• Associate Vice President Group Functions Finance Jobs in Chennai,India - 25331641

  • Standard Chartered Bank Ltd
  • Save Job
  • 4 - 6 Years
  • Posted : above 1 month

Job Description:

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base

RESPONSIBILITIES
Job description
We are looking for an outgoing and highly motivated Financial business partner having strong accounting skills to act as the lead finance business partner for the global property function responsible for performance management of the function This role will act as an integral part of the Property CFO team in executing finance agenda for the function The position will also act as the lead for the delivery of the process to produce the IFRS 16 accounting entries, and to ensure the implementation of robust controls around their review You will also gain firsthand experience of GPMS Manhattan system, the Bank s property Data management system

This is an exciting opportunity to move into a Group function and get a good insight as to how finance can partner property

Business
The Property Finance team within Functions Finance(based in London and Singapore) is responsible for
Producing and analysing the MI to support the strategic planning of the Property function
To act as the review and challenge over the property cost reporting process and numbers to ensure high levels of control are maintained at all times
Support / drive a cultural change that inspires and continues to help build a reputation for a world-class function

Reporting to Senior Vice President, GFS-Functions Finance Cost, the purpose of the role is to
Processes
Build, operate and sustain a high quality finance partnering function for the global property function supporting CFO , Group CFO function and property in driving the finance agenda
Act as a catalyst to transform the current offshore function from a supplier of property finance MI into a decision support engine for the Group property function
Lead and drive initiatives towards best in class MI by addressing systems and data issues and embedding standardisation wherever possible
Work as an active partner in driving an improvement in the way the bank forecasts and manage property cost Seek to work with functions to embed a solution that is integrated with planning processes and meets multiple stakeholder requirements across the bank to effective manage performance , risk and opportunities linked to firm s property cost base
Support our outsourced property management company (CBRE) with the GPMS Manhattan system processes required to produce IFRS16 compliant accounting entries
Responsible for the delivery of monthly production and review IFRS16 Accounting entries, including extracting the reports and communicating those details to relevant country finance teams
Work closely with the Records to Close (R2C) team to correct any issues with raised during journal posting
Production of MI to assist countries in managing IFRS16 in-scope leases and associated payment processes for those leases
Point of contact for all issues related to the IFRS16 accounting entries which will include frequent liaison with Country Finance, Property Finance Managers, Property Asset Management, and Group Accounting Policy
Assist the Property Finance team with the planning and forecasting process with accurate forecasting of IFRS 16 associated entries

People and Talent
Line management responsibilities for the property finance team in Chennai
Establish strong working relationships with Group & Country Property and Finance teams across the network and provision of support and guidance for IFRS16 reporting entries
Establish strong working relationship with CBRE our outsourced Property Data Management Partner

Risk Management
Ensure that the integrity of the financial data remains within the highest standard, by ensuring that adequate financial and process controls in place
Ensure that the Operational Risk Framework is adhered to for IFRS16 reporting processes

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, escalate, mitigate and resolve risk, conduct and compliance matters

Key Stakeholders
Head of Finance, Finance Head, Financial Reporting
Global Functions Finance Team
Group Property Team
Regional Property Finance Leads
Country Finance Teams
Country Property Teams
Close to Report team (GBS Chennai)
CBRE Team

QUALIFICATIONS
University degree or equivalent
Qualified accountant, 4 years PQE preferably with a Financial Services background
Experience of working in a financial environment
Excellent analytical skills and ability to challenge data and results
1 Strong stakeholder management skills, able to simplify complex matters for non finance senior stakeholders
2 Track record of process delivery in a complex, global environment, including managing on shore relationships
3 Ability to engage across a network located in multiple locations
4 High proficiency in Microsoft Excel with working knowledge of PSGL preferred

Apply now to join the Bank for those with big career ambitions

To view information on our benefits including our flexible working please visit our career pages
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Profile Summary:

Employment Type : Full Time
Industry : Banking / Financial Services
Salary : Not Disclosed
Deadline : 06th Jun 2020

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