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Finance & Operations Lead, Community Investing & Development

New York, United States
Salary Not specified
Closing date
Oct 13, 2021

View more

Position Type
Administrative, Accounting and Finance, Other Administrative
For-Profit Companies, International, Other Fields
Employment Type
Full Time
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Citi’s Community Investing and Development team works to enhance Citi’s positive social impact through equity investing, innovative financial solutions, and strategic philanthropy.

The Finance & Operations Lead is a key member of the Community Investing and Development (CID) Operations & Finance team, reporting to the CID Director of Operations & Finance. The CID team works to enhance Citi’s positive social impact through equity investing, innovative financial solutions, and strategic philanthropy. The SVP will provide oversight of Citi Foundation accounting and CID-wide budgeting, financial tracking and risk and controls.


Foundation Accounting, Bookkeeping, Financial Reporting and Control:

  • Oversee Citi Foundation accounting and manage annual tax filing
  • Manage Foundation’s financial processes, accounting and controls ensuring compliance with GAAP accounting standards, IRS regulations and corporate and foundation requirements
  • Manage SAGE General Ledger and Accounts Payable system and accurately record all accounting entries, process grant payments, perform monthly reconciliations and closings, and manage month end reporting and review
  • Manage the grant payment and accounting process
  • Analyze and present financial reports in an accurate and timely manner; and clearly communicate monthly and annual financial position
  • Manage Foundation cash flow forecasting and analysis
  • Coordinate and lead the annual external audit and tax filing process and liaise with auditors; assess any changes necessary
  • Investigate and assist in recommending potential investment options 
  • Update and implement all necessary business policies and accounting practices in conjunction with the Director of Operations & Finance; improve the Foundation’s overall policy and procedures manuals
Corporate Financial Control, Planning, Reporting and Analysis

  • Manage CID budgeting and financial reporting
  • Ensure that operating and financial targets are aligned with management strategic and operational plan 
  • Develop the annual budget plan and work with the various CID teams to accurately forecast and manage operating expenses 
  • Present recurring budget variance reports to track and reconcile financial targets 
  • Oversee processing of business expenses and expense tracking reports 
  • Interface with procurement and external vendors on service contracts 
  • Ensure adherence to Citi policies and procedures for operational expenses
  • Monitor CEMP changes, communicate changes to staff and be subject matter expert on expense management 
Risk Management and Operations:

  • Conduct productivity and efficiency analyses and drive workflow process improvements and efficiency targets while balancing requirements of staff and regulatory compliance 
  • Provide oversight and guidance to CID business units to develop a best-in-class risk and controls framework across the function
  • Lead cross-functional reviews to ensure business compliance with laws, regulations and Citi policies and procedures
  • Provide subject matter expertise and guidance to CID business units in adherence with Citi compliance and risk requirements such as Citi Screenings, anti-bribery, Manager’s Control Assessment, information security, continuity of business, and records management
  • Manage CID-related internal and external audit efforts and drive business issues and Corrective Action plans
  • Consult CID business units on process improvements and efficiency opportunities that support an enhanced controls environment
  • Ensure adherence with all Citi compliance requirements and initiatives such as Management Control Assessment (MCA), Information Security, COB and Records Management
  • Monitor corporate business practices & policies and develop compliance and control processes 
  • Provide project management expertise to CID business units, including evaluating costs/benefits, making recommendations, developing and overseeing implementation plans


  • Bachelor’s degree required
  • 7+ years of related work experience
  • Nonprofit/Foundation knowledge a plus
  • Excellent project management and problem solving skills
  • Highly proficient in Excel and ability to gain a strong command of new systems
  • Excellent written and verbal communication skills
  • Must be able to work well in a fast-paced environment, be a team player, take direction, and have a keen ability to prioritize
  • Must be detail oriented and organized
  • Good customer service skills

Job Family Group:

Project and Program Management


Job Family:

Program Management


Time Type:

Full time


Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.


View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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