Citibank

EMEA Compensation Accounting Specialist

Recruiter
Citibank
Location
London, Greater London, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
13 Aug 2022
Closes
12 Sep 2022
Ref
21369913
Approved employers
Approved employer
Job role
Accountant
Experience level
Qualified accountant
Job Purpose:
The purpose of this role is to ensure that compensation expenses, in particular Pension and Share Based compensation, are accurately accounted for and reported
to all stakeholders. This will include ensuring that the portfolio has been accounted for correctly, that the correct controls around the portfolio are in place and
working effectively, and that all stakeholders receive the insight that they need.

Job Background/context:
The role is to be the subject matter expert in respect to Pensions and Share Based compensation and requires a qualified accountant with strong technical
accounting skills. This role in London is supported by a FRO team in Mumbai and forms part of the larger UK controllers Team.
The purpose of the role is to ensure that the highest standards of control are applied to the booking of compensation expenses, both from an expense and a
balance sheet point of view. The role is also responsible for providing detailed analysis of expenses to the Regional Reporting team to enable insight into the
compensation expenses to be provided to key stakeholders such as FPandA. The role will require close liaison with a number of key stakeholders including:

- US Finance Global Pension and Share Based Compensation coordinators
- EMEA Regional Reporting Team
- Country Finance Teams
- EMEA Human Resource and Human Resource Support Services
- Coordinating with external Pension advisers (actuaries), and auditors, both internal and external

Key Responsibilities:
• Oversight of monthly, quarterly and annual accounting for and reporting of compensation expenses for both US GAAP and local GAAP requirements.
• Analysis of expenses and insight into the underlying drivers.
• Ensuring that the controls that are in place to ensure complete and accurate reporting, are robust and working effectively.
• Addressing queries from multiple stakeholders.
• Represent Finance in policy/assumption discussions around Pensions and Share Based compensation.
• Close liaison with HR and HRSS to ensure that all changes in remuneration policies are appropriately considered from an accounting/control point of view.
• Finance representative on Regional Pension Advisory Board and annual Senior Retirement Committee.
• Liaison with both KPMG and Internal Audit
• Ensuring that all local statutory (local GAAP) disclosures are complete and accurate.
• Account ownership of compensation balance sheet accounts

Qualifications
Strong, technical CCAB qualified accountant
Educated to degree level
Extensive years of finance experience

Competencies:
- Strong technical accountant
- Willingness to take initiative and offer creative solutions
- Driven and self-motivated
- Very strong inter-personal and team work skills
- Experience of off-shore management
- Attention to detail
- Eager to embrace process improvement
- Ability to prioritise multiple deliverables
- Highest level of integrity due to confidential nature of data used
- Ability to manage and deal with all levels of seniority within the organisation

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective or perspective and uses differences to add
value to decisions or actions and organisational success.

Job Family Group:
Finance

Job Family:
Financial Reporting

Time Type:

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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