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25/11 Ruchira
HR at Barclays

Views:9026 Applications:240 Rec. Actions:Recruiter Actions:220

Barclays - AVP - Finance Control (5-10 yrs)

Delhi/NCR/Noida Job Code: 280022

Overall Job Purpose :

Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.

We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We- re one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management.

For further information about Barclays, please visit our website www.barclays.com.

Accounting Reporting and Control has the primary responsibility of ensuring the Balance Sheet integrity of trading, banking & investment products and service entities/strategic business units.

A Financial Control Analyst provides financial competencies to their area of focus. They are seen as subject matter experts in finance topics or systems with a detailed understanding of specific complex financial subjects such as balance sheet, income, costs and provisions. They will utilise their expertise and understanding of financial disciplines to maintain and prepare the general ledger and Financial accounts or to analyse business performance for both finance business partners and line management within Financial control. The job-holder will deputise for their line manager when necessary.

Jobholders have a sound working knowledge of complex consolidation systems (SAP and others) and where the make-up and origin of data is not easy to track. They will be responsible for correcting errors and misstatements, providing input to projects, analysing Change requests and providing Change impact analysis across their area of focus.

Specific Areas of Focus :

- Ownership of accounting and month end process for own speciality technical area (which will consist of multiple SBU's) of focus from an FC perspective (i.e. ensure initial review of month end reports is of sufficient quality to ensure minimal subsequent review points)

- Stakeholder relationship management (e.g. onshore financial control, RBB Financial Operations, Finance Business Partner teams etc)

- SOX compliance and Management Self Assessment Testing

- Maintain Issues logs

- Standard Journal and Allocation Review

- Understand underlying control frameworks which support the multiple SBU's within range of responsibilities

- Act as Subject Matter Expert for on-shore Financial Control Team

- Driver of continuous improvement of the control environment within Personal and corporate bank Financial Control in general and specifically the multiple SBU's within own area

Key Accountabilities & approximate time split :

The jobholder may be required to do the following activities:

Financial Reporting & Accounting Operations - 30%

Competency Level : Core to Intermediate

- Provide expert reference for customers for areas of focus; providing expert help and guidance on a wide range of complex and difficult subjects. By application of their professional knowledge and experience, understand the potential impact of decisions on other areas and interpret requirements.

- Act as a centre of excellence by providing in-depth, specialist knowledge and handling difficult issues that have been escalated.

- Investigates and resolves the more complex problems, issues and queries, liaising with customers, suppliers and other experts, as appropriate.

Business Performance Management - 10%

Competency Level : Core to Intermediate

- Assist line manager in providing an informed view of allocated multiple SBU's, i.e. explaining how individual business area trends are consolidated.

- Provide accurate and timely financial analysis on a wide range of complex technical/business issues in connection with jobholder's area of responsibility, e.g. variances, trends, impact of change initiatives, impact of new accounting regulations and how to account for new areas/ types of business.

Financial Control - 35%

Competency Level : Core to Intermediate

- Provide subject matter expertise to key stakeholders (onshore financial control teams, financial business partners, Finance Operations).

- Keeps up to date with subject matter knowledge and best practice in this area

- Reviews/analyses implications of Finance projects for own area of expertise. Recommends change and raises change requests, as necessary.

- Investigates internal accounting and external reporting implications of new and amended accounts for own area of expertise.

- Has an ongoing program to develop and implement new processes to enable the business to adopt best practice.

- Ensures the integrity of the numbers to enable the attestation process.

Decision Support - 10%

Competency Level : Core

- Actively develops a culture of continuous improvement within own sphere of influence (regularly reviewing processes, procedures and requirements, identifying areas for improvement and implementing resultant changes).

- Ensures that the integrity of the financial data remains within the highest standards, by ensuring that adequate financial and process controls are in place.

- Reviews and authorises change requests taking account of implications for own area of expertise.

- Assesses Change Requests for impact on existing processes and architecture

- Identifies options and design solutions, working with the unit/business Project teams as subject matter experts to optimise services and outputs.

Business Education - 10%

Competency Level : Core

- Provides highly specialist knowledge and support and guidance on all financial processes and procedures to business areas.

- Investigates and resolves problems, issues and queries liaising, with customers, suppliers and other experts, as appropriate.

- Liaises with peer group to ensure consistency of approach.

Team Building : 5%

Competency Level : Core to Intermediate

- Take responsibility for personal performance development, training and career development plans and ensure they are relevant and progressed

Person Specification :

Knowledge and Expertise - Essential :

- Demonstrable thorough and up to date understanding of financial accountancy (including IFRS gained within a financial services environment)

Knowledge and Expertise - Preferred :

- Understanding of the financial services market and the latest thinking and developments in finance gained within a financial services environment.

Experience and Qualifications :

- Accounting qualification- CPA, ACA or ACCA

- The jobholder must have substantial directly relevant experience in a technical financial environment.

- Financial Accounting - experience of financial management

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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