Specialist RR Accounting Control

Specialist – R2R Accounting & Control-(220001+474)Job:FinancePrimary Location:Asia-India-ChennaiSchedule:Full-timeEmployee Status:PermanentPosting Date:25/Jul/2026, 2:06:02 AMUnposting Date:OngoingRole Responsibilities Strategy 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. Business 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. Processes Responsible for monthly close process, management of books of accounts, accountings controls and accounting operations processes ensuring compliance of regulations, policies and requirements of the “in scope” countries/entities. Manage the process for review and recording of journal entries required to reflect the monthly activity and continuous improvement in productivity to the standards prescribed from time to time. Continually reviewing all assigned processes in order to identify opportunities for quality & process design improvement. Preparation of white paper supporting the monthly close process and month end balances. Lead the initiative for reduction in manual journals across the bank by doing a deep dive into the various thematic issues and driving the improvement through various measures. Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained. Manage and update on Period Close Accounting and Control activities across SCB. Ensuring that continuous efficiency improvement in R2R activities and an established process exists to constantly identify and implement improvement opportunities. Work of elimination of Intercompany breaks Settlements to be initiated on real time basis to lower the ageing on the outstanding. Ensuring All ABDO are mapped into the correct preparer and approver. Unmapped ABDO to be escalated in the correct forums like FORTM and country finance escalation process. Preparing the monthly MI providing the status of the substantiation to senior management. All unowned ABDO are escalated and ensure closure by arriving at the correct preparer approver. All ABDO is substantiated following all audit assertions in the system validating the supporting documents with adequate reconciliation leaving only the open items with correct ageing and action. Follow up with the approver for approving the substantiation in FCS system. All action items to be closed before the quarterly /monthly submission timeline. Group driven timeline for substantiation. Open items need to be escalated in the required forums like FORTMs and country finance teams. Ensure that the standards of customer service provided by the function consistently meet or exceed the requirements set under the Service Level Agreements agreed with the customers. Liaise with customers on the periodic review and re-negotiation of Service Level Agreements and any other related performance and quality measures. Ensure effective systems and procedures for the timely collection of data from all accounting sites and their collation and submission to various recipients. Ensure compliance of regulations, policies & requirements of the ‘in scope’ countries and reports and raise relevant risks to delivery by effective communication. People and Talent Leadership skills and ability to influence others in decision making. Relationship and stakeholder management skills is important. Initiative and proactive thinking. Strong understanding of financial industry, specifically banking products and services. 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 commun