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Barclays

AVP – IHC Consolidation

Barclays Whippany, United States
Posted 18 days ago Permanent Competitive + Excellent Benefits
K
Posted by
Katarzyna Czokow-Krol
Recruiter
As a Barclays Assistant Vice President – IHC Consolidation, you will support the consolidation of US legal entities and ensure that Barclays US Intermediate Holding Company consolidated group is able to fulfill its external and internal reporting requirements under both USGAAP and IFRS, including statutory financial statements and regulatory filings. Overall, you will be the principal contact for Tax, Treasury, Business Planning & Analysis, Product Control and Regulatory Teams on Consolidated financial results/queries.

 

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes 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.

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. 

Please discuss the detail of the working pattern options for the role with the hiring manager.

 

What will you be doing?

•    Being responsible for the Consolidation system (Hyperion) and the Consolidation function of Barclays’ US legal entities under US GAAP
•    Overseeing the monthly consolidation process with the ability to figure out the need to post Consolidation and/or correct entries 
•    Supporting the maintenance of the Consolidation system and logic, escalating issues to IT and management and resolution in a timely manner
•    Performing variance analysis and providing commentary on financial results for senior management 
•    Liaising with financial and product controllers in understanding how transactions impact consolidated and the parent company
•    Assisting in the maintenance and review of the US Chart of Accounts
•    Supervising and providing guidance to Analyst on the Consolidation process
•    Acting as the principal contact for Tax, Treasury, Business Planning & Analysis, Product Control and Regulatory Teams on financial results 

What we’re looking for:

•    Bachelor’s Degree (BA/BS)
•    Certified Public Accountant (CPA)
•    At least four years of accounting/financial reporting experience in the Financial Services industry with knowledge, understanding, and application of US GAAP
•    Excellent PC skills (Microsoft Suite including Excel, Word, PowerPoint)

Skills that will help you in the role:

•    Diligent, detail-oriented, and analytical problem solver 
•    Prior Consolidation and Audit related experience
•    Background and understanding of Consolidation systems Hyperion
•    Effective and polished written and verbal communication skills 

Where will you be working?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.

#LI-Hybrid

 

Job ID  90363170
ABOUT COMPANY
London, United Kingdom
Investment Banking / M & A
Finance is the oxygen of the economy. Acting transparently and with expertise, we deploy finance responsibly to support people and businesses, acting ...
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