The production of a comprehensive daily trading P&L and balance sheet
The execution of regular independent price verification, ensuring that the appropriate accounting principles are applied
Partnering with the firm s business areas and other support groups in facilitating new products and initiatives
Developing and reporting management accounting information
If successfully appointed you will be joining a team who will be enhancing process, reporting and controls whilst ensuring the flawless execution of BAU. The team will also balance the delivery of critical projects whilst identifying those that are strategic and those that are tactical.
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
About Barclays Luxembourg and Barclays Capital Luxembourg Legal Entity Control tasks
Barclays Luxembourg was established in 2006 and the business has grown significantly since then. Currently there are circa 50 people working in Luxembourg including colleagues from Markets, Treasury, Compliance, IT, HR, Finance, Middle Office and Trade Capture Utility.
The role will require taking ownership for two distinct legal entity control work-streams:
Legal entity control for Barclays Capital Luxembourg SARL:
Financial business partner to various stakeholders (Regulatory reporting, FO, Tax, etc ) including liaising with Product Controllers to ensure trading information is accurately reflected in the company s books and records.
Monthly close activities to ensure timely and accurate compliance with group reporting timelines
Produce required reporting (regulatory, financial and statutory, Banque Centrale Reporting)
Ownership of accounting processes required to finalise month end data (e.g. account reconciliation, account ownership and signoff.
Preparation of monthly management reporting, including P&L and balance sheet reconciliations and substantiation processes for the Equity Financing business being traded out of the entity.
Implementation and monitoring of key internal product and financial controls to ensure a robust controls environment.
First point of call for key accounting judgments, change programmes and issues at the legal entity level
Handling tasks in general accounting and liaising with internal as well as external auditors ensuring audits are handled effectively.
Preparation of the company annual report (prepared under Lux Gaap) and financial information for the company tax returns.
Coordinating and managing the payroll administration with the external service provider.
Legal entity control for the local service company:
books and records maintenance
coordinating ongoing funding requirements
accurate accounting of the service company
provide accurate cost MI to the Business
performing the periodic recharge of operating costs to other Luxembourg subsidiaries in line with Barclays Luxembourg Resource Sharing Agreement
Ad-hoc projects including on boarding the service company onto standard firm architecture.
external reporting tasks including VAT submissions and Banque Centrale statistical reporting
Overall purpose of the role
The Barclays Capital Luxembourg S. r.l. entity controller is responsible for the preparation of statutory, regulatory, tax and management reports for the activity undertaken by the Equity Financing business. He or she will ensure integrity of financial information by implementing and monitoring appropriate reporting controls. This is achieved by striving to execute in a consistent and timely manner, and by implementing best practices globally.
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.
Excellent communication skills, both verbal and written required
Able to manage multiple tasks in fast-paced environment while meeting deadlines required
Must be flexible and team oriented with strong motivation and work ethic
Keen to learn
Confident and committed
Essential Skills/Basic Qualifications:
Bachelor s degree required
Part or Fully Qualified CIMA/ACA / ACCA / CFA
Strong understanding of accounting fundamentals required
A strong practical understanding of the importance of rigorous controls environment
Attention to detail and diligence combined with good analytical problem solving skills
Ability to pick up concepts quickly and to challenge existing thinking and processes
Strong MS Excel skills required, other financial systems experience a plus
Desirable skills/Preferred Qualifications:
Responsible attitude with sound time management skills, and the ability to meet deadlines
Hands-on mentality, independent thinker
Good technical understanding of International Financial Reporting Standards and Luxembourg GAAP
Good understanding of IT oriented methods and approaches
Department:Risk / UnderwritingIndustry:Banking / Financial ServicesSkills:international financial reporting standards, balance sheet, equal employment opportunity, support groups, middle office, risk management frameworkEducationOther
Recruiter detailsCompany Name: Barclays Shared Services Pvt. Ltd