Country Finance Officer and Controller in Luxembourg is a key role working closely with the wider finance team in BENELUX, Austria, Germany and France and across Citibank Europe.
In addition to executing the finance function for the Legal Entities in countries the role is also that of a trusted advisor within the local management team.
Key Responsibilities :
Local Regulatory Reporting & Financial Reporting
Managing relationship with the regulators and ensure integrity and accuracy of financial and regulatory reporting for Luxembourg with strong knowledge over;
IFRS and US GAAP
Central Bank Reporting (Prudential and Statistical Reporting)
Managed Geography and Client centric Reporting
Outlook and Planning process
Managing relationship with authorities and work proactively with the regional tax team and local tax advisors to managed efficiently and report;
Corporate Income Tax (Luxembourg and US)
Compliance with Transfer Pricing regulations including maintaining appropriate documentation
Develop and maintain a strong relationship with external tax advisors and Luxembourgish tax authorities
Controls & Governance
Act as a trusted member of Luxembourg local management team and participate in local governance and Business Review meetings
Deliver a strong control environment and Quarterly Risk Assessments (QRA)
Represent finance and actively participate in all relevant local Governance Committees (CCC, BRCC, ALCO, LEMC, RRGC, ARF)
Support with all internal and external audit reviews
Ensure compliance with all relevant internal policies
Ensure the continued success of the Luxembourg franchise by supporting the CCO
Contribute to developing top tier finance team and demonstrate a culture of excellence
Develop and maintain strong relationships with all internal stakeholders within Finance and business.
Deliver effective oversight over activities covered from offshored locations
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Development Value :
Member of top tier Finance function in one of the world’s leading banks and business partner to country management teams gaining experience working with high performing business professionals, subject matter experts within different disciplines in finance and banking and doing it within global organization.
As Finance specialist you will get exposure and experience from broad range of business activities, while simultaneously building strong technical knowledge on bank products, accounting, taxation and reporting.
Within a global organization the candidate gets to interact with finance specialists around the world daily basis, and successful and ambitious candidates can apply internally to another Citi location globally given all necessary criteria’s are met.
Knowledge / Experience :
CFO, Financial Controller or Finance Senior with extensive knowledge of :
Financial Reporting (US GAAP and IFRS)
Regulatory Reporting (US and / or European preferred)
Tax (experience dealing with tax authorities and advisors)
Banking products and financial instruments offered for Corporate and Private Bank businesses
Experience with managing offshored activities and liaising with external regulators and auditors
Minimum Bachelors’ degree from Finance.
Chartered Accountant or equivalent preferred
Qualification with more than 10 years of experience (multinational experience would be an advantage)
Professional approach and excellent management, financial control and regulatory reporting skills
Excellent communication skills with professional and diplomatic approach Reengineering, project management and process change skills
Ability to engage subject matter experts (internal and external) to address and resolve issues
Ability to adapt to new technologies quickly
Strong skills with Microsoft Office applications
English (French language skills an advantage)
An energetic and highly motivated self-starter with an assertive character, a hands-on approach and who aspires to being a key contributor in a dynamic team environment of professionals
Strong interpersonal and management skills essential
A pro-active decision maker who has the ability to champion Finance initiatives to successful conclusion
Displays clear accountability and ownership of issues and who has strong leadership capabilities, with a focus on staff development and the ability to manage of a team of professionals
Grade : All Job Level - All Job FunctionsAll Job Level - All Job Functions - LU