OverviewOverview of Citi:Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide.
Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.Job DescriptionTeam/Function OverviewThe Australia Lead for Financial Reporting is a senior management level position reporting directly to the Global Head of Financial Reporting with a matrix reporting line to local management.The Financial Reporting team is part of Fund Services Operations.The team is responsible for the production of financial statements, tax and regulatory reporting and all associated workings for investment and superannuation fund clients domiciled in Australia.The current headcount is approximately 30 onshore in Australia with an equal number in Kuala Lumpur, Malaysia as the offshore partner.
The team is predicted to grow in the coming years as we take on new clients and our existing clients expand.ResponsibilitiesWork with onshore partners and the Global Head of Financial Reporting to determine the optimal operating model including automation and location strategies to enhance scalability and quality of operationsSummarize into a strategic vision for the local teamsLead the team through business and operational change including communicating the vision and goals, consistently and frequently, across all locationsCascade annual goals for the team in line with the strategic vision and help them to achieve themFocus on client relationships, supporting the client organisation and other service functions by consistently delivering excellenceEngage with industry bodies to enhance Citi's visibility in the local market-place and ensure our services are in line with local best practicesDevelop relationships with Product and Technology and other colleagues both locally and globally to leverage capabilities of the entire firmBe the primary point of escalation for Financial Reporting in the countryEnsure that appropriate training and planning frameworks and procedures are in place to support all teams on-shore and offshore and ensure that the teams remain fully compliant with all Citi PoliciesRole-model Citi New Way behaviors to ensure that everyone is empowered to contribute at their highest levelMonitor service level standards and provide senior management with compliance reporting as well as maintain an environment where processes and controls are monitored, and potential risks are escalated on a timely basisAttend client meetings, including board meetings and ad hoc Requests for Proposals (RFPs) presentations as requiredOversee local regulatory, audit and compliance matters and liaise with the Citi Country Officer and other teams as requiredAppropriately 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.CompetenciesAbility to contribute to strategic direction of a team which is in a period of strong growth.Demonstrated leadership and project management skills including ability to resolve operational issuesClear and concise written and verbal communicationRisk Assessment: Appropriately assess risk when making business decisions, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by ensuring 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.Knowledge/Experience15+ years of relevant experience in funds administration and financial reporting10-15+ years of managerial experience with experience of cross-border management and leadershipKnowledge of local taxation and regulations including reporting to APRA and ASIC for superannuation clients as well as the broader financial services industryKnowledge of Fund Accounting Platforms including InvestOne and Multi-Fonds and of Reporting Software including Confluence and/or DFIN, would be a benefitDemonstrated experience in operational process management, talent assessment, development and deploymentQualifications15+ years of relevant experienceProfessional Accountancy qualification8-10+ years of managerial experienceBachelor's degree/University degree or equivalent experienceMaster's degree preferredJob DetailsJob Family Group: Operations - Transaction ServicesJob Family: Fund AccountingTime Type: Full timeMost Relevant SkillsPlease see the requirements listed above.Other Relevant SkillsFor complementary skills, please see above and/or contact the recruiter.Citi is an equal chance 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.
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📌 Head -Tax & Financial Reporting
🏢 Citi
📍 New South Wales