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Germany and CGME Reporting Lead, Director

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Citi

3d ago

  • Job
    Full-time
    Expert Level
  • Accounting & Tax
    Banking & Finance
  • Frankfurt

AI generated summary

  • You should have strong finance leadership experience, regulatory knowledge, analytical skills, fluency in English (German is a plus), and a relevant degree or professional qualification.
  • You will oversee financial and regulatory reporting for Germany, ensuring accuracy and compliance while leading teams, managing audits, and driving efficiency and automation in reporting processes.

Requirements

  • A Strong Finance professional with experience in Finance leadership role in highly regulated entity.
  • Proven leadership skills, preferably in a similar complex organization.
  • Successful track record in executing complex projects and regulatory deliverables and in-depth knowledge of key regulations impacting Finance and regulatory reporting.
  • Experience in dealing with regulators i.e. BaFin, Bundesbank, ECB, SRB as well as external auditors.
  • Exceptionally good analytical and technical skills.
  • Fluent in English in both speech and writing, fluency in German is an advantage.
  • Understanding of US and local accounting principles and regulatory reporting requirements.
  • At minimum Bachelors’ degree from Finance or Accounting.
  • Professional qualifications such as ACA, ACCA, CIMA or equivalent, would be beneficial.
  • A high caliber individual with strong leadership and communication skills.
  • Self-starter who proactively seeks streamline processes both from a tactical short-term viewpoint, and also from a strategic long-term perspective, and implement these initiatives to completion.
  • Strong interpersonal skills, ability to negotiate and influence.
  • Analytical thinking.

Responsibilities

  • Primary responsibility for overseeing financial and regulatory reporting activities for Germany, covering all legal entities domiciled in the country.
  • Lead the Statutory, Financial and Regulatory Reporting team within Germany Controllers Finance team utilizing synergies with Citi Solution Centre teams in Budapest and Warsaw, leveraging and encouraging diverse perspectives and individuals.
  • Ensure timely and accurate financial and regulatory reporting for all entities domiciled in Germany.
  • Maintain strong control, governance and ensure accurate implementation of local regulatory and statutory reporting requirements for complex fast growing entities including risk taking books and advanced models’ application.
  • Oversight over the reporting process for all internal and external stakeholders, including regulators, local and management.
  • Main contact for questions arising from regulators (ECB, Bundesbank & BaFin) around reporting related to both the Broker-dealer the Bank Chain Entities, work with external and internal auditors.
  • Close cooperation with other teams in Citi to maintain and improve country oversight on outsourced production activities.
  • Cooperate with Capital Planning, Recovery & Resolution Planning, Treasury, Tax and Planning & Analysis teams to deliver excellence in financial reporting.
  • Support CFO/Controller and Management Board with timely analysis and deliverables to support Franchise priorities.
  • Drive efficiency, automation, and right-placements of reporting activities.
  • Lead Change, proactively develop solutions to ensure efficient use of Citi’s financial resources.

FAQs

What is the primary responsibility of the Germany and CGME Reporting Lead, Director?

The primary responsibility is to oversee financial and regulatory reporting activities for Germany, covering all legal entities domiciled in the country.

What teams will the Germany and CGME Reporting Lead cooperate with?

The role requires close cooperation with teams including Capital Planning, Recovery & Resolution Planning, Treasury, Tax, and Planning & Analysis, as well as utilizing synergies with Citi Solution Centre teams in Budapest and Warsaw.

What qualifications are required for this position?

A minimum Bachelor's degree in Finance or Accounting is required, while professional qualifications such as ACA, ACCA, CIMA, or equivalent are beneficial.

What languages are required for this position?

Fluency in English in both speech and writing is required, and fluency in German is considered an advantage.

What is the location of the job?

The position is located in Frankfurt, Germany.

Who are the main stakeholders the Reporting Lead will communicate with?

The Reporting Lead will communicate with internal and external stakeholders, including regulators such as ECB, Bundesbank, and BaFin, as well as external auditors.

What skills are essential for this position?

Essential skills include strong leadership, effective communication, analytical thinking, and the ability to coordinate with a wide range of people across different functions and levels of seniority.

Are there opportunities for professional development in this role?

Yes, the role offers development value through gaining an in-depth understanding of finance processes, regulatory reporting, and the opportunity to influence and lead change.

What type of work environment can be expected?

The work environment is dynamic and fast-paced, requiring effective implementation of local regulatory and statutory reporting requirements in a highly regulated entity.

Is there a commitment to diversity and equal opportunity in hiring?

Yes, Citi is committed to being an equal opportunity and affirmative action employer, considering qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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Citi

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.