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.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
💡 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.