**About (Balance Sheet Substantiation)**


_One of the key controls for ensuring the accuracy of Citi's P&L is through ensuring the accuracy of its Balance Sheet. The basis for ensuring this accuracy is through the process of substantiating the balances in the general ledger back to supporting documentation on monthly basis._


_Lacking good controls over the Balance Sheet Substantiation (BSS) process can result in inaccurate reporting of the company's Revenues and Expenses and require adjustments including write-offs._


_Mumbai BSS team supports various regions such as EMEA countries, India and NAM O&T, LATAM with reconciling, proofing & eRecon submission activities for balance sheet accounts. Currently, the team is handling Full Keys belonging to Finance, Tax, Operation, Treasury, Cash & Fixed Assets._


**Role Outline/Job Summary**


_Ensure the integrity of Balance Sheet accounts through the monthly validation of balances._


_Ensure that each account balance is fully substantiated, proofed, aged & submitted in e-Recon._


_Identify potential internal control weaknesses._


_Ensure compliance with Summaries & BS Directives as rolled out by BSS GPO_


**Job Description**


**POSITION TITLE:**


Analyst


**Grade/Level:**


C09


**BUSINESS GROUP:**


Balance Sheet Substantiation


**FUNCTION/GROUP:**


FRSS


**DEPARTMENT:**


CSS


**LOCATION:**


Mumbai


**ROLE & RESPONSIBILITIES**


_Business/ Department_


_Objectives:_


Balance Sheet account Substantiation


_Core Responsibilities:_


Substantiation/Proofing


_Day-to-Day Responsibilities:_


+ Preparation of Balance Sheet reconciliations for numerous legal vehicles across EMEA to a high standard in line with Corporate guidelines

+ Responsible for the follow up and resolution of reconciling items

+ Responsible for the accurate reporting of the status of the reconciliations owned into Citi reporting tool eRecon

+ Communicating with Account Owners & Legal Entity Managers across multiple locations on the status of the reconciliations performed

+ Escalating any account related issues to Regional Balance Sheet Control


_Financial/ Budgetary:_


_No_


_Individual Contributor (IC)/Managerial_


_IC_


_Key Deliverables:_


_Same as above_


_Percentage of Travel:_


No Yes, 10% of the Time Yes, 25% of the Time


Yes, 50% of the Time Yes, 75% of the Time Yes, 100% of the Time


_Relocation:_


_No_


_Other:_


**QUALIFICATIONS**


Required


Preferred


_Education:_


Post Graduate/ Part qualified accountant.


Knowledge of Citi is desirable but not required.


_Experience:_


Minimum of 3 years experience in an financial control / reconciliation /accounting environment.


_Certifications:_


+ Post-Graduation

+ MBA

+ 1-2 years qualified CA or experienced/ Semi Qualified CA


_Skills:_


+ Analytical skills

+ Strong communicator (oral / written)

+ Hands-on experience in MS office


_Other:_


+ Ability to meet deadlines

+ Ability to use own initiative to resolve issues

+ Ability to communicate effectively across all levels


**ORGANIZATIONAL RELATIONSHIPS**


_Reports to_


_Direct:_


_C12, Assistant Vice President_


_Matrix:_


_NA_


_Supervises_


_Direct:_


_NA_


_Matrix:_


_NA_


_Partnerships_


_Internal:_


_NA_


_External:_


_NA_


**DEVELOPMENT**


_Career Progression:_


_(Please highlight how the role would add value to the incumbent and what could be his potential next assignments)_


**COMPENSATION**


_Bonus/Incentive Eligible:_


**ADDITIONAL NOTES, IF ANY**


**_Requisition/ ERMS # ________________________**


**To know more about Citi, We encourage you to visit our career website @** **www.online.citibank.co.in/careers/citi-india.htm**


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**Job Family Group:**


Finance

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**Job Family:**


Financial Reporting

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**Time Type:**


Full time

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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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.