Product control- Analyst

1203 Barclays Global Serv. Cent; Chennai District; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Barclays Global Service Centre in Chennai is seeking a Product Control Analyst to ensure the completeness and accuracy of books, P&L, and balance sheet substantiation and reporting.

You will monitor trading activity for policy compliance and provide management with technical and operational analysis of the unit. This role involves working closely with Front Office, Financial Control, IT, and other functions.

Qualifications

• Proficiency with MS Office tools (Word, Excel, PowerPoint).
• Professional accounting qualification (CA/CPA or equivalent).
• Excellent written and verbal communication, able to present to regional and global teams.
• Strong ability to identify control gaps and improve processes.

Responsibilities

• Manage preparation and presentation of accurate financial statements and records.
• Identify, assess, and mitigate financial risks; report to senior colleagues.
• Develop and maintain internal controls to safeguard assets and data integrity.
• Develop and implement updated financial policies and procedures.

Skills

MS Office toolkit

Qualified accountant

Communication & presentation

Control awareness

Job description

Purpose of the role

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

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.

Analyst Expectations

To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement. Requires in-depth technical knowledge and experience in their assigned area of expertise Thorough understanding of the underlying principles and concepts within the area of expertise They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. 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 develop technical expertise in work area, acting as an advisor where appropriate. Will have an impact on the work of related teams within the area. Partner with other functions and business areas. Takes responsibility for end results of a team’s operational processing and activities. Escalate breaches of policies / procedure appropriately. Take responsibility for embedding new policies/ procedures adopted due to risk mitigation. Advise and influence decision making within own area of expertise. Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct. Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function. Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. Make evaluative judgements based on the analysis of factual information, paying attention to detail. Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. Guide and persuade team members and communicate complex / sensitive information. Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

Barclays Values

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right.

Barclays Mindset

They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Product Control – Analyst role

Join Barclays as a Product control- Analyst role, where you'll play a pivotal role in working with Line PC team for completeness and accuracy of the books and records that comprises of P&L (Profit & Loss) and Balance Sheet substantiation and reporting. At Barclays, we believe in the power of innovation. Your role will be responsible for monitoring trading activity for compliance with various related policies and providing management with technical and operational analysis of the business unit. You will have the opportunity of working closely with Front Office business, Financial Control, Technical Accounting Group, PC Change Management, Technology, and other infrastructure area.

Key Skills

To be successful in this role, you should have below skills:

• Experienced with MS office toolkit.
• Qualified accountant.
• Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and UK / US as part of a global team (written and verbal).
• Strong control awareness – in particular, the ability to identify and elevate potential control breakdowns and to streamline processes in an effective and efficient manner.

Additional valued skills may include:

• Article ship / Industrial trainee in mid to large sized firms.
• Audit exposure in large financial institutions / banks preferred.

Location

This role is based in our Chennai office.

Work Experience & Culture

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.

Future Vision

At Barclays, we don't just anticipate the future - we're creating it.