At Barclays, we don’t just adapt to the future – we shape it. Embark on a transformative journey as VP Hedge Accounting Transformation, where you’ll be responsible for designing and delivering systemic solutions to the accounting specialism of Hedge Accounting, expanding the existing product offering under IAS39, considering accounting legislation in different jurisdictions whilst also considering the longer term adoption of IFRS9 and Dynamic Risk Management. This will be executed through a hybrid of delivering extensions to the existing platform whilst ensuring the required transformation outcomes align with finance architecture strategy, drive standardisation, efficiency of operation and future state design principles and business requirements.

KEY ACCOUNTABILITIES:

The Hedge Accounting Transformation VP is accountable for owning specific initiatives as part of the overall finance architecture strategy. This will include:

• Become a trusted advisor to Treasury, Finance, PIO and technology colleagues regarding the Hedge Accounting Transformation programme and wider Finance business architecture strategy.
• Actively drive transformation outcomes for the function, through a strategic lens.
• Pro-actively identify opportunities for improvement, develop the conversation and challenge the status quo.
• Narrating and championing the transformation journey.
• Provide guidance and support to Treasury transformation teams and business users across Treasury.
• Presenting and influencing key stakeholders at the Design Authority, Project Forums and other project meetings.

SOME OTHER HIGHLY VALUED SKILLS MAY INCLUDE:

• The ideal candidate will have experience of finance transformation programs and a good understanding of project management techniques and principles, and process management skills and techniques (Lean, Six Sigma).
• A continuous learning mind-set; someone who applies analytical reasoning and problem solving to all they do.
  You may be assessed on 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.

ACCOUNTABILITIES

• Functional Design: leveraging best practice concepts, and in collaboration with Line SMEs, support options analysis and recommendations as part of decision making.
• Data Analysis/Modelling/Governance: design conceptual data model underpinning all phases of the processes, and governance requirements in accordance with GDMS standards and principles.
• End-to-End Process & Controls - development of target process and controls design/documentation and operational runbooks and aligning these components with organisational and role/service model design definitions. .
• Delivery/Implementation Support: update design/functional requirements throughout the development cycle, and resolve RAIDS related to functional requirements and business processes. Project management for change programmes that have limited technology investment.
• Functional Testing: develop scripts and data to test alignment to requirement definitions, ahead of user testing cycles.

PURPOSE OF THE ROLE

To develop business capabilities for Finance through key stages of functional design, data, end-to-end-process and controls, delivery, and functional testing.

The Hedge Accounting Transformation VP is accountable for owning specific initiatives as part of the overall finance architecture strategy. This will include:

• Become a trusted advisor to Treasury, Finance, PIO and technology colleagues regarding the Hedge Accounting Transformation programme and wider Finance business architecture strategy.
• Actively drive transformation outcomes for the function, through a strategic lens.
• Pro-actively identify opportunities for improvement, develop the conversation and challenge the status quo.
• Narrating and championing the transformation journey.
• Provide guidance and support to Treasury transformation teams and business users across Treasury.
• Presenting and influencing key stakeholders at the Design Authority, Project Forums and other project meetings