Job Information
Citigroup Strategic Ledger Operating Model Business Analyst in Budapest, Hungary
Are you looking for a career move that will place you in a global financial organization? Then bring your skills in project management, communication and business analytics to Citi’s Strategic Ledger – Process and Target Operating Model Team.
By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
The Strategic Ledger (SL) Program has been established under the wider Citi Finance Transformation agenda. The program strategy is to adopt and implement global standard Oracle SaaS/Cloud based accounting and ledger platform (the “strategic ledger”). The outcome will deliver 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:
Centralized and standardized accounting into global accounting hubs and sub-ledgers.
Implementation of a standard sub ledger and general ledger for the firm.
Replacement of Citi’s current Operating and Reporting ledgers, including those embedded in bank-in-a-box platforms such as Flexcube.
Automation and streamlining of 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 role will sit within the Process, Controls and Target Operating Model workstream supporting the transformation to Citi's Oracle / SaaS platform, including the design and implementation for accounting, ledger and close processes.
What you’ll do
Define and drive the implementation of the Target Operating Model for "run the ledger" and "use the ledger" processes and teams across operations, finance and business, in close partnership with BAU process owners.
Specify detailed target state process maps covering ledger operations, accounting, Ledger and Close processes within the Oracle SaaS environment, and intersections with partner applications (both up and downstream), including required process changes in Front Office and Operations.
Establish 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 / functionality across teams and functions.
Assess and integrate wider business architecture concepts and Op Models into the SL program and in alignment with Citi's enterprise Architecture requirements.
Partner with implementation leads to ensure all operating model and process activities are aligned with overall release and go-live schedules.
Support the preparation and execution of testing for UAT and training and implementation readiness.
Oversight of the creation of new standard operating procedures related to Op Model.
Identify opportunities to drive wider operating model and organizational change ahead of Strategic Ledger implementation.
What we’ll need from you
Bachelors’ degree in Finance, Accounting, Business, Management, Engineering or related field desired.
5+ years of relevant work experience with global corporations and financial services experience gained in Banking or in an associated consulting role.
Background in implementing Technology Enabled Transformation or Digital Transformations in the Financial Services industry.
Experience in large scale Target Operating Model and process design and implementation.
Proven track record of significant organizational transformations and SaaS enabled ERP transformations (Oracle, SAP, Workday).
Proficiency in successfully managing projects and programs through the full project lifecycle, from conception through rollout and ongoing support.
Excellent oral and written communications skills in English.
High proficiency with Microsoft Office Suite, particularly Excel for reporting and PowerPoint for presentation development.
What we can offer you
This role will provide you a wide range of opportunities for your long term career as it gives you an insight into how Finance and Operations teams operate on a daily basis and it helps you develop the network to support your success at Citi.
By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity and paternity leave)
Private Medical Care Program and onsite medical rooms at our offices
Pension Plan Contribution to voluntary pension fund
Group Life Insurance
Employee Assistance Program
Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
Flexible work arrangements to support you in managing work - life balance
Career progression opportunities across geographies and business lines
Socially active employee communities with diverse networking opportunities
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
#LI-MF1
Job Family Group:
Finance
Job Family:
Fin Solutions Dsgn & Implement
Time Type:
Full time
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Citi is an equal opportunity and affirmative action employer.
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