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Financial Control and Regulatory Analyst

Madrid, Spain

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Madrid, Madrid

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Date live: Oct. 11, 2022

Business Area: COO & Functions

Area of Expertise: Finance

Reference Code: 00274777

Contract: Permanent/Regular

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About Spain Financial Control
Spain Financial Control team is responsible for financial statements preparation, Barclays Group reporting, Bank of Spain regulatory reporting, accounts payable and T&E, local tax (SII, VAT), for all Barclays entities in Spain, i.e. Barclays Bank Ireland PLC Spanish Branch, Barclays Tenedora de Inmuebles and BVP Galvani Global. Always in compliance with prevailing accounting and reporting regulation, under an appropriate risk and control framework.

Overall purpose of role

The role offers the opportunity to play an important finance role for Barclays in Spain. The main focus is on producing our local Tax reporting deliverables (SII reporting, VAT, taxes withheld), obtaining the necessary information from AP and T&E cycles and ensuring that it is complete and accurate. Role will also be involved in the preparation of Bank of Spain regulatory reporting (Anacredit). However, proactivity, collaboration and learning within the team is highly encouraged so the candidate will be involved in other finance activities, such as analytical review of the performance of the branch.

Key Accountabilities

We expect a high level of accountability and ownership within the following tasks to be fulfilled:

  • Responsible for producing local Tax regulatory deliverables (daily SII reporting, monthly VAT and taxes withheld), ensuring completeness, accuracy and timeliness in all reports.
  • Perform the relevant checks and reviews of tax deliverables, liaising with Tax representative in Spain for this purpose
  • Monitor reconciliations performed by Centre of Excellence in India, both for invoices and travel&expense.
  • Perform other off-cycle payments
  • Education and support on purchase orders, accruals, invoice payment and T&E for local cost owners.
  • Preparation of Bank of Spain regulatory reporting (Anacredit).
  • Prepare information for Group requests and external audit.

Risk and Control Objective

As all Barclays colleagues, the candidate has to 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.

Essential Skills/Basic Qualifications:

  • University degree in Business Administration, Accounting/Audit specialisation
  • At least 2-3 years’ experience working in Banking/Finance industry or top tier consulting firm
  • Fluency in English language
  • Excellent organisational skills and a flexible and proactive work style with proven ability to meet tight timelines consistently
  • Strong problem solving mindset with focus on controls. You will be comfortable performing analysis at a granular level of detail to ensure our deliverables are high quality, accurate and on time
  • Strong communication and interpersonal skills. You will be comfortable working with and creating robust relationships with Barclays stakeholders from various countries (India, Ireland, UK, continental Europe).

Desirable skills/Preferred Qualifications:

  • Previous experience in a Financial Control function at a top tier organisation
  • Strong knowledge on tax reporting rules
  • Experience in preparing accounting records and tax returns
  • Experience in financial and regulatory systems architecture together with familiar tools used SAP, Excel

Purpose and Values

Barclays has a single cross-business Purpose for Barclays and five core Values which underpin it.

Our Purpose is to create opportunities for people to rise- customers, clients, colleagues and society. Put simply this is the answer to the question ‘What is Barclays for?’ and it should guide our every action as employees.

Respect

We respect and value those we work with, and the contribution that they make.

Integrity

We act fairly, ethically and openly in all we do.

Service

We put our clients and customers at the centre of what we do.

Excellence

We use our energy, skills and resources to deliver the best, sustainable results.

Stewardship

We are passionate about leaving things better than we found them.

More about working at Barclays

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re committed to providing an inclusive culture and environment, that recognises 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.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

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Purpose

Working together for a better financial future.

Values

We believe great talent RISES. It acts with Respect, Integrity, Service, Excellence and Stewardship.

Mindset

We discover our full potential through our desire to Empower, Challenge and Drive each other.

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