Manager, R2R Accounting Control

2 weeks ago


Chennai, India Standard Chartered Bank Full time

Job ID: 36437

Location: Chennai, IN

Area of interest: Audit, Accounting & Finance

Job type: Regular Employee

Work style: Hybrid Working

Opening date: 5 Aug 2025

Key Responsibilities

Strategy

  • As member of the Financial Control – LEC team contributing to the overall Strategy.
  • Supporting the FFG and other transformation programme to drive sustainable solutions and process improvements & standardization.
  • Ability to connect to the big picture.
  • Consolidation of all Digital Ventures projects into the hub & other standalone entities

Business

  • Effective stakeholder management for respective processes across geographies
  • Manage and update on Period Close Accounting and Control activities across SCB.
  • Monitor & track progress of all activities scheduled/completed/ongoing during the close period through.
  • Publish the RAG status for all critical activities across the close cycle & implement KPIs and dashboards.

Processes

  • Drive the new centralization of Digital Venture project process and stabilize into FC- LEC space by putting robust structure, controls, and validation. Drive agenda book of work for the year.
  • Being new model the expectation would be multiple fold and as individual contributor one has to handle end to end process including substantiation, management of books of accounts, accountings controls by ensuring compliance of regulations, policies and requirements of Digital Venture entities & standalone countries
  • Review daily review of trail balance, monitoring of bank balance / reconciliation monthly accounting close process including analytical review of the monthly operating results as per IFRS standards to ensure accurate accounting records are maintained / substantiated.
  • Leverage process/domain expertise to identify opportunities for quality & process design improvement with new ways of working by holding the values of the Group and Company at all times.
  • Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives.

  • Creating and implementing policies and procedures to identify, resolve and document accounting /operational issues in addition to creating procedures to make the close and reporting processes more efficient and accurate. Raise relevant risks to delivery by effective communication.

  • Continually reviewing all assigned processes in order to identify opportunities for quality & process design improvement.

People & Talent

  • Continuous Improvement
  • Continuously evaluate and refine change management methodologies and best practices.
  • Proactively seek feedback from stakeholders to enhance the effectiveness of change management initiatives.

Risk Management

  • Maintain a strong understanding of emerging tax technologies and their potential applications within the banking industry.

Governance

  • Perform process risk analysis to identify the gaps in the existing process.
  • Embed the Group's values and code of conduct in the role remit to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes, and regulations.
  • Regular connect with stakeholders with key process metrics and forward-looking actions.
  • Complying with all governance requirements – Process metrics review.

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.
  • Lead to achieve the outcomes set out in the Bank's Conduct Principles: (Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.)
  • Serve as a Director of the Board
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key stakeholders

  • GCFO P2P, IM, GPS, Financial Controlers – LEC. Reporting, Cost R2P, Onshore Head of Finance - CFO

Other Responsibilities

  • Partner with Business/Product heads to drive and manage performance of the Bank.
  • Provide timely & accurate financial information / MIS to enable strategic decision making
  • Ensure support to business stakeholders on regular and ad-hoc management meetings

Qualifications

  • Professional qualification with a preference in Finance, Accountancy from a reputed institution with 10+ years' experience.
  • Strong process & data analysis skills, ability to prioritise and manage work to defined timelines / budgets.
  • Proven ability to work within a team environment and communicate effectively with diverse stakeholders.
  • Substantial experience of banking, depth and breadth of knowledge in processes especially in Digital Retail Bank / Accounting.
  • Ability to think laterally and critically, challenge status-quo and demonstrate innovative thinking.
  • Good working knowledge of international banking products, systems and/or processes including a previous work experience in any data warehouse infrastructure is highly preferable

Skills and Experience

  • MS Office, S4 Hana – AFO, SAC Tool

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.

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