Top Compensation Executive leads an organization's compensation department. Champions timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies. Being a Top Compensation Executive is responsible for leading the strategic planning of compensation and equity programs, ensuring those programs align with organizational goals, initiatives, and budgets. Ensures proper collection and analysis of compensation data, including surveys, market research and analysis, and pay equity. Additionally, Top Compensation Executive keeps abreast of regulatory, market, and practice changes and trends. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to top management. The Top Compensation Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Compensation Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
The Finance Acctg Sr Group Manager manages multiple teams through other managers. In-depth understanding of how own sub-function contributes to achieving the objectives of the function. A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an intergral member of the functional leadership team within a country/site location, job family, or line of business.
Responsibilities:
Qualifications:
Education:
Oversight of completeness and accuracy of compensation and benefit accounting activities across the firm (other than BAU payroll)
People management for 15 FTE
Partner with HR to secure funding and implement any technology enhancements across shared systems e.g., iComp, ECDW, RMS
Coordinate and communicate with Regional Controller contacts for all
Partner with Accounting Policy to monitor and implement any changes to US GAAP and SEC regulations for Comp & Benefits including SEC Clawback rule, Human Capital disclosures
Manage relationship with and oversight of FRSS Mumbai team (31 FTE)
Partner with HR, legal and SEC Reporting on Proxy Statement disclosures
Oversight of Risk & Control activities for Comp & Benefits areas
Oversight of Balance Sheet Reconciliation activities for Comp & Benefit areas
***PLEASE TAKE NOTE OF THE FOLLOWING***
* Hybrid schedule: 2-3 days in office and the remainder remote (specific details depend on location & business group and ). This is not a "remote only" role.
* We are NOT considering sponsorship applications at this time
* Relocation is NOT provided for this role
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Financial Accounting------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In addition to salary, Citis 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 citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Mar 21, 2024------------------------------------------------------
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