VP - Barclays UK Cost Planning

Job Description

Purpose of the role

To provide financial expertise and support to specific business units or departments within the organisation, and act as a liaison between the finance function and various business units, helping to bridge the gap between financial data and business decisions.  

Accountabilities

• Development and implementation of business unit financial strategies, plans and budgets, using insights to evaluate the financial implications of strategic initiatives and recommend appropriate actions.
• Development of financial models to forecast future performance, assess investment opportunities, and evaluate financial risks for business units, and to analyse the impact of business decisions on financial performance and provision of recommendations.  .
• Cross functional collaboration to provide financial insights and guidance to business unit stakeholders.
• Identification of opportunities and implementation of financial process improvements that streamline financial operations.
• Support to business units in identification, assessment, and mitigation of financial risks, including provision of training and guidance to business units on financial risk management and compliance practices.
• Analysis and presentation of financial data to provide insights into business performance, identify trends, and support decision-making.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

At Barclays, we don’t just adapt to the future – we create it. Embark on a transformative journey as a VP - Barclays UK Cost Planning, where you’ll play a pivotal role in shaping the future of Legal UK team lead the Planning, Analytics and Reporting for BUK (Barclays UK) COO (Chief Operating Office) and the transformation Programme. Your role will be required to lead the production of insightful Management Information (MI). Your role requires an ability to manage key stakeholder relationships with the COO business and wider Barclays UK Finance and to provide valuable decision support, monitoring and challenge. You will also need to maintain best in class, efficient and robust processes and systems, and look for continuous improvement opportunities within the remit of the role, driving through these improvements to completion. Your role will be to develop a sound working knowledge of how operations and technology services operate for the retail bank and will have a good understanding of the major transformation initiatives. You will play a crucial role in stakeholder management, building effective relationships and promoting collaborative communication. The team facilitates decision-making processes and supports transformation projects by incorporating stakeholder input.

To be successful as a VP - Barclays UK Cost Planning, you should have experience with:

• Commercially minded with proven skills and experience in Planning and Analytics.
• High levels of problem-solving ability
• Strong analytical and decision-making skills.
• Strong senior stakeholder management and communication skills, both verbal and written, with proven experience in influencing and negotiating senior stakeholders.
• Experienced at process improvement
• Understanding of the banking model and the factors that drive financial performance and business success.
• Ability to understand large and complex data.
• Professional accountancy qualification or equivalent relevant experience and good accounting knowledge.
• Excellent communication skills, very organized and must have the ability to multitask and prioritize.

Some of highly valued skills may include:

• Ability to balance multiple critical requests from various stakeholders and prioritize in the right order.
• Ability to drive and execute deliverables in short time frames
• Attention to detail and strong organizational skills.
• Ability to develop and maintain constructive relationships with internal stakeholders across all levels and geographies of the organization.
• Communication, influencing and negotiating skills with a record of working with Senior stakeholders.
• Experience in operating in a multi-geographic, matrix organization.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

The location for this role is Noida, IN.