Job Title: Head, Financial Reporting & Reconciliation
Organisation: Barclays
Bank UK
Bank UK
Duty Station:
Kampala, Uganda
Kampala, Uganda
Reports to:
Financial Controller
Financial Controller
About Barclays:
Barclays is a
British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and
investment banking, as well as wealth management, mortgage lending and credit
cards. It has operations in over 50 countries and territories and has around 48
million customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and
investment banking, as well as wealth management, mortgage lending and credit
cards. It has operations in over 50 countries and territories and has around 48
million customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
Job Summary: The Head, Financial Reporting &
Reconciliation will be responsible for the reconciliation of all financial
accounts in the bank on a monthly basis. The job holder reviews the
reconciliation work done by Operations on a monthly basis and ensures it tallies
back to the balance sheet. The incumbent will be responsible for helping out in
the preparation of the financial reports to Group and the central bank
including tax computation and ensuring compliance with the guidelines from the
regulating bodies. Work closely with external auditors
Reconciliation will be responsible for the reconciliation of all financial
accounts in the bank on a monthly basis. The job holder reviews the
reconciliation work done by Operations on a monthly basis and ensures it tallies
back to the balance sheet. The incumbent will be responsible for helping out in
the preparation of the financial reports to Group and the central bank
including tax computation and ensuring compliance with the guidelines from the
regulating bodies. Work closely with external auditors
Key Duties and Responsibilities:
Reconciliation of
Financial Accounts
Financial Accounts
- Do reconciliation of all accounts in the finance department.
- Recommend action on any items at risk in the balance sheet.
- Help in compiling audit evidence and ensure all audit issues with
regards the balance sheet have been resolved. - Review reconciliation reports from operations flag any risks to
financial controller/ Finance Director.
Group Reporting
- Assist in the preparation of group financial statements and internal
financial returns - Oversee the receiving of instructions and accounting entries from
group departments and ensuring posting is done promptly. - Ensure that group account balances are consistent with the trend and
nature of the accounts - Help in the preparation of
group creditors payments and ensure authenticity of instructions - Review and maintenance of the fixed assets register monitoring
movement on depreciation and disposal of fixed assets, review of
procedures for semi-annual verification of inventories and ensure that
these are in line with the capital expenditure budget in liaison with
Network Services.
Communication
- Ensure effective and excellent communication and working
relationships with colleagues in the department and the bank in general - Attend meetings with senior managers and other staff in the bank
Risk, Governance
and Regulatory: “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. Understand and manage risks and risk events
(incidents) relevant to the role.”
and Regulatory: “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. Understand and manage risks and risk events
(incidents) relevant to the role.”
Qualifications, Skills and Experience:
- The ideal candidate for the Barclays Bank UK Head, Financial
Reporting & Reconciliation job must hold a University degree
preferably in Accounting or Finance - Full Professional qualification in Accounting such as ACCA or
ACIB qualified with strong accounting background - Detailed knowledge of the group’s financial reporting and timetables
- Detailed knowledge of financial statutory reporting
- Detailed knowledge of accounting standards (including new standards
such as IFRS9, IFRS16) - Detailed understanding of governance and controls
- Detailed knowledge of regulatory rules and tax issues
- An appreciation of the external economic, political, legal and
regulatory environment and their impact to the business. - Interpersonal relationship skills
- Commercial awareness
- Proven organisational skills
- Detailed knowledge of Barclays Group Governance and Control Policies
- Extensive working knowledge of the financial reporting system.
- Detailed knowledge of the Bank’s internal control mechanism.
- Strong computer skills in various accounting related software
including excel
How to Apply:
If you feel
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:
Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
For queries contact us
on 0417122453 or email: [email protected]
on 0417122453 or email: [email protected]
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