Specialist Accounting Control

Standard Chartered India; Chennai District; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Flexible working options

Wellbeing platform (Unmind)

Learning & development opportunities

Competitive salary & benefits

Inclusive and diverse workplace

Job summary

Standard Chartered India is seeking a detail-oriented finance professional to manage journal processing, inter-company recharges, and reconciliations across GBS hubs. The role emphasizes accuracy in close processes, substantiation, and timely invoicing for internal recharges.

The candidate should excel in MS Office, especially Excel and PowerPoint, and hold a B.Com or M.Com degree with strong communication and stakeholder management skills for effective collaboration with global teams.

Qualifications

• Proficient with MS Office applications, especially Excel and PowerPoint.
• Bachelor's or master's degree in commerce (B.Com / M.Com) is required.
• Strong understanding of financial close processes and controls.

Responsibilities

• Understand and align work with the Group’s strategy and drive it into day-to-day tasks.
• Handle journal processing, MI report generation, and inter-company recharges.
• Generate invoices for GBS & SODA recharges and monitor accruals and aging.
• Ensure proper mapping of ABDO, substantiation in FCS, and timely receipting for SODA.
• Maintain control around Inter-company accounts, TP/GL reconciliation, and breaks.

Skills

MS Office

PowerPoint

Excel

Education

B.COM / MCOM

Tools

MS Office Tools

Job description

Job Description:

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 R2R
• 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 is able to 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.

Skills And Experience

• MS Office

Qualifications

• B.COM / MCOM

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.