Specialist

Standard Chartered India; Chennai District; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Flexible working options

Medical & life insurance

Retirement savings plan

Annual leave and holidays

Wellbeing program

Job summary

Standard Chartered India is seeking a finance professional to focus on process efficiency and align to FC Cost Controllership. You will connect to the big picture and drive efficiency in processes, quality and cost across banking finance operations.

Responsibilities include ensuring continuous efficiency improvements in FC Cost Controllership, managing MIS, and collaborating with onshore finance and other GFS teams. Strong analytical mindset and excellent communication are essential.

Qualifications

• CA/CMA/CS or MBA/postgraduate with 3+ years in Accounting and Control Finance.
• Deep knowledge of end-to-end book close in a large international bank.
• Strong communication and influencing senior management.

Responsibilities

• Drive continuous efficiency in FC Cost Controllership activities.
• Identify and implement improvement opportunities.
• Coordinate with onshore finance and other GFS teams.
• Prepare periodical MIS and driver analyses.
• Validate accrual documents and investigate aged balances.
• Lead through ambiguities and manage stakeholders.
• Monitor governance of close activities and publish status.

Skills

Financial industry knowledge

Communication skills

Excel skills

PowerPoint skills

Influencing stakeholders

Education

CA / CMA / CS / MBA or postgraduate with 3+ years experience

Tools

Excel

PowerPoint

Job description

• Focus on Process Efficiency and align to the FC Cost Controllership
• Ability to connect to the big picture
• Ensure to achieve efficiency in processes, quality, and cost.

Key Responsibilities

• Focus on Process Efficiency and align to the FC Cost Controllership
• Ability to connect to the big picture
• Ensure to achieve efficiency in processes, quality, and cost.

Strategy

• Focus on Process Efficiency and align to the FC Cost Controllership
• Ability to connect to the big picture
• Ensure to achieve efficiency in processes, quality, and cost.

Business

• Effective stakeholder management for respective processes across geographies

Processes

• Ensuring that continuous efficiency improvement in FC Cost Controllership activities and an established process exists to constantly identify and implement improvement opportunities
• Strong Analytical and Strategic mindset, coupled with a thorough understanding of Accounting and Financial Control in Banking Industry with experience in transformation of book close processes
• Ability to design and build structured processes with consensus of key leaders in the wider organisation.
• Ability to understand and connect business drivers and rationale for and application of those relevant to the GL suspense processes.
• Significant experience of working with management team and of interfacing with Non-Finance community and Finance community and influencing stakeholders.
• Able to quickly establish professional presence and have an excellent communication, analytical and decision-making skills.
• Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Project accounting and related processes
• Strong ability to understand and prepare periodical MIS and its drivers and synthesize them into meaningful analyses as required. Develop analysis & interpretations as required to facilitate management decision making.
• Ability to Validate the documents for accruals and investigate, work on the aged/risk balances if any
• Implement process to eliminate non value added activities in future.
• A team player with the management ability and track record to secure the confidence and respect of the peers, stakeholders and the executive management team.
• Ability to work effectively under pressure, multitask, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations
• Experience on risk reporting on the various business/segments on bank from accounting perspective

People & Talent

• Nurture Team bonding and team engagement

Risk Management

• Highlight delays & related impact considering inter dependencies
• Provide insights and brainstorm the mitigation measures with respective function leads

Governance

• Monitor & track progress of all activities scheduled/completed/ongoing during the close period through out
• Publish the RAG status for all critical activities across the close cycle
• Drive initiatives towards Fast Closure of books

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

• Onshore finance
• Other GFS team

Skills And Experience

• Strong understanding of financial industry, specifically banking products and services
• CA / CMA / CS (fully / semi qualified) or MBA or post graduate with 3+ years of relevant finance experience in Accounting and Control Finance process
• 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.
• Ability to influence others in decision making

Qualifications

• CA / CMA / CS (fully / semi qualified) or MBA or postgraduate with 3+ years of relevant finance experience in Accounting and Control Finance process
• In-depth knowledge of the e2e book close process in a large international Bank and relevant key measures that drives effectiveness of these processes

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer

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 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.