Senior Manager - Financial Control

Standard Chartered; Chennai; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Inclusive and values-driven culture

Competitive pay and benefits

Retirement savings and life insurance

Generous time-off policies

Flexible working options

Wellbeing support and learning culture

Job summary

Standard Chartered in Chennai, India seeks a finance professional to manage inter-company processes, journal postings, and invoicing for recharges across GBS & SODA. You will drive accurate substantiation, real-time settlements, and AR billing for multiple hubs.

The role requires postgrad finance, strong Excel/PowerPoint, and excellent communication to coordinate across Group Finance and country finance teams.

Qualifications

• Postgraduate / Professional Qualification in Finance & Accounts.
• Excellent Excel & PowerPoint skills.
• Strong relationship and stakeholder management abilities.
• Solid understanding of banking products and services.

Responsibilities

• 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 outstanding recharges relating to Cost / Revenue/ GBS.
• Timely receipting for SODA settlements for countries managed by FC-IC.
• Receipting through AR billing for GBS IN, KL and PL Hubs.
• Ensuring ABDO mapping to correct preparer/approver; escalate unmapped ABDO.
• Substantiation in FCS system with supporting documents and reconciliations.
• Follow-up with approver for substantiation approval.
• TP/GL reconciliation for Inter-company accounts.
• Work towards eliminating Inter-company breaks across control accounts.

Skills

Relationship management

Initiative

Banking products knowledge

End-to-end book close

Communication skills

People management

Education

Postgraduate / Professional Qualification in Finance & Accounts

Tools

Excel

PowerPoint

Job description

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, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Group / Country Finance / Financial Controllers

Qualifications

• Postgraduate / Professional Qualification in Finance & Accounts

About Standard Chartered

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.