Female Candidates Preferred Job Title: Vice President Corporate Grade: VP Reports to (Line Manager's Job Title): Director - LEC- Service Entities Controller Direct Reports (if applicable): 5-6 Business Area: Legal Entity Control Department/Function Level 1: Banking and Investment products Department/Function Level 2: Service Entities Primary Location: Noida IAR Role - No Regulated Role - No About Legal Entity Control : - Financial Control 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 - Dynamic working gives everyone at our company the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager. Overall purpose of role : This role is responsible for providing control expertise, assurance and attestations around core numbers reported within the financial statements, direction for Financial Control-based decisions and driving resolution of key business issues: - The strategic direction and decision-making own SBUs (Strategic Business Units)/legal entity - Mmaintain a robust Financial Control environment in own area of focus - Influencing or guiding other areas/projects across or related to Personal Banking and Corporate financial Control; including Personal & Corporate Bank Operations and Banking and Investment Cen Key Accountabilities : Role holder will be commercially astute with the curiosity and ability to understand the implications and significance of the information that they will be managing. Main accountabilities as follows: - Senior stakeholder relationship management - Financial Controller team, Finance Business Partners, and Accounting Operations teams - Ensuring the finance control team provide timely and accurate completion of all month end close activities across all Banking and Investment SBU's including compliance with AO&R policies within SBUs/ Enitity, technical accounting - compliance, advice and query resolution for all Banking and Investment SBUs - Accountable for overview and consideration of all SOX controls owned and operated within SBUs/Enitity - Delivery of - no surprises- reporting by ensuring a proactive approach to the identification and management of Financial Control issues or weaknesses - Liaison point for external auditors for financial control issues in own areas of focus - Ensures FD/CEO has confidence in the control framework in place. - Responsible for proactively identifying continuous improvements to the financial control framework and works to deliver them in a consistent accounting treatment across Banking and Investment products. - Owns and provides fit for purpose commercially focused commentary in the CFO and Balance Sheet review packs - Uses an innovative and fresh approach to critically review all operating processes and provide recommendations for improvements and efficiency savings/reengineering opportunities - Negotiates with the Group Financial Control team and achieves consensus through conflict resolution when dealing with reporting issues raised by them during key reporting periods - Assures the integrity of the products and services provided. - Ensures attestation process for own Banking and Investment products/ Service entities are completed accurately and timely on a quarterly basis. Stakeholder Management and Leadership - Develop performance management strategies, which are supportive of overall business and Group strategy. Utilise external network to provide insights into cost management. Setting targets aligned to external benchmarks. - Understands and can clearly articulate changes against targets set and actively recommends and implements corrective actions. - Develops innovative opportunities to improve processes/products and exceed customer expectations. - Ensure financial strategy communicated effectively across own Banking and Investment products. - Strong relationships in place with all key stakeholders. - Utilises external network to support the education of the Senior business executive on commercial /industry thinking; eg: gaps in knowledge and financial understanding within or across Banking and Investment products. - Prepare material and deliver as appropriate in various situations from induction to senior executive. - To lead and motivate staff, creating an effective virtual team on and off-shore by identifying individual and team development needs and providing coaching and recommending and / or arranging training. - Responsible for developing people and process capabilities to raise the performance bar in own area. - Creates - a right first time culture- and sets quality standards. - Undertake regular performance management, development, coaching and motivation for the Financial Control team in Noida, ensure training plans are created and implemented. - Ensure changes to operational processes within the team are implemented in a timely and effective fashion. Ensure staff concerns regarding process change are anticipated, addressed and resolved. - Create and implement succession planning for the team. - Ensure recruitment, where required, is undertaken in a timely and effective manner and ensure smooth induction of new hires in the team. Groom and mentor the team to handle wider span & higher responsibilities. Decision-making and Problem Solving : - Proactively involved in decision making process and evaluation of proposals for Banking and Investment products. - Challenges rationale with clarity and intuition and brings creativity and innovation to alternative solutions. - Can clearly articulate impacts of scenario analysis and put forward solutions/ recommendations for consideration. - Understands benefits of investments; articulates risks, issues and their financial implications. - Sought after for views and ideas and a key member of the senior business management team implementing strategy. - Uses extensive business knowledge, together with breadth of understanding of the wider economic climate and benchmarks to influence business targets. Risk and Control Objective: All colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Policies and Policy Standards Person Specification : Essential Skills/Basic Qualifications: - Strong financial background experience. - Track record in delivering to tight deadlines under pressure - Formal accounting or business qualification e.g. ACMA, ACA, ACCA,CPA or equivalent Desirable skills/Preferred Qualifications: - Understanding of Sox - Understanding of SAP/Hyperion and other reporting tools - Experience of working with Senior Management including Senior Executive level.

Noida

Vice President - Legal Entity Control 

Vice President - Legal Entity Control  ,Job Description for Vice President - Legal Entity Control  in Barclays in  Noida for (9-15) years of experience. Apply Now!

Job Description for Vice President - Legal Entity Control  in Barclays in  Noida for (9-15) years of experience. Apply Now!