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    SVP, Strategic Ledger - Jacksonville, United States - Citigroup, Inc

    Citigroup, Inc
    Citigroup, Inc Jacksonville, United States

    Found in: One Red Cent US C2 - 2 days ago

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    Description
    The Strategic Ledger Program has been established under the wider Citi Finance Transformation. The program strategy is to adopt and implement global standard Oracle SaaS/Cloud based accounting and ledger platform (the "strategic ledger"). 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 Finance Controllers program team, in partnership with Finance Technology, selected Oracle Cloud as the technology platform, after a rigorous technical and functional assessment of Citi's current ledger platforms against leading industry solutions. The new platform provides enhanced technical capability and supports our finance transformation strategy and realization of our Target Operating Model. The program has established a Citi-wide governance and cross-functional team including Finance, Operations, Risk, Business and Technology partners. The scope of the program includes:
    • Centralize and standardize accounting into global accounting hubs and sub-ledgers.
    • Implement a standard sub ledger and general ledger for the firm.
    • Replace Citi's current Operating and Reporting ledgers, including those embedded in bank-in-a-box platforms such as Flexcube.
    • Automate and streamline accounting and ledger processes and controls.
    • Address source data quality issues impacting ledgers in partnership with enterprise-wide data priorities.
    • Align contractual and instrument level balances and positions with financial balances
    The SVP, Operating Model & Process Senior Lead Analyst will be a key lead in the Design of Citi's Oracle / SaaS enable Operating Model and process design for accounting, ledger and close processes and the integration. Some of the key responsibilities in the role:
    • Defining and driving the implementation the Target Operating Model for "run the ledger" and "user the ledger" processes and teams across operations, finance and business, in close partnership with BAU process owners.
    • Defining detailed target state process maps covering ledger operations, accounting, Ledger and Close processes within the Oracle SaaS environment, and key interactions with partner applications (both up and downstream) including required process changes in Front Office and Operations.
    • Defining transition plan from current to target state org, including integration of legacy teams into new operating model and adoption of latest cloud and self-service tools and capabilities across teams and functions.
    • Integration of Operating model and wider business architecture concepts into SL program and alignment with Citi's enterprise Architecture requirements
    • Partnering with implementation leads to ensure all operating model and process activities are aligned with overall release and go-live schedules.
    • Supporting the preparation and execution of testing for UAT
    • Identifying opportunities to drive wider operating model and organizational change ahead of Strategic Ledger implementation.
    What knowledge, skills and experience we'll need from you:
    • 10+ years of relevant work experience with global corporations and financial services experience gained in Banking, Financial Services or in an associated consulting role
    • Experienced in implementing Technology Enabled Transformation or Digital Transformations in the Financial Services industry
    • Experiences in large scale Target Operating Model and process design and implementation
    • Proven track record of participation in significant organizational transformations and SaaS enabled ERP transformations (Oracle, SAP, Workday)
    • Ability to self-start, identify, engage with and influence a wide and diverse group of senior stakeholders to Director level.
    • Experience in successfully managing complex projects and programs which include external suppliers through the full project lifecycle, from conception through rollout and ongoing support
    • High proficiency with Microsoft Office Suite, particularly Excel for reporting and PowerPoint for presentation development
    • Bachelors' degree in Finance, Accounting, Business, Management, Engineering, or related field is required
    Preferred
    • Experience with Software as a Service (SaaS) enabled Enterprise Resource Planning (ERP) transformations (Oracle, SAP, Workday)
    • Leadership Experience as a Process or Product Owner within a Chief Accounting Officer, Controllership and Finance Shared Services Organization is preferred.
    • Project Management certifications e.g., PMP (Project Management Professional), Agile Certifications or equivalent is a strong plus.
    Your Development Value:
    • Unique opportunity to play a pivotal role in one of Citi's key transformation programs
    • Opportunity to play a key role in an Oracle Cloud SAAS implementation
    • Become a subject matter expert in Oracle Cloud for Finance Accounting and Ledger
    • Visibility and exposure to global and local Citi senior management and thought leadership
    Education:
    • Proficient Microsoft Office skills
    • CPA preferred
    • Bachelors degree, potentially Masters degree
    Job Family Group:
    Finance

    Job Family:
    Fin Solutions Dsgn & Implement

    Time Type:
    Full time

    Primary Location:
    Jacksonville Florida United States

    Primary Location Full Time Salary Range:
    $141, $212,160.00

    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 Available offerings may vary by jurisdiction, job level, and date of hire.

    Anticipated Posting Close Date:
    Apr 19, 2024

    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
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