AVP - Finance Business Partner

Job Title : AVP - Finance Business Partner

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

Take ownership for managing risk and strengthening controls in relation to the work you do

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 

Structured hybrid role:

At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home.  We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

Introduction:

Key activities includes:

o Month End Management

o Variance Analysis

o Stakeholder Management

o Planning, Outlook and Transfers

o Identification and quantification of risks & opportunities

o Flash financials/commentaries submission

o Business / Allocation Rules set up

o Capacity Creation tracking and reporting

This is a critical FBP role supporting Lead F&BM in delivering the end to end financials by working closely with Business Managers and multiple functions. The purpose of this role is to support the planning, analytics and reporting of the cost base for BUK COO Customer Care Operations. This includes monthly cost reporting, variance analysis, risks & opportunities tracking, Outlook and MTP/STP processes. The holder of this role will be required to support the production of insightful Management Information (MI) and analytics.

This role requires an ability to help support the Lead F&BM in managing key stakeholder relationships within Finance and across the business, providing valuable decision support, monitoring and challenge.  The individual will also need to maintain best in class, efficient and robust processes and systems, and look for continuous improvements opportunities within the remit of the role, driving through these improvements to completion.

• Execution & management of month end process and ensure commentary & reporting are fully consistent

• Perform regular P&L reporting, flash, insightful management reporting, and other ad-hoc reports and analysis of high complexity

• Provide insights & commentary of MoM/other variances with clear linkages to drivers 

• Support business decisions and financial strategy for the Transaction Cycle/Function, ensuring delivery is to plan and budget, supporting the bank’s overall business strategy and cost base objectives

• Lead and support during planning cycles (MTP/STP/RAF/Outlook) and budget transfers.

• Establish innovative systems and procedures for handling data & reports and strive for automations / smart solutions for continuously process improvements

• Ensure timely delivery on all deadlines/Internal reviews

• Work closely with the Lead FBP to deliver commercial insights 

• Managing the hierarchy in terms of creation, amendment, closure & rationalisation, etc.

• Supporting ad-hoc requests ensuring that we meet high standards to provide a timely response to all queries

• Ensure best in class, efficient and robust controls are adhered to at all times

• High quality, consistent and standardised offering with complete ownership of the “numbers”

What will you be doing?

Cost Review, Analytics and Ledger Closure 

o Flash Reporting - Review and analysis of Flash Results, Issuance of Flash reports to Senior FBP / BMs, by Account line/Cost Centre reviews and process necessary adjustments 

o Balance Sheet Review -  Review of all accruals and prepayments, provisions

o Month-end commentaries and reporting, self-assessment of controls and liaise with internal / external stakeholders

Planning and Outlook 

o    Manage planning and outlook process liaising with Senior FBP and BMs 

o    Prepare planning, outlook templates and related management information for review with BMs/FBPs

o    Monitoring and highlighting the risk and opportunities

o    Support Group and Central teams on the overall MTP/STP exercise

Management Reporting and Insights

o    Lead performance review within the Finance FTCs, analysing, provide insights, commentary and interpreting financial information, and advising/challenging and supporting the team leaders in improving the financial control and reporting environment.

o    Resolve queries and ad-hoc requests by BMs / lead FBPs / Leads / AEs

o    Review and analyse complex financial reports and financial statements analysis and present the same to the management.

o    Produce accurate, timely and reliable MI reports (EXCO, adhoc reports, forecast and budget)

o    Drive the rationalization, standardization, centralization and control of all MI reports within the suite

o    Update and improve reports (in line with business objectives) focusing on scalability, efficiency and effectiveness

Liaise with Functions / BMs and Central teams on reporting hierarchy creation and changes

o    Liaise with various teams to ensure changes are reflected in the Finance hierarchy systems

Projects / Transformation 

•    Provide active support in executing Cost Transformation Projects within Cost FTC

Hierarchy & Reference data management

o    Good understanding of Barclays systems and cost landscape, data flows, ledger interfaces

o    Ability to analyse and visualize end reporting requirements into structural changes in reference data systems for strategic implementation

o    Track record of completing business analysis assignments (business requirements gathering & testing)

o    Proficiency on reference data management tools like DRM, RDM, Sap Static, BW, databases

What we’re looking for:

• Highly motivated self-starter, problem solver and able to work with minimal supervision

• Delivers significantly on both quality and time

• Drives to achieve stretching objectives

• Anticipates standards required in the future and works on them now

Skills that will help you in the role:

• CA / MBA / ACA / CIMA / and good accounting knowledge

• Strong analytical skills, able to identify key P&L drivers

• FP&A background and experience (experience in direct costs, indirect cost management and reporting) an advantage

• Strong Excel & PowerPoint skills

• Strong interpersonal skills and excellent communicator 

• Willingness and ability to take ownership of issues and manage through to a successful resolution

• Attention to detail and strong organisational skills

• Ability to balance multiple critical requests from various stakeholders with outstanding precision

• Ability to develop and maintain constructive relationships with internal stakeholders across all levels and geographies of the organization

• Expresses thoughts and ideas in a structured and logical way

• Communication, influencing and negotiating skills with a record of working with Senior stakeholders

• Experience in operating in a multi-geographic, matrix organisation a plus, with proven ability to balance commercial, client, and regulatory needs across businesses and geographies

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.