Finance Accounting Analyst Job at Citi Mumbai | Freshers

The Finance Acctg Analyst I is a trainee professional role. It requires a good knowledge of the range of processes, procedures, and systems used in carrying out assigned tasks, along with a basic understanding of the underlying concepts and principles. A good understanding of how the team interacts with others in accomplishing the objectives of the area is expected. The role involves making evaluative judgements based on analysis of factual information, resolving problems by identifying and selecting solutions through acquired technical experience, and being guided by precedents. The candidate must be able to exchange information in a concise and logical way and be sensitive to audience diversity. The impact is limited but direct on the business through the quality of tasks/services provided, and is restricted to the own job.

Responsibilities:

• Support the management and control of data flows to and within Finance applications to ensure integrity and completeness of data, including preparing and recording financial transactions for legal vehicle and regulatory reporting purposes, updating the general ledger, recording financial transactions, and preparing consolidated financial statements in accordance with management reporting requirements.
• Take responsibility for accurate reporting of accounting reconciliations on Citi reporting tools.
• Prepare accounts for assigned processes in line with global guidelines.
• Adhere to key controls for accounting processes within the process handled.
• Integrate established disciplinary knowledge within own specialty area with basic understanding of related industry practices to perform accounting transactions.
• Perform specific tasks within specific business functions as a team member.
• Deliver on routine accounting deliverables to provide defined outputs.
• Articulate own process along with its key controls and provide evidence to support reasoning for the assigned area of work.
• Communicate with Legal Entity Managers on the status of reconciliations/accounting performed.
• Escalate problems or issues relating to transactions, processes, reports, or procedures as appropriate.
• Utilize understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact on own area.
• Apply good understanding of how the team interacts with others in accomplishing the objectives of the area.
• Assess the applicability of previous or similar experiences and evaluate options under circumstances not covered by procedures.
• Have limited but direct impact on the business through quality of activities provided in own area of work.
• 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:

• Basic level experience in accounting management (combination of education/experience)

Education:

• Bachelor's/University degree or equivalent experience