
Cost Ledger
6 days ago
Job Title: Cost Ledger - AVP
Location: Chennai
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.
If you would like some flexibility, then please discuss this with the hiring manager.
Introduction:
- The purpose of this role is to support all aspects of the cost agenda for the In-Business Cost team in Chennai and various Finance stakeholders across globe.
- The role is responsible for supporting the In-Business Cost team for outputs which feeds into Group Reporting, Senior Management Reviews, Cost Review Decks and Investor Relations Review.
- This role is also to ensure the integrity and accuracy of overall cost reporting, including ability to run key cost numbers from various tools/sources used across Barclays Group.
- This role will participate in preparing actual, outlook submissions into the Group Reporting team and ad hoc stakeholder requests
What will you be doing?
- Run Month-end close including Flash consolidation and reporting
- Produce standard actual reporting/analysis
- Contribute to outlook preparation
- Reconcile monthly balance sheet postings and attest in the internal Barclays portal (Inform) with proper substantiation
- Perform controls & checks to ensure data accuracy
- Ensure timely and efficient business delivery
- Maintain hierarchy and incorporate all changes as and when required
- Automate manual BAU processes to improve productivity where possible.
- Coordinate with FC Team and FBPs to fix the system breaks
- Ensure adherence to SLAs.
- Ensure adherence to governance and risk policies & procedures.
What we’re looking for:
- CA and/or MBA graduates with strong academic record and years’ experience in Accounting / Finance function.
- Those with past experience in large audit firms, or in sizable banking institutions/MNCs, or in a global shared Services environment will be preferred
- Post graduate qualification in a numerate/information discipline is desirable
- Experience in Financial Reporting, Control, Planning and/or Analytics is desirable
- Barclays data and/or analytics experience a distinct advantage
- Highly motivated self-starter with strong planning & organisational skill
Skills that will help you in the role:
- Confident and assertive manner. Develops relationships and manages stakeholder’s expectations professionally
- Displays integrity, initiative, commitment and credibility through interactions with colleagues and clients
- Works well in a team and maintains good relations with team members. Shows enthusiasm and diligence and ensures team motivation is optimized
Control Environment
- Ensure adherence of team control requirements
- Escalates risk and opportunities appropriately
- Has the mindset to strive to identify potential control breakdowns in process, and address them with effective procedure manuals
Where will you be working?
Chennai
Be More at Barclays
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.
Respect
We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We priz
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