×
Register Here to Apply for Jobs or Post Jobs. X

Finance Accounting Lead Analyst - Hedge Accounting

Job in Hawthorne, Passaic County, New Jersey, 07506, USA
Listing for: Citi
Full Time position
Listed on 2026-01-24
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Compliance, Financial Analyst, Corporate Finance
  • Accounting
    Financial Reporting, Financial Compliance, Financial Analyst
Salary/Wage Range or Industry Benchmark: 100000 - 125000 USD Yearly USD 100000.00 125000.00 YEAR
Job Description & How to Apply Below

The Finance Accounting Lead Analyst participates is a senior level position responsible for leading efforts that ensure the completeness, accuracy and integrity of the bank's books and records in coordination with the Finance team. The overall objective of this role is to drive efforts to control and support data integrity and general ledger reconciliation, profit attribution and new activity analysis, valuation control and product P&L and balance sheet reporting.

Responsibilities
  • Develop and maintain in-depth knowledge of Finance industry trends
  • Contribute to the directional strategy of the Finance function, anticipating the impact to daily work and the business
  • Evaluate and resolve complex issues and select the best action by weighing various alternatives and balancing potentially conflicting needs
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications
  • 6-10 years of relevant experience
  • Consistently demonstrates clear and concise written and verbal communication
  • Knowledge of derivative instruments and the accounting for them (including hedge accounting).
  • CPA preferred
  • Proficient in Microsoft Office
Education
  • Bachelor’s degree in Accounting
  • Master’s degree preferred
Hedge Accounting Responsibilities
  • Hedge program governance, ensuring adherence to the hedge program requirements, hedge documentation and controls.
  • Application of accounting standards, monitoring hedge metrics including effectiveness regressions, reviewing daily measurement of hedge ineffectiveness, hedge volume levels, among others.
  • Review new hedge designation and hedge de-designation and validate that transactions are conducted following the ASC 815 guidelines.
  • Manage monthly USGAAP reporting including preparation of journal entries and completion of deliverables such as regulatory reporting and 10Q/K requirements.
  • Participate in discussions with trading desks, accounting policy and other stakeholders on business and product initiatives and advise on accounting and infrastructure implications of proposals.
  • Perform tie‑outs of derivatives disclosures on a quarterly basis.
  • Represent as hedge accounting subject matter expert in initiatives in response to new regulations, new transactions, and technology implementation.
  • Perform control and operational risk management functions through regular risk assessments and implementation of robust internal control activities.
  • Streamline and enhance existing processes to achieve greater efficiency and a stronger control environment.
  • Participate in reviews with external auditors, internal audit and other regulators.

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit  Available offerings may vary by jurisdiction, job level, and date of hire.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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 w Citi’s EEO Policy Statement and the Know Your Rights poster.

#J-18808-Ljbffr
To View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
 
 
 
Search for further Jobs Here:
(Try combinations for better Results! Or enter less keywords for broader Results)
Location
Increase/decrease your Search Radius (miles)

Job Posting Language
Employment Category
Education (minimum level)
Filters
Education Level
Experience Level (years)
Posted in last:
Salary