Financial Reporting Manager, Citi

Citi

Location:
Hungary, Budapest

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Finance Reporting Manager is responsible for leading a team in providing regulatory analysis and reporting, overseeing accounting activities such as closing books and consolidating financials, maintaining internal controls, and implementing process improvements. The role involves detailed financial management, compliance with regulatory standards, and team leadership to achieve timely and accurate financial reporting.

Job Responsibility:

Support the analysis and submission of reports to various constituencies (local regulators, SEC, Fed, OCC, etc.) based on requirements such as US GAAP, US Regulatory, and local statutory reporting
Oversee closing the books and sub-ledgers, including passing appropriate required adjustment entries and consolidating financials at the end of each accounting period
Review monthly database updates for various systems and platforms and validate data source feeds with end-user
Ensure all accruals and adjustments are accurately calculated and posted within established timelines
Monitor changes/progress and keep senior leadership informed of unusual financial details
Maintain internal controls by ensuring control checks are built in all the files and check them thoroughly during process reviews
Assist the team in identifying and implementing process improvement initiatives or standardization ideas that will increase productivity and efficiency, reduce cycle of processing time, and reduce error rates
Oversee all accounts, legers, and reporting systems ensuring compliance with appropriate financial standards and regulatory requirements
Work with the Assistant Vice President to set goals, track performance, and other upskilling requirements of the team as well as develop and capture Key Performance Indicators (KPI) of the team
Adhere to regional and global procedures and rules
Acts as SME to senior stakeholders and/or other team members

Requirements:

5-8 years of experience in Accounting Management with Commensurate People Management experience required
Chartered Accountant (CA) / Master in Business Administration (MBA) / Certified Public Accountant (CPA) or equivalent combination of education required
Has the ability to operate with a limited level of direct supervision
Working knowledge of related financial regulations
Self-motivated and detail oriented
Ability to manage teams
Consistently demonstrates clear and concise written and verbal communication skills
Bachelor’s Degree/University degree or equivalent experience

What we offer:

Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work-life balance
Career progression opportunities across geographies and business lines
Socially active employee communities with diverse networking opportunities

Additional Information:

Job Posted:
May 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Financial Reporting Manager