About Finance
Finance is currently structuring itself into Finance Transaction Cycles (FTCs), single teams of colleagues with similar capabilities who run end-to-end processes in their areas for all of the bank’s legal entities. A Finance Transaction Cycle (FTC) is a team made up of Finance colleagues from across the bank’s different legal entities who have similar skills and capabilities. The FTC team runs end-to-end processes in their area of expertiseand deliver consistent outputs to every legal entity. Each FTC will be made up of a mixof business-facing and non-business facing colleagues.
Finance consists of the following TCs:
- Product Control
- Financial Control (LEC+C&R)
- Cost
- Internal Reporting
- Tax
- Policy
- Planning & Stress Testing
- Impairment (yet to mobilise)
- CFO Business Partnering (yet to mobilise)
These transaction cycles support Barclays’ business areas by collectively providing accounting, advisory and
reporting services. Internal Reportingensures astandardised approach to reporting including businessperformance reporting and other transactional reports. The team run an end-to-end service; managing data, producing reports and consolidatingcommentary
About Finance MI Analyst
Assist the manager in the maintenance of Service Level Agreements (SLAs) and Key Performance Indicators (KPIs) related to financial analysis, financial planning and financial reporting requirements and ensure compliance to procedures and policy guidelines. Identify process improvement opportunities and recommend solutions.
Overall purpose of role:
- Own a number of key reporting processes and ensure review is performed to ensure accurate and robust Management reports are delivered to stakeholders on a timely basis. This includes daily, weekly and monthly reports
- Work closely with other FTC’s such as Product Control, LEC team to ensure timely and accurate daily risk reporting and back testing. This will include resolving any difference, liaison to understand the drivers and suggesting appropriate solutions
- Design, development and production of Management Information reports for the Internal Reporting teams (monthly reports, adhoc reports, forecast and budget).
- Accountable for timely and accurate production of scheduled and adhoc MI reports and analytics, leveraging system and reporting tools such as QlikView, Tableau, Business Objects, etc.
- Understand reference data processes and data integrity to support Management Reporting processes
- Execute key MI changes through technology solutions to facilitate effective and efficient report production
- Participate and present MI views in various stakeholder and internal team meetings.
- Periodic review and maintenance of system tools to ensure changes are effected regularly
- Client and relationship management
- Monitor and review the SLAs and provide daily / weekly reports to the customer on SLAs and metrics.
- Drive stakeholder interactions, understand pain points and bring resolution to issues
Reporting
- Produce accurate, timely and reliable MI reports (monthly reports, adhoc reports, forecast and budget)
- Drive the rationalization, standardization, centralization and control of all MI reports within the suite
- Update and improve reports (in line with business objectives) focusing on scalability, efficiency and effectiveness
- Provide technical solutions / support to MI lead with emphasis on data extraction / manipulation / reporting using EXCEL, ACCESS, SAP BW, COGNOS, QLIKVIEW, VBA, TABLEAU and BUSINESS OBJECTS
Data ownership
- Owner and manager of the Management Information System ( MIS) Data Model.
- Manage the data change control process and influence the rationalisation of dimensions and hierarchies in the MIS Data Model.
- Implement business and data requirements (e.g., new data items, dimensions, hierarchies).
- Store and maintain all data within the structure of the MIS Data Model and within data security policies.
- Implement and run data acquisition control and rigour processes to ensure MIS data is accurate and complete on a daily basis.
- Owner and manager of tools for data acquisition, data access and reporting.
- Identify opportunities to automate and standardise data acquisition, validation and management processes.
- Ad-hoc data investigations and analysis as required.
- Support the wider Finance function on Month close activities.
- Develop and monitor performance metrics through an internal monthly scorecard.
- Champion and lead a culture of customer service and continuous improvement.
Stakeholder Management and Leadership
- Strong stakeholder engagement skills and understanding their requirements for effective execution
- Enthusiastic, motivated, self-starter, pro-active and a team player.
- Desire to provide top quality service to internal stakeholders from different areas of the firm /geographies
- Ability to negotiate and influence senior management across the businesses
- Build strong partnerships across the business with excellent stakeholder management
Decision-Making and Problem Solving
- Independent and a self-starter – accountable for day-to-day issues
- Ownership on tactical projects that need to be executed/ implemented from time to time
- Analytical – able to break down problems and resolve them
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.
Person Specification
Personal attributes essential to performing role including competencies, expertise, knowledge, and experience. Note: experience requirements must not be in the form of years (minimum or otherwise).
Essential Skills/Basic Qualifications:
- Financial Planning and Analytical skills
- Good understanding of reporting tools (e.g., Excel, QlikView, Tableau, Access, Essbase, Cognos BI, Cognos Reporting Studio).
- Good understanding of database technologies (e.g., Teradata or Oracle)
- Strong focus on process management in this role and prioritisation is important to meet objectives in a constantly changing environment
- Understanding of the range of products and services within the firm and the ability to apply this to reporting requirements
- Has the ability to break down problems into components parts and resolve them. Can solve problems effectively and creatively
- Assist the MI lead in coming up with innovative, creative and scalable solutions. An understanding of the business drivers, project delivery, an ability to fully utilize the financial systems and available data is required.
Desirable skills/Preferred Qualifications:
- Broad knowledge of general management accounting policies and procedures.
- Qualified accountant (ACA, CPA, ACCA) or MBA from a reputed business school good understanding in Financial reporting & planning analysis function. Preferably with past experience in a banking industry (not essential), Shared Services environment or multi-national company
- Good understanding of VBA development for Excel.
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