Financial Control Lec Entity Control

Job Title: Financial Control LEC Entity Control
Location: Noida

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

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.

Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.

Hybrid Working

Please discuss the detail of the working pattern options for the role with the hiring manager.

Introduction:
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.

Financial Control has the primary responsibility of ensuring the Balance Sheet integrity of trading, banking & investment products and service entities/strategic business units.

The person responsible for supporting / driving development and maintenance of a strong Financial Control framework
- 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 mínimal subsequent review points)
- Stakeholder relationship management (e.g. onshore financial control, RBB Financial Operations, Finance Business Partner teams etc.)
- SOX compliance and Management Self-Assessment Testing
- Maintain Issues logs
- Standard Journal and Allocation Review
- Understand underlying control frameworks which support the multiple SBU’s within range of responsibilities
- Act as Subject Matter Expert for on-shore Financial Control Team
- Driver of continuous improvement of the control environment within Personal banking Financial Control in general and specifically the multiple SBU’s within own area

What will you be doing?
The key responsibilities of the role include:
Financial Control Processes (50%)
- 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
- Ensuring all processes are completed within the relevant timescales and service levels are maintained
- Assist with ad-hoc projects and reporting requirements as they arise
- Opine on technical queries
- Helping in closure of books of accounts
- Assist 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

Relationship & Stakeholder Management (20%)
- Manage and develop effective relationships with Business Units, other functions in wider finance
- Communicate process changes and share knowledge required to successfully implement necessary changes

Advisory & Consultative (30%)
- Support business units providing expert help and guidance including accounting issues
- Ensure consistency of approach across the Business units

What we’re looking for:
Technical Knowledge
- Demonstrable thorough and up to date understanding of financial accountancy
- Accounting qualification
- CA, CPA, ACA or ACCA, MBA (