Logo of Huzzle

Home

Matches

Explore

Manage

AVP

image

Barclays

1mo ago

  • Job
    Full-time
    Senior & Expert Level
  • Accounting & Tax
    Banking & Finance
  • Chennai

AI generated summary

  • You must be a qualified CA/CS with a strong academic background, prior experience in reporting roles, excellent Excel skills, good stakeholder engagement, and strong knowledge of IFRS principles.
  • You will manage financial statements, assess risks, ensure internal controls, develop policies, oversee financial systems, prepare reports, and lead a team to achieve operational effectiveness.

Requirements

  • Qualified Accountant – CA/CS
  • Strong academic background – 1st class honours, minimum bachelor degree from a reputable institution
  • Prior experience, if any in a month-end or quarter-end focused reporting role or control environment based or finance automation skillset based
  • Strong excel skills.
  • Good stakeholder engagement skills and understanding & executing their requirements / expectations
  • Understanding of the key accounting principles under IFRS
  • Strong interpersonal skills and excellent communicator

Responsibilities

  • 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.
  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
  • 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.
  • OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc) to solve problems creatively and effectively.
  • Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
  • Influence or convince stakeholders to achieve outcomes.

FAQs

What is the job title for this position?

The job title for this position is Assistant Vice President (AVP).

Where is this position based?

This role will be based out of Chennai.

What are the basic qualifications required for this role?

The basic qualifications required include being a qualified accountant (CA/CS), having a strong academic background with first-class honors and a minimum bachelor’s degree from a reputable institution, prior experience in a month-end or quarter-end focused reporting role or control environment, and strong Excel skills.

Are there any desirable skills that would be beneficial for this role?

Yes, desirable skills include good stakeholder engagement skills, understanding key accounting principles under IFRS, and strong interpersonal and communication skills.

What are the primary responsibilities of the Financial Controller in this role?

Primary responsibilities include managing financial operations, preparing accurate financial statements, supporting the identification and mitigation of financial risks, and maintaining robust internal controls.

What type of leadership expectations are there for this position?

The expectations include advising and influencing decision-making, leading a team, demonstrating leadership behaviors to create a thriving environment, and collaborating with other functions/business divisions.

What types of reports will the Financial Controller be responsible for preparing and submitting?

The Financial Controller will be responsible for preparing statutory and regulatory reports for authorities and providing support to other departments in their preparation and review of regulatory reports.

Will I be working closely with other departments and functions?

Yes, collaboration with other areas of work and support functions is an essential part of this role to align with business activities and strategy.

Is there an emphasis on risk management in this role?

Yes, there is a strong emphasis on identifying ways to mitigate risk, developing new policies/procedures, and strengthening controls related to financial operations.

What kind of technology involvement can I expect in this role?

You will manage the selection, implementation, and maintenance of financial systems and software applications, collaborating with IT colleagues to integrate these systems with other enterprise systems.

image

Barclays

Finance
Industry
10,001+
Employees
1690
Founded Year

Mission & Purpose

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. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.