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
Needs to and be aware of the understand the Group’s Strategy (looking at the big picture) and able to imbibe that into the work that is being delivered
Needs to and be aware of the understand the Group’s Strategy (looking at the big picture) and should be able to relate to it.
Perform the pre-pack intercompany reconciliation processes including but not limited to the following : Prepare recharge advice.
Journalize accounting entries.
Standardize booking across receiving and paying entity. Reconciliation of Interco balances in RP and CP books Raise SODA for settlement and follow-up for closure.
Provide supporting documents for Substantiation. Extract & format TP Reports Identify Missing details Post correction Journals
Upon completion, prepare the IFRS schedules including but not limited to the following processes : Prepare KB / KC schedules Submit Schedules to FR & counter parties Upload Balances in ICS Validate KB / KC Schedules
After submitting the KB / KC IFRS schedules in ICS, the following processes are performed : Receive PCS vs. PCS mismatch report from GFD Investigate & follow up with counter parties for mismatch Reconcile & Submit to country for review Prepare & Send T1 journals to GFD Submit Journal Log to country Send posted T1 journals details Prepare PSGL Journal template Send Journals Approve journals Post journals into PSGL by GFS R2R
As part of SLA, ensure timely delivery of services including but not limited to those listed above, relating to intercompany transactions.
Ensure services are delivered within the SLA, working with a cohesive team to produce the Analysis and Reports in a timely and accurate manner.
Any breach in SLA’s is immediately escalated to the Line Manager with due reasons as applicable.
Exercise right level of diligence, control and governance to comply with Data Quality and Reporting Expectations including those that are prescribed by Group Management Reporting and ensure that the reports / packs that are reviewed / generated are in line with expectation and due diligence is adhered to and ensure consistency and promptness in service delivery.
Comply, monitor, validate and report all Key Performance Indicators within the overall service delivery framework. Any breaches of the above framework are promptly highlighted to the line manager.
Thorough knowledge of the structure, requirements and preparing relevant IFRS schedules of the financial reporting for review.
To lead the efforts to synergise and coordinate with peers across GFS R2R - the Financial Reporting team, product control, FSM team and Risk team in addition to dealing with countries on shore.
Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity.
Work on ad-hoc MIS by gauging the requirements from stakeholders and help in GFS R2R vide Admin activities. (e.g. compilation of Key Risk Indicators, Dashboard, Metrics etc)
Work with different stakeholders to continuously improve process controls and efficiency of delivery of services.
Update DOI’s (Departmental Operating Instructions) and cross train other team members to ensure the dependencies are clear and seamless.
To be aware of accounting policy / interco standards as it prescribes the process and in case of any breaks / outstanding balances, the timely action required.
So the employee should adhere to that policy in terms of highlighting such issues as risk in the right forums
Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.
This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Lead to achieve the outcomes set out in the Bank’s Conduct Principles : Fair Outcomes for Clients; Effective Financial Markets;
Financial Crime Compliance; The Right Environment. *
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
To coordinate and liaise with Internal and Onshore
Our Ideal Candidate
CA / CWA or its equivalent, MBA (Finance), MBA (Banking), M.Com, MFM or any Finance equivalent from reputed institute
The candidate should be flexible for UK and US time zone and willing to extend as necessary during the month close window
Our Ideal Candidate
Chartered Accountant or MBA with 6+ years of relevant finance experience in Accounting and Control, Finance process re-engineering, and organisation Design