Financial Control

Year    Chennai, Tamil Nadu, India

Job Description


Role Title: Director - Financial Control Location: Chennai Overall purpose of role 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. Financial Control has the primary responsibility of ensuring the Balance Sheet integrity of trading, banking & investment products and service entities/strategic business units. The purpose of BBPLC Financial Control director role is to manage and provide full range of financial accounting and control and reporting services for BBPLC Credit and Macro entities. In addition, this director is required to support the senior management, and liaise closely with the other Finance and cross functional FTC teams as well as Group and Regulatory Reporting teams. The person is responsible for supporting / driving development and maintenance of a strong Financial Control framework for Markets business. Key Accountabilities . Complete accountability of the financial statements and notes to accounts across all major reporting hierarchies along with the legal entity controllership for major Group entities. . Manage C&R function encompassing Month end close activities for Group entities Quarterly Analytical Reviews, Enrichment consolidation, notes to accounts preparation Central processes like Daily Leverage, Asset Encumbrance reporting, other Statutory and Regulatory submissions, etc. . Maintain and further enhance the control framework for all the C&R activities, ensuring compliance with Sox and FC Controls. . Accountability for managing end to end standalone external audits and also support Internal review conducted BIA, CCO etc . Preparation and consolidation of Financial review materials for senior management/senior stakeholders. . Create culture of process improvement to ensure robust control environment, adherence to key timelines, delivery of accurate information and set highest standards for the team . Drive standardization, business partnering, end-to-end process ownership, upgrade/enhance analytic capabilities within team using new tools & technology . Collaborate with the teams across Finance to create strategy and drive improvement processes, bringing efficiencies and synergies in FC processes. . As a team leader the purpose of this role is to ensure the team drives and delivers high quality reporting solutions to Finance and Business stakeholders. . Logical and thoughtful approach to work and the ability to multi-task/work under pressure to meet tight deadlines. Pays careful attention to detail, whilst also considering the big picture and wider implications. Stakeholder Management and Leadership . Key stakeholders the team is expected to support include Accountable Executives, CFOs, ExCos and other Senior Management, Group, Business Finance, Regulators, Control office and auditors . Manage and influence a senior stakeholder group including CFOs and business managers. Excellent stakeholder management experience, build strong partnership with Legal Entity Finance and Financial Controllers across Barclays, including Business Finance and Product teams. . Deliver commitments whilst highlighting and addressing any conduct concerns and operating within a robust governance framework. . Manage and deliver large change positively to colleagues, understanding both benefits and potential implications . Create an environment that encourages employee retention, promotes high levels of employee engagement and ensures continuous improvements in employee satisfaction . Embed a culture of regular reviews and performance management aligned to Barclays standards . Serve as a single point of senior management contact for Barclays senior management and local and global stakeholders as appropriate . Set and communicate common business goals and objectives . Leverage and integrate the capabilities of resources across all levels of the firm to accomplish complex objectives . Recruit and retain top talent and ensure that the right HR framework is in place to attract staff at all levels . Constantly review and develop organisational structures that best support our global business line stakeholders Decision-making and Problem Solving . Support team/business units providing expert help and guidance including accounting issues . Support in investigating and resolving problems, issues and queries, liaising with customers as appropriate . Make decisions through understanding detailed requirements and directing teams through to execution . Provide and deliver analysis of key commercial drivers through high quality commentary and insights . Multitasking and prioritisation of key deliverables . Challenge and Drive process efficiencies and improvements to allow more time spent on value added activity. . Set and meet all service level agreements and embed a culture of constant improvement vs control metric measures . Contribute to building new or enhanced process capabilities strategically and operationally oversee transitions while ensuring operating standards with governance, risk, control and compliance being maintained Risk and Control Objective Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards. Person Specification . Commercially minded with significant experience of financial accounting in a large commercial organisation. . Proven track record in effectively managing senior stakeholders and possessing the necessary gravitas to influence, persuade and bring them to consensus. . Highly self-driven, organised and structured and able to prioritise effectively, with previous experience in managing to tight timeframes and budgets. . Intellectually curious with the ability to pre-empt potential issues, identify solutions and drive them through to successful outcomes. . Excellent written and verbal communication skills, with the ability to translate complex data into concise, informative executive summaries. Essential Skills/Basic Qualifications: . Professional accountancy qualification or equivalent relevant experience (CA/CFA/ACCA equivalent). . Minimum 2 years\' experience as a Director. . Strong technical expertise on IFRS. Sound working knowledge of accounting principles and practices. . Significant experience in preparation and handling of audits. . Extensive experience in managing Senior stakeholders (CFOs, ExCos) across multiple geographies, and as act as \'business partner\' whilst maintaining independence. . Highly developed problem solving skills. Demonstration of proposing innovative solutions to problem statements or facilitating SME judgements to arrive at appropriate conclusions . Ability to understand and analyse complex problems and execute a plan to deliver effective tactical and strategic solutions. Desirable skills/Preferred Qualifications: . Experienced professional with significant expertise in the Investment Banking sector. . Process implementation and improvement experience including experience of major structural change. . Good understanding and experience in finance business partnering and performance reporting.

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Job Detail

  • Job Id
    JD3137090
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year