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Citi · 13 hours ago

Finance Accounting Lead Analyst - Hedge Accounting

Getzville, NY

Full-time

Onsite

Mid, Senior Level

$92K/yr - $138K/yr

6+ years exp

Citi is a global bank that provides various financial services, and they are seeking a Finance Accounting Lead Analyst to ensure the accuracy and integrity of the bank's financial records. The role involves leading efforts in data integrity, general ledger reconciliation, and compliance with accounting standards, particularly in hedge accounting.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Develop and maintain in-depth knowledge of Finance industry trends

Contribute to the directional strategy of the Finance function, anticipating the impact to daily work and the business

Evaluate and resolve complex issues and select the best action by weighing various alternatives and balancing potentially conflicting needs

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

ASC 815 hedge accounting subject matter expert for certain Treasury fair value, cash flow, or net investment hedge programs responsible for:

Hedge program governance, ensuring adherence to the hedge program requirements, hedge documentation and controls

Application of accounting standards, monitoring hedge metrics including effectiveness regressions, reviewing daily measurement of hedge ineffectiveness, hedge volume levels, among others

Review new hedge designation and hedge de-designation and validate that transactions are conducted following the ASC 815 guidelines

Manage monthly USGAAP reporting including preparation of journal entries and completion of deliverables such as regulatory reporting and 10Q/K requirements

Participate in discussions with trading desks, accounting policy and other stakeholders on business and product initiatives and advise on accounting and infrastructure implication of proposals

Perform tie-outs of derivatives disclosures on a quarterly basis

Represent as hedge accounting subject matter expert in initiatives in response to new regulations, new transactions, and technology implementation

Perform control and operational risk management functions through regular risk assessments and implementation of robust internal control activities

Streamline and enhance existing processes to achieve greater efficiency and a stronger control environment

Participate in reviews with external auditors, internal audit and other regulators

Qualification

Hedge accountingCPAUSGAAP reportingDerivative instrumentsMicrosoft OfficeRisk managementFinancial reportingProcess improvementWritten communicationVerbal communication

Required

6-10 years of relevant experience

Consistently demonstrates clear and concise written and verbal communication

Knowledge of derivative instruments and the accounting for them (including hedge accounting)

Proficient in Microsoft Office

Bachelor's degree in Accounting

Preferred

CPA preferred

Master's degree preferred

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1386)

2024 (849)

2023 (1375)

2022 (1117)

2021 (876)

2020 (901)