Job Description
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HA Technical Accounting
Barclays
New Delhi, Delhi
Apply
12 hours ago
Full–time
Job Title: HA Technical Accounting & Process SME
Location: Noida
About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our 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 our service company which provides technology, operations and functional services across the Group.
Risk and Control Objective
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.
Working Flexibly
We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.
Hybrid Working
We are 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. We're 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. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time , will have a start and end date.
Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
This role will be responsible for re-designing the Hedge Accounting operating model within Treasury and across asset class bringing together all pockets of Hedge Accounting across the Group globally onto strategic trading and sub ledger architecture with multi product support.
The role will be expected to partner with strategic sub ledger architects to design and build a hedge accounting solution that works seamlessly across accounting jurisdictions and that ensures a consolidation of results under IFRS and IAS3+.
What will you be doing?
The Hedge Accounting Product Control Lead is accountable for owning the design and delivery of aligning the Hedge Accounting Function to the 1+ key PC controls, utilising strategic architecture solutions such as Beowulf and MOTIF with a design mantra that supports flexibility and pace with respect to accommodating new revenue and income protection opportunities whilst maintain the highest levels of control and analytical review.
This will include considerations for;
• Simplified booking/operating model and the decommission of the CHARMS trading platform for hedge accounting
• P&L and Balance Sheet Explain on system
• MTP/Outlook and Stress Test enhanced tooling to allow better management of Head Office P&L into investor relations.
• Introduction of a sub-ledger (MOTIF) for the function that is able to apply local hedge accounting methodologies and consolidate under IAS3+ for Group Accounts.
Key platform deliverables:
• Standardised derivative product offering to include the hedge accounting of EM currencies and exotic derivatives;
• A global operating model aware of local accounting rules ( US GAAP) and IFRS consolidation at Group;
• A hedge accounting centre of excellence within the Product Control FTC;
• An operating model that aligns to the Product Control FTC 1+ key control framework;
• Identification and development of a single transaction data source across Treasury;
• Design simplification and optimisation that allows the hedge accounting function to close its books on WD3;
• Remove the necessity for EUDAs;
• A P&L explain tool that promotes understanding and the forecasting ability of the function.
Key programme responsibilities include:
• Defining business case and benefits measurement;
• Expanding business requirements through design workshops
• Be responsible for specific designs for the program and the facilitation of design workshops with SMEs.
• Analyse data sources to support the creation of design proposals to drive consistency within Finance and Treasury;
• Working with the business analysts and business process owners to review and agree specifications and user stories;
• Agreeing the UAT and testing strategy including identification of use cases and examples;
• Enabling the process transformation and people transformation into the required centres of excellence
• Optimising the process from end to end together with the Business management teams
What we're looking for:
• Fully qualified accountant, with extensive post qualification experience
• Degree (or higher) educated, from a top tier university
Skills that will help you in the role:
• Hedge Accounting experience.
• Excellent Power-point skills, with the ability to storyboard and produce best in class presentations;
• Experience of finance transformation programs and strong command of project management techniques and principles, and process management skills and techniques (Lean, Six Sigma);
• A continuous learning mind-set; someone who applies analytical reasoning and problem solving to all they do
Where will you be working?
Noida
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. 'Be More @ Barclays' represents our core promise to all current and future employees. It's the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
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
HA Technical Accounting
Barclays
New Delhi, Delhi
Apply
12 hours ago
Full–time
Job Title: HA Technical Accounting & Process SME
Location: Noida
About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our 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 our service company which provides technology, operations and functional services across the Group.
Risk and Control Objective
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.
Working Flexibly
We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.
Hybrid Working
We are 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. We're 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. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time , will have a start and end date.
Please discuss the detail of the working pattern options for the role with the hiring manager.
Introduction:
This role will be responsible for re-designing the Hedge Accounting operating model within Treasury and across asset class bringing together all pockets of Hedge Accounting across the Group globally onto strategic trading and sub ledger architecture with multi product support.
The role will be expected to partner with strategic sub ledger architects to design and build a hedge accounting solution that works seamlessly across accounting jurisdictions and that ensures a consolidation of results under IFRS and IAS3+.
What will you be doing?
The Hedge Accounting Product Control Lead is accountable for owning the design and delivery of aligning the Hedge Accounting Function to the 1+ key PC controls, utilising strategic architecture solutions such as Beowulf and MOTIF with a design mantra that supports flexibility and pace with respect to accommodating new revenue and income protection opportunities whilst maintain the highest levels of control and analytical review.
This will include considerations for;
• Simplified booking/operating model and the decommission of the CHARMS trading platform for hedge accounting
• P&L and Balance Sheet Explain on system
• MTP/Outlook and Stress Test enhanced tooling to allow better management of Head Office P&L into investor relations.
• Introduction of a sub-ledger (MOTIF) for the function that is able to apply local hedge accounting methodologies and consolidate under IAS3+ for Group Accounts.
Key platform deliverables:
• Standardised derivative product offering to include the hedge accounting of EM currencies and exotic derivatives;
• A global operating model aware of local accounting rules ( US GAAP) and IFRS consolidation at Group;
• A hedge accounting centre of excellence within the Product Control FTC;
• An operating model that aligns to the Product Control FTC 1+ key control framework;
• Identification and development of a single transaction data source across Treasury;
• Design simplification and optimisation that allows the hedge accounting function to close its books on WD3;
• Remove the necessity for EUDAs;
• A P&L explain tool that promotes understanding and the forecasting ability of the function.
Key programme responsibilities include:
• Defining business case and benefits measurement;
• Expanding business requirements through design workshops
• Be responsible for specific designs for the program and the facilitation of design workshops with SMEs.
• Analyse data sources to support the creation of design proposals to drive consistency within Finance and Treasury;
• Working with the business analysts and business process owners to review and agree specifications and user stories;
• Agreeing the UAT and testing strategy including identification of use cases and examples;
• Enabling the process transformation and people transformation into the required centres of excellence
• Optimising the process from end to end together with the Business management teams
What we're looking for:
• Fully qualified accountant, with extensive post qualification experience
• Degree (or higher) educated, from a top tier university
Skills that will help you in the role:
• Hedge Accounting experience.
• Excellent Power-point skills, with the ability to storyboard and produce best in class presentations;
• Experience of finance transformation programs and strong command of project management techniques and principles, and process management skills and techniques (Lean, Six Sigma);
• A continuous learning mind-set; someone who applies analytical reasoning and problem solving to all they do
Where will you be working?
Noida
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. 'Be More @ Barclays' represents our core promise to all current and future employees. It's the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
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
💡 Quick Summary
Seeking a career-building opportunity? The HA Technical Accounting position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
