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Acord (association For Cooperative Operations Research And Development)

SVP, Account Policy Sr Lead Analyst (Hybrid)

Acord (association For Cooperative Operations Research And Development), New York, New York, us, 10261


The Account Policy Sr Lead Analyst is a strategic professional who closely follows the latest trends in their field and adapts them for application within their job and the business. Typically, a small number of people within the business provide the same level of expertise. Excellent communication skills are required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required to guide, influence, and convince others, particularly colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business, this role necessitates a degree of responsibility over technical strategy and primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

Responsibilities:Participate in accounting policy enforcement and ensure that Citi's business activities are in conformity with generally accepted accounting principles (GAAP).Assist in facilitating the proper implementation of new accounting standards, disseminate information on current accounting topics and recent developments that affect Citi, and act as a source to obtain recent presentations and correspond with external standard setters and regulators.Lead implementation efforts for new accounting standards, primarily US GAAP but including IFRS.Advise business heads and managers regarding the accounting implications of new products and changes to existing products.Prepare and deliver presentations to facilitate firm-wide education of new or changing accounting requirements to ensure management understands the impact of new standards and regulations.Research technical accounting issues and consult with other Accounting Policy members on complex transactions.Prepare detailed documentation to support accounting conclusions of new/modified products and complex transactions.Prepare and present to Senior Management the impacts of accounting standards and complex transactions.Provide accounting training (on existing and new pronouncements) to Local Finance and Business teams.Strategic professional who advises on directional strategy by analyzing subject matter and its application in their job and the business.Use communication and diplomacy to guide and influence others, particularly colleagues in other areas and occasional external customers.Technical expert who acts as an advisor on significant business/product decisions.Assist with Balance Sheet Review process and Internal and External auditors processes where applicable.Participate in the development of Citi's Global accounting policies and positions.Participate in reviews of 10K/10Qs earnings materials and other reporting, including creating presentations for senior management.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:5-10+ years of experience working for FASB and/or U.S. banking regulator is highly desirable.Practical knowledge of US GAAP, specifically regarding financial instrument accounting; knowledge of Regulatory Reporting/Basel issues; excellent interpersonal and client service skills; ability to work closely with many different levels of management on the business side; excellent research, analytical, organization, and drafting skills; excellent negotiation skills.Fast thinker/quick learner with the ability to work effectively in a rapidly changing environment to meet deadlines; capability to multi-task while working on long-term projects.CPA or equivalent certification required.Education:Bachelors/University degree, Master's degree preferred.This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.------------------------------------------------------Job Family Group:Finance------------------------------------------------------Job Family:Accounting Policy------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York, New York, United States------------------------------------------------------Primary Location Full Time Salary Range:$176,720.00 - $265,080.00

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:Apr 15, 2024------------------------------------------------------

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