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FB&R Accounting Transformation Lead (Hybrid)

New York, New York| Tampa, Florida| Getzville, New York

Job Type: Hybrid

Job Req ID 23632800
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Citi is undergoing a Transformation to modernize and simplify the bank. We’re raising the bar and taking the opportunity to reevaluate the way we do business. This includes fostering a culture of curiosity and excellence and shifting our mindset to be simpler and data driven, making Citi an easier place to work and improving client experience. If you’re ready to be at the forefront of Transformation while taking your career to the next level, we invite you to come and join us!

Success Profile

As one of the world’s most global banks, Citi gives you the tools to make a difference. Through Transformation, we’re building the future of the bank and shaping the banking industry. Citi employs over 220,000 individuals located around the world, encompassing a broad range of teams, roles, cultures and backgrounds. Some of the skills that will make you successful in this role include:

  • Cross-Functional Collaboration
  • Credible Challenge
  • Risk Management
  • Data and Results Driven
  • Accountable
  • Adaptable


The Financial Books & Records (FB&R) Transformation Initiative has been established under the wider Citi Finance Transformation and comprises three pillars - Accounting, Ledgers and Close, and associated global platforms, processes, and governance. The program includes standardizing and reducing risk across current FB&R processes and establishing the next iteration of ledger strategy to adopt and implement global standard SaaS/ Cloud based accounting and ledger platforms. The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.

The FB&R Accounting Transformation Lead willsupport the delivery of Citi’s Finance Transformation priorities, specifically the Strategic Accounting & Ledger Program). This is a dynamic role within Citi’s Finance transformation that will provide significant exposure to senior management, and will require an ability to partner extensively with stakeholders across many lines of businesses and functions. Ideal candidates are proactive problem solvers with in-depth knowledge of ledger and accounting processes, possess an ability to work under pressure to meet tight deadlines and have excellent communication /interpersonal skills. The position provides both program delivery and thought leadership in improving effectiveness by supporting end-to-end solutions that drive efficiency and repeatability.

The Strategic Accounting & Ledger Program implements a new platform with enhanced technical capability and supports our finance transformation strategy and realization of our Target Operating Model (including global and local processes). Thus, a proven track record in large-scale complex programs, change management, process simplification & re-engineering and technology enabled (SaaS/Oracle/SAP) implementation are preferred.


  • Support Product Owners/ Workstream leads in the successful execution of FB&R Instrument Sub-Ledger strategy and related workstreams, including operating model, process and controls.

  • Work with existing Accounting and Sub-Ledger platforms to identify and define requirements, including key use cases and stories, for integration into program roadmap to decommission legacy capabilities and platforms.

  • Partner with Accounting Transformation director to coordinate alignment of Accounting Hub and Sub-Ledger functionality.

  • Deliver the transformation of US GAAP, IFRS and Local GAAP Accounting through defining requirements and implementing multi-GAAP accounting rules.  

  • Drive the identification of data sources and data requirements to feed into the Accounting Hub and Sub-Ledger.

  • Participate in testing, deployment of system modules and provide inputs to defining the future state service delivery and sustainment model.

  • Participate in strategic ledger governance meetings and complete deliverables within Integrated Project Plan

  • Own workstream deliverables and manage intra- and inter-dependencies across business stakeholder groups.

  • Build strong relationships with Program Office Leaders, Program Sponsors and Technology Leaders as well as stakeholders in other Citi-wide initiatives (Finance Data initiative, Consent Order), Product Control, Financial Control, and operational stakeholders (FRSS) to identify further transformation opportunities.    

  • Provide workstream level metrics and business cases including risk reduction and efficiency measures.

  • Deliver workstream communications, prepare and present FB&R updates to senior management forums.

  • Partner with other Product Owners (Accounting, Ledger, Close, Operating Model, Process, or Controls) to coordinate priorities and ensure consistency of deliverables and artifacts across all workstreams.


  • 6-10+ years of relevant experience, in financial services with a focus on accounting, transformation and program delivery.

  • Previous experience in the implementation and transformation of US GAAP, IFRS and Local GAAP Accounting rules.

  • Understanding of accounting rules and standards for financial reporting.

  • Knowledge of Oracle, SAP or similar ledger platforms including instrument sub-ledger capabilities (e.g. OFSAA, AHCS) and sub-ledger data, process and operational design

  • Ability to perform business analysis, write business requirements and present ideas to audiences at all levels.

  • Organizationally savvy; understands systems, management processes, knows where to go for information and how to interpret.

  • A strong track record in driving global change within a finance function, with significant experience in accounting transformation, process re-engineering, and process simplification is preferred.

  • Franchise player: ability to operate both broad and deep, critical thinker, self-motivated; comfortable working with ambiguity.


  • Bachelor's Degree, potentially Masters degree in Business, Technology or a quantitative discipline or equivalent work experience.

  • CPA / CA or equivalent preferred.

Compensation for Locations:

Getzville New York - $97,000 - $146,000

New York, New York - $137,000 - $206,000

Tampa, Florida - $110,000 - $165,000


Job Family Group:



Job Family:

Fin Solutions Dsgn & Implement


Time Type:

Full time


Primary Location:

New York New York United States


Primary Location Salary Range:

$137,610.00 - $206,420.00


Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Apply Now
  • Join our team
    of 220,000+
    strong diverse employees

  • Socially minded employees volunteering in communities across 90 countries

  • Meaningful career opportunities thanks to a physical presence in over 95 markets

We foster a culture that embraces all individuals and encourages diverse perspectives, where you can make an impact and grow your career. At Citi, we value colleagues that demonstrate high professional standards, a strong sense of integrity and generosity, intellectual curiosity, and rigor. We recognize the importance of owning your career, with the commitment that if you do, we promise to meet you more than half way.

Success Stories

Usman B.

Usman B.

“By joining Transformation, you will be at the center of driving change at Citi. You’ll help us lay the foundation to make this a better place to work and do business by implementing sound risk and controls. This team will give you a launchpad of endless opportunities to grow as a professional and challenge yourself while working across various functions.”

Risk & Controls Transformation Lead
New York

Cynthia D.

Cynthia D.

“Citi hires people for their potential and not just their experience. This gives people, including myself, the opportunity to try different roles and explore new careers. Transformation at Citi is a new adventure and will challenge how we do things at Citi: with clients, with regulators and with our peers.”

Mexico Transformation Head

Dan F.

Dan F.

“Data Transformation is a great area to be a part of at Citi. Data is at the heart of our business and ensuring that our data is of good quality with clear ownership is imperative to our success.”

Data Operating Model and Governance Program Lead
New York


Shahzad A.

“This is an exciting area to work in at Citi! Being part of Transforming a 200+ year-old institution is a once in a lifetime opportunity. This is relatively new work, so not only you can learn new skills and get exposure, but you can play a pivotal role in shaping the Citi of the future.”

Data Tooling and Capability Head

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