Vacancy for CA/ICWA in Barclays

Title	Financial Control : Inter-company Cost Recharges Analyst
Job Purpose	Cost Recharge process ensures that the costs are correctly matched to the revenue in the revenue generating entity. This is done with due consideration to the appropriate requirements of the tax jurisdiction in which entities are operating and in adherence to a consistent arm’s length framework. The Inter-company Cost Recharges team ensures that costs incurred by a legal entity on behalf of other legal entities are billed to and recovered from those legal entities. The team performing this global function is made up of 3 Executives led by a Manager with the workload being split across three regions (UK, US and Asia-pacific).
Main Accountabilities	The main duties and responsibilities of the Inter-co Recharges Analyst  are : Manage the global cost recharge process for Barclays Capital o    Raising of cost recharge invoices o    Recharges related accounting o    Settlements and settlement related accounting o    Resolving inter-co mismatches and attestations in the Eliminations database o    Preparing account substantiations and reconciliations for monthly Account Ownership o    Preparing schedules / reports that feed into the Letter of Representation Packs Ensure compliance to various policies and procedures applicable to cost recharges and transfer pricing Support entity controllers on cost recharges related issues o    Providing details and substantiation on amounts booked and settled. o    Support infrastructure entities on cost recovery o    Support on details required for tax audits and other audits. Participate in projects on improving efficiency and controls in the process o    Automation of manual processes by leveraging SAP functionalities o    Projects directed towards enhancing controls

Essential/Basic Qualifications

 

Technical Skills/Competencies

Technical Knowledge Essential: Accounting background / experience in accounting Strong academic background – 1st /2nd class honours, minimum bachelor degree from a reputable institution Preferred: §  Qualified Accountant – CA, CPA, ACCA Experience Essential: 1 to 3 years post qualification experience Background in Finance / Banking Preferred §  Experience in Intercompany Recharges Skills Required Essential: Strong control awareness. Enthusiastic, motivated, self-starter, team player. Good IT System skills; Strong interpersonal skills and excellent communicator. Desire to provide top quality service to internal clients. Willingness and ability to take ownership of issues and manage through to a successful resolution. Maintains good customer relations Team Player Preferred: Experience of working in SAP financial accounting or investment banking middle-office / back-office accounting and settlement systems. Language §  Ability to speak / write English fluently  Click here to Apply