Analyst - Financial Control

Overview

Analyst role in Financial Control at Barclays, responsible for preparing regulatory returns to the Reserve Bank of India (RBI) and ensuring compliance with financial control and reporting standards, including roles in regulatory inspections, audits and automation initiatives.

What you'll do

• Prepare RBI regulatory returns and disclosures, ensuring accuracy, completeness and timeliness.
• Manage reporting related to Capital Adequacy, ALM, Treasury returns, and other RBI regulatory requirements.
• Support RBI inspections, statutory audits and reviews.
• Collaborate with Finance, Risk, Treasury, Operations, and Business teams to support regulatory reporting obligations.
• Work on RBI reporting automations, process improvements and transformation initiatives.
• Manage the preparation and presentation of accurate and timely financial statements and other accounting records in accordance with relevant accounting standards, rules and regulations.
• Support identification, assessment, and mitigation of financial risks, and report these risks to senior colleagues.
• Develop and maintain a robust system of internal controls to safeguard assets, prevent fraudulent misreporting, and ensure accuracy of financial data, including regular assessment of control effectiveness.
• Develop and implement up-to-date financial policies and procedures to ensure consistent and effective financial practices across the organisation.
• Manage the selection, implementation, and maintenance of financial systems and software applications, including collaboration with IT colleagues to integrate them with other enterprise systems.
• Prepare and submit statutory and regulatory reports to authorities, and support other departments in preparing and reviewing regulatory reports.
• Coordinate with external auditors and regulatory authorities in support of audits and examinations.

What you'll need

• Qualified Chartered Accountant (CA).
• Understanding of RBI regulations relating to Capital Adequacy, ALM, Treasury reporting, and regulatory returns.
• Knowledge of Indian GAAP, IFRS, and Ind AS.
• Experience in audits and inspections.
• Ensure compliance with RBI regulations, internal financial control standards and accounting frameworks including Indian GAAP, IFRS, and Ind AS.

Nice to have

• Experience in the Indian banking industry.
• Strong analytical and problem-solving skills.
• High execution focus with the ability to manage multiple priorities.
• Effective communication skills.
• Self-motivated, results-oriented and detail-focused.
• Ability to work effectively in a demanding regulatory environment.
• Strong ownership mindset with a focus on automation and continuous improvement.

Details

• Job location is Mumbai.