Financial Administration Audit Support

Assistant Vice-President, Financial Administration Audit Support

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

------------------------------------------------------

Job Family Group:

------------------------------------------------------

Job Family:

------------------------------------------------------

Time Type:

------------------------------------------------------

Primary Location:

------------------------------------------------------

Primary Location Full Time Salary Range:

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

------------------------------------------------------

Anticipated Posting Close Date:

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.