Financial Controller - AVP

1203 Barclays Global Serv. Cent; Chennai District; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Barclays in Chennai seeks a Financial Controller – AVP to lead the preparation and presentation of accurate, timely financial statements and related records in line with IFRS and regulations.

You will strengthen internal controls, assess and report financial risks to senior management, and liaise with auditors and IT to integrate financial systems across the enterprise.

The role requires a qualified accountant with post-qualification experience, strong Excel, and SAP or Hyperion knowledge.

Qualifications

• Qualified Accountant – ACA, CIMA, ACCA or equivalent.
• Bachelor degree with 1st/2nd class honours from a reputable institution.
• Post-qualification experience.
• Experience in month-end or quarter-end focused reporting.
• Knowledge of IFRS accounting principles.
• Strong Excel skills.
• Experience with SAP or Hyperion.
• Strong analytical and problem-solving abilities.
• Strong control awareness.
• Persuasive and able to close issues.

Responsibilities

• Prepare and present accurate, timely financial statements and accounting records in line with IFRS and regulations.
• Identify, assess, and mitigate financial risks; report to senior colleagues.
• Develop and maintain internal controls to safeguard assets and ensure data accuracy.
• Develop and implement up-to-date financial policies and procedures for consistent practices.
• Manage selection, implementation, and maintenance of financial systems; collaborate with IT to integrate systems.
• Coordinate with external auditors and regulatory authorities for audits/exams.

Skills

Excel

Analytical skills

Financial controls

Stakeholder engagement

Communication

Problem solving

Leadership

Education

ACCA/CA/CIMA or equivalent

Bachelor degree with honours

Tools

SAP

Hyperion

Job description

Job Description

To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting.

Purpose of the role

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 maintenance of a robust system of internal controls to safeguard assets, ensure that there is no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps. 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.

Accountabilities

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 maintenance of a robust system of internal controls to safeguard assets, ensure that there is no fraudulent misreporting, and ensure the accuracy of financial data, including regular assessment of the effectiveness of internal controls addressing any weaknesses or gaps. 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.

Assistant Vice President Expectations

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions. Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are:

• L – Listen and be authentic
• E – Energise and inspire
• A – Align across the enterprise
• D – Develop others

OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes. Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues. Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda. Take ownership for managing risk and strengthening controls in relation to the work done. Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy. Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively. Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience. Influence or convince stakeholders to achieve outcomes.

Financial Controller – AVP at Barclays

Join us as a Financial Controller - AVP at Barclays, where you'll take part in the transformation of our digital ecosystem in the Mortgages domain, promoting innovation and excellence. You'll harness cutting edge technology to revolutionize our digital offerings, ensuring unparalleled customer experience.

Qualifications and Experience

• Qualified Accountant – ACA, CIMA, ACCA.
• Strong academic background – 1st /2nd class honours, minimum bachelor degree from a reputable institution.
• Post qualification experience.
• Experience in a month-end or quarter-end focused reporting role.
• Knowledge and understanding of the key accounting principles under IFRS.
• Strong excel skills.
• Experience of having worked in a Group reporting role focused on external reporting.
• Previous experience with having used either SAP or Hyperion.
• Good analysis and problem solving skills.
• Strong control awareness.
• Polite and pleasing.
• Persuasive until closure of issues.

Highly Valued Skills

• Good stakeholder engagement skills and understanding & executing their requirements / expectations.
• Enthusiastic, motivated, self-starter, pro‑active and a team player.
• Strong interpersonal skills and excellent communicator.
• Willingness and ability to take ownership of issues and manage through to a successful resolution.
• Eye for detail and exception track record in managing and resolving conflict situations.

Additional Desired Skills and Assessment Areas

• You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job specific technical skills.

Location

The role is based out of Chennai.

Company Culture & Work Experience

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.