Citi Group Financial Administration Audit Support 

United States, Massachusetts, Boston 

423824148

Job Summary

The Financial Administration Audit Support Assistant Vice-President oversees assembly of periodic Audit Reconciliations of Custody and Accounting data to aid in the production of investment company (“fund”) financial and related shareholder and client reports, including semi-annual and annual financial statements and quarterly reports. The VP is responsible for managing a team of financial administration professionals, working with internal and external clients to design and maintain efficient, effective reporting processes. A comprehensive understanding of the interrelationship of financial statement schedules is essential. The VP must maintain a thorough understanding of GAAP and SEC rules and regulations relating to Registered Investment Companies. In addition to managing a team of financial administration professionals, the VP proactively manages client relationships. Primary responsibilities:

• Primary point of contact with auditors on their clients for annual, semi-annual and quarterly reports
• Periodic oversight of cash reconciliations, security reconciliations and manual entries recorded in the accounting system to ensure appropriateness and that reconciling items are resolved timely
• Perform monthly general ledger review
• Provide gold standard quality service to clients and respond proactively to internal and external client inquiries
• Demonstrate an advanced understanding of investment types, mutual funds, and financial markets and serve as a resource for their team and department
• Understand the applicable sections of U.S. GAAP related to financial statement presentation and disclosure
• Understand the applicable sections of Sub Chapter M of the IRC and tax-related financial statement disclosures
• Understand the applicable sections of mutual fund Registration Statements (SEC Form N-1A) relating to financial statement presentation and management’s discussion of fund performance
• Identify opportunities for continuous improvement to reduce risk and improve efficiency
• Manage projects, participate in department initiatives and committees

Qualifications

• Bachelor’s Degree in Accounting, Finance, or business-related area, MBA and/or CPA a plus
• 5-7 years mutual fund (or equivalent) financial reporting experience and fund administration experience
• Prior people management experience a plus
• Understanding of investment company financial reporting requirements & disclosures
• Experience with FIS AAIA fund accounting platform is a plus
• Advanced experience working with Microsoft Office applications required, especially Excel

Ability to demonstrate the following attributes consistently well

• Strong leadership skills
• Attention to detail, a sense of urgency for deadlines, and solid organizational skills
• Strong written and verbal communication skills and interpersonal skills to foster client and internal relationships
• Proactively balance competing deliverables
• Willingness to work outside of normal work hours when necessarily, especially during peak financial reporting cycles
• Handle escalated issues timely and appropriately
• Oversee projects effectively
• Ability to promote a positive working environment and influence others to embody the Citi Culture

Anticipated Posting Close Date: