Job Description
Role Responsibilities
• Ensure timely delivery of services relating to Financial Reporting and all other internal and external reporting requirements within the Group and Country deadlines.
• Ensure services are delivered within the SLA, working with a cohesive team to produce the Reports and analyse the material movement 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 Finance division 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.
• Responsible for Ensuring the Closure of the Month End Books. Knowledge on financial reporting including Intercompany reconciliation processes.
• Ensuring compliance of regulations, policies, and requirements of the new reporting standards as prescribed in the Group Policies.
• Responsible for the preparation of various financial reports and work on the adhoc by gauging the requirements from stakeholders and help in FSSC vide Governance activities. (eg compilation of Key Risk Indicators, Dashboard, Metrics and Projects etc)
• To synergise and coordinate with peers across FSSC- the product control, FSM team, Risk team, Balance Sheet management Team, Financial Control team and Management Reporting team.
• Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity.
• Work with different stakeholders to continuously improve process controls and efficiency of delivery of services and Updating DOI.
Our Ideal Candidate
• MBA Finance / Qualified preferred 8-10 years of experience
• The candidate should have good analytical skills, knowledge of reporting standards and understanding on accounting of banking processes.
• Should perform Group Statutory reporting as per Group statutory reporting procedures by referring Group Finance division Instructions
• Current experience should be related to Finance & Accounts [viz., Preparation of Journal entries, Month end Book Closure, Preparation of financial statements (P&L and B/S) including fair value analysis].
• Analyse financial statements prepared.
• Understands the concepts of Financial Instrument and Non-Financial instruments.
• Supporting Analytics for variances and timely communication to stakeholders.
• Demonstrate the ability to respond to Country / Group requirements and queries within the SLA.
• Good understanding of Financial Accounting standards (IAS and IFRS)
• Demonstrates ability to respond to client requirement.
• Good Communication and analytical skills.
• Basic Excel functions and ERP (General Ledger Module) working knowledge
Role Specific Technical Competencies
• Clear understanding on core concepts of Financial Accounting standards (IAS and IFRS)
• Establish Clear Ownership of the data points in the Risk Reporting
• Be a SME of the Group Consolidation Process with in-depth knowledge of the process, linkages and contextual understanding of the Key drivers and metrics
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
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential
• Ensure timely delivery of services relating to Financial Reporting and all other internal and external reporting requirements within the Group and Country deadlines.
• Ensure services are delivered within the SLA, working with a cohesive team to produce the Reports and analyse the material movement 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 Finance division 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.
• Responsible for Ensuring the Closure of the Month End Books. Knowledge on financial reporting including Intercompany reconciliation processes.
• Ensuring compliance of regulations, policies, and requirements of the new reporting standards as prescribed in the Group Policies.
• Responsible for the preparation of various financial reports and work on the adhoc by gauging the requirements from stakeholders and help in FSSC vide Governance activities. (eg compilation of Key Risk Indicators, Dashboard, Metrics and Projects etc)
• To synergise and coordinate with peers across FSSC- the product control, FSM team, Risk team, Balance Sheet management Team, Financial Control team and Management Reporting team.
• Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity.
• Work with different stakeholders to continuously improve process controls and efficiency of delivery of services and Updating DOI.
Our Ideal Candidate
• MBA Finance / Qualified preferred 8-10 years of experience
• The candidate should have good analytical skills, knowledge of reporting standards and understanding on accounting of banking processes.
• Should perform Group Statutory reporting as per Group statutory reporting procedures by referring Group Finance division Instructions
• Current experience should be related to Finance & Accounts [viz., Preparation of Journal entries, Month end Book Closure, Preparation of financial statements (P&L and B/S) including fair value analysis].
• Analyse financial statements prepared.
• Understands the concepts of Financial Instrument and Non-Financial instruments.
• Supporting Analytics for variances and timely communication to stakeholders.
• Demonstrate the ability to respond to Country / Group requirements and queries within the SLA.
• Good understanding of Financial Accounting standards (IAS and IFRS)
• Demonstrates ability to respond to client requirement.
• Good Communication and analytical skills.
• Basic Excel functions and ERP (General Ledger Module) working knowledge
Role Specific Technical Competencies
• Clear understanding on core concepts of Financial Accounting standards (IAS and IFRS)
• Establish Clear Ownership of the data points in the Risk Reporting
• Be a SME of the Group Consolidation Process with in-depth knowledge of the process, linkages and contextual understanding of the Key drivers and metrics
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
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential
💡 Quick Summary
Seeking a career-building opportunity? The Spl|st| Financial position is now open for candidates interested in the Bank 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 Bank Jobs is a plus.
