Vice President - Finance Project Management - MUMBAI

Citi Bank

5 - 10 years

Mumbai

Posted: 10/28/2024

Job Description

We’re currently looking for a high caliber professional to join our team as Vice President, Data Utility Project Manager.

Citi has embarked on a multi-year Finance Transformation initiative to implement a new Global Financial Accounting and General Ledger platform that provides a daily ledger in every legal entity, linking ledger balances and contract level reconciliations to our daily settlement records and contractual commitments. The Strategic Ledger program as it is named, selected Oracle Cloud as the technology platform of choice, after a rigorous technical and functional assessment of the firm’s current ledger platforms against leading industry solutions. The new platform provides enhanced technical capability and supports our finance transformation strategy and realization of our Target Operating Model.  The outcome will be a robust global process, governance, and controls to ensure consistent and materially accurate, complete, and timely ledger data and results.

Data Utility Project Manager will be responsible for ensuring consistent tracking of key activities, milestones as well as ensuring appropriate interaction with partner groups and managing the communication of program status. 

The range of activities that are required to be managed will spread across planning, tracking, escalations, milestone tracking etc. 

  • Manage the end-to-end program tracking, reporting and implementation processes, communications and policies, as well as resource planning and financial oversight
  • Diligent tracking of RAID log
  • Be diligent with ensuring an audit trail is kept where key decisions are made.
  • Understand Financial System data flow
  • Identify, mitigate implementation risks, issues, and change requests. Escalate program risks through RAID & PTS to the Program Director, or Program Sponsor
  • Participate in global audits and proactively assess documentation, implement best practices and prepare global team members for audit
  • Oversee cost control, resource control, and global reporting – Identify and escalate any resource constraints and / or capacity issues
  • Facilitate regular program meetings, including weekly meetings, Oversight Committee meetings and other project working groups
  • Track, monitor, and advise respective Committees of status, risks, issues, and other relevant implementation matters
  • Responsible for the day to day management of executing to milestones on multiple complex requirements.
  • Identify stakeholders and key organizations in order to build and manage relationships.
  • Direct the creation of work projects and manage their alignment to organization goals and timelines.
  • Lead the identification and drive resolution of issues, including those outside established projects of work.
  • Work with stakeholders to ensure project scope definition meets business objectives.
  • Work with Project Sponsor to ensure business case/cost benefit analysis is in line with business objectives.
  • Direct the communication of status, issue, and risk disposition to all stakeholders, including senior management, on a timely basis.

Qualifications

  • 12+ years of relevant experience, in financial services with a focus on transformation and project/program management or change management.
  • Knowledge and expertise in Program Management & good understanding of Financial Systems
  • Experience with documentation and audit preparation
  • Knowledge of Oracle, SAP or similar ledger platforms is a plus
  • Experience and demonstrated ability to manage competing priorities in a complex and dynamic environment
  • Strong presentation development skills with excellent PowerPoint & excel skills
  • Knowledge in Jira, Confluence, PTS required

Education:

Master’s degree in Finance, Accounting, Business, Management or other business related field is required

About Company

Citi Bank, officially known as Citibank, is a global financial institution and the consumer division of Citigroup, a leading multinational banking corporation. Established in 1812, Citibank provides a wide range of financial services, including retail banking, credit cards, personal loans, wealth management, and investment banking. With a strong presence in over 100 countries, it serves millions of customers worldwide, offering both individual and business banking solutions. Citibank is known for its digital banking innovations, global reach, and commitment to financial inclusion and economic growth.

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