Monaco Financial Controller

Financial Controller | Barclays | Monaco.

We are seeking a Financial Controller (VP) to lead the Financial Control team in Monaco, overseeing core responsibilities across local statutory and tax reporting, month-end closing, account reconciliation, and supporting group reporting obligations. This team lead role, managing 3 direct reports, requires strong technical accounting skills, leadership capabilities, and the ability to operate effectively in a fast-paced, change-driven environment.

You will be responsible for ensuring timely and accurate delivery of regulatory reports to local authorities (e.g. ACPR), VAT and corporate tax filings, production of statutory financial statements, and support of external audits. The role includes oversight of the month-end close, ensuring analytical integrity of journals and reconciliations. You'll also support EBA and group reporting, maintain financial controls, and proactively contribute to transformation and simplification initiatives in collaboration with both local and offshore teams.

In addition to technical excellence, you'll foster team development, manage priorities and workflows, and ensure compliance with group control frameworks (including SOX, EUDA inventories, and application ownership responsibilities).

Essential Skills:

• Qualified Accountant with at least 10 years' experience in banking or audit, with strong knowledge of French GAAP and IFRS
• Experience in regulatory reporting, tax compliance, and month-end accounting within financial services
• Proven team leadership and ability to manage deadlines and stakeholders effectively
• Fluent in French, with working-level English
• Proficiency in Excel (ideally with VBA), PowerPoint, and familiarity with SAP and/or Avaloq

Desirable Skills:

• Previous experience in private banking or wealth management
• Exposure to change management, transformation or working with offshore support centres
• Experience in system or process improvements within a finance function
• Master's degree in Finance, Accounting, or related field.

This role is based in Monaco.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the role

To manage the financial operations of the organisation, ensuring the accuracy, integrity, and reliability of financial reporting. 

Accountabilities

• 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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.