At a Glance
- Tasks: Join our team to prepare statutory financial reports and support audits for EMEA entities.
- Company: Citi is a leading global bank operating in over 100 countries, with a strong presence in EMEA.
- Benefits: Enjoy competitive pay, flexible work options, private medical care, and extensive learning opportunities.
- Why this job: Be part of a dynamic team, enhance your skills, and contribute to impactful financial reporting.
- Qualifications: A degree in Finance or Accounting, plus 6-7 years of relevant experience and strong communication skills.
- Other info: This role offers continuous career progression and a friendly, inclusive corporate culture.
The predicted salary is between 36000 - 60000 Β£ per year.
Citi, as the leading global bank, is present in 100+ countries, 55 of which are in the Europe, Middle East and Africa (EMEA) region. The Statutory Reporting team is responsible for the preparation of audited financial statements for approximately 70 subsidiaries of Citi in EMEA. The financial statements are prepared under IFRS, UK GAAP or local GAAP.
The Statutory Reporting team works closely with other areas of Finance β Regulatory Reporting, Tax, Treasury and Product Control - to ensure that the results of the individual entities properly reflect the groupβs activities. The team also supports other teams on one-off transactions and specialized accounting issues.
Responsibilities:
- Performing the statutory financial reporting process for selected EMEA entities, with a focus on UK registered companies;
- Preparation of the statutory accounts of selected EMEA entities;
- Active involvement in the external audit of the statutory accounts;
- Review the work of other team members to ensure high quality documentation provided to the directors and external auditors;
- Delivery of statutory accounts to directors, and liaison with the Company Secretarial department to set up related board meetings;
- Subject matter expert of statutory financial reporting rules and disclosure requirements;
- Liaison with EMEA Accounting policy team in determining the accounting and reporting treatment of complex and unusual transactions.
Ideal background:
- University/College degree in Finance, Accounting or Economics β ACCA qualification is an advantage;
- 6-7 years of experience in financial auditing (internal or external) or financial reporting and accounting or controlling;
- Advanced verbal and written communication skills in English;
- Accuracy and attention to detail;
- Planning and organizational skills.
Benefits:
- Competitive compensation package with a wide range of benefits;
- Cafeteria Program;
- Home Office Allowance - for colleagues working in hybrid work model;
- Paid Parental Leave Program - maternity leave 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 colleagues in managing work-life balance;
- Continuous career progression opportunities across geographies and business lines;
- Inclusive and friendly corporate culture;
- Socially active employee communities with diverse networking opportunities.
Your journey and flexible career at Citi begins here β apply now!
Contact Detail:
Citibank (Switzerland) AG Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Statutory Reporting Senior Analyst
β¨Tip Number 1
Familiarise yourself with IFRS and UK GAAP standards, as these are crucial for the role. Being able to discuss specific examples of how you've applied these standards in your previous work will demonstrate your expertise.
β¨Tip Number 2
Network with professionals in the finance and accounting sectors, especially those who have experience in statutory reporting. Engaging with them can provide insights into the role and may even lead to referrals.
β¨Tip Number 3
Prepare to discuss your experience with external audits and how youβve contributed to high-quality documentation. Highlighting your attention to detail and organisational skills will be key during interviews.
β¨Tip Number 4
Showcase your ability to collaborate with different teams, such as Tax and Treasury. Providing examples of successful cross-departmental projects can illustrate your teamwork skills and adaptability.
We think you need these skills to ace Statutory Reporting Senior Analyst
Some tips for your application π«‘
Understand the Role: Familiarise yourself with the responsibilities of a Statutory Reporting Senior Analyst. Highlight your experience in statutory financial reporting, auditing, and your knowledge of IFRS and GAAP in your application.
Tailor Your CV: Make sure your CV reflects relevant experience, particularly in financial auditing and reporting. Emphasise any qualifications like ACCA and detail your communication skills, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the job description. Mention specific examples of your work in statutory reporting and how youβve contributed to audit processes or liaised with external auditors.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is vital in this role.
How to prepare for a job interview at Citibank (Switzerland) AG
β¨Know Your Statutory Reporting Standards
Familiarise yourself with IFRS, UK GAAP, and local GAAP. Be prepared to discuss how these standards apply to the preparation of financial statements, as this will demonstrate your expertise in statutory reporting.
β¨Highlight Your Audit Experience
Since the role involves active participation in external audits, be ready to share specific examples from your past experiences. Discuss challenges you faced during audits and how you overcame them to ensure high-quality documentation.
β¨Showcase Your Communication Skills
Effective communication is key in this role, especially when liaising with directors and auditors. Prepare to provide examples of how you've successfully communicated complex financial information to non-financial stakeholders.
β¨Demonstrate Attention to Detail
Accuracy is crucial in financial reporting. During the interview, mention instances where your attention to detail made a significant impact on a project or report. This will help convey your commitment to quality work.