BUK Financial Reporting and Control

SkillSet: MULTIPLE, Reports, Focus, Risk Management, Corporate Banking. Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. At Barclays, we recruit based on merit and are committed to promoting diversity throughout our organisation. About Barclays UK Barclays UK is a personal and business banking franchise with true scale, built around our customers' needs with innovation at its core. It comprises our UK retail banking operations, our UK consumer credit cards business, our UK-based wealth offering, and corporate banking for smaller businesses. With around 22 million retail customers, and almost one million business banking clients, we are a pre-eminent UK financial services provider. Financial Control Accounting Reporting and Control has the primary responsibility of ensuring the Balance Sheet integrity of trading, banking products and service entities/strategic business units. Overall purpose of role 1. Ownership of accounting and month end process for own speciality technical area (which will consist of multiple SBU's) of focus from an FC perspective (i.e. ensure initial review of month end reports is of sufficient quality to ensure minimal subsequent review points) 2. Ownership and Knowledge of Financial Reporting including Notes to accounts to annual report and FinRep reporting forms and tables 3. Stakeholder relationship management (e.g. onshore financial control, RBB Financial Operations, Finance Business Partner teams etc.) 4. SOX compliance and Management Self-Assessment Testing 5. Maintain Issues logs 6. Standard Journal and Allocation Review 7. Understand underlying control frameworks which support the multiple SBU's within range of responsibilities 8. Act as Subject Matter Expert for on-shore Financial Control Team 9. Driver of continuous improvement of the control environment within Personal and corporate bank Financial Control in general and specifically the multiple SBU's within own area Key Accountabilities 1. Financial Reporting & Accounting Operations 35% Provide expert reference for customers for areas of focus; providing expert help and guidance on a wide range of complex and difficult subjects. By application of their professional knowledge and experience, understand the potential impact of decisions on other areas and interpret requirements. Act as a centre of excellence by providing in-depth, specialist knowledge and handling difficult issues that have been escalated. Investigates and resolves the more complex problems, issues and queries, liaising with customers, suppliers and other experts, as appropriate. Have knowledge and understanding of financial reporting from Notes to accounts perspective and understanding the FinRep reporting tables 2. Business Performance Management 10% Assist line manager in providing an informed view of allocated multiple SBU's, i.e. explaining how individual business area trends are consolidated. Provide accurate and timely financial analysis on a wide range of complex technical/business issues in connection with jobholder's area of responsibility, e.g. variances, trends, impact of change initiatives, impact of new accounting regulations and how to account for new areas/ types of business. 3. Financial Control 35% Provide subject matter expertise to key stakeholders (onshore financial control teams, financial business partners, Finance Operations). Keeps up to date with subject matter knowledge and best practice in this area Reviews/analyses implications of Finance projects for own area of expertise. Recommends change and raises change requests, as necessary. Investigates internal accounting and external reporting implications of new and amended accounts for own area of expertise. Has an on-going program to develop and implement new processes to enable the business to adopt best practice. Ensures the integrity of the numbers to enable the attestation process. 4. Business Education 10% Provides highly specialist knowledge and support and guidance on all financial processes and procedures to business areas. Investigates and resolves problems, issues and queries liaising, with customers, suppliers and other experts, as appropriate. Liaises with peer group to ensure consistency of approach. 5. Team Building 10% Take responsibility for personal performance development, training and career development plans and ensure they are relevant and progressed Stakeholder Management and Leadership Key stakeholders will include Finance Business Partners, Risk & Governance Team, Finance Operations Team, Senior colleagues within Financial Control Decision-making and Problem Solving Provide accurate and timely financial analysis on a wide range of complex technical/business issues in connection with jobholder's area of responsibility, e.g. variances, trends, impact of change initiatives, impact of new accounting regulations and how to account for new areas/ types of business. Risk and Control Objective [This section is mandatory for all role profiles and must not be deleted] All Barclays 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 Barclays Policies and Policy Standards Person Specification Knowledge and Expertise - Essential Demonstrable thorough and up to date understanding of financial accountancy (including IFRS gained within a financial services environment) Knowledge and Expertise - Preferred Understanding of the financial services market and the latest thinking and developments in finance gained within a financial services environment. . Experience and Qualifications Accounting qualification- CPA, ACA or ACCA The jobholder must have substantial directly relevant experience in a technical financial environment. Financial Accounting - experience of financial management The Benefits: Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed. Our Culture: Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it. Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager. Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here . For any queries/concerns, please reach out to Ruchira Singh @ruchira.singh@barclays.com