Senior Manager - Financial Control

Standard Chartered India; Chennai; Hybrid; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Inclusive culture

Competitive salary & benefits

Retirement savings & insurance

Generous time-off

Job summary

Standard Chartered India in Chennai seeks a finance professional to align day-to-day work with group strategy and manage inter-company transactions.

You will handle journal processing, MI reporting, invoicing, accruals, real-time settlements, and audit substantiation across multiple hubs, ensuring accuracy and compliance.

Qualifications

• Analytical & Logical Thinking.
• Excel Coding.

Responsibilities

• Understand and imbibe the Group’s Strategy into the work delivered.
• Journal processing, MI report generation.
• Raising and settlement of Inter-company recharges.
• Generation of invoices for GBS & SODA for all recharges like TPS, MDS, Shares, Opex etc.
• Accruals for the outstanding recharges.
• Real-time settlements to lower ageing.
• Ensure ABDO are mapped to the correct preparer and approver; escalate unmapped ABDO.
• Substantiate ABDO with audit evidence and reconciliation.
• Follow up with the approver for substantiation in FCS system.
• Timely receipting for all SODA settlements.
• Receipting through AR billing for GBS IN, KL and PL Hubs.
• Blank Affiliate clearance for Inter-Company Group accounts.
• TP/GL recon for Inter-company accounts.
• Eliminate inter-company breaks across control accounts.

Skills

Analytical & Logical Thinking

Excel Coding

Education

Postgraduate / Professional Qualification in Finance & Accounts

Job description

• 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.

Key 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

• Journal processing, MI report generation.
• Responsible for raising and settlement of Inter-company recharges.
• Generation of invoices for GBS & SODA for all recharges like TPS, MDS, Shares, Opex etc
• Accruals generated for the outstanding recharges relating to Cost / Revenue/ GBS.
• 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.
• 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
• Timely receipting for all SODA settlement for countries managed by FC-IC
• Receipting through AR billing for GBS IN, KL and PL Hubs.
• Blank Affiliate clearance for all entities for Inter-Company Group accounts
• TP/GL recon for Inter-company accounts
• Work towards eliminating any Inter-company breaks across all control accounts.

People & Talent

• 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 communication skills, including presenting and influencing senior management.
• Excellent Excel & PowerPoint skills
• Excellent written and oral communication skills.
• Solid people and project management skills.

Risk Management

• Understand the Group Accounting Policy and the FCSR Standard and Policy in a way that he/she can identify any control lapses that has an element of risk and highlighting/escalating as appropriate

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Group / Country Finance / Financial Controllers

Skills And Experience

• Analytical & Logical Thinking
• Excel Coding

Qualifications

• Postgraduate / Professional Qualification in Finance & Accounts

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• 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 leave, parental/maternity (20 weeks), sabbatical (12 months 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.