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Vice President, R2R Reporting
Vice President, R2R ReportingConfidential • Chennai, India
Vice President, R2R Reporting

Vice President, R2R Reporting

Confidential • Chennai, India
17 days ago
Job description

Key Responsibilities

  • Oversee the preparation and submission of accurate and timely financial statements in accordance with GAAP, IFRS, and other regulatory requirements.
  • Ensure services are delivered within the Group timelines, working with a cohesive team to produce the Reports and analyse the material movement in a timely and accurate manner. Any breach is immediately escalated to the Line Manager with due reasons as applicable.
  • Exercise right level of diligence, control, and governance to comply with Data Quality and Reporting Expectations including those that are prescribed by Group Finance division and ensure that the reports / packs that are reviewed / generated are in line with expectation and due diligence is adhered to and ensure consistency and promptness in service delivery.
  • Comply, Monitor, Validate and Report all Key Performance Indicators within the overall service delivery framework. Any breaches of the above framework are promptly highlighted to the line manager.
  • Ensuring compliance of regulations, policies, and requirements of the new reporting standards as prescribed in the Group Policies.
  • Provide training and development opportunities to enhance team skills and performance
  • Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity.
  • 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.
  • Conduct regular assessments of financial processes and implement improvements as needed.
  • Oversee the implementation of financial systems and software to enhance reporting efficiency
  • Collaborate with senior management to develop financial strategies and plans.
  • Lead and mentor a team of financial reporting professionals.
  • Supporting the audit process and working with the external auditors to ensure that accounts are filed with the relevant authorities
  • Embed Here for good and Group's brand and values in GFS India Reporting; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Key stakeholders

  • Internal SCB Staff Group FR Reporting
  • Group financial controller
  • Group Technical accounting
  • Capital & Liquidity reporting.
  • Regulatory Reporting
  • Qualifications

  • Education-Qualified CA (or equivalent accounting qualification) / MBA in Finance from Tier 1 business school
  • The candidate should have excellent analytical skills and control mindset along with expertise in technical knowledge of IFRS accounting standards in the context of financial institutions (10+ years of experience or exposure to external financial reporting, consolidation and disclosures under IFRS as applicable to tier 1 global financial institutions is necessary).
  • Advanced level of understanding of financial products and their accounting implications.
  • Excellent communication skills to articulate and explain complex financial information and collaborate with internal senior stakeholders and auditors
  • Effective skillset and experience to collaborate with finance controllers, internal and external stakeholders.
  • Experience of driving change and collaborating with IT and Transformation teams
  • Experience in leading a team and managing multiple tasks / activities, creating back ups and efficiencies in processes, upskilling the team, driving the end to end ownership on reporting processes
  • Certification-IFRS
  • Languages-English
  • Skills And Experience

  • IFRS Knowledge
  • Accounting for financial products
  • Analytics
  • Risk Assessment
  • Strategic Thinking
  • 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.
  • Skills Required

    Strategic Thinking, Risk Assessment, Analytics

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