Barclays India | AVP- Financial Control

Accountabilities

• You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.
• In this role, you will lead Accounting and Reporting for Barclays entities based out of Americas region.
• Management of the preparation and presentation of accurate and timely financial statements, and other accounting records in accordance with the relevant accounting standards, rules and regulations.
• Support in identification, assessment, and mitigation of financial risks, and report on these financial risks to senior colleagues.
• Development and implementation of up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
• Management of the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate financial systems with other enterprise systems.
• Preparation and submission of statutory and regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
• Coordination with external auditors and regulatory authorities in support of audits and examinations.
• Take ownership for managing risk and strengthening controls in relation to the work done.

Requirements

• Experience in handling complex system architecture and data flows with advanced knowledge of downstream reporting requirements.
• Experience in handling setting up of new processes and governance around accounting/reporting to meet the internal and external requirement changes.
• Solid understanding of the control and governance framework for financial reporting within the Banking/Trading domain.
• Excellent cross functional knowledge and Stakeholder engagement skills.
• Experience in managing multiple statutory audits and related governance.
• Exposure in accounting for Banking and Trading/Markets products and desks including deeper understanding of complex structures will have an added advantage.
• Experience in AI/ML and new aged system/technologies like Alteryx will be given preference.
• Experience in leading and delivering change management initiatives around transformation and business restructure like system migration, adopting new tools, business changes etc. will be an added advantage.
• Deep experience in managing controllership (month close processes, account reconciliation and substantiation, disclosures, financial statement preparation/presentation etc.) role for Banking /Trading (investment banking) products within a large-scale Banking and Financial service sector entities.
• Working knowledge of US-GAAP compliance.

Barclays

Barclays is a British universal bank with consumer, corporate and investment banking businesses. Its history goes back to 1690 in London.

Barclays' Indian centres support the group's global operations, finance and technology. Finance professionals typically work in financial control, regulatory reporting, product control, tax and risk.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Banking in India plus large Barclays service centres (including Pune, Chennai and Noida)