Senior Manager - Financial Control

Job Description:

Key Responsibilities

Strategy

Build Legal Entity Controller model.

Identify the underlying risk that exists in Balance Sheet and provide a view to CFO/ Risk committee as appropriate.Review to ensure the Integrity, accuracy, and completeness of the GL, detect inconsistencies and review variances and rectify any accounting error prior to book close window.Perform high-quality review of IFRS Financials and disclosures for external publication, ensuring no material misstatements.Employ, engage, and retain high-quality people, with succession planning for critical roles.

Business

Awareness and understanding of the wider business, economic and market environment in which the Legal Entity operates

Processes

To work closely with the Country Finance and GCFO India Financial control teams in managing the Financial Controls & Risk function.Ensure that the periodic reconciliation & substantiation exercise across the bank is performed smoothly and escalate exception / non-compliance to the department head and Country FinanceSupport the day-to-day controls & periodic monitoring activities, timely identification and reporting of significant risks & losses, and effectiveness of risk mitigation actionsImplementation of the process controls and review/compliance To ensure financial control policies and compliance monitoring measures are in place and being adhered to & to ensure a robust financial control environment in the Bank.Embed the Controllership + Reporting model ensuring the end client is kept at the centre of the model ensuring it serves the intended purpose efficiently and effectivelyIdentify and present Financial & Operational Risk to the Senior Managements (CFO, Cluster CFO & Reg. CFO etc.,) through various Risk FORUMs like FORTM, ERC, CORC, SRM etc.,To improve the NPS scores, people engagement, R&R, P3 review and provide timely feed back to the teamTo support CFO declaration / reduction of Group Queries Support the implementation of BSS Tool in ASPIREImprove External and Internal GIA audit gradesAris - Process mapping for all L3 processes & implement opportunities identifiedSuccessful implementation and sustainability of Controllership Framework for the assigned countries.Support the improvement of financial control framework using the Controllership designTo test and sign off existence of financial control measures when the organization launches any new product, ventures, subsidiaries and such other specific projects.Sox implementation

People & Talent

Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

Risk Management

The ability to interpret the Groups financial information, identify key issues based on this information and put in place appropriate controls and measures

Governance

Monitor and ensure that appropriate Change governance is followed across all transformation initiatives. Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model.

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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

Country Finance, GFS

Skills and Experience

Demonstrates proficiency in MS Excel and PowerPointPSGL experienceEffective Communication Stakeholder managementProblem solving & Analytical skillsData managementControl mindset

Qualifications

Education

Minimum 6 years of work experience in financial control / operational risk functions of FIs, internal audit of FIs or external audit from Big 4 firms or over 10 years experience in the FA domainCandidates with experience is core financial market operations or Retail / consumer banking operations (preferred)CA / CWA preferredExposure to SAP, PSGL, work experience in TPGL reconciliations. Exhibiting influential capabilities across departments in complying with the General Ledger Controls and Reconciliation Policies of the organizationPeople