Analyst - Central Fixed Asset team
7 days ago
Job Description Join us as an Analyst - Central Fixed Asset team, where you'll play a pivotal role in working with Cost team in the development and implementation of business unit financial strategies, plans and budgets, using insights to evaluate the financial implications of strategic initiatives and recommend appropriate actions. You will also Support to business units in identification,assessment,and mitigation of financial risks, including provision of training and guidance to business units on financial risk management and compliance. To Be Successful In This Role, You Should Have - Bachelor's degree in accounting, Finance, or a related field (CA/ICWA/MBA Finance preferred). - Relevant experience in fixed asset accounting / general accounting roles. - Experience in a shared services or corporate accounting environment is an advantage. - Strong knowledge of accounting principles and fixed asset lifecycle. - Experience with ERP systems & other tools (e.g., SAP, ETA, Coupa , GBS , BDP & ORAC etc). - Proficiency in MS Excel and data analysis. - Attention to detail and high level of accuracy. - Strong analytical and problem-solving skills. - Good communication and stakeholder coordination skills. - Strong Excel & PowerPoint skills. - Strong interpersonal skills and excellent communicator. - Understanding of Barclays processes. Some Other Highly Values Skills Include - Ensure accuracy and transparency in financial reporting as per governance requirements, including documentation and certification of controls. - Prepare asset-related disclosures and schedules. - Ensure timely capitalization of projects and accurate CWIP monitoring. - Ensure adherence to Economic Transfer Agreements (ETA) validating cost allocation and asset ownership in intercompany or cross-entity transfers. - Conduct periodic physical verification, asset tagging, and reconciliation to ensure accuracy between records and physical existence. - Maintain the fixed asset register in accordance with company policies and applicable accounting standards (e.g., IFRS, GAAP). - Support statutory, internal, and tax audits by preparing detailed schedules, reconciliations, and audit documentation. - Coordinate closely with auditors and provide explanations for asset and depreciation movements etc. - Ensure system testing's of ETA /SAP from time to time or as per requirements. - Ensure compliance with internal controls and contribute to process improvement initiatives. - Knowledge of automation tool i.e. Alteryx , Power BI. You may be assessed on the 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. This role will be based out of Noida. Purpose of the role To provide financial expertise and support to specific business units or departments within the organisation, and act as a liaison between the finance function and various business units, helping to bridge the gap between financial data and business decisions. Accountabilities - Development and implementation of business unit financial strategies, plans and budgets, using insights to evaluate the financial implications of strategic initiatives and recommend appropriate actions. - Development of financial models to forecast future performance,assess investment opportunities,and evaluate financial risks for business units, and to analyse the impact of business decisions on financial performance and provision of recommendations. . - Cross functional collaboration to provide financial insights and guidance to business unit stakeholders. - Identification of opportunities and implementation of financial process improvements that streamline financial operations. - Support to business units in identification,assessment,and mitigation of financial risks, including provision of training and guidance to business units on financial risk management and compliance practices. - Analysis and presentation of financial data to provide insights into business performance,identify trends,and support decision-making. Analyst Expectations - 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. 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. They will also be expected to demonstrate the Barclays Mindset to Empower, Challenge and Drive the operating manual for how we behave.
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