Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,843 members, 7,810,253 topics. Date: Saturday, 27 April 2024 at 02:34 AM

Citibank Is Recruiting For Experienced Graduates - Jobs/Vacancies - Nairaland

Nairaland Forum / Nairaland / General / Jobs/Vacancies / Citibank Is Recruiting For Experienced Graduates (25804 Views)

New Job Openings For Experienced Graduates Only / Massive Job Vacacies For Experienced Graduates / Juan Industries Currently Recruiting Experienced Graduates For Employment (2) (3) (4)

(1) (2) (Reply) (Go Down)

Citibank Is Recruiting For Experienced Graduates by tutusaint(m): 10:59am On Oct 15, 2015
Job Title: Chief Financial Officer (CFO)
Job ID: 15093794
Location: Lagos
Job Function: Finance

Job Purpose

To manage the Citi Finance function for Nigeria supporting all Citi Products.
Responsibility for all financial controls and accounting activities, business analysis and strategy, compliance with Local & US Regulatory Reporting requirements, reporting of local and foreign taxes.

Job Background/context:
The role involves being the Nigeria CFO and this role includes reporting to both the Local and US Regulators.
The country has exhibited very strong growth, margin and returns while embedding a very strong and focused control culture.

Key Responsibilities
Daily management of local regulatory reporting activities, financial control related activities:
Overall responsibility for all financial accounting, management information systems, analysis and review of all strategic investment options, local and foreign taxes, local and US regulatory compliance as well as liaison with internal and external auditors and bank regulators
Ensuring that accounting is in compliance with U.S. and IFRS principles and regulatory accounting guidelines and is reported in a timely and accurate manner;

Supervise the finance and controllership functions ensuring that senior management is aware of the control tone in the bank and adequate procedures are in place to manage and evaluate strategic, business, credit and operating risks in the bank. Ensure that Nigeria fully implements and complies with LRRD.

Position as Trusted Advisor to the CCO and Business heads in order to drive the business financial performance and embed an appropriate performance management framework to enable the business to succeed: Analytical analysis, approval and presentation of financial statements, and management profitability reports for internal and external use.
Participate in the formulation of the Country Strategic Plan and Objectives and coordinate the effort on budgeting and planning for the country. Work closely with the Cluster Planning and Analysis Team to ensure that analysis on the Nigeria financial information is accurate and value added.

Actively participating in the following franchise committees: Country Coordinating Committee (CCC), Business Risk, Compliance and Control Committee (BRCC), Asset and Liability Committee (ALCO), Local Regulator Reporting Governance Committee (LRRGC), Account Review Committee (ARC)

Participate in Regional Finance initiatives and rollouts, as well as the Africa Finance project initiatives
Responsible for effective leadership, training and development of staff within the Finance function.
Responsible for the Finance Management Control Self-Assessment (MCA) process, including design and implementation of the control framework, the quality assurance of the control file process, analysis of key risks identified, assessing the adequacy of corrective actions and following up of the implementation and appropriateness of corrective actions.Responsible for the controls over the balance sheet and ensuring balance sheet control conforms with the Global best practice

Ensure all financial input to the Board processes are timely, robust and complete, meeting any regulatory standards.
Ensuring that appropriate internal and external audits and examinations are conducted successfully, as well as ensuring that the tracking of corrective actions for these audits is diligently performed.
Develop a working relationship with the regulators, tax advisors and statutory auditors, anticipating and informing the CCO of significant regulatory developments and helping to create and implement strategies to bring about desired changes;
Chairing the Legal Entity Management Committee and managing the compliance with Citi’s Legal Entity Management Policy (“LEMP”)

Development Value:
Nigeria is one of the Invest to Grow countries in EMEA and has great future growth strategy. The successful candidate can help shape the future growth and development in this key market.
Excellent opportunity to gain wide knowledge of a diverse range of Business, regulatory and banking environment.
Performance Management and exposure to Business Management
Exposure to both internal, external and Regulatory audit


Qualifications

Knowledge/Experience:
Minimum 10 years post qualification experience in Finance & Performance Management roles within the Financial Services Industry, 5 of which must have been at Senior Management level
Previous experience as CFO or Financial Controller in Finance Department of an internationally reputed bank
Sound understanding of Financial Control, Internal Control, Operational Risk Mgt., Regulatory Reporting, Financial and Management Accounting and FP&A desirable
Good knowledge of corporate and Institutional banking products.

Skills:
Financial accounting expert
Regulatory reporting expert
Strong leadership skills
Strong communication
Tax reporting
Excellent budgeting and planning skills

Qualifications
First degree in any discipline or its equivalent
Chartered Accountant or equivalent – ICAN, ACCA etc.

Competencies:
Strong interpersonal and communications skills
Very strong control skills
Highly motivated self-starter and energetic with hands-on approach
Pro-active decision making with ability to champion Finance initiatives to a successful conclusion
Accountability and ownership
Strong leadership capabilities and ability to lead the overall Finance team through significant change
Excellent teamwork and project management skills
Excellent planning and execution skills

How to Apply
Interested and qualified candidates should:
Click here to apply online

2 Likes 2 Shares

Re: Citibank Is Recruiting For Experienced Graduates by damiloladuke: 12:12pm On Oct 15, 2015
thanks for the info

I joined Nairaland 2006, though not with this moniker, but this will be my 1st ever FTC, DESPITE always making frontpage...so why did some people want to kill themselves...

[size=14pt]I think say i go see ALERT NI, but i never see any, maybe SEUN is cooking the money...abeg am waiting, na GTB I DEY USE[/size]

2 Likes

Re: Citibank Is Recruiting For Experienced Graduates by elganzar(m): 12:50pm On Oct 15, 2015
Mehn,so close to FTC...next
Re: Citibank Is Recruiting For Experienced Graduates by emmanuel596(m): 12:50pm On Oct 15, 2015
K
Re: Citibank Is Recruiting For Experienced Graduates by doctortope(m): 12:51pm On Oct 15, 2015
Ok
Re: Citibank Is Recruiting For Experienced Graduates by bunmioguns(m): 12:51pm On Oct 15, 2015
cool
Re: Citibank Is Recruiting For Experienced Graduates by obailala(m): 12:51pm On Oct 15, 2015
10 years fresh graduate? undecided

20 Likes 1 Share

Re: Citibank Is Recruiting For Experienced Graduates by ZYZZA: 12:52pm On Oct 15, 2015
Waiting for buhari;s one million jobs
#IHATEAPC #AM A WAILER AND AM PROUD

8 Likes

Re: Citibank Is Recruiting For Experienced Graduates by yorex2011: 12:52pm On Oct 15, 2015
10yrs experience for graduates shocked cry undecided



















Nice one citibank.
Well played
*applauds them and does hopscotch out of thread *

5 Likes

Re: Citibank Is Recruiting For Experienced Graduates by Kceee: 12:52pm On Oct 15, 2015
Cool
Re: Citibank Is Recruiting For Experienced Graduates by tola9ja: 12:53pm On Oct 15, 2015
Month of job for the jobless

1 Like 1 Share

Re: Citibank Is Recruiting For Experienced Graduates by tola9jaa: 12:54pm On Oct 15, 2015
I don get alert
Re: Citibank Is Recruiting For Experienced Graduates by tolexy007(m): 12:54pm On Oct 15, 2015
obailala:
10 years fresh graduate? undecided
i tired oo
Re: Citibank Is Recruiting For Experienced Graduates by NextGovernor(m): 12:54pm On Oct 15, 2015
No hope for fresh graduates in Nigeria. Imagine 10 years experience and what's fresh about that?
Re: Citibank Is Recruiting For Experienced Graduates by Nobody: 12:55pm On Oct 15, 2015
joke of the day
grin grin grin

3 Likes

Re: Citibank Is Recruiting For Experienced Graduates by ebengems(m): 12:55pm On Oct 15, 2015
No be today we begin see them....dem don get their own people already for the advertised slot, that's why you are seeing 10yrs exprience required.


The AutoCAD video tutorial promo is over, thank you all that participated. you can still get it at the same promo price on this window period before weekend from our konga store. place your order now before weekend. check my profile picture and signature for more information!
we deliver nationwide

1 Like

Re: Citibank Is Recruiting For Experienced Graduates by omusiliyu(m): 12:55pm On Oct 15, 2015
Good one
Re: Citibank Is Recruiting For Experienced Graduates by VickyRotex(f): 12:55pm On Oct 15, 2015
cheesy lmao. There's a new definition for fresh graduates.

1 Like

Re: Citibank Is Recruiting For Experienced Graduates by oluseyiforjesus(m): 12:56pm On Oct 15, 2015
Banking job undecided
Re: Citibank Is Recruiting For Experienced Graduates by stano2(m): 12:57pm On Oct 15, 2015
ok
Re: Citibank Is Recruiting For Experienced Graduates by saintTim(m): 12:58pm On Oct 15, 2015
Fresh And Experience Graduates ! undecided undecided
Re: Citibank Is Recruiting For Experienced Graduates by tanidabi: 12:58pm On Oct 15, 2015
When did the job of a CFO become an entry level job.I know abt this posting and am aware Citibank's CFO just left
tutusaint:
Job Title: Chief Financial Officer (CFO)
Job ID: 15093794
Location: Lagos
Job Function: Finance

Job Purpose

To manage the Citi Finance function for Nigeria supporting all Citi Products.
Responsibility for all financial controls and accounting activities, business analysis and strategy, compliance with Local & US Regulatory Reporting requirements, reporting of local and foreign taxes.

Job Background/context:
The role involves being the Nigeria CFO and this role includes reporting to both the Local and US Regulators.
The country has exhibited very strong growth, margin and returns while embedding a very strong and focused control culture.

Key Responsibilities
Daily management of local regulatory reporting activities, financial control related activities:
Overall responsibility for all financial accounting, management information systems, analysis and review of all strategic investment options, local and foreign taxes, local and US regulatory compliance as well as liaison with internal and external auditors and bank regulators
Ensuring that accounting is in compliance with U.S. and IFRS principles and regulatory accounting guidelines and is reported in a timely and accurate manner;

Supervise the finance and controllership functions ensuring that senior management is aware of the control tone in the bank and adequate procedures are in place to manage and evaluate strategic, business, credit and operating risks in the bank. Ensure that Nigeria fully implements and complies with LRRD.

Position as Trusted Advisor to the CCO and Business heads in order to drive the business financial performance and embed an appropriate performance management framework to enable the business to succeed: Analytical analysis, approval and presentation of financial statements, and management profitability reports for internal and external use.
Participate in the formulation of the Country Strategic Plan and Objectives and coordinate the effort on budgeting and planning for the country. Work closely with the Cluster Planning and Analysis Team to ensure that analysis on the Nigeria financial information is accurate and value added.

Actively participating in the following franchise committees: Country Coordinating Committee (CCC), Business Risk, Compliance and Control Committee (BRCC), Asset and Liability Committee (ALCO), Local Regulator Reporting Governance Committee (LRRGC), Account Review Committee (ARC)

Participate in Regional Finance initiatives and rollouts, as well as the Africa Finance project initiatives
Responsible for effective leadership, training and development of staff within the Finance function.
Responsible for the Finance Management Control Self-Assessment (MCA) process, including design and implementation of the control framework, the quality assurance of the control file process, analysis of key risks identified, assessing the adequacy of corrective actions and following up of the implementation and appropriateness of corrective actions.Responsible for the controls over the balance sheet and ensuring balance sheet control conforms with the Global best practice

Ensure all financial input to the Board processes are timely, robust and complete, meeting any regulatory standards.
Ensuring that appropriate internal and external audits and examinations are conducted successfully, as well as ensuring that the tracking of corrective actions for these audits is diligently performed.
Develop a working relationship with the regulators, tax advisors and statutory auditors, anticipating and informing the CCO of significant regulatory developments and helping to create and implement strategies to bring about desired changes;
Chairing the Legal Entity Management Committee and managing the compliance with Citi’s Legal Entity Management Policy (“LEMP”)

Development Value:
Nigeria is one of the Invest to Grow countries in EMEA and has great future growth strategy. The successful candidate can help shape the future growth and development in this key market.
Excellent opportunity to gain wide knowledge of a diverse range of Business, regulatory and banking environment.
Performance Management and exposure to Business Management
Exposure to both internal, external and Regulatory audit


Qualifications

Knowledge/Experience:
Minimum 10 years post qualification experience in Finance & Performance Management roles within the Financial Services Industry, 5 of which must have been at Senior Management level
Previous experience as CFO or Financial Controller in Finance Department of an internationally reputed bank
Sound understanding of Financial Control, Internal Control, Operational Risk Mgt., Regulatory Reporting, Financial and Management Accounting and FP&A desirable
Good knowledge of corporate and Institutional banking products.

Skills:
Financial accounting expert
Regulatory reporting expert
Strong leadership skills
Strong communication
Tax reporting
Excellent budgeting and planning skills

Qualifications
First degree in any discipline or its equivalent
Chartered Accountant or equivalent – ICAN, ACCA etc.

Competencies:
Strong interpersonal and communications skills
Very strong control skills
Highly motivated self-starter and energetic with hands-on approach
Pro-active decision making with ability to champion Finance initiatives to a successful conclusion
Accountability and ownership
Strong leadership capabilities and ability to lead the overall Finance team through significant change
Excellent teamwork and project management skills
Excellent planning and execution skills

How to Apply
Interested and qualified candidates should:
Click here to apply online

1 Like

Re: Citibank Is Recruiting For Experienced Graduates by 247notire(m): 12:58pm On Oct 15, 2015
Lalasticlala please now, stop letting things with very misleading titles get to homepage. It's not fair, the topic has nothing to do with fresh graduates for pete's sake! CFO is top management job. More grease to ur elbow...

1 Like

Re: Citibank Is Recruiting For Experienced Graduates by sexaddict08(m): 12:58pm On Oct 15, 2015

1 Like

Re: Citibank Is Recruiting For Experienced Graduates by KOLZY(m): 12:59pm On Oct 15, 2015
obailala:
10 years fresh graduate? undecided
I thought I was the only one who noticed it...

Where on earth would you find a fresh grad with a minimum of 10 years.... All those qualification does not match any description oh.

Don't worry I will pass. Buhari has promise us 1 million job.
Re: Citibank Is Recruiting For Experienced Graduates by Dandeson1(m): 12:59pm On Oct 15, 2015
.NIGERIANS..HOW CAN YOU BE LOOKING FOR FRESH AND EXPERIENCED GRADUATES, Which kind country be dis undecided.

1 Like

Re: Citibank Is Recruiting For Experienced Graduates by ITSaWRAPPP: 1:03pm On Oct 15, 2015
Thanks for sharing.

CitiBank appears to be a good entity to work with, Nairalander, kindly take your chance. All the best.

@Op, ten (10) years experienced employee is no longer a fresh graduate o grin

Fellow Nairalanders, please check out our incredible offer below. Let's dress you for your DREAM JOB

(1) (2) (Reply)

N-power Batch C Shortlist: 5 Steps To Check Your N-power/nasims Verification / EFCC's Derogatory Recruitment Exercise: A Process Striping Women Of Dignity / Top5 Questions You Should Never Leave An Interview Without Asking An Interviewer

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.