Job Description

Job Title: VP Technical Accounting Group
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. Introduction: The successful candidate will become a member of the Barclays Technical Accounting Group, reporting to a team leader (Director). The candidate will provide technical accounting guidance applicable to Barclays Group IFRS reporting. The role will support Finance and Business functions in understanding the accounting applicable to their activities, products, and transactions and support relevant areas in assessment of accounting judgemental matters. What will you be doing?
Technical accounting colleagues work closely with others with specialist knowledge and are responsible for providing advice, guidance and support in the following areas:

• Oversight of technical accounting compliance for Barclays’ financial reporting for both Group and stand-alone legal entities. Requires strong understanding of financial reporting, accounting and disclosure requirements.
• Accounting issues management and resolution working across different businesses/areas of the bank and engaging multiple stakeholders. Requires networking and influencing skills to develop sustainable relationships as well as clear communication and presentation capabilities to contribute effectively in meetings.
• Review and approval of new products and complex transactions including contributing to transaction development. Requires obtaining a full understanding of the business rationale and transaction economics to identify the appropriate accounting requirements for each component of the transaction.
• Implementation of new accounting standards and review and remediation as required for application of existing requirements. Effective collaboration with colleagues in other functions is required to ensure that the new technical requirements are capable of being translated and implemented within Barclays’ systems and processes.
• Update, maintain and develop Barclays internal accounting policies. Requires sound communication (written) skills, ability to interpret complex accounting standards and make it applicable to Barclays.
• Support for the design and delivery of technical accounting training materials to Finance colleagues, other support functions and front office. TAG materials reflect the current accounting requirements in a way that is accessible and relevant to recipients, using examples in the appropriate context. Participation in industry forums to understand industry practice on interpretive or judgmental accounting policies.

The exact nature and degree of involvement in each of the above activities will depend on the candidate’s experience. The candidate will be part of a global team working collaboratively with other members of Global TAG. What we’re looking for:

• International chartered accountant with at least five years of post-graduate experience.
• Relevant years of experience in accounting firm audit, advisory, or national office practice covering the financial services industry and/or working in accounting policy in the financial services industry.
• Strong communication skills (verbal and written) which is necessary to ensure that technical requirements are understood by clients and other stakeholders.
• Reasoning skills and capability for self-directed research and work, which is required in order to resolve technical accounting matters.

Skills that will help you in the role:

• Knowledge of relevant technical accounting concepts including accounting for financial instruments (debt/equity, derivatives and hedging, derecognition, impairment, loan accounting and netting, among others), consolidation and revenue recognition under IFRS
• Experience applying accounting concepts to complex transactions and initiatives
• Deep understanding of banking products and businesses.
• Advocacy experience e.g. representing a bank or similar in industry forum or responding to an accounting standard change.

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.