AVP-BX Cost Controller CoE

Join us as an AVP-BX Cost Controller CoE, at Barclays, you’ll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

To be successful in this role, you should have:

• Bachelor’s degree in accounting, Finance, or a related field (CA/ICWA/MBA Finance preferred)

• 5+ years of relevant experience in fixed asset accounting / general accounting roles.

• Experience in a shared services or corporate accounting environment is an advantage.

• Strong knowledge of accounting principles and fixed asset lifecycle.

• Experience with ERP systems & other tools (e.g., SAP, ETA, Coupa , GBS , BDP & ORAC etc).

• Proficiency in MS Excel and data analysis.

• Attention to detail and high level of accuracy.

• Strong analytical and problem-solving skills.

• Good communication and stakeholder coordination skills.

• Strong Excel & PowerPoint skills.

• Strong interpersonal skills and excellent communicator.

• Understanding of Barclays’ processes.

Some other highly valued skills may include below:

• Ensure accuracy and transparency in financial reporting as per governance requirements, including documentation and certification of controls.

• Prepare asset-related disclosures and schedules.

• Ensure timely capitalization of projects and accurate CWIP monitoring.

• Ensure adherence to Economic Transfer Agreements (ETA) — validating cost allocation and asset ownership in intercompany or cross-entity transfers.

• Conduct periodic physical verification, asset tagging, and reconciliation to ensure accuracy between records and physical existence

• Maintain the fixed asset register in accordance with company policies and applicable accounting standards (e.g., IFRS, GAAP).

• Support statutory, internal, and tax audits by preparing detailed schedules, reconciliations, and audit documentation.

• Coordinate closely with auditors and provide explanations for asset and depreciation movements etc...

• Participate in SOX testing and remediation processes, ensuring all asset-related controls are in place and operating effectively.

• Ensure system testing’s of ETA /SAP from time to time or as per requirements.

• Ensure compliance with internal controls and contribute to process improvement initiatives.

• Knowledge of automation tool i.e., Alteryx , Power BI.

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.

This role will be based out of Noida.

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.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• 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.

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.