Senior Manager, T&o Ffg Finance

Job SummaryThere is a huge focus on the Cost Management and Cost efficiency in the current Financial Services industry environment The role is to lead the growth and strategic development of Cost Analytics portfolio within the Cost Vertical in Finance Shared Services Centre GFS in respect of standard process capabilities skill sets talent pipeline stakeholder engagement high quality service delivery and controls Overseeing and providing on-going management direction for all processes and activities undertaken for Cost Analytics Introduce and maintain high quality standards of service delivery Drive SCB cost and competitive analytics and benchmarking extending efforts into market intelligence developing forward looking projections to calibrate to SCB s performance vs peers External benchmarking basis the underlying industry trends Partner with Global Process Managers and leaders to design and implement Standard Global Processes across areas of Cost Management and to track implementation effectiveness and gaps on a continued basis Lead the team to develop a strategic roadmap for Cost CoE including capabilities of modelling efficiency tracking business partnering and end to end view of Cost Engage senior stakeholders business CFO s to drive conversations in agreeing to deliver a shared agenda of improvements enhancements within the cost management processes Understand the pain areas and provide recommendations for a more efficient and effective end to end process for Cost Management including technology related aspects Agreements are met exceeded Embed a culture of continuous process and efficiency improvement within all teams and ensure that a process exists to constantly identify and implement improvement opportunities Deliver on annual productivity cost saves targets Constantly explore opportunities for migration in the hub Build compelling cases for end to end migration from countries Work closely with business and country CFOs to augment on this Contribute to the strategic development of the centre drive GFS collective agenda Work with HR to enhance the talent skill sets to meet the growing complexity and needs of finance Ensure that right talent is attracted and retained for all key roles actively work on attrition management for the unit Create sufficient bench to manage attrition efficiently Evaluate options for continuously promoting forums for employee engagements Encourage employees on their creativity learning and development improve work life balance Contribute to transformational agenda in terms of strategic consensus building driving and contributing to objectives Participate and Support in all Global initiatives as applicable from time to time Effectively lead change manage and escalate risks arising out of transition of new processes Specific to Biz Tech FP AKey Responsibilities Responsible for end-to-end financial reporting forecasting and budgeting process of the assigned business unit or corporate function Work closely with the team to ensure quality and timeliness of monthly reporting and closing Preparation of financial information in an accurate and timely manner to Management for decision making purposes Analyse current and past trends in key performance indicators including all areas of cost and headcount Monitor performance indicators highlighting trends and analysing causes of variance Active involvement in forecasting and budgeting exercise Support preparation and presentation packages for Management teams Cost benefit analysis to support decision making in new business cases Continuous improvements on financial processes to improve efficiency and internal controls Lead participate in cross-functional projects if any Assist Senior Head of the business tech with ad-hoc analysis Work closely with Business Tech CFO to formulate digitalisation strategy and initiatives Focus on understanding and translating operational business needs to solution-level architecture and process improvement Define digital initiatives implement digital solution and deliver expected business outcome Work closely with internal finance teams to understand operation processes identify process deficiency and collaborate with them in all digitalisation initiatives Provide technical direction feedback and mentorship to local and offshore team through coaching consultation working with them to formulate solutions and remove roadblocks Build and Maintain related Responsible for end-to-end reporting around build and maintain initiative Work closely with internal finance teams to verify change initiatives and classify as Transformative Change and Incremental change Establish E2E connect between build and maintain initiative TPS incurred costs and sustainable saves Work closely with Business Tech CFO to assess the movement of costs between investments and TPS Focus on understanding and translating operational changes in the business into commercial saves Assist the CFO in finalizing the TC and IC budgets TTO supply HC Hive and Non Hive TPS costs 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 Lead the team 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 Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Key stakeholders TTO CFO and their teams R2R Country Finance SPOCs P2P Finance teams TTO CIO teams Other Responsibilities Embed Here for good and Group s brand and values in TTO Finance P2P team Perform other responsibilities assigned under Group Country Business or Functional policies and procedures Multiple functions double hats Skills and Experience A seasoned Finance Professional with a leading Global Financial Institution Strong Analytical and Strategic mindset coupled with a thorough understanding of Performance Management Ability to understand and connect business drivers and rationale for and application of those relevant to the cost management process Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders Experience of having participated in any relevant strategic or finance related projects like Business Efficiency cost optimisation reduction projects Substantial experience of banking depth and breadth of knowledge in processes especially in the areas of Management Reporting Experience of having led large teams including senior experienced professionals A leader a team player with the management ability and track record to secure the confidence and respect of the peers stakeholders and the executive management team Ability to culturally orient in diverse international team environment and lead and inspire multi-disciplinary teams Ability to work effectively under pressure multi task lead through ambiguities influence where he she does not have direct authority build on unstructured formative situations Qualifications Degree in Business Accounting or Finance An advanced Degree Masters and or Professional Accreditation CPA CMA is a plus A minimum of 8 years of experience related to financial planning analysis Experience in an MNC is a plus Excellent financial awareness and analytical abilities Strong presentation written and verbal communication skills in English are a must Advanced Power Point and Excel skills Knowledge of SAP Apptio PaPM added advantage A leader team player self-motivated and customer oriented About Standard CharteredWe 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 offerIn 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 24654