Finance Analyst

Job title:  Finance Analyst 

Location- London or Northampton/ Hybrid 2 days per month in the office 

Contract length: 6 months potential extension 

Inside IR35 

Job Purpose

The role holder will join the Provision Analytics and Tax shared service team which supports our full Remediation portfolio. This role will own the financial planning (provisions) for remediation projects, including ensuring funding is in place for the amount we need to return to customers (redress) and the cost of delivering the projects to achieve this. This will involve collaborating with Finance, Product areas and Project teams to ensure that these provisions are raised independently and monitored and controlled throughout the delivery of the project.

Barclays provides a broad range of products that meet diverse customer needs. As a result, the Remediation projects that we manage can be both complex and impacting a large volume of customers. Effective Financial control of these projects is one part of our approach to ensure that we achieve the right customer outcomes first time, ensuring that our customers receive a positive experience in correcting mistakes that we have made.

Accountabilities

• Providing clear and appropriate communications to stakeholders on changes in customer redress and costs

• and what this means in terms of the overall Financial plan.

• Cost control and regular reporting to senior stakeholders

• Regular collaboration with and influencing key stakeholders in Product and Finance teams.

• Carrying out financial analysis to support the allocation of costs to remediation projects.

• Supporting Barclays Values across the portfolio

• Regular and ad-hoc financial reporting for committees and forums

• A focus on continuous improvement, challenging and evolving the way that we do things to become more

• effective and efficient

• Production of quarterly management accounts providing analysis and insight to support stakeholder

• Understanding

• Regular collaboration with CR Directors and Project Managers to lead them through the financial plan for

• their portfolio and projects

• Assisting the CR Directors in their updates to the Accountable Executives (majority will be Directors or

• Managing Directors)

• Presenting updates to Finance Business Partners across BUK and BPF and working with them to accurately

• build in the financial implications for each project

• Facilitating and supporting the external audit process

• The role involves gathering, analysing, and communicating insights from large data sets. The role holder

• must be comfortable with data and have the ability to assess and draw conclusions from it, with a particular

• focus on financial data which is relevant to the remediation portfolio.

• As a subject matter expert on the data, the role holder will need to be able to make judgements and

• decisions based on the data with the ability to communicate the rationale for these decisions to stakeholders in a way that gives confidence on the approach taken without necessarily needing to explain all of the component parts of the data. It is this ability to identify the key points and facts and sharing them

• simply and confidently with stakeholders that build the foundations for strong collaboration and trust with our

  stakeholders.

To be considered for the Finance Analyst role you must have the following skills and experience

• This is an important role that ensures that the correct financial control of remediation projects is undertaken. To

• achieve this the role holder will need:

• To be comfortable working with large amounts of data, and a keen interest in understanding what the data is

• telling us particularly from a financial perspective.

• Comfortable using data analysis programmes such as Excel

• The ability to work in the detail but communicate the big picture and key points that need attention.

• A people person, being able to build strong relationships within the project teams but also with our stakeholders in the business and functional areas.

• An innovator, comfortable challenging the status quo and seeking opportunities to do better, both individual and as a team.

• A strong communicator comfortable working with and influencing stakeholders at different levels and developing strong relationships

• Communication / able to effectively influence senior members of the Remediation Programme

• Excellent planning, prioritisation, organisational and time management skills

• Ability to meet regular and ad hoc deadlines, working under tight timescales

• Willingness to learn and has a growth mind-set

• Essential skills

• A qualified accountant

• Comfortable with data and numbers

• Naturally inquisitive and prepared to challenge

• A strong communicator with ability to build and manage key stakeholder relationships

• Desirable skills

• Prior experience in a Data Analysis, Finance, or Accounting roles.

• Able to learn new concepts quickly and communicate these simply to stakeholders.

• Competent at Excel (e.g. comfortable in preparing pivot tables and carrying out look-up functions)

• Purpose and Values

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 prize sustainability, and are passionate about leaving things better than we found them.

Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and

clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

• Empower

Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.

• Challenge

Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we  can adapt and improve. Speak up and be open to alternative viewpoints.

• Drive

Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.