Technical Accounting VP
Length- 6 Months
Overall purpose of role
The successful candidate will be a member of the London TAG team, reporting to one of the directors within the team. They will have a portfolio of business relationships as well as subject matter expertise responsibilities and project work that span the Barclays Group.
Ensure the provision of authoritative technical accounting support to a number of businesses in the Barclays Group. To cover day-to-day query flow, New Product Approvals, capital applications, etc.
Build deep and effective working relationships across the business, with the resilience to see issues through to completion, working with other functions as needed (e.g. Regulatory policy, Legal, Risk or other areas in Finance).
Ensure support on application of the group standards in reporting by other Finance functions (e.g. Financial and Product control, Finance business partners or Financial Reporting).
Provide appropriate training to support Finance, business and other functions in order to support their daily operations.
Pro-active checking regarding implementation, identifying and escalating material gaps.
Understanding of how subject area impacts and is reflected in returns/public disclosures for group and main operating entities. Awareness of approaches adopted by competitors. Track proposed rule changes and liaise with impacted businesses and functions to shape meaningful advocacy, interpretation & implementation planning for the firm.
Implementation of new accounting standards and review and remediation as required for application of existing requirements. Demands ability to engage with colleagues in other functions to ensure that the new technical requirements are capable of being translated and implemented within Barclays systems.
Ensure the accounting group standards on the allocated subject matters are up to date for all published standard requirements and policy interpretations, that they are easy to read and understand by other internal users.
Oversight of technical accounting compliance for Barclays external reporting under quarterly timetable and other ad-hoc reporting.
Recognised as technical authority by peers, management and internal clients.
Qualified accountant with post qualification experience.
Demonstrated good understanding of banking products and relevant technical accounting concepts.
Ability and demonstrated interest in understanding and applying technical accounting requirements under IFRS in the context of a universal bank or investment banking franchise.
Excellent Communication skills
Strong interpersonal, influencing and team working skills, with the capability to build and sustain effective working relationships
Strong control awareness including understanding the key controls required in a bank, with a keen appreciation of reputational risk factors.
ACCA Qualification or equivalent
Chartered Accountant Certificate
Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays 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 its service company which provides technology, operations and functional services across the Group.
Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measure and reward the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.
Barclays is currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Barclays is flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances
As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.