Finance Control Specialist

Citigroup Inc. New York , NY 10007

Posted 7 months ago

  • Primary Location: Colombia

  • Education: Bachelor's Degree

  • Job Function: Finance

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 19033896


Coordinate and support the internal control model of Finance, follow up and propose corrective actions over findings and internal controls weaknesses, ensuring an adequate mitigation of the risk and correction of the root causes.

Coordinate/oversight the compliance of policies under the responsibility of Finance/ Controllership related (but not limited) to Issue Management, Citi expenses management Policy, Legal Entity Standard, Balance Sheet Substantiation Policy.

Participate in local, global or regional projects of the Finance Control Initiatives group in order to strengthen and standardize the control models within LATAM (tools, methodologies, procedures, among others).

Internal Control Processes

  • Coordinate local and regional Finance deliverables of MCA process, ensuring adequate and timely monitoring of control tools; and coordinating the fulfillment of the periodic activities of Finance.

  • Coordinate the annual risk assessment (ARA) process, as well as the report of emerging risks

  • Ensure compliance of Issue Management Policy within Finance. Coordinate and monitor the opening of Issues and CAPs within the established dates and directives.

  • Generate action plans to mitigate risk and/or correct issues identified ensuring the correctness of the root cause and its sustainability in the time.

  • Lead the centralization, design and evaluation of controls applicable to all areas of Finance, in order to ensure periodic monitoring over key processes of the area, such as: EUCs, entitlement reviews, fraud risk, mandatory trainings, Regulatory Compliance Matrix, among others.

  • Participate in local, regional or global projects related to MCA/GRC processes.

Other responsabilities:

  • Document the quarterly report of Citi Operating Expense Governance Process

  • Carry out the respective monitoring and control of the exceptions to the CEMP (Blanket exceptions, Registration Forms, Additional Restrictions, Consulting Engagement, among others)

  • Execute the periodic review of expense delegations.

  • Coordinate trainings within the Franchise in order to reinforce the compliance of CEMP.

  • Monitor and update the reportable events established in the LES in a timely manner.

  • Prepare the quarterly presentation of the Legal Vehicle Management Committee

  • Support the biannual attestation process of Legal Entities and manage the necessary requests to guarantee the integrity of the information included in the system of legal entities.

  • Work with BSS regional team in order to ensure timely and appropriate follow-up to red accounts, amounts at risk, quarterly accounts attestation, among others.

  • Monitor and track the resolution of differences identified in the monthly reconciliations process local and corporate completeness.

  • Support other control activities such as the consolidation of Controllership related matters to be presented in the BRCC and Audit Committee.



  • Bachelors' degree in Finance, Accounting, Finance or related field.

  • 3+ years of experience in Finance, Internal Audit, Accounting, Internal Control.

  • Knowledge of Internal Control Models and methodologies (COSO, ERM)

  • Strong communication skills, both written and oral in Spanish/English

  • Strong PC skills in Excel, Word, Power Point


  • A self-starter who proactively seeks to improve existing controls and streamline processes both from a tactical short term viewpoint, and also from a strategic long term perspective, and implement these initiatives to completion.

  • Demonstrated interpersonal skills

  • Ability to work well within a team environment

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Finance Payments Specialist (Cuny Employees Only)

City University Of New York

Posted Yesterday

VIEW JOBS 2/22/2020 12:00:00 AM 2020-05-22T00:00 Job Title: Finance Payments Specialist - (CUNY Employees Only) Job ID: 21692 Location: CUNY School of Public Health Full/Part Time: Full-Time Regular/Temporary: Regular POSITION DETAILS Position Open to CUNY Employees Only. The Graduate School of Public Health and Health Policy (CUNY SPH) is dedicated to providing cutting edge graduate degree programs and to identifying, designing, implementing and evaluating public health initiatives that promote social justice. The mission of the school is to promote public health policies to improve the health of populations. CUNY SPH faculty members are recognized leaders in health policy, community health interventions, epidemiology and biostatistics, and public health informatics, among other areas. Faculty and students are actively engaged in promoting healthy cities in a healthy world. The CUNY SPH is located in a new vertical campus in the heart of Harlem in New York City. Reporting to the Finance Manager of Business Services and Finance, the duties of the Finance Payments Specialist will include, but are not limited to: Accounts Payable: Travel & Expense * SPH liaison with CUNY Central's office team to respond to all inquiries and updates. * Facilitate T&E policy updates as implemented by CUNY – provide end users with system support. * Assist SPH users to obtain CUNYFirst (PeopleSoft) access as needed for A/P functions. * Monitor 'My Wallet' transactions and follow up with end users and administrators to reconcile their travel expenses. * Monitor Travel Authorizations and Expense reports by running queries and following up with end users to process all outstanding reports. * Monitor P and Net Card transactions and assist users with reconciliation. * Resolve payment issues and communicate with faculty, staff and vendors. * Collaborate with accounting staff to process reimbursements. Credit Cards * Administer SPH campus NYS credit cards, including the T, P and Net cards. * Liaison with Citibank to maintain cards, assign new cards and make changes via their online portal. * Upload and monitor all additions, deletions and changes for credit cards to CUNY Central VMU. * Communicate with users to pick up their credit card and sign off on their responsibilities for usage. * Review and communicate with credit card users to ensure charges are accurate and proper so the approval to pay bills can be made to CUNY Central timely. Procurement * Assist with drafting RFQs. * Follow-up with end-users to create receipts in CUNYFirst (PeopleSoft) after goods/services received/performed. * Reconcile procurement, T-Card, P-Card and Net Card accounts in CUNYFirst. College Association * Assist with preparing disbursement documents. QUALIFICATIONS Bachelor's degree and four years' related experience required. A preferred candidates will have: * Knowledge of CUNY business processes and regulations, including CUNYFirst (PeopleSoft), specifically for A/P and Procurement roles. * Knowledge and experience using CUNYFirst (Peoplesoft) systems and modules. * Detail Oriented. * Strong Customer Service skills. * Excellent oral and written communication, analytic and organizational skills. * Ability to communicate with a diverse range of faculty, staff, administrators and vendors. * Ability to multi-task and prioritize. CUNY TITLE OVERVIEW Manages Accounts Payable functions at the College or Unit level. * Oversees day-to-day Accounts Payable activities and staff * Interprets rules and regulations from CUNY, New York State and/or New York City; develops compliance practices and monitors activity * Develops policies and procedures to enhance the effectiveness of payment activities and service levels * Assists in implementing, upgrading, and managing automated payment systems * Reviews data entry activities, identifying and resolving data quality issues * Investigates and reports on payment histories and other information for management * Performs related duties as assigned. CUNY TITLE Higher Education Assistant FLSA Exempt COMPENSATION AND BENEFITS Salary commensurate with education and experience. CUNY's benefits contribute significantly to total compensation, supporting health and wellness, financial well-being, and professional development. We offer a range of health plans, competitive retirement/pension benefits and savings plans, tuition waivers for CUNY graduate study and generous paid time off. Our staff also benefits from the extensive academic, arts, and athletic programs on our campuses and the opportunity to participate in a lively, diverse academic community in one of the greatest cities in the world. HOW TO APPLY * Go to and click on "Employment" * Click "Search job listings" * Click on "More options to search for CUNY jobs" * Search by Job Opening ID 21692 * Click on the "Apply Now" button and follow the instructions. Applications, including the following, must be uploaded to the CUNYfirst job application website: 1) Cover letter 2) Resume CLOSING DATE March 6, 2020 JOB SEARCH CATEGORY CUNY Job Posting: Managerial/Professional EQUAL EMPLOYMENT OPPORTUNITY CUNY encourages people with disabilities, minorities, veterans and women to apply. At CUNY, Italian Americans are also included among our protected groups. Applicants and employees will not be discriminated against on the basis of any legally protected category, including sexual orientation or gender identity. EEO/AA/Vet/Disability Employer. City University Of New York New York NY

Finance Control Specialist

Citigroup Inc.