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Finance Accounting Analyst 1 - Mumbai

Citigroup

Finance Accounting Analyst 1 - Mumbai

Citigroup

MUMBAI, Mahārāshtra, India

·

On-site

·

Full-time

·

3w ago

The Finance Acctg Analyst 2 is a developing professional role. Applies specialty area knowledge in monitoring, assessing, analyzing and/or evaluating processes and data. Identifies policy gaps and formulates policies. Interprets data and makes recommendations. Researches and interprets factual information. Identifies inconsistencies in data or results, defines business issues and formulates recommendations on policies, procedures or practices. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team.

Responsibilities:

  • Supports the management and control data flows to and within Finance applications to ensure integrity and completeness of data, including by preparing and recording financial transactions for legal vehicle and regulatory reporting purposes, updating the general ledger, recording financial transactions, and preparing of consolidated financial statements, in accordance with management reporting requirements, for legal vehicle & regulatory purposes. Also, includes specialized accounting, such as equity compensation, securitization, payroll and investment accounting.

  • Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices.

  • Take responsibility for the accurate reporting of accounting reconciliations on Citi reporting tools.

  • Preparation of accounts for process in line with global guidelines.

  • Manages implementation of procedures and development report.

  • Adhere to key controls for accounting process within the process handled.

  • Articulates own process along with its key controls and provides evidence to support reasoning for the assigned area of work.

  • Communicate with Legal Entity Managers on the status of the reconciliations/ accounting performed.

  • Delivers on routine accounting deliverables to provide defined outputs.

  • Escalates problems or issues relating to transactions, processes, reports or, procedures as appropriate.

  • Utilizes understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact on own area.

  • Applies understanding of how the team and area integrate with others in accomplishing objectives.

  • Applies good understanding of how the team interacts with others in accomplishing the objectives of the area.

  • Assesses the applicability of previous or similar experiences and evaluates options under circumstances not covered by procedures.

  • Has limited but direct impact on the business through quality of activities provided. Has impact on team and closely related teams.

  • 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.

Qualifications:

  • 2-7 years of experience in accounting management (combination of education/experience)

Education:

  • CA/MBA/Bachelor’s/University degree or equivalent experience

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About Citigroup

Citigroup

Citigroup

Public

Citigroup Inc. or Citi is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.

10,001+

Employees

New York City

Headquarters

Reviews

3.3

4 reviews

Work Life Balance

3.0

Compensation

3.2

Culture

2.8

Career

2.5

Management

2.7

35%

Recommend to a Friend

Pros

Compensation increases for investment banking roles

Legitimate investment banking employer

Internship opportunities available

Cons

Unclear career progression paths

Limited meaningful experience in internships

Compensation raises lower than competitors

Salary Ranges

28 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Investment Banking Analyst

13 reports

$135,050

total / year

Base

$117,500

Stock

-

Bonus

-

$126,500

$143,750

Interview Experience

5 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 40%

Negative 60%

Interview Process

1

Application Review

2

Recruiter Screen

3

Programming Assessment

4

Hiring Manager Interview

5

Panel/Superday Interviews

6

Final Decision

Common Questions

Technical Knowledge

Case Study

Behavioral/STAR

Past Experience

Culture Fit