Specialist, Product Control (CA Freshers)

Standard Chartered India; Bengaluru; On-site; INR 1,400,000 - 2,100,000; Full time

Benefits offered by this job

Competitive salary

Flexible working options

Medical insurance

Retirement benefits

Job summary

Standard Chartered India is seeking a Finance Control Analyst to help design and implement control processes for business units without Product Control. The role involves monitoring Daily PnL and Balance Sheet controls, ensuring timely completion and review of processes.

You will collaborate with Technology, Product Control teams, in-country finance, COO and risk teams, and support month-end reconciliations and data integrity reporting.

Qualifications

• 2+ years of experience in a similar field.
• Good understanding of Accounting and Financial Markets products.
• Analytical skills with hands-on experience in financial systems.

Responsibilities

• Design and implement new control processes for products lacking Product Control.
• Monitor key controls around Daily PnL and Balance Sheet.
• Liaise with Technology, Product Control, in-country finance, COO and risk teams.

Skills

Analytical skills

Financial instruments knowledge

Education

CA or MBA (Finance)

Tools

PeopleSoft

SAP

MS Office

MS SQL

Job description

Job Summary

• Help design and implement new control processes for business that currently do not have Product Control function.
• Monitoring of key controls/ processes around Daily Pnl & Balance Sheet.
• Ensuring that all controls are followed, completed and reviewed in a timely manner.
• Manging Stake holder expectations - Liaising with key stake holders such as Technology, Product Control line teams, in-Country Finance teams, COO, Risk teams and other finance and Ops teams within GBS
• Review of Daily/Month-end reconciliations between the various TP systems and the General Ledger.
• Assist in the design, testing and implementation of TP data integrity / exception reports.
• End to End delivery of Monthly AvF Reconciliation.
• Ensuring that all controls are followed, completed, and reviewed in a timely manner.
• Review of month-end balance sheet substantiation of PC owned balances.
• To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9.
• Ideation/Initiation of process simplification/Automation of daily processes.
• Maintenance of DOI for Daily P&L and AvF processes.
• Preparation of regular and ad hoc month end journals as part of ME book close.

Job Summary

• Help design and implement new control processes for business that currently do not have Product Control function.
• Monitoring of key controls/ processes around Daily Pnl & Balance Sheet.
• Ensuring that all controls are followed, completed and reviewed in a timely manner.
• Manging Stake holder expectations - Liaising with key stake holders such as Technology, Product Control line teams, in-Country Finance teams, COO, Risk teams and other finance and Ops teams within GBS
• Review of Daily/Month-end reconciliations between the various TP systems and the General Ledger.
• Assist in the design, testing and implementation of TP data integrity / exception reports.
• End to End delivery of Monthly AvF Reconciliation.
• Ensuring that all controls are followed, completed, and reviewed in a timely manner.
• Review of month-end balance sheet substantiation of PC owned balances.
• To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9.
• Ideation/Initiation of process simplification/Automation of daily processes.
• Maintenance of DOI for Daily P&L and AvF processes.
• Preparation of regular and ad hoc month end journals as part of ME book close.

Qualifications

• CA or MBA (Finance) from a reputed institution.
• 2+ years of experience in similar field.
• Good understanding of Accounting and Financial Markets products.
• Analytical skills, hands on experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage.
• Strong Control mindset.

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.