Assistant Manager

Barclays Job Referrals Powered by Round One
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Barclays Job Referrals Powered by Round One

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays purpose is to help people achieve their ambitions - in the right way. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. At Barclays, we recruit based on merit and are committed to promoting diversity throughout our organization. Department overview:
\nCost Management act as business partners to their clients (including Senior Finance Management, Business Heads and COOs), actively managing their cost base and providing value-added financial information and advisory. The CDS Cost allocation team specifically also supports Legal Entity Financial Controllers, Transfer Pricing Tax and the Indirect Tax team. Please visit our website here for more information. Overall purpose of role:
\nCost Decision Support Client Face provide active management of cost base through budgeting, forecasting, month-end and financial advisory; they are subject matter experts for their respective business covering processes, systems, people and strategy; key aspect of the role is to build strong relationships with clients and be seen as trusted finance partners while providing value-added analysis, both BAU and for strategic projects, that will aid clients in their decision-making. The roles is in the Cost Decision Support Client Face Team are responsible for partnering with Central Functions ie.,HR, Legal, Risk & Compliance, Corporate Relations, Finance and Treasury business heads, COOs and hub managers. It involves strong interpersonal skills and support team manager to provide regular interaction with other stakeholder teams across all regions and global CDS Finance teams in the UK, US and AP Key Accountabilities and Skills required:
\nThis section should include o Key specific accountabilities o Support w.r.t pre-month review of expense and accruals, calculation of accruals, liaise with Accounting Ops to ensure posting of both accruals, prepayment and reclass journals, adequate substantiation of accrual and prepayments. o Global Cost Review and Analytics Global Cost Analysis by account line / cost centres Run daily reports from BW / CAP during month-end process. Assist in Budgeting, Forecasting process. o Flash Process Flash adjustments by expense/ account line Review and analysis of Flash Results Issuance of Flash reports to Cost Decision Support business partners o Balance Sheet Reconciliation Substantiation and reconciliation of all accruals and prepayments posted by the team Balance sheet reporting by account line Account Ownership sign-off o Stakeholder management and leadership. o
\nAssist the VP and AVP in complex queries/requests/improvements. Coordinate possible FBP actions to address these queries. o Decision making and problem solving. o Should have an ability to make decision independently and help assisting line manager in resolving the issue for whole team. o Risk and Control:
\nAll Barclays colleagues have to 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 Your Skills and Qualifications will include o Experience in accounting / Finance function. Preferably with past experience in a sizable banking institution/MNC, or in a global shared Services environment. o Qualified accountant is preferred o Skills and Knowledge:
\no Knowledge on Month-end journals, Inter-company recharges, Flash reporting, Performance Reporting. o Excellent communication skills in both formal and informal settings & ability to interact globally. o Application: efficient in using MS applications, especially MS Office - must be proficient in Excel. o Process skills and critical thinking: ability to look at end to end processes, identify issues, root-causes and proactively implement improvement initiative. o Proficient MI analytical skills. Ability to drill down to details but also able to synthesize high level drivers and key messages for management updates. o Process control focused. Ability to identify key risks and controls in an accounting processing workflow. o Ability to understand client requirements and clarify ambiguities o Client-focused. Ability to work with clients in order to prioritise and balance flexible support vs SLA deliverables. o Positive attitude and energy towards challenges o
\nAbility to team work and collaborate with cross functional/regional teams in a virtual environment. The Benefits:
\nOur customers deserve the best. The same goes for our employees. Thats why at Barclays youll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed. Our Culture:
\nEverything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it. Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager. Barclays is an equal opportunity employer and are opposed to discrimination on any grounds.For more detailed information, please visit our dedicated Diversity and Inclusion site here . Barclays Values and Diversity:
\nOur common purpose is to help people achieve their ambitions - in the right way. Well measure and reward our people, not just on commercial results, but on how they live our Values of Respect, Integrity, Service, Excellence and Stewardship and bring them to life every day. To find out more about working at Barclays and the development opportunities we offer please visit our website www.barclays.com We are an equal opportunity employer and we are opposed to discrimination on any grounds.

 
Additional Information
Location Chennai Job Type Full-time
Career Level Risk / Underwriting Relevant Work Experience 5 - 10 Years



Contact Information
Company Name Barclays Job Referrals Powered by Round One Telephone No Not Provided
Contact Name Employer Site Link Not Provided
 
Keywords: Risk Management,  Reports,  workflow,  Credit Cards,  Framework,  Analytics,  Pricing,  Process Control,  Balance Sheet,  Flash,  Controllers,  Clarify,  Management,  Treasury,  Drivers,  

               

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