Job Description Job Purpose:

The EMEA Control Initiatives & Governance (CIG) Team is part of the Controllers organization with reporting lines to the EMEA Regional Franchise Controller and the Global Control Initiatives Head.

The EMEA CIG team support all streams of Finance: Legal Entity Management; Regulatory Reporting (across 54 countries in EMEA), Citi Solution Centre (CSC), Accounting Policy, Planning & Analysis, Treasury, Tax and Financial Planning and Analysis, and operates through three key strategic locations London, Budapest and Dubai.

The resources within the team are subject matter specialists who are dedicated towards design, monitoring and governance of the control framework across EMEA Finance. The teams’ responsibility encompasses providing oversight and support, ensuring consistent governance and control frameworks are applied across the EMEA region.

The mission of the team is to:

• Serve as trusted control advisors who promote and assist in embedding strong internal controls over financial reporting, regulatory reporting across EMEA, and is involved in corporate level control programs such as SOX, COSO & MCA.
• Drive regional governance and ensure adherence to corporate wide Citi policies and standards for Finance.
• Deliver timely, accurate and insightful control analytics to ensure proper attention to remediation efforts and to strengthen the control environment.

Responsibilities:

EMEA SOX Coordination

• Coordinate completion of documentation by end-to-end process owners for all in-scope accounts. Includes automated controls and SOC1 reviews (3rd party suppliers).
• Liaise with the process owners to ensure document requirements are completed as per the timeline and review design of control before submitting to SOX Program Team (SPT). Deep dives will be required to assess design of control and ensure appropriate MCA coverage.
• Educate end-to-end process owners on SOX documentation requirements and gather all evidence and documentation for the reviews.
• Participate in monthly SOX Coordinator calls, provide status updates on documentation completion to the SPT, identify and discuss the control deficiencies or issues related to SOX accounts.
• Liaise with process owners to obtain MCA documentation to support the Quality Control review.
• Where controls breaks are identified, responsible for meeting with the Assessment Unit (AU) Owner or the Business Owners to discuss the break and remediation plan.

Quarterly Disclosure Process (DCQ) for EMEA region

• Coordinate the DCQ requirement and ensure timely completion of the exercise.
• Analyse result and prepares the DCQ presentation to be presented to the EMEA Controller and EMEA CFO.
• Escalate issues on a timely basis
• Participate in the quarterly DCQ coordinator meeting and provide update on the progress and any issues noted.

MCA/ORM Initiatives

• Attend global and regional update calls, control forums etc. to obtain understanding on new topics impacting SOX and communicate to relevant stakeholder.
• Participate and provide support on the completion of the quarterly control review assessment on the SOX related controls.

Control Design and Monitoring

• Manage to resolution control issues with substantial potential impact to the region and help identify operating control deficiencies throughout the region.
• Assist in the control design and monitoring for Regional Finance
• Analyze findings and proposes creative and pragmatic solutions for risk and control problems
• Manage to resolution any control issues with substantial potential impact to the region and help identify operating control deficiencies
• Provide adequate challenge to the core Regulatory Reporting functions to ensure control design is followed while performing production activities
• Apply an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and internal controls over financial reporting.
• Proactive and 'no surprises' approach in communicating and escalating issues; and strength in sustaining independent views.
• Design and roll out a sustainable MIS to track, monitor and follow up progress of actions plans. Suggest raising of Corrective Action Plans CAPs in case of issues

Knowledge and Experience:

• Prior experience in a controls / audit (SOX) / reporting role
• Advanced MS Excel and Access knowledge
• Advanced / Fluent English knowledge
• Good understanding of culture, ethical conduct, governance, risk management and control frameworks in leading international organizations

Skills:

• Strong interpersonal skills are needed to be able to deal with a range of senior/ junior staff across a number of disciplines and across a wide range of countries.
• Stakeholder management
• Ability to communicate with senior managers
• Excellent issue management and negotiation skills
• Ability to analyse & interpret financial information
• Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity

Qualifications:

• CPA or ACCA equivalent
• University / College degree
• Extensive work experience in financial reporting / auditing roles
• Exposure to regulatory reporting and compliance environment
• Financial products knowledge is an advantage

Competencies :

• Displays clear accountability and ownership of issues
• Highly motivated with advanced analytical & problem-solving abilities
• Ability to interpret & implement regulatory guidelines & professional standards
• Demonstrated ability to prioritise and complete tasks within tight deadlines
• Strong professional communication & interpersonal skills
• Strong people leadership skills and ability to influence and initiate change