Finance
What is Finance?
Citi Finance is
responsible for supervising all financial reporting and controls
pertaining to the flow of capital into and out of our organization
globally. Citi Finance acts as a strategic partner across all
sectors and works closely with many of the global management teams
in Markets & Banking, Consumer Banking, Citi Alternative
Investments, and the Corporate Center.
Finance and Citi?
Citi Finance acts as a
strategic partner across all business lines and is the support
structure for the entire organization. The Citi Finance team
encompasses a variety of specific functions including Treasury,
Strategy, Business Development, Planning & Analysis, Audit
& Risk Review, as well as Controllers.
How are We Structured?
Finance is comprised
of five major functions:
- Controllers are responsible
for producing the firm's financial reports, for ensuring the
accuracy of the firm's books and records, maintaining
capitalization levels and for meeting regulatory and legal vehicle
reporting requirements.
- Treasury manages the firm’s
funding, liquidity and capital and is responsible for maintaining
Citi’s relationships with credit rating agencies and with
regulators.
- Strategy and Planning is
comprised of Strategy, Planning & Analysis and Risk Strategy.
All three teams work closely together to provide senior management
with the tools they need to optimally allocate human, capital and
investment resources.
- M&A is responsible for
proactively identifying opportunities, performing detailed analyses
and diligence on acquisition targets, and for making
recommendations to Citi's M&A committee and senior business
leaders.
- Tax is responsible for
financial, legal and regulatory tax reporting.
