize into high-level commentary for senior management.

    Detailed Job Expectations:

    Own the production of timely and accurate reporting of project financial information

    Implement a customized reporting process to facilitate the fiscal budget process for GFTS

    Maintain manual change control log to track internal reorgs and budget transfers in / out of GFTS

    Prepare monthly financial MOR reports and assist in presentation to senior managers

    Monitor vendor accruals in project accounting systems and coordinate with Chiefs of Staff and Vendor Manager to reconcile proper recovery of fixed price contract expenses.

    Provide analysis , commentary , and run-rate trending to continuously monitor the Book of Work expenses compared to approve plans

    Reporting of both cash and P&L spend across the portfolio and monitoring of software capitalization credits and impairments

    Maintain proper linkages between the accrual system and fixed price vendor contracts

    Maintain proper linkages between the accrual system and software purchases

    Maintain and reconcile FTEs between the actuals and forecast within the financial systems

    Ensure FTEs are properly allocated to the correct projects to accurately reflect the work performed

    Monitor and adjust monthly variances to provide accurate financial reporting.

    Qualifications:

    Candidate should possess following skills:

    Background in Financial Services; Experience as IT Controller is preferred

    Effective presentation skills to illustrate variances to plan across multiple levels of the organization

    Advanced skills in managing large data files and analytic skills needed to report status and / or financial trends; Advanced MSExcel , MSAccess , and Business Objects

    Experience working with complex Management Hierarchies and P&L account structures desired

    Understand the budget process and provide detailed research and analysis on financial impacts from committed deliverables; respond to executive tasks with immediate attention and short turn-around time frames

    Attention to detail is of paramount importance

    Information presented is visible to senior executives or outside regulators

    Excellent communication and influencing skills

    Able to prepare and communicate effective presentations that illustrate strategic landscape of large organization; possess excellent PowerPoint skills (big picture mentality)

    Able to navigate through large organizations to streamline and summarize multiple information points; create repeatable process to build consistency in presenting information

    5+ years of experience in Financial Analysis

    Bachelor s degree , advanced degree an advantage

    Job Category : Technology

    Schedule : Full-time

    Education Level : Bachelor's Degree

    Shift : Day Job

    Employee Status : Regular

    Travel : No

    Office Location / Address : Chennai / India

    Citi is an equal opportunity and affirmative action employer.

Salary: Not Disclosed by Recruiter

Industry: Banking / Financial Services / Broking

Functional Area: Accounts , Finance , Tax , Company Secretary , Audit

Role Category:Finance/Audit

Role:Financial Analyst

Employment Type: Permanent Job, Full Time

Keyskills

Desired Candidate Profile

     

Education-

UG: Any Graduate - Any Specialization

PG:Post Graduation Not Required

Company Profile:

Citicorp Services India Pvt Ltd

Citicorp Services India Pvt Ltd
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