AVP

Barclays

Sep 30, 2024

Applications are closed

Job
Full-time
Senior & Expert Level
Chennai

Requirements

Candidate should be qualified accountant (CA/ ACCA)
Should have post qualification experience in finance domain
Understanding of control environment
Strong communication skills- independently able to interact effectively with different stakeholders
Working knowledge of IFRS
Understanding of Banking industry
Knowledge of SAP application

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.
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) or Financial Controller.

What qualifications are required for this role?

Candidates should be qualified accountants (CA/ACCA) with post-qualification experience in the finance domain.

Where is this position based?

This role will be based out of Chennai.

What is the primary purpose of this role?

The purpose of the role is to manage the financial operations of the organization, ensuring the accuracy, integrity, and reliability of financial reporting.

What are some key accountabilities of this position?

Key accountabilities include preparing accurate financial statements, supporting financial risk management, developing internal controls, implementing financial policies, and coordinating with external auditors.

Are there any desirable skill sets for this position?

Yes, desirable skill sets include working knowledge of IFRS, an understanding of the banking industry, and knowledge of SAP applications.

What are the expectations for the Assistant Vice President role?

Expectations include providing advice on complex issues, identifying risk mitigation strategies, taking ownership of risk management, collaborating across areas, and communicating complex information to stakeholders.

Are strong communication skills important for this role?

Yes, strong communication skills are essential for effectively interacting with different stakeholders.

Does this role involve working with technology?

Yes, the role involves managing the selection, implementation, and maintenance of financial systems and collaborating with IT colleagues.

What values and mindset are expected from colleagues in this role?

Colleagues are expected to demonstrate Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays Mindset to Empower, Challenge, and Drive.

Barclays

Barclays is a British multinational bank offering personal, corporate, and investment banking services worldwide.

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.