Vice President Finance
Standard Chartered
Chennai, India
5d ago

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation.

This in turn helps us to provide better support to our broad client base. The Role Responsibilities

  • Strategic Business Partnering : This inter alia includes the following,
  • Collaborate with India Technology unit to,

  • Support functioning of the Technology business unit well within its annual budgets / forecasts Approx USD 300 Mn
  • Strategise on pricing for activities man-day and cost plus models
  • Facilitate the unit to plan and deliver productivity saves
  • Maintain margins in line with regulatory requirements
  • Aid business to reap cost effectiveness through efficient infrastructure management premises cost and seat utilisation being a key parameter for cost effectiveness
  • Member of Chennai Technology Operations Management Committee Technology India Leadership Team
  • Represent Finance in the committee consisting of approx 25 business unit heads and ensure finance compliance in all strategic and routine business activities.
  • Identification and Mitigation of Risks, impact analysis and representation in unit Risk Committee.
  • Represent Finance in Technology Risk Forums and highlight finance related risks and track progress to closure
  • Manage financial database of the division and ensure timely provision of all MIS along with key analytics viz. Monthly Revenue and Cost statements with variance from Budget / Forecasts, Monthly Business Reviews (MBR), Margin statements
  • Internal stakeholder management : Principal SPOC, covering three hubs, for Group Finance team at Singapore, for Revision of price man-day , including justification, concurrence and implementation of the same in clarity’ systemProjection of margins and pass back of actual during quarter endsProjection of recharges during Forecast cycles and Corporate Plan exercisesCo-ordination with onshore business and BE teams for recording group driven cost efficiencies
  • Driving process efficiencies and automation Constantly review and challenge processes and brings in efficiencies through automation and simplification.
  • Actively engage with external stakeholders along with the business Vendors (exclusively for commercial portion of the engagement (in case of disputes around tax, volume discounts etc), internal and external audit Facilitate Head of Technology during country regulatory due diligence / visits eg PRA and Country compliance teams.
  • Peopled Management : Manage a high performing team within India with an extended overview of resources at other hubs. Lead the team forSetting and exercising effective controls through robust approval processes in collaboration with Financial Control teamPreparation of monthly financial MI, forecasts and corporate plan exercisesEnsure generation of monthly financial MI and socialisation of the same with the cluster headsEnsuring compliance of the Bank’s guiding principles and values behavioursEnsuring compliance of company and financial policies such as completion of mandatory e-learnings and corporate social responsibilitiesDevelop talents and build a strong pipeline of finance business partner
  • Our Ideal Candidate

    Incumbent to possess relevant experience in senior finance management (preferably from technology industry).

    Exposure to management of revenue and cost through time & material’ base will be an added advantage.

    Specific skills required including,

  • Provide value added strategic partnering and possess abundance of common sense
  • Strong leadership capability, courageous and bold to challenge with facts and sound commercial sense
  • Able to operate independently with minimal supervision and navigate in a complex and ambiguous environment
  • Budget management and financial compliance
  • Accounting standards / policies and Financial Control framework
  • Regulatory compliance
  • Management Information skills with analytical expertise
  • Customer / relationship management
  • Resource and people management - Extensive matrix and line management within a large corporate environment
  • Building positive relationships and be cultural sensitive and inclusive
  • High influencing skills and be responsive to change in a dynamic environment
  • Passionate about people and Motivate team members and provide a working environment that energises, stimulates and facilitates engagement
  • Apply
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