Job Summary

•    Hold sufficient knowledge or can be adopted to the knowledge on India GST and UAE, Bahrain, Oman and KSA VAT 
•    Work with the Global Tax Engine Service Delivery Team on the Reconciliation and Automating the activities performed by the team.
•    To gain detailed understanding of the India GST & GCC VAT rules and regulation which will help reporting process of the Bank and become an SME.
•    To meet the timelines of all India GST/GCC VAT Deliverables without any deviation as there is a regulatory expectation in meeting the timelines by planning the activities/deliverables and assign them to the team accordingly. 
•    Delivering reporting data, ensuring compliance and identifying risk, accuracy in reporting and providing solution on compliance issues without reoccurrence.
•    Responsibility in developing and implementing controls and process design around financial reporting.
•    Support the Global Tax Engine Service Delivery lead in coming up with a training plan, ensure the necessary tool sets are in place and make sure the training plan is executed smoothly and in a timely manner. 
•    Work on the activities directly identified/assigned and deliver them within the agreed timelines.
•    Disseminate the knowledge on existing as well as ongoing changes happening in the India GST/GCC VAT/Tax Engine processes in an organized manner to the rest of the team members and bring them up to speed to perform the activities.
•    Understanding banking products and country specific business context and correlating these to local regulatory reporting 
•    Provide the necessary updates to stakeholders working groups on a regular basis. 
•    Engage in a positive and pro-active stakeholder management
•    Interact with Key team members/stakeholders/technical support/project support to understand Regulatory Impact / Changes 
•    Keep operating instructions’ documents up to date.
•    Coordinate with various teams and perform Recon analysis to ensure nil compliance.
•    Adopting the Bank new standards and approach of working.

Key Responsibilities

Strategy
•    Identifying and implementing best practices to enhance reporting efficiency and accuracy by alignment with country stakeholders / Reporting team.

Business 
•    Understanding and implementing country specific regulatory requirements relates to GST and VAT, through banking products and country specific business context and correlating these to reconciliation performed and local regulatory reporting.

Processes
•    Ensuring accurate and timely submission of all required deliverables and reporting data to relevant senior stakeholders and/or regulatory authorities where appropriate.
•    Leveraging technology and automation tools to streamline reporting processes.
•    Supporting the transition of changes into BAU effectively that is aligned with the Bank’s regulatory and technology objectives.

People & Talent
•    Planning and allocating resources effectively to meet reporting deadlines and regulatory requirements.
•    Building relationships to improve collaboration across country and GFS functions to resolve issues and implement changes for local regulatory reporting.

Risk Management
•    Monitoring and ensuring that appropriate BAU and controls are followed across all production and transformation activities.
•    Coordinating with internal and external auditors to facilitate audits and reviews.
•    Identifying, monitoring and escalating as and when required key issues in the regulatory reporting process leading to material errors in regulatory returns.

Governance
•    Upholding high ethical standards and ensuring all reporting activities are conducted with integrity and transparency.
•    Inspiring proactive and innovative behaviours in the team to continuously improve performance and strive for excellence.
 

Qualifications

•    Qualified or Semi-Qualified Chartered Accountant with Tax knowledge
•    Minimum of 4 years of Regulatory Reporting.
•    Strong knowledge of Tax reporting.

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.