The Benefits Finance VP is a senior level position responsible for leading efforts that ensure the completeness, accuracy and integrity of the bank's books and records and in coordination with various internal and external stakeholders. The overall objective of this role is to drive efforts to control and support data integrity in monthly close and general ledger reconciliation, prepare and review benefits & fringes annual budget and monthly / quarterly forecast, and support annual health & welfare plans financial statements audit.
Responsibilities:
- Manage U.S. domicile benefits & fringe monthly close, including Medical and dental insurance, Pension and post-retirement plans expenses, 401(K) plan expense of employer contributions, Payroll taxes, STD, LTD, Life Insurance, Mobility charges, and benefits program fees.
- Perform monthly reconciliation and substantiation of benefits & fringe journal entries. Analyze Bank vs non Bank charges, rebates, reserves, and analytical review of benefits & fringe trends.
- Prepare monthly calculation of intercompany collection of benefits & fringe charges. Allocation of charges to business units.
- Preparation and review benefits & fringe annual budget and monthly / quarterly forecast. Review supporting documentation from business partners. Review of external actuary forecast reports.
- Support annual health & welfare plans financial statements audit.
- Approve payments for retirement plans.
- Establish consistent processes and a strong control environment and review procedures.
- Build a strong partnership with internal and external stakeholders, including HR Benefits, Payroll, Legal, FP&A, auditors, actuary firms, etc.
Qualifications:
- 7+ years of relevant experience. Compensation experience desired
- High proficiency in MS Office (Excel, Word, PowerPoint) required
- Strong analytical and problem-solving skills, and attention to details
- Clear and concise written and verbal communication
Education:
- Bachelor’s/University degree or equivalent experience
- Master’s degree preferred
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Job Family Group: Finance------------------------------------------------------
Job Family:Financial Accounting------------------------------------------------------
Time Type:Full time------------------------------------------------------
Primary Location:Getzville New York United States------------------------------------------------------
Primary Location Full Time Salary Range:$92,000.00 - $138,000.00
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 citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Most Relevant Skills Accounting Processes and Financial Controls, Assessment, Credible Challenge, Financial Accounting, Management Reporting, Policy and Regulation, Risk Management.------------------------------------------------------
Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:Nov 09, 2026------------------------------------------------------
Automated Processing and AIWe use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents – AI Notice and Right
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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 at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.
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