Associate Manager - Transfer Pricing

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary

Calculation of monthly / quarterly accruals for various revenue or cost allocation processes

Routine calculation of accruals for more than 70 countries for allocation

Preparation of various working files and spreadsheets to facilitate the process

Preparation of various country support working files for various countries across the countries

Proactive involvement to facilitate process efficiencies by standardising / streamlining processes

Attending periodic calls with stakeholders for sharing updates and resolve issues if any

Attending calls with countries to address their queries and to educate them with any process change

Preparation of documentation reports

Liaison with the Interco team for advising the entries

Assisting in the testing phase of automation by performing a parallel run and identifying the gaps

Participating in learning and training activities

General administrative support to finance teams

Key Responsibilities

Strategy

Understanding Group's Transfer Pricing Policy, Procedure and Guidelines

Business

Understanding the implementation of Transfer Pricing guidelines across all the SCB entities

Processes

To adhere the timelines followed for preparation of Cost and Revenue accruals along with automation support and attending country queries

People & Talent

To understand and support the requirements of country finance and country tax requests and attending audit queries within the given TAT

Risk Management

Failure to understand the rules will result in double taxation for the group

Governance

Ensuring the timelines for preparing monthly accruals and sending the advise to beneficiary entities; follow up with country tax and regional tax leads for dispensation request and preparation of cost matrix for all the recharges which will ensure the strict governance around all the recharges from the group to countries

Skills and Experience

Excel

Qualifications

University degree preferable in Finance or Accounting (Mandatory

Professional qualification such as CA, CWA or MBA Finance (Desirable)

Minimum 3-4 years' experience in transfer pricing

Good understanding of general tax principles and accounting treatment for taxes (current & deferred tax)

Good understanding or knowledge of Indian / International income-tax laws

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.