Financial Administration Audit Support Vice President

Overview

The Financial Administration Audit Support Vice-President oversees the assembly of periodic audit reconciliations of custody and accounting data to aid in the production of investment company (fund) financial and related shareholder and client reports, including semi-annual and annual financial statements and quarterly reports. The VP manages a team of financial administration professionals, works with internal and external clients to design and maintain efficient, effective reporting processes, and maintains a thorough understanding of GAAP and SEC rules and regulations related to Registered Investment Companies. The role includes proactively managing client relationships and continuously seeking process improvements to reduce risk and increase efficiency.

Responsibilities

• Primary point of contact with auditors (as applicable) and clients for annual, semi-annual, and quarterly reports
• Oversee cash reconciliations, security reconciliations and manual entries in the accounting system to ensure accuracy and timely resolution of reconciling items
• Perform monthly general ledger review
• Ensure teams provide high-quality service to clients and respond proactively to internal and external inquiries
• Lead people management activities, including annual performance reviews, hiring, feedback, and training
• Demonstrate advanced understanding of investment types, mutual funds, and financial markets; serve as a resource for the team and department
• Understand the applicable sections of U.S. GAAP related to financial statement presentation and disclosures
• Understand the applicable sections of Subchapter M of the IRC and tax-related financial statement disclosures
• Understand the applicable sections of mutual fund Registration Statements (SEC Form N-1A) related to financial statement presentation and management’s discussion of fund performance
• Encourage continuous improvement to reduce risk and improve efficiency
• Manage projects, lead department initiatives, and participate in committees

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related business field; MBA and/or CPA is a plus
• 7–10 years of mutual fund (or equivalent) financial reporting experience and fund administration experience
• Prior people management experience required
• Comprehensive understanding of investment company financial reporting requirements and disclosures
• Experience with FIS AAIA fund accounting platform is a plus
• Advanced proficiency with Microsoft Office applications, especially Excel
• Experience with Dataiku is a plus

Abilities and Attributes

• Strong leadership and people management skills
• Attention to detail, ability to meet deadlines, and solid organizational skills
• Strong written and verbal communication and interpersonal skills to support client and internal relationships
• Ability to balance team resources and workload effectively
• Willingness to work outside normal hours during peak reporting cycles
• Conduct monthly coaching/feedback sessions with direct reports and hold regular team meetings
• Ability to review and understand contracts and agreements
• Handle escalated issues timely and appropriately
• Oversee projects effectively and promote a positive working environment aligned with Citi culture

Job Family Group: Operations - Transaction Services

Job Family: Fund Accounting

Time Type: Full time

Primary Location: Boston, Massachusetts, United States

Primary Location Full Time Salary Range: $123,360.00 - $185,040.00

In addition to salary, Citi’s offerings may include discretionary and formulaic incentive and retention awards. Citi offers competitive benefits including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages (vacation, sick leave, holidays).

For more details, visit citibenefits.com. Availability may vary by jurisdiction, job level, and date of hire.

Equal Opportunity Statement: Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. If you require a reasonable accommodation to use our tools or apply, please review Accessibility at Citi and Citi’s EEO Policy Statement and Know Your Rights poster.