CIT Group Inc.

Associate, Financial Operations

Location US-NJ-Livingston
Job ID
# Positions
Job Family


Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit


This is an ideal job for an individual who is interested in the project management, implementation and operational maintenance of various Financial/Accounting software applications.


This is an entry level position which will be responsible for documenting, designing, testing, implementing and supporting the General Ledger Accounting Application and providing supporting data to the various Financial Reporting Systems. The individual will have the ability to self-manage their own tasks and the ability to prioritize both the short and long term tasks required on a daily basis. This role will require the ability to work closely with the company’s global accounting staff and technical support staff to ensure that the existing applications are maintained and function correctly. Additionally the role will require the ability to resolve both business process and application issues through the coordination of accounting and technical resources.

The position would be ideal for an individual who has a good understanding of accounting, (1 to 2 years of experience in an accounting department or an accounting or business degree) and a desire to learn how to use, support and implement financial software applications. In addition this position will provide the opportunity to learn project management skills, within a variety of different project implementations and business process re-engineering skills . Additional skills that would be an beneficial but not essential are; experience using and accounting application skills (such as PeopleSoft, Hyperion Essbase/MDM application), international accounting application knowledge; or experience as a team member within a software application implementation project.


This position will evolve to include the ability to work on various projects while continuing to support the daily maintenance needs of the General Ledger application. In addition the future position will provide support for projects which will vary from providing new functionality to existing application to implementing new business process to converting from one financial application to the PeopleSoft General Ledger application, to upgrading the current PeopleSoft General ledger application to a new version.



This position will require the ability to work closely with the accounting staff and technical programming staff to ensure that the existing applications are maintained and functioning correctly.  This position will require the following skills:


  • Business degree, in Accounting, Finance or a business degree related to Information Technology (Mgmt Information Systems)
  • ability to understand accounting business processes related to a software application and to learn an accounting software application as used by the accounting department
  • ability to work with various subject matter specialists (both accounting business processes and application related issues) with in a General Ledger software application
  • the ability to learn how to identify and develop the improvement of current business process and utilize additional functionality with in an accounting software application to achieve these goals. 
  • this position requires a good understanding of accounting ( international accounting knowledge would be a benefit).   
  • experience implementing small projects in utilizing a software application, as a project team member would be a benefit.


Additional skills required for this position would include: 


  • the ability to co-ordinate a small project  (bth technical and functional PeopleSoft resources)  for issue resolution and process improvement (through planning, design and delivery stages)   
  • working/guiding other functional and technical resources while implementing customizations or functional changes with in the General Ledger application
  • strong documentation skills pertaining to business processes and design documents CIT is currently using PeopleSoft Version 8.4, but experience with PeopleSoft version 9.1 or 9.2 and Hyperion Essbase / MDM Version 11, applications would be a valuable asset.



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