• Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Citi Australia
  • 2018-07-22

Systems Accountant

Systems Accountant

  • Primary Location: Australia,New South Wales,Sydney
  • Education: Bachelor's Degree
  • Job Function: Business Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18030655


Description

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
The Systems Accounting team is accountable for ensuring that financial information is accurate and timely, allowing Finance and the Consumer Business to meet their business and customer requirements. The team owns and maintains accounting parameters in all product processors and transactional systems for the Consumer Bank in Australia
This role is critical to the financial management of the Consumer Business internally as well as externally to both the Regional Head Office (Singapore) and Global Head Office (New York).  The role requires a very strong level of technical expertise combined with solid commercial acumen to ensure the business is fully supported regarding accounting systems requirements
A key focus of the role will be ensuring that robust processes and systems are in place, and that all systems are leveraged to ensure the production of timely and accurate financial information for Financial Control and all Consumer business lines

Key Accountabilities:
  • Ownership and maintenance of GL interface parameters within all sub systems to ensure accounting entries correctly record nature of underlying transactions and comply with Accounting Policy and reporting requirements
  • Project involvement for all product launches and system changes with a financial transaction impact, to ensure General Ledger entries remain correct
  • Ensure timely clearance of Issues
  • Production support for Bank Operations including the investigation, resolution and proactive management of systems accounting issues
  • Enhancements to existing production systems - design, test and implement GL outcomes to ensure control and accuracy of financial transaction postings from sub-systems
  • Make recommendations to strengthen control processes within operational areas
  • Assist teams across the Bank identify and understand system generated accounting entries
  • Work closely with Heads of Finance for each business to ensure priorities are managed with timely and accurate delivery


Qualifications

To be successful in this role you will have:
  • Experience in systems accounting area preferred, with emphasis on project involvement
  • Preference for experience in retail banking environment
  • Excellent computing skills with emphasis on experience in using desktop applications (MSAccess, Excel) to resolve operational accounting issues - active development, rather than passive use is required
  • Understanding of systems accounting flows between various sub-systems and general ledger
  • Knowledge of nature of financial transactions from customer, bank and accounting perspectives
  • Experienced in system and product implementations, including test planning and execution
  • Understand business drivers for various banking product families and how systems accounting can enable reporting and analysis around these drivers
  • Knowledge of industry transaction norms and accounting issues related to same - e.g. interchange, settlement, clearance system
Key Behavioral Competencies:
  • Excellent analytical and investigatory skills
  • Strong levels of forward planning and co-coordinating of activities within the team to ensure team achieves its goals
  • Innovative thinking and problem solving abilities, and focused on continual improvement
  • Ability to identify and lead change
  • Customer service orientated and accountability focused
  • Excellent communication and relationship/partnership building
  • Deadline focused and therefore willing to be flexible to ensure all deadlines are met
  • Comfortable with working in a matrix management environment
  • Very comfortable with managing multiple tasks/requests and being able to prioritize and pro-actively manage customer expectations
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

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