Job Description
The Role Responsibilities
Strategy
• Ensure to achieve efficiency in processes, quality and cost by digitization and simplification of process.
• Consolidation of all Digital Ventures projects into the hub and other standalone entities.
• Managing and Leading teams aligned to the Record to Close (R2R) processes.
• Ability to connect to the big picture and Drive Chapter Three principles.
Business
• Effective stakeholder management for respective processes across geographies.
Processes
• Being new model the expectation would be multiple fold and as individual contributor one has to handle end to end process including substantiation, management of books of accounts, accountings controls and HR accounting operations processes ensuring compliance of regulations, policies and requirements of Digital Venture entities and standalone countries.
• Creating and implementing policies and procedures to identify, resolve and document accounting / operational issues in addition to creating procedures to make the close and reporting processes more efficient and accurate. Raise relevant risks to delivery by effective communication.
• Review daily review of trail balance, monitoring of bank balance / reconciliation monthly accounting close process including analytical review of the monthly operating results as per IFRS standards to ensure accurate accounting records are maintained / substantiated.
• Ensure that the standards of customer service provided by the function consistently exceed the requirements set under the Service Level Agreements agreed and project assignment by stakeholders.
• Leverage process / domain expertise to identify opportunities for quality and process design improvement with new ways of working by holding the values of the Group and Company at all times.
• Drive the new centralization of Digital Venture project process and stabilize into R2R space by putting robust structure, controls and validation. Drive agenda book of work for the year.
• Preparation of white paper supporting the monthly close process and month end balances and publish timely KPI, MI dashboard for senior management and stakeholders.
• Lead project support and timely engagement with GBS Legal and Compliance and co-ordinate with onshore team for obtaining necessary approvals.
• Continually reviewing all assigned processes in order to identify opportunities for quality and process design improvement.
• Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives.
• Handle all internal and external audits (EY,GIA) and submission of timely / accurate reports to GFS Operation.
• Effectively lead change, manage and escalate risks arising out of transition of new processes.
• Bring Process Transparency.
Risk Management
• Provide insights and brainstorm the mitigation measures with respective function leads.
• Highlight delays and related impact considering inter dependencies.
• Highlight process risk in appropriate forum and timely closure.
Governance
• Monitor and track progress of all activities scheduled / completed / ongoing during the close period through out.
• Drive initiatives towards Fast Closure of books including internal / external audits (EY, GIA).
• Publish the RAG status for all critical activities across the close cycle.
• Design and implement KPIs and dashboards.
Regulatory and 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.
Key Stakeholders
• Onshore Head of Finance - CFO.
• GFS P2P, IM, GPS, R2P, R2R.
Our Ideal Candidate
• Preferably Chartered accountant / CMA (10 years) or Commerce Graduate with good understanding of General accounting, Financial and accounting control policies, HR Benefit with ten plus years of work experience.
• In-depth knowledge of the e2e book close process in a large international Bank and relevant key measures that drives effectiveness of these processes.
• Effective communication skills, including presenting and influencing senior management.
Strategy
• Ensure to achieve efficiency in processes, quality and cost by digitization and simplification of process.
• Consolidation of all Digital Ventures projects into the hub and other standalone entities.
• Managing and Leading teams aligned to the Record to Close (R2R) processes.
• Ability to connect to the big picture and Drive Chapter Three principles.
Business
• Effective stakeholder management for respective processes across geographies.
Processes
• Being new model the expectation would be multiple fold and as individual contributor one has to handle end to end process including substantiation, management of books of accounts, accountings controls and HR accounting operations processes ensuring compliance of regulations, policies and requirements of Digital Venture entities and standalone countries.
• Creating and implementing policies and procedures to identify, resolve and document accounting / operational issues in addition to creating procedures to make the close and reporting processes more efficient and accurate. Raise relevant risks to delivery by effective communication.
• Review daily review of trail balance, monitoring of bank balance / reconciliation monthly accounting close process including analytical review of the monthly operating results as per IFRS standards to ensure accurate accounting records are maintained / substantiated.
• Ensure that the standards of customer service provided by the function consistently exceed the requirements set under the Service Level Agreements agreed and project assignment by stakeholders.
• Leverage process / domain expertise to identify opportunities for quality and process design improvement with new ways of working by holding the values of the Group and Company at all times.
• Drive the new centralization of Digital Venture project process and stabilize into R2R space by putting robust structure, controls and validation. Drive agenda book of work for the year.
• Preparation of white paper supporting the monthly close process and month end balances and publish timely KPI, MI dashboard for senior management and stakeholders.
• Lead project support and timely engagement with GBS Legal and Compliance and co-ordinate with onshore team for obtaining necessary approvals.
• Continually reviewing all assigned processes in order to identify opportunities for quality and process design improvement.
• Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives.
• Handle all internal and external audits (EY,GIA) and submission of timely / accurate reports to GFS Operation.
• Effectively lead change, manage and escalate risks arising out of transition of new processes.
• Bring Process Transparency.
Risk Management
• Provide insights and brainstorm the mitigation measures with respective function leads.
• Highlight delays and related impact considering inter dependencies.
• Highlight process risk in appropriate forum and timely closure.
Governance
• Monitor and track progress of all activities scheduled / completed / ongoing during the close period through out.
• Drive initiatives towards Fast Closure of books including internal / external audits (EY, GIA).
• Publish the RAG status for all critical activities across the close cycle.
• Design and implement KPIs and dashboards.
Regulatory and 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.
Key Stakeholders
• Onshore Head of Finance - CFO.
• GFS P2P, IM, GPS, R2P, R2R.
Our Ideal Candidate
• Preferably Chartered accountant / CMA (10 years) or Commerce Graduate with good understanding of General accounting, Financial and accounting control policies, HR Benefit with ten plus years of work experience.
• In-depth knowledge of the e2e book close process in a large international Bank and relevant key measures that drives effectiveness of these processes.
• Effective communication skills, including presenting and influencing senior management.
💡 Quick Summary
Seeking a career-building opportunity? The Mgr| Accounting Ctrl position is now open for candidates interested in the Accountant Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
