Job Summary

Financial Reporting

• To ensure timely preparation and submission of Limited review accounts and Annual accounts along with Note to accounts.
• To support the GBS teams in quarterly submission of IFRS financials and resolve their queries.
• To ensure GL substantiation and such other control activities related to expense and revenue management.
• Fixed Asset accounting, Capitalisation & monitoring
• ECL review and monitoring for group and local books.
• To support the accounting, MI reporting, variance analysis of all Financial and Non-financial elements 
• Ensuring Audit trail requirements
• Manual Payments tracking and reporting if any
• To ensure monthly activities with regard to accruals and month end entries for the said segment and product costs.

RBI regulatory reporting

• Submission of Regulatory returns on monthly, quarterly and annual basis & Group reporting requirements
• Providing data or response on RBI queries
• Preparation of data for Audit requirements – Stat, Internal, RBI, GIA, etc. 
• LRMF, LCR data maintenance/ preparation/ monitoring
• CAPAD workings

Audit 

• To support all the audits like Concurrent audit, Statutory audit, Group Internal Audit, RBI audits.
• To coordinate all the teams for timely submission of data and addressing the auditor’s queries on timely basis

Tax compliances

• Attending to the TP audit, Tax audit and Tax assessment queries and data submission

Vendor Onboarding & Compliances

• Review the activities of the GFS supports at periodic intervals and impart the necessary training or guidance to them to come up the learning curve to enhance and improve the offshore support that they extend in all production and analytical activity.
• To perform Vendor Onboarding activities and group complainces with respect to same.

Key Responsibilities

Strategy

• To deliver the SCILL Strategic priorities as agreed with the Group MT by building the Business in SCILL grounds up 

Business

• Responsible for SCILL’s financial reporting for local, Group and management books, allocating and tracking efficient capital allocation, support the CEO and CFO with analysis of actual revenue and cost numbers, ensure accurate Statutory, Financial and Management accounting, ensure adequate compliance with corporate governance policies and all regulations applicable to NBFCs – for local as well as group reporting 

Processes

• To adhere to the group accounting manual and approved processes related to accounting and monitoring 

People & Talent 

• Be the SPOC for the CEO and CFO and be able to provide analytical reasoning and in-depth variance analysis for the delta or movements in Business performance seamlessly and on an end to end basis. 
• Be a team player
• Leverage GFS supports for all production and BAU activity-based support, including basic variance analysis. Continuously impart the necessary training or guidance to them to come up the learning curve to enhance and improve the offshore support that they extend in all production and analytical activity 

Risk Management

• To implement appropriate internal controls and operating risk management/monitoring processes and procedures within the unit for ensuring integrity of Performance and compliance with related group policies/standards

Governance 

• Be responsible owner and ensure compliances for all deliverables pertaining to the Finance Function within SC Capital be in Management, Financial, Statutory or Regulatory reporting, Financial Controls, Budgeting, Strategy execution, Cost management, Project Management, etc.  

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 [India / BU 342 / Finance 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

Internal

• MD and CEO
• Chief Financial Officer
• Head Finance
• Head ALM
• Other relevant Business and Functional teams 

External

• Auditors
• Regulators
• Vendors and other Consultants 

Other Responsibilities

• Embed Here for good and Group’s brand and values in BU 342 ; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); 

Skills and Experience

• Understanding of IND AS    
• Understanding of RBI Regulations for NBFC    
• Accounting Control – Financial Reporting, Cost Benefit analysis, Operational Risk framework, etc.    
• Financial & Regulatory Reporting – Accounting, GAAP, Financial Statement Analysis, Book Keeping, etc.     
• Finance Advisory - Planning: Tactical, Strategic, Forecasting , Budgeting, Effective Communication, Budget management, Business Analytics

Qualifications

• Qualified CA or MBA Finance
• Minimum of 10-12 years’ experience and deep understanding of financial services across SC Capital and NBFCs is critical for this role

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.